The Malaysia stock market has tracked lower in three straight sessions, dropping more than 25 points or 1,7 percent along the way. The Kuala Lumpur Composite Index now sits just beneath the 1,610-point plateau although it may stop the bleeding on Tuesday. The global forecast for the Asian markets is positive, mostly on inertia following...
Indian shares are set for a muted open Tuesday despite firm cues from overseas markets and a sharp fall in oil prices in the U.S. trading session overnight. FMCG stocks could be in focus after Britannia Industries reported a 9 percent fall in Q2 consolidated net profit. Earnings from NMDC, Shree Cement, Hindustan Copper, Bank...
The Malaysia stock market has tracked lower in back-to-back sessions, dropping almost 15 points or 1 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,620-point plateau although it may stop the bleeding on Monday. The global forecast for the Asian markets is mixed as countries weigh the results of...
French stocks were sharply higher on Monday despite increased uncertainty resulting from Donald Trumps decisive victory in the U.S. presidential election. Investors remain apprehensive about how Trumps second presidency will impact EU policy from energy and trade to finance and defense. The benchmark CAC 40 was up 93 points, or 1.3 percent, at 7,432 after...
U.K. stocks started the week on a buoyant note after suffering losses in the past four sessions. The benchmark FTSE 100 was up 51 points, or 0.6 percent, at 8,123 after falling 0.8 percent on Friday. NatWest Group surged nearly 2 percent after it agreed to buy back £1 billion of shares from the government....
European stocks traded sharply higher on Monday ahead of a busy week, with inflation readings across Europe, U.S. and a preliminary reading of euro zone third quarter GDP awaited. The pan European STOXX 600 was up more than 1 percent at 511.91 after falling 0.7 percent on Friday. The German DAX rallied 1.2 percent after...
Indian shares fluctuated before ending on a flat note Monday. Global cues were mixed but oil extended steep declines from Friday, helping ease concerns around twin deficits. Concerns over FII flows exerted downward pressure on stock prices as the dollar held firm near last weeks four-month peak versus major peers on optimism around Donald Trumps...
The Bank of Japan board members said they need to be cautious on the timing of future rate hike, a summary of opinions showed on Monday. As the Bank has been expecting to raise the policy interest rate at a moderate pace, it has time to monitor the future course of the U.S. economy, including...
Shares of Continental AG were gaining around 7 percent on the German trading after the automotive parts maker reported Monday significantly higher profit in its third quarter, mainly as Automotive sector was benefited by the measures taken to improve earnings. Further, the company maintained fiscal 2024 adjusted margin outlook, but trimmed its sales forecast, after...
A historic win for former President Donald Trump in the U.S. Presidential elections boosted the U.S. Dollar and lifted the Dollar Index for the 6th week in a row. Despite the Feds rate cut weakening the greenback, the U.S. Dollar gained against the euro, the British pound, the Swedish krona as well as the Swiss...
