News Overview

After deliberations, the Board considered and approved the proposal for fundraising through the issue of Non-Convertible Debentures.

The German economy expanded 0.4% quarter-on-quarter in Q3 2022, slightly better than a 0.3% rise in the first estimate and following a 0.1% growth in Q2. The GDP increased, as had been the case in the first two quarters (+0.8% and +0.1%, respectively), despite difficult general conditions in the global economy such as the continuing Covid-19 pandemic, delivery bottlenecks, continuing price rises and the war […]

The US dollar index eased after recent gains as thin holiday trades capped major advances. The dollar index has slipped near one week low of 105.70 mark amid broadly supportive risk undertone and lack of major economic releases this week. Dollar index had hit one week high of 108 before correcting.Powered by Commodity Insights

Utilties stocks were trading in red, with the S&P BSE Utilities index falling 9.81 points or 0.26% at 3770.57 at 13:45 IST.

German consumer confidence is set to rise moderately in December, survey results from the market research group GfK showed on Friday. The forward-looking consumer confidence index rose to -40.2 in December from -41.9 in November. The reading was expected to improve to -39.6. Both economic and income expectations increased moderately in November. The economic expectations indicator climbed 4.3 points to -17.9 in November. The income […]

Power stocks were trading in the negative zone, with the S&P BSE Power index falling 24.67 points or 0.54% at 4582.98 at 13:45 IST.

Banking stocks were trading with losses, with the S&P BSE BANKEX index decreasing 159.03 points or 0.32% at 49019.71 at 13:45 IST.

PDS has announced the certification of its Sri Lanka- based subsidiary- Norlanka Manufacturing (Norlanka) as a Great Place to Work by Great Place to Work? (GPTW), Sri Lanka. This certification for Norlanka is a testament to the people policies and culture of the organization, making it an Employer of Choice.Powered by Capital Market – Live News

Japan share market finished session lower on Friday, 25 November 2022, as investors opted to book profit made in the previous two sessions, after data showing core consumer prices in Tokyo surged to a 40-year high in November. Sentiment also dented by record daily coronavirus cases in China. At closing bell, the 225-issue Nikkei Stock Average index fell 100.06 points, or 0.35%, to 28,283.03. The […]

with effect from 24 November 2022