News Overview

On 30 December 2022

On 31 December 2022

At 82.3600 per Dollar

Copper extends gains near three and half week highs on Friday and is set for a weekly gain of nearly 1% as copper stocks are seen falling steadily. Easing Covid restrictions in China also supported the red metal by raising hopes of improved demand. Meanwhile, copper also tracked equities higher. Asian stocks ended broadly higher on Friday as investors braced for key U.S. inflation data […]

COMEX Copper futures steadied around their three week highs today amid supportive global equities. Asian stocks edged up. Chinas Shanghai Composite index added 0.30% while Hong Kongs Hang Seng index jumped 2.30%. Japans Nikkei 225 index gained 1.18%. European markets continue to see a very tight action ahead of weekend. The US stocks moved mostly higher during trading on Thursday. The Dow rose 0.60% as […]

The key equity indices settled lower on Friday, dragged by weakness in IT stocks. The Nifty closed below the 18,500 level after hitting the days high of 18,664.70 in early trade. PSU banks and realty stocks also witnessed profit selling. On the other hand, FMCG, pharma and healthcare stocks bucked the trend. The barometer index, the S&P BSE Sensex, declined 389.01 points or 0.62% to […]

The Singapore stock market finished session higher on Friday, 09 December 2022, extending yesterday rally, as investors took heart from overnight rally on Wall Street and on expectations Chinas economy would strengthen as authorities unwind COVID-19 curbs. At closing bell, the Straits Times Index (STI) index was up 9.89 points or 0.31% to 3,245.97 after trading between 3,235.82 and 3,248.03. Volume was 1.31 billion shares […]

Mainland China share market finished session modestly higher on Friday, 09 December 2022, on expectations Chinas economy would strengthen as authorities unwind COVID-19 curbs, with shares in consumer, realty, and healthcare sectors led rally. At close of trade, the benchmark Shanghai Composite Index advanced 0.27%, or 8.49 points, to 3,205.84. The Shenzhen Composite Index, which tracks stocks on Chinas second exchange, added 0.46%, or 9.56 […]

The Indian rupee extended gains against the dollar on Friday tracking the weakening of the American currency in the overseas market. INR appreciated by 10 paise to close at 82.28 (provisional) against the US dollar. However, muted domestic equities and foreign fund outflows weighed on investor sentiments and restricted the gains. At the interbank foreign exchange market, the local unit opened at 82.30 and touched […]

Hong Kong share market finished higher for second session in row on Friday, 09 December 2022, as investors took heart from overnight rally on Wall Street and on expectations Chinas economy would strengthen as authorities unwind COVID-19 curbs. At closing bell, the benchmark Hang Seng Index advanced 450.64 points, or 2.32%, to 19,900.87. The Hang Seng China Enterprises Index was up 167.44 points, or 2.51%, […]