Independent market expert Sandip Sabharwal says India is facing a stagflation. He adds that the RBI has done everything it could and now the situation is about solvency which is the government’s job. The @RBI governors speech confirmed what I have been sayingIndia is in a Stagflationary Cycle.The shutdown by cutt… https://t.co/HcI8jfRqjA … [Read more...] about Tweet Buster: Stagflation, a 10-20 stock market & how to tread a choppy market
Stock market flotation
The main index of the Hochiminh Stock Exchange advanced by 6.3 points, or 0.74%, against the session earlier as gainers outnumbered losers by 218 to 145. Trade volume totaled 307.23 million shares worth VND5.87 trillion, up 1% in volume and 11% in value from the previous session. Block deals contributed VND1.4 trillion to the total value. … [Read more...] about Strong cash flow drives stock market up
MUMBAI: Indian equity, currency, commodity and bond markets will be closed for trading on Monday, on account of Eid-Ul-Fitr. US markets also will be closed on Monday for the Memorial Day. In the week ahead, Indian market will continue to focus on the pace of spread of coronavirus infections, and investors eagerly await a roadmap on lifting or extension of lockdown which is currently scheduled up to May 31. A section of the market is also hoping for more stimulus measures from the government after the last set of measures failed to excite the Street. The GDP data for the March quarter, which is due on May 29 will provide some cues on the extent of the early damage to the lockdown which started in the second half of March. Corporate earnings of companies such as Housing Development Finance Corporation (HDFC), Dabur, Ceat, Lupin, TVS Motor, Equitas Holdings will be closely watched. “The market is feeding off expectations, expectations of more boosters from the government and … [Read more...] about Is the stock market open for trading today?
The act requires companies listed on US stock markets to certify that "they are not owned or controlled by a foreign government", and submit their audits for inspection by the Public Company Accounting Oversight Board, the nonprofit body that oversees the audits of all US companies seeking to raise money in the markets. And it stipulates that failure to provide the information for three consecutive years will lead to delisting. … [Read more...] about Political virus looks set to infect US stock markets: China Daily editorial
Capital focused on leading companies in the retail, real estate, consumer, banking and financial sectors, lifting 16 of the 30 largest stocks by market value and trading liquidity in the large-cap basket. … [Read more...] about VN market up as large-caps gain further
Barclays was fined £1.5bn by five regulators, including a record £284m by the UK’s Financial Conduct Authority. The FCA will hand its fine to the chancellor, George Osborne. Yet Barclays’ stock market value rose by £1.5bn as a result of a 3% rise in its share price amid relief the fine was not even larger. RBS’s shares also rose 1.8%. The increases came even though the regulators said there could be more fines to come. … [Read more...] about Banks hit by record fine for rigging forex markets