Month: May 2020

The broader Topix index dropped 0.32 per cent to 1,426.73.   – Stocks-Markets-Economic Times

The Shanghai Composite index closed down 0.23 per cent at 2,871.52.   – Stocks-Markets-Economic Times

Europe’s miners and retailers, exposed to the health of the worlds No. 2 economy, led gains with a 1.5 per cent rise.   – Stocks-Markets-Economic Times

The S&P/ASX 200 index closed 0.4 per cent lower at 5,364.20 points, after shedding 0.4 per cent on Wednesday.   – Stocks-Markets-Economic Times

Amidst challenging operating environment in April, the company stands out owing to focus on exports.   – Stocks-Markets-Economic Times

The world’s largest steelmaker had posted a net income of USD 0.4 billion in the year-ago quarter, the company said in a statement. “ArcelorMittal recorded a net loss for quarter … Read More

Valuation discount to peers reflect portfolio risk and prior period underperformance (~4 per cent earnings CAGR over FY15-20), despite a strong balance sheet position.   – Stocks-Markets-Economic Times

The CEO of the private lender said the priority is also to get deposits back in the system.   – Stocks-Markets-Economic Times

The recent sharp fall in stock valuation due to the concerns regarding the promoter group and pledged share of the promoter group provides an investment opportunity in a long term … Read More

Factoring in the increased subcontracting cost, the brokerage marginally cut earnings by 1.3 per cent for FY21E.   – Stocks-Markets-Economic Times