Stocks

Bloomberg First they lost money. Now hedge funds want clients to risk even more cash on the bets that caused the pain. LMR Partners, Citadel, Baupost Group and Capital Four Management are trying to persuade clients to inject money into their funds after taking a hit in the coronavirus-fuelled market turmoil. Capula Investment Management has had talks with some investors …

Bloomberg Taiwan’s timing on rolling out a new stock trading system could have been better. Traders in Taipei starting on Monday will be able to trade stocks continuously, rather than through a five-second matched call auction that has been in place since 2014. It’s the only major capital market which runs such auctions throughout regular trading, said the Taiwan Stock …

Bloomberg US equity futures declined along with European stocks on Wednesday, retracing moves from a day earlier while bonds slumped as traders weigh the impact of fiscal and monetary stimulus to counter the effect of the coronavirus. Oil dropped to a 17-year low. Contracts for the S&P 500 once again hit their lower trading curbs after the gauge jumped 6% …

Bloomberg Indian equities declined anew, with the benchmark index tumbling to a three-year low, as worries mounted that the world’s second-most populous nation could become the next global hotspot for coronavirus infections, further damaging an already fragile economy. The S&P BSE Sensex slumped 5.6% to 28,869.51 to its lowest level since March 2017, marking a third straight session that ended …

Bloomberg US equity futures fluctuated on Tuesday and European stocks dropped as investors struggled to find their feet after the biggest plunge on Wall Street since 1987. The dollar jumped, while Treasuries retreated with gold. It was another day of volatility, with contracts on American share gauges at one point rising by their daily limits in the wake of the …

Bloomberg India’s benchmark stock index closed negative, reversing gains, after the country’s central bank announced a currency swap and measures to boost liquidity but held back from following global peers with an emergency rate cut. The S&P BSE Sensex fell 2.6% to 30,579 as of the 3:30 pm close in Mumbai on Tuesday after dropping as much as 3.2% and …

Bloomberg Indonesian stocks slumped on Tuesday, triggering a trading halt for the third time in a week. The Jakarta Composite Index ended the day down 5% to its lowest level since January 2016. A total of $356 million in equity value changed hands as of the time of the market suspension , Laksono Widodo, director of trading and membership at …

Bloomberg US equity futures tumbled by their limits and Treasuries surged at the start of what’s set to be another volatile week, with investors responding to the rapidly escalating economic hit from the coronavirus and a massive emergency move by the Federal Reserve to ease lending. Contracts on the S&P 500, Nasdaq 100 and Dow Jones Industrial Average all sank …

Bloomberg India’s benchmark stock index slumped to its lowest since September 2017 after entering a bear market last week amid concern that the novel coronavirus outbreak may threaten the nation’s already fragile economy. The S&P BSE Sensex fell 8% to 31,390.07 in Mumbai, with all 30 members declining, following a wild session last week, when the gauge swung to end …

Bloomberg Zimbabwean Finance Minister Mthuli Ncube restricted trading in three companies’ stocks to try and halt a rout of the nation’s currency. The measure to limit trading of dual-listed shares Old Mutual Ltd, PPC Ltd and Seed Co will be in place for a year, Ncube said in a Government Gazette. The order doesn’t have any impact on the settlement …