South Korea’s Kospi index plunges 4.2%, leading losses in Asian stocks that are down for third consecutive day
The South Korean won edged higher on Wednesday post sliding to its weakest since 2009 in the previous session.
admin
Sedemac Mechatronics IPO: Analysts cautious on valuations as issue opens today
Ahead of the issue opening, Sedemac Mechatronics raised ₹325.88 crore from anchor investors. Participants in the anchor book included Goldman Sachs, Abu Dhabi Investment Authority, 3P Investment Managers, WhiteOak Capital and Pinebridge Global Funds.
Urban Company shares slide below IPO price after 50% fall from post-listing high
On March 17, Urban Company will see 940.9 million shares or 66% of its outstanding equity open up for trade. At the present market price, these shares are worth ₹9,642 crore.
US-Israel-Iran war: Asia’s commodity markets under pressure amid Middle East conflict
Moody’s Analytics warns Middle East conflict may hurt Asia’s energy importers like Japan, South Korea, Taiwan, Singapore, and Hong Kong due to rising oil prices.
Gold, silver ETFs climb up to 7%: What’s behind the surge
Tata Silver ETF surged over 7% as ICICI Prudential Silver ETF, SBI Silver ETF, and Nippon India Silver ETF rose 6% amid West Asia tensions and US-Israel strikes on Iran.
IRFC shares slip below the ₹100 mark for the first time since January 2024 as sell-off extends
The government still has to sell an additional 9.6% stake in IRFC in order to be compliant with the Minimum Public Shareholding norms.
Eternal shares decline for 10th day in record losing streak; Bernstein says ‘good buying opportunity’
The last time shares of Eternal recorded their longest losing streak between April 27, 2022 to May 10, 2022, declining for nine-straight sessions.
The Donald Trump guarantee that may have triggered a 800-point recovery on Wall Street
US President Donald Trump declared that he has asked the United Stated Development Finance Corporation (DFC) to provide, at a very reasonable price, risk insurance and guarantees for the financial security of all maritime trade, especially energy, travelling through the…
US-Iran War: Market veterans flag near-term volatility, see buying opportunities
On India, Christopher Wood of Jefferies says foreign institutional investors could return if the semiconductor trade peaks and triggers a sell-off in markets such as Korea and Taiwan.
Biocon acquires OCRPS of Biocon Biosphere, Biocon Pharma for ₹315 crore
Shares of Biocon Ltd ended at ₹389.90, up by ₹0.15, or 0.038%, on the BSE.