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Asian stocks slump as demonstrations and lockdowns in China cloud the picture.
On Monday, Asian stocks fell, with Hong Kong temporarily falling more than 4% as a result of weekend protests in several places against China's draconian zero-COVID lockdowns.
After a mixed, truncated day on Wall Street on Friday, US futures were down. Oil prices have dropped by mor...
U.S. STOCKS JUMP ON REPORTS OF ROLLOUT OF COVID-19 VACCINE BY MID-DECEMBER
Highlights
• Wiping off last week’s losses, futures on the Dow Jones Industrial Average, S&P 500 and the Nasdaq jumped between 0.4 percent and 0.7 percent
• According to an announcement by Moncef Slaoui, the head of White House's Operation Warp Speed, s...
IMPROVEMENT IN MACHINERY ORDERS IN JAPAN LEADS TOKYO STOCK END HIGHER ON THURSDAY
Highlights –
- Improvement in machinery orders in Japan leads Tokyo stocks end higher on Thursday.
- 225-issue Nikkei Stock Average ended up by 202.93 points.
- Topix index ended at 19.46 points.
- Stock issues saw gains in marine ...
TOKYO STOCKS FALL ON THURSDAY; YEN STANDS FIRM
Highlights –
- Tokyo stocks fall on Thursday; Yen stands firm.
- U.S-China political tensions weigh heavily on the stock market.
- 225-issue Nikkei Stock Average fell down by 82.00 points.
- Topix index finished at 8.59 points.
TOKYO STOCKS END LOWER ON WEDNESDAY
Highlights –
- Tokyo stocks end lower on Wednesday.
- 225-issue Nikkei Stock Average down by 5.91 points.
- Topix index fall by 0.75 points.
- The Nikkei mostly traded in negative territory, after opening mixed.
...
TOKYO STOCKS DIP ON TUESDAY, MAJORLY DUE TO U.S-CHINA TENSIONS
Highlights –
- Tokyo stocks dip on Tuesday, majorly due to U.S-China tensions.
- 225-issue Nikkei Stock Average fell by 124.32 points.
- Topix was down by 7.22 points.
- Mitsubishi Motors stocks fell by 7 yen.
U.S...
TOKYO STOCKS RISE ON TUESDAY; NIKKEI STOCK AVERAGE RALLIED UPWARDS
Highlights –
- Tokyo Stocks rise on Tuesday; Nikkei Stock Average rallied upwards.
- 225-issue Nikkei Stock Average gained by 1.70 percent.
- Topix index was up by 2.13 percent.
- Stocks saw gains in companies led by real estate, ...
TOKYO STOCKS PLUNGED ON FRIDAY
Highlights –
- Tokyo stocks plunged on Friday.
- Investor sentiment was weak due to April-June earnings reports.
- 225-issue Nikkei fell by 144.53 points.
- Topix index was down by 3.56 points.
Tokyo stocks plung...
UK PROFESSORS ACHIEVE 'MAJOR' BREAKTHROUGH IN COVID-19 DRUG
HIGHLIGHTS
- Three professors in UK have made something that they claim as a “major breakthrough” for the coronavirus treatment.
- Synairgen’s share price has risen 540% ever since the news of successful drugs trial has come out. ...
INDIAN STOCKS IN RED ZONE: SENSEX SLUMPS 200 POINTS, NIFTY AT 10,750
Highlights
• The S&P BSE Sensex is trading at 36,500 and the benchmark Nifty50 index is trading at 10,748.10 levels
• IndusInd Bank was the top Sensex laggard in the morning trading session plumbing 2 percent followed by Mahindra & Mahindra and Tech Mahindra ...
INVESTORS BET ON ANIL AMBANI'S RELIANCE INFRA: STOCKS SEE 17% JUMP IN 3 DAYS
Highlights
• On Friday, the stocks of Reliance Infrastructure are trading at Rs 35.15 per share
• In the AGM of the company, Anil Ambani had stated that Reliance Infrastructure will become debt-free by the end of FY21
• At present, the promoters ...
SEOUL STOCKS OFF TO A FLYING START
Highlights
• The Wall Street saw some gains in overnight trading courtesy of decline in number of jobless claims
• Newly released exports data from China helped to improve investor sentiment
After some gains by the Wall Street in the overnight trading, Frid...
SEOUL STOCKS START ON POSITIVE NOTE
Highlights
• KOSPI went up by 23.51 points to 1,918.88 in the first 15 minutes of Wednesday’s trading
• Market situation is stabilizing every passing day as majority of countries are gradually reopening their economies
• Majority of large-cap sto...
SOUTH KOREA: SEOUL STOCKS TAKE A LOW START
Highlights
• Despite gains by the U.S. stocks is Seoul open lower at 1,827.35 points that is around 1.79 percent less than Friday
• Outbound shipments in South Korea fell down to $12.2 billion in last 10 days of April
• Closing down of borders by vario...
WEDNESDAY UPDATE – SEOUL STOCK MARKET
Highlights –
- Seoul Stocks drop by 3% on Wednesday (KST)
- KOSPI fell 54.66 points, or 2.78 percent, to 1,908.27
- Trading volume was moderate at 662.82 million shares worth US$7.5 billion
According to South Korean stock...
WALL STREET STOCKS PLUNGE AMIDST CORONAVIRUS EPIDEMIC
HIGHLIGHTS
- Dow Jones Industrials dropped more than 800 points.
- S&P 500, Nasdaq suffered three-week lows.
- Apple Inc stocks fell 4.1%.
On Monday, the Dow Jones Industrials dropped more than 800 points. Also, the S&P ...
WUHAN VIRUS IMPACT ON TESLA INC AS ITS STOCKS FELL 20.6%
Highlights
- Tesla Inc, shares fell almost 20.6 %
- Shanghai factory car deliveries expected in early February would be delayed due to coronavirus
Tesla Inc, shares fell almost 20.6 % after showcasing a rise of 36% between Friday and Tue...
FOUR INDIAN COMPANIES FILE FOR IPO
HIGHLIGHTS
- Realty firm Puranik Builders, online travel firm EaseMyTrip have received markets regulator Sebi’s approval
- Construction firm Montecarlo Ltd and manufacturer of pharmaceutical chemicals Chemcon Speciality Chemicals got approval from S...
GLOBAL STOCKS TUMBLED
Highlights
- Japan's Nikkei fell by 0.9%
- South Korea's Kospi index fell by 3%
- Market worried about the about virus
- Investors worried about the potential economic impact from virus
On Tuesday China too...
U.S STOCKS MARKETS FELL AMID CHINA VIRUS
Highlights
- China virus fears affected airlines, travel stocks
- Morgan Stanley drops after Citi downgrade
On Tuesday U.S. stock indexes fell as worrisome growth outlook from the IMF paused a record-setting rally on Wall Street. Also, t...