Page 45 - Global Markets

Tumultuous 2020 rewards investors who stared down Covid-induced turmoil

The S&P 500 ended on an up beat, with a 1.4 per cent gain in the holiday-shortened week. This pushed its CY20 gain to 16 per cent, an ending that would have seemed far-fetched in March.

Brexit to benefit Indian firms only in the long run, say analysts

Auto, pharma, IT, chemicals among sectors with significant reliance on UK and European nations with Tata Motors, Motherson Sumi, Tata Steel, TCS, Wipro, Infosys and Tech M among key names

Asian shares set for mixed opening on resurgent coronavirus worries

Australia's S&P/ASX 200 was up 0.60% in early trading, following three-straight days of losses. Japan's Nikkei 225 futures were down 0.13%

S&P 500 pares losses as US stimulus passage expected; Tesla falls 4.6%

The $900 billion package, expected to pass on Monday, includes unemployment aid and steers money to small businesses, airlines, transit systems and vaccine distribution.

Move over bonds. It is stocks' turn in spotlight of emerging markets

Bonds have been the most profitable asset class in emerging markets over the past decade, beating stocks in volatility-adjusted returns almost every year except 2017

If 2020 wasn't enough, here are StanChart's 8 big market risks in 2021

A pandemic wasn't on too many lists last year, but global markets have largely recovered from the shock, helped by emergency fiscal- and monetary action

Oil prices set for weekly gain amid coronavirus vaccine rollouts

Brent was up 30 cents or 0.6 per cent at $50.55 a barrel by 1:22 pm IST, after gaining nearly 3 per cent on Thursday

The current IPO craze is starting to look like tech bubble of late 1990s

The FTSE Renaissance Global IPO Index, which tracks the performance of offerings worldwide, is up 82 per cent this year, compared with a 12 per cent gain for MSCI's all-country equity index

Indices resume upward ride as Sensex ends 139 pts higher, Nifty tops 13,550

Subdued global markets and a flat rupee capped the gains, analysts said

Infosys completes 8 years of NYSE listing, to ring closing bell

Infosys will ring the closing bell at the New York Stock Exchange (NYSE) to commemorate its eighth anniversary of listing on the exchange

DoorDash set for blockbuster trading after IPO raises $3.37 billion

If gains hold, DoorDash's market capitalization would be around $63.5 billion at the top end of the indicated range

S&P 500, Dow hit all-time highs on stimulus, coronavirus vaccine hopes

(Reuters) - The S&P 500 and the Dow scaled record highs on Wednesday as hopes of a working COVID-19 vaccine and fresh economic stimulus before the end of the year lifted demand for economically sensitive energy and financial shares.

Only time will tell who is right, bullish markets or bearish commentators

Even if investors disagree, they must not dismiss the signals the markets are sending

Goldilocks year awaits emerging markets defying Covid-19 pandemic rout

Underpinning the recovery is a resurgence in foreign-investor interest

GM, Nikola announce reworked agreement; Nikola shares tumble 24%

The new agreement, a non-binding memorandum of understanding that doesn't expire until the end of 2021, is subject to negotiation and a definitive deal, Nikola and GM said in separate statements.

Global shares stuck near peaks, US oil futures extend declines

Shares in China rose 0.37% after data showed Chinese industrial profits hit a nine-year high. South Korean stocks also rose 0.05%

Trump hails Dow Jones Industrial Average crossing record 30,000 mark

In a brief speech, US President Donald Trump congratulated the public on the Dow Jones Industrial Average hitting a historic record of 30,000 point

Gold drops to 4-month low on Covid vaccine hope, signs of economic recovery

Gold prices have posted two straight weekly declines and hol­dings in exchange-traded funds backed by the metal have slipped as hopes for a virus vaccine buo­yed markets

Asian shares rise on hopes for rapid coronavirus vaccine rollout

MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.38%, pushing past a previous record high touched on Friday

Global fund managers expect emerging markets to outperform in 2021

While the S&P500 index of the US is the best-performing, with gains of 10 per cent, the MSCI EM index has gained 8.5 per cent year-to-date