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Berita Valas
European Shares Likely To Open On Cautious Note; Micron Earnings Eyed
European stocks are seen opening flat to slightly lower on Wednesday as investors fret over chip stock valuations and the future administration of the Strait of Hormuz.
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79 days ago
Indian Shares Modestly Higher In Cautious Trade
Indian shares were a tad higher in early trade on Wednesday despite mostly negative cues from global markets on doubts over the sustainability of the AI boom.
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79 days ago
Australian Market Trims Early Gains In Mid-market
The Australian stock market is trimming its early gains in mid-market moves on Wednesday, snapping a four-session losing streak, with the benchmark S&P/ASX 200 moving up to near the 8,800 level, despite the broadly negative cues from Wall Street overnight, with weakness in mining and energy stocks partially offset by gains in technology stocks.
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79 days ago
Asian Markets Trade Mixed
Asian stock markets are trading mixed on Wednesday, following the broadly negative cues from Wall Street overnight, as the U.S.-Iran peace agreement to end the Middle East war and the opening of the Strait of Hormuz helped ease regional tensions and saw the oil-linked energy sector tumbling. The slip in gold-linked materials sectors due to high U.S. interest rate concerns pulled down the markets.
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79 days ago
Indian Shares Seen Muted As Global Tech-selloff Intensifies
Indian shares are likely to open on a muted note Wednesday, mirroring weak cues from global markets as investors react to a fundamental shift in the AI and earnings narrative.
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79 days ago
Japanese Market Notably Lower
The Japanese stock market is trading notably lower on Wednesday, extending the strong losses in the previous session, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling well below the 69,450 level, with weakness in financial stocks partially offset by gains in automakers stocks. All other sectors are trading mixed.
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79 days ago
Australian Market Modestly Higher
Australian shares are trading modestly higher on Wednesday, snapping a four-session losing streak, with the benchmark S&P/ASX 200 moving above the 8,800 level, following the broadly negative cues from Wall Street overnight, with weakness in mining and energy stocks partially offset by gains in technology stocks.
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79 days ago
more news
U.S. Dollar Advances Amid Looming High U.S. Interest-Rate Concerns
The U.S. Dollar value edged higher for the fourth consecutive session as concerns of a high interest rate in the near term overshadowed the progress in U.S.-Iran talks and the resumption of shipping traffic across the Strait of Hormuz.
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79 days ago
Canadian Market Recovers From Early Setback
After a weak start and a subsequent sharp drop, the Canadian market recovered and pared most of its losses on Tuesday thanks to strong buying in consumer staples and communications stocks. Materials stocks tumbled, even as stocks from technology, energy and consumer discretionary sectors recovered well from early lows.
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79 days ago
Swiss Market Ends On Firm Note Again
Despite struggling for direction till about a couple of hours past noon, the Switzerland stock market closed on a firm note on Tuesday, bucking the largely weak trend across Europe.
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79 days ago
European Markets Close Lower On Rate Concerns, Weak Regional PMI Data
European markets closed weak on Tuesday, weighed down by concerns about valuations of tech stocks amid skepticism over spending in AI infrastructure, and fears of possible interest rate hikes by the Federal Reserve. Weak regional PMI data hurt as well.
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79 days ago
U.K. Private Sector Shrinks For Second Month
The UK private sector contracted for the second straight month in June due to the sustained weakness in the services sector, flash results of the purchasing managers' survey by S&P Global showed Tuesday. The flash composite output index dropped to a 14-month low of 49.4 in June from 49.7 in the previous month.
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79 days ago
Bay Street Likely To Open On Weak Note
Weak Canadian and U.S. futures, and lower commodity prices point to a weak start for Canadian stocks on Tuesday.
Fears of rate hikes by the Federal Reserve and a few other major central banks may also render the mood cautious, forcing investors to refrain from indulging in significant buying.
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79 days ago
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