The Thai stock market on Thursday snapped the three-day slide in which it had given up more than a dozen points or 0.8 percent. The Stock Exchange of Thailand now rests just beneath the 1,325-point plateau although it\'s likely to see renewed consolidation on Friday. The global forecast for the Asian markets is weak, with...
Gift Nifty futures indicate a positive open for Indian markets Friday despite weak cues from global markets. Stock-specific action as a result of earnings releases and expectations ahead of the much-anticipated Union Budget 2024-25 may sway sentiment as the session progresses. Bharat Petroleum, JSW Steel, Reliance Industries, UltraTech Cement and Wipro are among the prominent...
Shares of Electrolux AB were gaining around 6 percent in the morning trading in Stockholm after the Swedish home appliance major reported Friday sharply narrower loss in its second quarter, and swing to an operating profit with strong growth in net sales. The company further said it now targets cost savings of approximately 4 billion...
Indian shares fell sharply on Friday, tracking weak cues from global markets. Lower commodity prices and a global tech sell-off spurred profit taking at higher levels after recent strong gains. The benchmark S&P/BSE Sensex fell 739 points, or 0.91 percent, to 80,605 while the broader Nifty index closed at 24,531, down 270 points, or 1.1...
The bigger-than-expected UK public sector net borrowing in June highlights the challenges faced by the new government. Public sector net borrowing decreased GBP 3.2 billion from the last year to GBP 14.5 billion in June, marking the lowest June borrowing since 2019, the Office for National Statistics said Friday. However, the latest figure was GBP...
Comerica, Inc. (CMA), a financial services company, reported Friday that net income attributable to common shares for the second quarter decreased to $200 million or $1.49 per share from $266 million or $2.01 per share in the prior-year quarter. Excluding items, adjusted earnings for the latest quarter were $1.53 per share. On average, 22 analysts...
The Conference Board released a report on Thursday showing a modest decrease by its reading on leading U.S. economic indicators in the month of June. The report said the leading economic index edged down by 0.2 percent in June after falling by a revised 0.4 percent in May. Economists had expected the leading economic index...
Canadian stocks are turning in a mixed performance in lackluster trade Thursday morning with investors making cautious moves, looking for directional cues. Materials shares are weak. Technology stocks are among the other notable losers. A few stocks from communications and financials sectors are moving higher. The benchmark S&P/TSX Composite Index is down 47.23 points or...
European stocks closed on a mixed note on Thursday, with investors digesting the European Central Bank\'s policy announcement, and hoping for an interest rate cut by the Bank of England next month. The ECB left its key interest rates unchanged as expected, after lowering them for the first time in five years in the previous...
Indian shares traded lower in early trade on Friday, tracking weak cues from global markets amid fears of new trade tensions between the U.S. and China. The benchmark S&P/BSE Sensex was down 120 points, or 0.2 percent, at 81,222 while the broader NSE Nifty index was down 48 points, or 0.2 percent, at 24,752. Metal...