Japan's Nikkei share average was flat on Wednesday morning in thin end-of-year trade, while Toshiba Corp tumbled 20 percent on continued concerns about posting a big special loss. The post Nikkei flat in thin trade; Toshiba dives as Hitachi soars appeared first on The Financial Express.
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The Dow hit an all-time high for the third straight day on Wednesday, helped by a record-setting surge in industrial stocks, but a drop in technology heavyweights kept the S&P 500 and the Nasdaq in negative territory. The post Industrials lift Dow to record, techs drag S&P and Nasdaq appeared first on The Financial Express.
The S&P 500 inched lower on Wednesday afternoon, hurt by declines in Eli Lilly and other healthcare shares, while the Dow edged higher along with industrial stocks in light trading ahead of a U.S. holiday. The post S&P 500 dips with healthcare shares, Dow edges up ahead of holiday appeared first on The Financial Express.
Japanese stocks rose to a near 11-month high on Thursday on a weaker yen and after Wall Street shares closed at record highs overnight, while the dollar's bull run continued as upbeat economic data took U.S. bond yields to multi-year highs. The dollar index was at 101.76, not far from 101.91 touched overnight, its highest since March 2003. The post Japan stocks rise to near 11-mth high, dollar bulls continue charge appeared first on The Financial Express.
Most Asian stock markets fell on Thursday as upbeat economic data strengthened the prospect for higher U.S. interest rates, while the dollar's bull run continued as U.S. bond yields hovered near multi-year highs. The post Asia stocks slip on spectre of higher US rates, dollar “a freight train” appeared first on The Financial Express.
Sterling was headed for its strongest monthly performance in eight years on both a trade-weighted basis and against the euro on Thursday, hitting a nine-week high against the basket of currencies that measures its broader strength. The post Sterling heads for strongest month in 8 years, hits nine-week high appeared first on The Financial Express.
The Dow and the S&P 500 eked out record high closes on Wednesday ahead of the Thanksgiving holiday, helped by gains in industrial stocks, though losses in technology shares limited the advance and weighed on the Nasdaq. The post Dow, S&P 500 set record high closes ahead of holiday appeared first on The Financial Express.
Maruti Suzuki launched its new compact SUV Ignis which we believe is likely to be another winner due to its superior features, performance and higher fuel efficiency than its competition. The post Kotak puts ‘Buy’ rating on Maruti Suzuki shares; target price Rs 6, 300 appeared first on The Financial Express.
Dewan Housing Finance’s (DHFL) Q3FY17 PAT, at R2.45 billion (up 32% Year-on-Year), was marginally better than our estimates owing to better NIMs (broadly stable Quarter-on-Quarter versus expectation of decline). The post Edelweisis maintains ‘Buy’ on Deewan Housing Finance; target price Rs 374 appeared first on The Financial Express.
IRB has been assigned a long term senior debt rating of IND AAA with a stable outlook for its InvIT Fund. The post IRB gets ‘IND AAA’ rating for InvIT fund appeared first on The Financial Express.
Dhanuka Agrotech has filed a draft offer of letter with the Securities and Exchange Board of India (Sebi) for the buyback of 9.4 lakh shares worth R79 crore. The post Dhanuka Agritech to buy back R79-crore shares appeared first on The Financial Express.
The Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved listing of five state-owned general insurance companies, thus paving the way for reducing the government’s stake in these insurers from 100% to 75%. The post Cabinet clears stake sale in PSU general, eyes Rs 23,000 cr appeared first on The Financial Express.