Stocks

Bloomberg The Shanghai Stock Exchange said a system upgrade was behind Monday’s rare index malfunction that had earlier showed a record slide in a gauge of health-care shares. The glitch was due to a change to its index-calculation system completed over the weekend, the exchange operator said in a statement posted on its social media account. It also apologised for ...

Bloomberg Bankers are increasingly reluctant to give commodity traders in Asia the credit they need to survive as the lenders grow ever more fearful about the risk of a catastrophic default. Their anxiety has reached new heights in recent days as fabled Singapore oil trader Hin Leong Trading (Pte.) Ltd. struggles to repay debts said to amount to almost $4 ...

Bloomberg Middle Eastern stocks rose on Sunday following a rally in emerging-market assets at the end of last week as the US outlined steps to reopen its coronavirus-shuttered economy. Dubai’s DFM General Index climbed 2.6% as of 10:07 am local time, while gauges in Abu Dhabi and Kuwait advanced as much as 1.5%. MSCI Inc.’s index of developing-nation stocks strengthened ...

Bloomberg TripAdvisor Holdings Inc.’s crazy week left analysts scratching their heads about what might have caused the stock to surge as much as 2,700% in one session. The series B shares soared on unusually high volume, and the move was so inexplicable that the company issued a statement indicating it was “not aware of the reasons for the recent volatility ...

Bloomberg European stocks rose alongside US equity futures on Thursday, trimming some losses from a day earlier as investors seeking to gauge the extent of damage caused by the coronavirus await the next set of corporate earnings and economic data. The dollar extended gains. The Stoxx Europe 600 Index opened higher with all sectors and major national gauges in the ...

Bloomberg Indian stocks rose in a volatile trading session, as investors mulled the outlook for company earnings after software services provider Wipro Ltd. declined to provide guidance for the first time since 2009. The S&P BSE Sensex advanced 0.8% to 30,618.57 as of 12:56 pm in Mumbai, after swinging between a loss of as much as 1.2% and a gain ...

Bloomberg Investors are pouring money into exchange-traded funds tracking gold amid expectations of a global recession and massive stimulus from central banks and governments. BlackRock’s iShares Gold Trust, ticker IAU, took in $486 million, its largest one-day inflow on record, according to data compiled by Bloomberg. At the same time, State Street’s SPDR Gold Shares, or GLD, has seen 10 ...

Bloomberg Stocks in Europe edged lower while American equity-index futures retreated as investors scoured corporate earnings to gauge the impact of the coronavirus outbreak. The dollar ticked higher and Treasuries rose. The Stoxx Europe 600 index declined for the first time in five trading days. ASML Holding NV, a crucial supplier to Samsung Electronics Co., reported a 40% drop in ...

Bloomberg India stocks rose, with the benchmark gauge set to close in bull territory, ahead of earnings reports that may give some insight into the outlook for companies under lockdown in the world’s second-most populous country. The S&P BSE Sensex advanced 2.5% to 31,450.11 as of 10:06 am in Mumbai, while the NSE Nifty 50 Index climbed by the same ...

Bloomberg With Bitcoin trading below $7,000, technical indicators show it’s nearing a key inflection point. Based on its drop over the past week, the biggest cryptocurrency is drifting in a narrow trading band, with support at $6,500 on the downside and strong resistance at $7,000 on any potential increases. However, the GTI Vera Convergence Divergence Indicator, which measures up and ...