European stocks were moving lower in thin holiday trade on Tuesday, taking their cues from a sell-off on Wall Street overnight and weak cues from Asia. Major markets across Europe will be operating a half-day today, with bourses in Germany, Italy and Switzerland already closed. The economic data calendar for the day remains relatively light....
Indian shares recovered from early losses to end on a flat note Tuesday. The benchmark S&P/BSE Sensex ended the session down 109.12 points, or 0.14 percent, at 78,139.01 due to relentless FII selling on the years final trading day. The broader NSE Nifty index closed little changed with a negative bias at 23,644.80. The Sensex...
Indian billionaire Gautam Adanis conglomerate is exiting from its food FMCG joint venture, Adani Wilmar Ltd., with its Singaporean JV partner Wilmar International Ltd. in a deal, which is reportedly worth $2 billion. Shares of Adani Enterprises Limited or AEL dropped around 3 percent in Indian trading after it agreed to sell its entire 44...
Higher Canadian and U.S, futures, and fairly steady commodity prices point to a positive start on Bay Street on Tuesday, the final trading session of 2024. Worries about the outlook for interest rates, and concerns over tariff threats by U.S. President-elect Donald Trump may limit markets upside. Despite recovering from early lows, the Canadian market...
Billionaire Elon Musk has changed his name on his social media platform X, formerly Twitter, to Kekius Maximus. His profile picture has also been replaced with the popular meme Pepe the Frog, dressed up as a warrior holding a video game joystick. In a post on X, Musk said, Kekius Maximus will soon reach level...
The U.S. dollar advanced against its major counterparts in the New York session on Tuesday amid indications of a hawkish Federal Reserve heading into 2025. President-elect Donald Trumps policies could stoke inflation and alter the Feds monetary policy stance. Hawkish stance from the Fed and higher tariffs are expected to increase demand for the dollar....
The Canadian market looks on course to end the final session of 2024 on a positive note with stocks from communications, energy and materials sectors posting solid gains. Energy and materials stocks have moved higher on firm crude oil and bullion prices. The benchmark S&P/TSX Composite Index was up 117.90 points or nearly 0.5% at...
JAKARTA – The maturity of three bonds from three distinct issuers marks the January bond call news. Two of them are finance sector bonds. The Obligasi Berkelanjutan II PP Properti Tahap IV Tahun 2022 Seri B, which is owned by PT PP Properti Tbk (PPRO), will be the first bond to mature on January 14....
JAKARTA -PT Maharaksa Biru Energi Tbk (OASA) posted net foreign buy of 67.02 million shares at the closing today (3/1), putting this company at the top of net foreign leaderboard in the market. Based on IDNFinancials data, OASA booked foreign buy and sell 68.48 million and 1.45 million shares today. The realisation of net buy...
JAKARTA – Jakarta Stock Price Composite Index (JCI) saw gains at the morning session of the first trading day in 2025. JCI’s uptrend is in line with positive shifts by several big market capitalisation companies in the energy and banking sectors. Monitoring the board this morning (2/1), JCI climbed to 7,110 from 7,092.43 seen at...