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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...
GLOBAL STOCKS GO UP WITH ALL EYES ON OPEC MEETING
Highlights
• Ahead of crucial meeting between Russia and OPEC, Stock markets around the globe surge
• Except France’s CAC and Japan’s Nikkei 225, majority of markets saw so e growth
Thursday was expected to bring some positivity in the global st...
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 ...
SOUTH KOREAN STOCKS DROP, US ANNOUNCES TRADE RESTRICTIONS ON CHINA
United States announced that it is going to impose tougher trade restrictions on China. Following the news, South Korean stocks dropped 1.5 percent on Tuesday. The Korean Won severely lost ground against the U.S. dollar.
According to the news report by Yonhap News Agency, the benchmark ...
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...