As bitcoin keeps falling, an S&P 500 correction could be close behind
The recent weakness of bitcoin could signal an imminent correction of the S&P 500 in the summer, as the two assets often trade in tandem.
PSX gains 725 points to close at 59,811
The 100-index of Pakistan Stock Exchange (PSX) witnessed bullish trend on Monday, gaining 724.99 points, a positive change of 1.23 percent, closing at 59,811.34 points against 59,086.35 points the previous trading day. A total of 657,580,760 shares valuing Rs 20.272 billion were traded during the day as compared to 658,424,782 shares valuing Rs 22.015 billion […]
Adani Group stocks rise up to 20 per cent. Know why
Stock prices of Adani group companies soared on Friday also as the Supreme Court heard and reserved its verdict on a batch of petitions seeking examination of allegations of fraud against the conglomerate.
Dow Jones Industrial Average tries to climb, but slumps to end Friday down after NFP surge
The Dow Jones Industrial Average (DJIA) shrugged off a forecast-thumping Nonfarm Payrolls (NFP) print on Friday, climbing into a brief 0.2% gain through the US market session before slumping back to the day’s opening bids after a reactionary tumble to better-than-expected jobs additions in May.
Gondek's approval rating continues to slide, now at 30 per cent: poll
Voter support for Calgary Mayor Jyoti Gondek continues to decline and has now reached historically low levels, a new poll suggests.
United States Redbook Index (YoY) fell from previous 3.1% to 3% in March 8
United States Redbook Index (YoY) fell from previous 3.1% to 3% in March 8
Serco points to higher profits in 2024 after strong second half
Public services provider Serco has announced that 2023 revenues and profits will be in line with guidance as it pointed to further bottom-line growth in the coming financial year.
Juniper Networks jumps after WSJ reports on potential sale to HPE
HPE could announce a deal to buy Juniper as soon as this week, the Wall Street Journal reported
USD/CAD holding steady on Wednesday just above 1.3300
The USD/CAD is getting pushed lower as broader markets see a healthy risk bid that is forcing down the US Dollar (USD) and a bump in Crude Oil bids is propping up the Canadian Dollar (CAD) while the Bank of Canada (BoC) sees lower odds of inflation risks making a reappearance.
Shares at PSX lose another 245 points on profit-taking
Analysts say market in correction phase, investors squaring future positions.
New Zealand GDT Price Index climbed from previous 1.6% to 2.3%
New Zealand GDT Price Index climbed from previous 1.6% to 2.3%
Sensex, Nifty kick off 2024 on a flat note
The BSE gained 31.68 points or 0.04 per cent to settle at 72,271.94 while Nifty rose 10.50 points to 21,741.90.
Index slips after flirting with 66,000 level
Analyst said the market remained under pressure on weak global equities and prevailing economic uncertainty.
Canadian Dollar quickly gives back short-term bounce from Canadian Unemployment Rate beat
The Canadian Dollar (CAD) slipped back after testing higher on Friday.
GameStop shares resume rally, seal highest close in 3 weeks
The videogame retailer’s shares are in the spotlight once again with the return of influential trader Keith Gill, also known as Roaring Kitty.
EUR/USD ends NFP Friday near where it started after rejection from 1.1000
The EUR/USD fell to a three-week low on Friday after European inflation rebounded higher in December, with the Eurozone Harmonized Index of Consumer Prices (HICP) for the year ended December climbing to 2.9% versus November’s YoY 2.4%.
Russel Metals (TSE:RUS) Price Target Raised to C$44.00 at BMO Capital Markets
Russel Metals (TSE:RUS – Free Report) had its price objective boosted by BMO Capital Markets from C$41.00 to C$44.00 in a research note released on Monday morning, BayStreet.CA reports. A number of other analysts have also weighed in on the stock. National Bank Financial upgraded shares of Russel Metals from a sector perform market weight […]
Tata AIA Flexi Growth Fund NFO window to close on December 31, 2023
PRNewswire Mumbai (Maharashtra) [India], December 27: Tata AIA Life Insurance (Tata AIA), one of India’s leading life insurers, introduces the Tata AIA Life Flexi Growth Fund that allows policyholders to invest in a wide range of companies in the Large, Mid, and Small cap space, depending on the attractiveness of each at any given point […]
WTI holds steady around $80.60 area, just below the YTD peak touched on Thursday
West Texas Intermediate (WTI) US Crude Oil prices oscillate in a narrow range, just above mid-$80.00s during the Asian session on Friday and remain well within the striking distance of the highest level since November 6 touched the previous day.
