Page 9 - Stock Markets

Asian stocks slip as Wall Street declines linger, commodities catch breath

SINGAPORE (Reuters) -Asian stocks limped towards the end of the week on a shaky footing on Friday as declines on Wall Street lingered into early trading, while commodity markets took a breather after their recent charge higher. Regional markets remain on track for one of their best years in a decade, firmly outstripping gains for U.S. counterparts as President Donald Trump's package of economic policies and tariffs prompts a surge of orders across the region to meet booming demand for AI-linked technology hardware. The U.S. trading session marked the point where a number of "well-subscribed, high-momentum trades" including gold, silver, crypto, and much of the S&P 500 "finally showed signs of exhaustion," said Chris Weston, head of research at Pepperstone Group Ltd in Melbourne. MSCI's broadest index of Asia-Pacific shares outside Japan fluctuated between gains and losses, last down 0.2% as its gains for the week hung in the balance, after U.S. stocks ended the previous .

Asian shares mostly fall after US stocks retreat; gold tops $4,000 an ounce

Shares were mostly lower in Asia on Wednesday after US stocks sank to their first loss in eight days, losing momentum after the price of gold topped $4,000 per ounce for the first time. The price of gold was up $25.40 at $4,029.60 an ounce. US futures and oil prices also advanced. The Japanese yen fell sharply against the dollar on expectations that Sanae Takaichi, the conservative lawmaker likely to become the next prime minister, will push to keep interest rates low. The dollar rose to 152.53 yen from 151.90 yen, while the euro slipped to $1.1621 from $1.1659. Tokyo's benchmark Nikkei 225 edged 0.1% higher to 48,002.18. Takaichi, who the ruling Liberal Democrats chose as their leader last weekend, is expected to increase spending and to advocate for easier credit, possibly slowing efforts by the Bank of Japan to raise its key interest rate. It has remained near zero for years, even as inflation has exceeded its target of about 2%, outpacing wage increases. While the economic c

Om Freight Forwarders lists at 40% discount on NSE, misses GMP expectations

On the BSE, Om Freight Forwarders shares opened at ₹82.5 and saw choppy trading, climbing nearly 5 per cent to hit a high of ₹86.5 after the listing

Tech leads Asia share rally, gold near record high on Fed rate cut bets

Taiwan's tech-heavy bourse jumped 1.5 per cent, while South Korea's KOSPI shot up 2.8 per cent after chip heavyweights Samsung and Hynix inked partnerships to supply OpenAI data centres

Should you avoid rate-sensitives stocks as RBI MPC holds policy rates?

Technical charts suggest that Bank Nifty may exhibit range-bound trade in the near-term; Auto index may ride to new highs, while Realty index could see sharp swings in the coming months.

Caution sets in: Equities fall, gold hits record amid US shutdown fears

MSCI's broadest index of Asia-Pacific shares outside Japan, however, rose almost 0.5 per cent, poised for a gain of over 5 per cent this month

Asian markets edge higher as investors eye possible US govt shutdown

MSCI's broadest index of Asia-Pacific shares outside Japan firmed 0.4 per cent, to be up almost 4 per cent for the month

Difficult to make case for sustained underperformance: Saion Mukherjee

India's equity story hinges on consumption, selective midcap bets, and FII flows, while IT faces headwinds and banks offer steady value, says Mukherjee

Sensex, Nifty extend losses to log longest losing streak in six months

Indian markets fell for a fifth day on sustained FPI selling and weak IT outlook after US visa fee hike, eroding Rs 3.2 trillion in investor wealth and testing key support levels

More than 60% of top BSE 500 stocks trading 20% below their peaks

More than 300 BSE 500 stocks are 20% or more below peaks as an earnings slowdown and US trade tariffs weigh, even as Sensex and BSE 500 trade near record highs

Asian stocks rise on AI optimism as tech surges, gold at fresh peaks

The rush into tech has been a boon for chip sectors in many Asian markets, with South Korean stocks up 0.2 per cent, having surged almost 9 per cent this month

Stock markets likely to open flat; IT firms in focus amid US visa hike

India's $283 billion IT sector, which generates about 57 per cent of its total revenue from the US, has long gained from American work visa programmes and outsourcing of software and business services

CCIL: Taking govt bond and foreign exchange markets to the masses

What NSE and BSE are to the equity market, CCIL is far more than that for the govt bond, foreign exchange and OTC derivative markets

Adani seeks accountability as Sebi dismisses Hindenburg allegations

Adani Group demands accountability after SEBI cleared it of Hindenburg's charges that triggered a $150 billion market loss and rattled investor confidence in 2023

Chinese savers have $23 trillion with few attractive options beyond stocks

So far, retail investors haven't driven the rally - local institutions and foreign inflows have, according to Goldman Sachs Group Inc

Strong growth, improving profitability bode well for Eternal's stock

The Eternal Food Delivery business (EFD) is also seeing improving profitability in the duopoly FD market

Direct equity inflows decline: Focus on key fundamentals, not panic

Replace underperformers with quality, well-researched stocks

Asian shares to end big central bank week with gains, Nikkei hits record

MSCI's broadest index of Asia-Pacific shares outside Japan slipped 0.3 per cent on Friday but is still set for a weekly rise of 0.5 per cent, hovering not far from its four-year tops

BEL fires growth salvo with defence orders, new contracts boost revenues

Order wins, strong pipeline, and long-term defence projects drive optimism in Bharat Electronics, with revenue growth visibility and major contracts like QRSAM and Project Kusha ahead

Urban Company makes stellar debut as shares jump 62% over issue price

Investor interest in the company was evident from its blockbuster initial public offering (IPO)