Stocks

  Bloomberg Some shares that are part of billionaire Gautam Adani’s conglomerate took a beating as investors adjusted their holdings to reflect changes in the composition and weighings in the MSCI India Index, according to an analyst who publishes at Smartkarma. Adani Green Energy Ltd., the group’s biggest firm by market value, led the rout, plunging a record 12% in ...

  Bloomberg Stocks and US equity futures dropped, while bonds fell Tuesday as euro-zone inflation accelerated to a fresh all-time high, intensifying the debate at the European Central Bank (ECB) about how rapidly to raise interest rates. S&P 500 and Nasdaq 100 contracts slipped at least 0.3%. Europe’s Stoxx 600 Index was set to snap four days of gains, retreating from ...

  Bloomberg Global investors returned in earnest to China’s stock markets in May, erasing much of the year’s earlier outflows, as investors bet that policy support and the emergence of key cities from Covid-lockdowns will spark a revival. They added 16.9 billion yuan ($2.5 billion) of Shanghai and Shenzhen shares via trading links this month, narrowing year-to-date outflows to just ...

  Bloomberg European equities rose to the highest level in more than three weeks, trimming their monthly drop, after China relaxed some of the strictest virus controls of the pandemic, fuelling risk-on sentiment for economic recovery. The Stoxx 600 advanced 0.7% at 9:44 am in London, rising for a fourth day in the longest winning streak since March. Consumer and ...

  Bloomberg Investors should be ready for China’s stocks to outperform as potential positive catalysts loom, according to Europe’s largest asset manager Amundi. The firm is turning more bullish on the country’s equities market after trimming exposure during first quarter’s harsh selloff, according to Vincent Mortier, Amundi’s chief investment officer. Key developments to watch include the potential rollout of a ...

  Bloomberg European stocks rise, heading for their best weekly advance since mid-March as investors returned to risk assets, lured by cheaper valuations. The Stoxx Europe 600 Index added 0.6% by 9:57 am in London. Consumer and tech sectors outperformed, while utilities and energy shares lagged after the UK government announced windfall tax plans on oil and gas companies. While ...

  Bloomberg JPMorgan Chase & Co.’s hedge fund clients have returned to buying Hong Kong stocks since mid-March after continuous selling for more than a year, the Wall Street bank said in a note. In China, flows have stabilized as purchases to cover short positions were offset by a reduction in bullish wagers in the last few weeks, the US ...

  Bloomberg US equity futures were mixed and bonds gained on Thursday as traders weighed Federal Reserve minutes that struck a less hawkish note with downbeat remarks on China’s economy by Premier Li Keqiang. Contracts on the Nasdaq 100 and S&P 500 fluctuated amid mixed corporate news. Nvidia Corp. fell more than 5% in premarket trading as China’s Covid-19 lockdowns ...

Bloomberg It’s time to buy the dip in stocks, particularly in Europe and emerging markets, on their appealing valuations after a steep global selloff, according to strategists at Citigroup Inc. Strategists led by Robert Buckland said in a note that Citi’s bear market checklist is currently warning about only six out of 18 red flags, which compares with 13 red ...

  Bloomberg Hedge funds globally are bracing for nearly $20 billion of investor redemptions for the rest of 2022, even after seeing a net inflow in the first quarter, according to a report from Citco Group Ltd. Investors are already scheduled to withdraw $13.5 billion from the industry in the current quarter and another $6.3 billion the rest of the ...