Closing Bell: TASI sheds points to close at 12,657 points
RIYADH: Saudi Arabia’s Tadawul All Share Index closed at 12,656.94 points on Monday, marking a decrease of 139.15 points or 1.09 percent. Conversely, the parallel market, Nomu, concluded at 27,237.44, registering an uptick of 397.03 points or 1.48 percent. The MSCI Index descended by 20.19 points to settle at 1,592.39, a drop of 1.25 percent. On the announcement front, Jabal
Sensex climbs 87.6 points to 71,194.56 in early trade; Nifty up 40.25 points to 21,389.65
Rupee turns flat at 83.16 against US dollar in early trade.
Eurozone HCOB Manufacturing PMI registered at 45.6, below expectations (45.8) in August
Eurozone HCOB Manufacturing PMI registered at 45.6, below expectations (45.8) in August
Closing Bell: Saudi main index inches up to close at 11,101
RIYADH: Saudi Arabia’s Tadawul All Share Index rebounded on Tuesday, as it gained 20.18 points or 0.18 percent to close at 11,100.92. The total trading turnover of the benchmark index was SR4.87 billion ($1.30 billion) as 108 of the listed stocks advanced, while 103 declined. Saudi Arabia’s parallel market Nomu also performed well on Tuesday, with the index gaining 371.89
Bulls return to PSX as stocks gain 400 points
Analyst says central bank's decision on key rate critical for market outlook in the short run.
Russel Metals (TSE:RUS) Price Target Raised to C$44.00 at BMO Capital Markets
Russel Metals (TSE:RUS – Free Report) had its price objective boosted by BMO Capital Markets from C$41.00 to C$44.00 in a research note released on Monday morning, BayStreet.CA reports. A number of other analysts have also weighed in on the stock. National Bank Financial upgraded shares of Russel Metals from a sector perform market weight […]
United States Net Long-Term TIC Flows registered at $3.3B, below expectations ($45.8B) in October
United States Net Long-Term TIC Flows registered at $3.3B, below expectations ($45.8B) in October
Week ahead: New Year's data flurry to keep traders busy
Markets will experience another shortened trading week with all major equity indices closed for New Year's Day on Monday, but traders returning to their desks after the festive holidays will have an influx of economic data to contend with.
USD/JPY briefly tests above 146.00 post-CPI, fades back to flat on the day
The USD/JPY climbed early in Thursday’s US market session after US Consumer Price Index (CPI) inflation numbers broadly beat market forecasts, with inflation stepping higher in December and completely swamping out market hopes for signs that rate cuts would be impending soon.
A record-setting year; markets surged by up to 20%
Equity indices Sensex and Nifty declined on the last trading day of 2023 as investors preferred profit-taking after the recent sharp rally, finishing with benchmarks surging by up to 20 per cent. After a five-day winning run, selling pressure emerged in energy, banking and IT counters on Friday, which dragged indices lower, traders said. The
PSX snaps positive streak as benchmark index loses 200 points
Analysts say market witnessed profit-taking amid negative news related to refineries.
Volatile PSX slips from 91,000 to end at new all-time high
Stocks on Monday blasted off to a new record intraday high above 91,000 points, driven by strong corporate results and hopes of a cut of up to 200 basis points in the central bank's policy rate,...
Palantir shares close up 23% to record on uplifting guidance
Palantir shares soared to a record on Tuesday after the software company reported better-than-expected results and issued uplifting guidance.
last updated on 6 Nov 16:55