News Overview

Reported sales nil

The UK economy contracted for the first time since early 2021 in the third quarter, first estimate from the Office for National Statistics showed on Friday. Gross domestic product shrank 0.2 percent sequentially, offsetting the 0.2 percent gain in the second quarter. The level of quarterly GDP was 0.4 percent below its pre-coronavirus level. The production-side breakdown showed that services output remained flat in the […]

Held on 11 November 2022

Hong Kong share market finished session sharply higher on Friday, 11 November 2022, recouping losses in the previous three sessions, amid bottom fishing across the board on tracking an overnight surge on Wall Street on spurring hopes that the Federal Reserve might scale down the size of its future interest rate increases after cooler-than-expected U.S. inflation data in October. Also, boosting market sentiments was reports […]

Germanys consumer price inflation accelerated to an all-time high in October, as initially estimated, on rising energy and food prices, final data from Destatis showed on Friday. Consumer price inflation accelerated to 10.4 percent in October from 10.0 percent in September. Energy prices alone surged 43.0 percent from last year as a result of the war in Ukraine and supply bottlenecks. In turn, food prices […]

Container Corporation of Indias (CONCOR) consolidated net profit rose 19.6% to Rs 303.47 crore on 8.1% increase in net sales to Rs 1,986.34 crore in Q2 FY23 over Q2 FY22.

Omax Autos Ltd, Magnum Ventures Ltd, Campus Activewear Ltd and Hind Rectifiers Ltd are among the other losers in the BSEs B group today, 11 November 2022.

Rail Vikas Nigam (RVNL) jumped 5.39% to Rs 51.80 after the company said it was declared successful bidder in Maldives for development of UTF (Uthuru Thila Falhu- Island) Harbour Project.

With effect from 11 November 2022

Mainland China share market finished session higher on Friday, 11 November 2022, snapping three days losing streak, after Chinese health authorities eased some of the COVID-19 curbs, including shortening quarantine times for close contacts of cases and inbound travelers. Market gains also supported by spurring expectations that the Peoples Bank of China to take additional steps to boost its economy by making its biggest cash […]