The key equity barometers ended with small losses after a volatile session on Wednesday, extending its losing streak to fourth session. The Nifty closed below the 15,700 level after hitting a high of 15,783.65 in early afternoon trade. Auto, financials, and pharma stocks advanced while metal, oil & gas, and realty stocks declined. The barometer index, the S&P BSE Sensex, declined 152.18 points or 0.29% […]
Australian share market finished lower for fourth session on Wednesday, 15 June 2022, as strong risk-averse mood after RBA Governor Philip Lowe warned that inflation could reach 7 percent by the end of the year before easing. Meanwhile, market sentiments also weighed down on caution ahead of U.S. Federal Reserve policy decision later in the day that could see a much more hawkish shift. At […]
COMEX Copper stayed well supported on a modest recovery in Chinese industrial production. China industrial production saw a mild recovery in May. According to the National Bureau of Statistics, industrial production rose 0.7% on a yearly basis in May, reversing the 2.9% fall in April. This kept Copper on a slightly elevated path though the overall mood remained cautious ahead of the US Fed meeting […]
Mainland China share market finished session higher on Wednesday, 15 June 2022, as better-than-expected domestic economic data supported market sentiments. The worlds second-largest economy showed signs of recovery in May as industrial production rose unexpectedly, while retail sales fell less than expected in the month and fixed asset investment for the January to May period topped expectations due to the relaxation of pandemic-related restrictions, data […]
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