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Sensex ends higher ahead of 4th quarter results macro data

12 Apr 2019

Ahead of the fourth quarter results of the IT heavyweights Infosys and TCS, and key macro data release, major equity indices ended the week on a higher note led by gains in banking stocks. The BSE Sensex closed 160.10 points or 0.41 per cent higher at 38,767.11. The broader Nifty finished 46.75 points or 0.40 per cent higher at 11,643.45. “Market turned positive despite a weak rupee as investors

China data, JPMorgan earnings boost stocks, riskier assets

12 Apr 2019

Global stock markets rose on Friday after JP Morgan›s results kicked off the US corporate earnings season in style, while signs of stabilisation in China›s economy also helped riskier assets on views the growth outlook worldwide is better than thought.

Sensex, Nifty hit record closing high on foreign fund inflows

16 Apr 2019

Major Indian indices − Sensex and Nifty − closed at their highest-ever on Tuesday riding strong and sustained foreign fund inflows and bets of yet another rate cut over a near-normal monsoon forecast. Both indices touched their all-time highs − Sensex at 39,364.34 and Nifty 11,810.95 − during the early trade and mostly held on to the gains

ADX, French Business Group discuss investment opportunities

16 Apr 2019

The Abu Dhabi Securities Exchange (ADX), region’s leading financial market, recently hosted the French Business Group delegation during which the operational framework, vision, mission, and investment opportunities at ADX were highlighted. Abdul Aziz Al Neaimi, Assistant Chief Executive of ADX,

Stocks march towards new peak as European volatility vanishes

16 Apr 2019

Stock markets rose on Tuesday to new six-month highs after reassuring data about the health of China›s economy and economic sentiment in Germany helped investors brush aside disappointing bank earnings. The latest leg higher in a three-month long global rally comes as a degree of calm has descended across financial markets,

Japan, China shares climb in thin holiday trade

19 Apr 2019

Tokyo and Shanghai stocks closed higher on Friday but trade lacked direction with several major markets closed for Easter holidays. In Japan, the benchmark Nikkei 225 index added 0.50 per cent, or 110.44 points, to 22,200.56, while the broader Topix index climbed 0.12 per cent, or 1.96 points, to 1,616.93.

Sensex ends 135 points lower

18 Apr 2019

Sensex and Nifty ended lower on Thursday after advancing for four consecutive sessions as investors took to profit booking. Investors also treaded with caution ahead of Q4 results from index heavyweight Reliance Industries. Jet Airways was in the spotlight throughout the day over its steep fall.

Brexit inertia means London’s finance workers will face slump

20 Apr 2019

The weeks before Easter are usually some of the busiest of the year for bankers, lawyers and consultants in the City of London, as clients rush to get deals done before a run of public holidays. But this year comparatively little has been happening.

LME’s storage problems to badly affect tin markets

21 Apr 2019

London Metal Exchange’s (LME) storage problems may badly affect small tin markets, according to analysts. Is the exchange’s physical storage function in danger of slipping into the shadows? That’s the question at the heart of the LME’s latest public discussion paper on its troublesome warehouse network.

Wall Street declines ahead of major earnings reports

22 Apr 2019

US stocks pulled back slightly on Monday as investors awaited a barrage of major earnings reports this week, the busiest this earnings season, while a jump in energy stocks kept losses in check.

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