Stocks

Bloomberg Indian stocks were little changed as investors watched for signs that a record-breaking rally could broaden out beyond a handful of large companies. The S&P BSE Sensex fell 0.04% to 41,588 at the close in Mumbai. The NSE Nifty 50 Index advanced 0.1%. While the Sensex has recovered from a mid-year slump to deliver a roughly 15% return in ...

Bloomberg The African Securities Exchanges Association has started a project that will link seven bourses on the continent by the first quarter of 2021 as part of efforts to increase trading in securities. The move would enable brokers on the Casablanca Stock Exchange, the Bourse Régionale des Valeurs Mobilières in Abidjan, the Johannesburg Stock Exchange, the Nigerian Stock Exchange, the ...

Bloomberg Emerging markets are headed into 2020 on a high note even if the US-China trade talks remain a nagging risk for investors. With the new decade looming, the average yield on developing-nation local-currency bonds is close to an all-time low of 4.12%, while stocks and currencies are at their highest levels since June 2018, underscoring how expectations Washington and ...

Bloomberg Gateway Casinos & Entertainment Ltd, one of Canada’s largest gaming companies, has agreed to a deal that will create a new firm valued at about $1.1 billion. Gateway said that Leisure Acquisition Corp, a special purpose company created to make acquisitions, will merge into a new unit of GTWY Holdings, Gateway’s parent. GTWY shares are expected to be listed ...

Bloomberg It’s been a tough run for energy stocks. Oil at $100 a barrel is long gone. Investors have exited their losing positions. And energy stocks in the S&P 500 now hold a weight of barely 4%, down from over 10% at the start of the decade. As 2019 comes to a close, investor apathy in the sector is at ...

Bloomberg Coffee’s stunning rally in late 2019 took many traders and analysts by surprise, creating tension over where prices go from here. Arabica beans have surged 28% since the end of September, on pace for the best quarterly performance since 2014 and the biggest gain among major commodities in the last three months. The move came after futures in May ...

Bloomberg Stocks and bonds were steady across much of the world alongside US equity futures with trading muted on Christmas Eve. Treasuries nudged higher with the dollar. Shares fluctuated in London and Paris, while they edged lower in Madrid. Markets in Germany and other parts of Europe were closed. Equities ended little changed in Tokyo and Sydney on thin volume, ...

Bloomberg NTPC Ltd is the world’s most-loved power producer by equity analysts, and yet the shares of India’s largest utility are trading near a 10-month low. What gives? The New Delhi-based company is the top rated stock among the world’s largest utilities, with a recommendation consensus of 4.9 on a Bloomberg scale where 5 is a unanimous buy. Analysts expect ...

Bloomberg Stocks in Europe edged higher on Monday along with US equity-index futures, with volumes subdued as investors count down to the holiday break. Ten-year Treasuries and the dollar were steady. Healthcare stocks led the modest advance on the Stoxx Europe 600 index after Friday’s record-high close. Contracts on the S&P 500 climbed after the underlying index logged its biggest ...

Bloomberg China’s benchmark stock gauge suffered its first drop of more than 1% in six weeks after a state-backed fund said it would reduce its stakes in some tech companies. The Shanghai Composite Index closed down 1.4% on Monday, its biggest decline since November 11. The CSI 300 Index slumped 1.3%, its fourth consecutive retreat, with technology-related shares leading the ...