By Richard Henderson Asian equities traded within narrow ranges early Monday as investors looked ahead to a busy week of economic data including the Federal Reserve’s preferred inflation gauge. China’s currency pared some of Friday’s losses following support by authorities. Shares in Australia and Hong Kong edged higher, while those in… Continue reading Shares in Australia, HK edges higher, while Japan, China stocks decline | World News
Tag: Stocks
Bears may tighten grip on OMC stocks as Crude Oil trades at 6-week high
Web Exclusive Premium OMC stocks are under pressure Oil prices surged for the 6-consectuive week, climbing a 3-month high post displaying a strong accumulation near $70 per barrel from March to June of this year. This is the sharpest and straight up jump the Brent Crude has observed following an intense sell-off since… Continue reading Bears may tighten grip on OMC stocks as Crude Oil trades at 6-week high
Telecom intra stocks in focus; Birla Cable, Sterlite Tech surge up to 20%
Shares of telecom infrastructure companies were in focus as they rallied up to 20 per cent on the BSE in Monday’s intra-day trade after the Union Cabinet approved an allotment of around Rs 1.3 trillion for the next phase of BharatNet. Birla Cable, Universal Cables and Vindya Telelinks hit their respective 52-week highs and zoomed… Continue reading Telecom intra stocks in focus; Birla Cable, Sterlite Tech surge up to 20%
Stocks to Watch today, Aug 07: Yatharth, TD Power, RIL, BoB, GNFC, Zen Tech
Stocks to watch on August 07, 2023: Shares of consumer discretionary such as Dixon Tech and Amber Enterprises are expected to be in focus after government relaxed curbs on laptop imports. Source link
Mumbai realty firm stocks may climb wall of worry, one valuation at a time
Real estate stocks of Mumbai-based companies have been hitting lifetime highs on expectations that launches, steady demand, and price increases in the largest real estate market in the country would boost their financials. Macrotech Developers (Lodha) and Oberoi Realty hit their all-time highs last week, while Godrej Properties came close to its 52-week high… Continue reading Mumbai realty firm stocks may climb wall of worry, one valuation at a time
China is losing out as global funds chase returns in Japanese stocks
By John Cheng and Winnie Hsu Japan is leaving China behind as Asia’s two largest stock markets compete for investor capital, with the latter’s prospects clouded by long-running concerns about economic growth and geopolitical tensions with the West. Foreign buying of Japanese equities has exceeded that of Chinese peers for… Continue reading China is losing out as global funds chase returns in Japanese stocks
Profits at Warren Buffett’s Berkshire Hathaway reach $36 bn as stocks surge
Profits rebounded at Warren Buffett’s conglomerate along with the value of its USD 353 billion stock portfolio in the second quarter to hit USD 35.9 billion, and Berkshire Hathaway’s assorted businesses also performed well, led by strong results in its core insurance businesses, particularly Geico. Berkshire Hathaway said on Saturday that its profits… Continue reading Profits at Warren Buffett’s Berkshire Hathaway reach $36 bn as stocks surge
Laptop import curbs lift EMS stocks but analysts warn of jumping the gun
The government’s recent import restrictions on laptops, tablets, personal computers, and other similar data-processing units have led to a massive rally in stocks of related electronics manufacturers. Investors lapped up shares of Dixon Technologies, Optiemus Infracom, Syrma, Netweb Tech, and HCL Infosystems, which surged up to 17 per cent over the last… Continue reading Laptop import curbs lift EMS stocks but analysts warn of jumping the gun
5 stocks that you can buy now for the long-term
The domestic market has been on a downward spiral since the last 10 sessions, with the BSE Sensex missing 68,000 and Nifty 50 skipping 20,000-mark. Both the indices have broken short-term support of the 21-simple moving average (SMA), reflecting mild selling pressure. However, a few selective stocks still continue to display spirited trend,… Continue reading 5 stocks that you can buy now for the long-term
Morgan Stanley cuts rating on China stocks, asks investors to take profits
By Jacob Gu and John Cheng Morgan Stanley cut its rating on Chinese stocks to equal weight Wednesday, saying investors should capitalize on a rally spurred by government stimulus pledges to take profits. Chinese assets have gotten a boost in recent days amid a slew of promises from Beijing to… Continue reading Morgan Stanley cuts rating on China stocks, asks investors to take profits