Asian Stocks, Us Futures Fall On Ukraine Tension, Rate Hike Concerns

Asian stock markets fell on Tuesday amid concerns over the situation in Ukraine and tighter monetary policy globally. U.S. markets closed lower on the last trading day of 2022, booking their worst performance since the financial crisis of 2008. With Friday’s losses, the S&P 500 declined 19% in 2022, while the Nasdaq Composite fell 33% and stands at the same level as July 2020.

More buying means more demand and the result is higher movement of stocks and indices.

E) Trading / Trading in “Options” based on recommendations from unauthorised / unregistered investment advisors and influencers. Among banking stocks, the advance-decline ratio was evenly split on December 30. IDFC First Bank (+3.6%) and Punjab National Bank (+1.9%) advanced the most, while ICICI Bank (-1.8%) and AU Small Finance Bank (-1.6%) were the laggards. Bilibili chose Southeast Asia as its first foreign destination due to users loving ACG in the region and a lack of video sharing platforms. The director of the Star department in Southeast Asia directly reports to the company’s CEO, Chen Rui, which reflects the importance of the Southeast Asian market. RSS feed is a XML file that provides summaries, including links to the full versions of the content.It is available through RSS feed reader or through some browsers.

Daily Voice | This research head sees global funds rushing in for Indian equities in 2023

When Friday’s closing bell rang, the Dow Jones slipped 0.2% and ended at 33,147, while S&P 500 declined 0.2% and closed the day at 3,839. The tech-focused Nasdaq Composite lost 0.1% and ended the day flat at 10,466. As a company listed on both the Hong Kong Stock Exchange and the Nasdaq, Bilibili reported 5.79 billion yuan in revenue for the third quarter of this year, up 11% year-on-year. Its net loss was 1.7 billion yuan, compared with 2.7 billion yuan for the same period in 2021.

While markets have for a while priced in an eventual U.S. easing, they were badly wrong-footed by the Bank of Japan’s shock upward shift in its ceiling for bond yields. Nifty on Friday settled below the 18,900 level and recorded its first fall in nine sessions. The 50-pack index negated its higher high-low and formed a bearish candle on the daily chart. On the weekly scale, the index formed a bullish candle but with a long wick, suggesting selling at higher levels. Nifty futures on the Singapore Exchange quoted 47.50 points, or 0.25 per cent, higher at 18,872, hinting at a positive start for the domestic market on Monday. India’s goods and services tax collection almost hit ₹1.5 lakh crore in December, rising 15% from a year earlier, starting the new year on a strong note and indicating economic resilience amid a deepening global slowdown.

• Asian Paints also entered into a definite agreement for acquiring 49% stake in Obgenix Software, commonly known as White Teak.
• As a company listed on both the Hong Kong Stock Exchange and the Nasdaq, Bilibili reported 5.79 billion yuan in revenue for the third quarter of this year, up 11% year-on-year.
• Nifty on Friday settled below the 18,900 level and recorded its first fall in nine sessions.
• European stocks opened higher, with London up 0.5 percent as markets shrugged off Asian losses and virus concerns.

Watershed management and community outreach programs thus making more water available for the communities than what we consume every year. Asian Paints along with its subsidiaries have operations in 15 countries across the world with 27 paint manufacturing facilities, servicing consumers in over 60 countries. The company offers ‘Viroprotek’ range of hand, Surface and space sanitizers and disinfectants. It is also offering ‘San Assure’ a sanitization service and ‘Safe Painting’ service for its customers. In the Home Improvement and Décor category, the company is present in the Kitchen and Bath fittings space and offers various products under Sleek and Ess Ess brand respectively.

TRENDING NEWS

“The environment in Asia equities is one of several pivots happening,” said Frank Benzimra, head of Asia equity strategy at Societe Generale SA, adding that he expects a rebound in earnings to take place from the second quarter. The tide is expected to turn for Asian equities after two dismal years. B) Trading in leveraged products /derivatives like Options without proper understanding, which could lead to losses.

Yields on benchmark 10 year notes were at 1.76 percent, steady on the day, having finished a choppy day of trading Monday near where they started. «But on the upside, valuations are becoming more attractive and earnings growth are still robust for some sectors. So I think we will see a tug of war in the market for this week,» Casanova https://1investing.in/ said. Regional stocks could climb 9% through the end of next year, according to the average of 11 estimates in a Bloomberg-compiled survey of strategists. Most of the negatives that have weighed on Asia — from a supercharged dollar, China’s Covid lockdowns, and a chip downcycle — are fading, leading to better earnings prospects.

Companies whose business is that of holding equity and other investments (e.g. Investment Trusts). Free float restrictions apply to all stocks, but the stock has to have at least 15% of the shares being traded on the exchange at any given time. The securities must have a turnover of at least 0.05% of their shares in the market based on a median daily trade per month in ten of the twelve months of the year.

Setting goals and objectives on safety, health and wellbeing and review these periodically to ensure that these are being met. Ensure that each employee including contractors and visitors comply with all safety rules and regulations framed for the operation. Conduct risk assessments, safety audits and safety inspections at prescribed frequency and take all remedial measures to eliminate hazards and reduce occupational health and safety risks, arising out of operations. Provide safe and healthy working conditions for the prevention of work-related injury and ill health of employees and service providers. Comply with the applicable Safety Manual to achieve its safety, health and wellbeing objectives. Comply with all applicable health and safety statutory regulations.

Most Searched Stocks

The Shanghai Stock Exchange is a Chinese stock exchange or bourse based in the city of Shanghai. It is one of the three stock exchanges operating independently in the People’s Republic of China. The other two are the Shenzhen Stock Exchange and the Hong Kong Stock Exchange. But the contrast to the Hong Kong Stock Exchange, the Shanghai Stock Exchange is still not entirely open to foreign investors due to tight capital account controls exercised by the Chinese mainland authorities. Both these stock exchanges abide by the US Stock Market trading hours given below.

The US stock market’s first trading day will, therefore, be on January 3, 2023. All classes of the ordinary shares in issue the exchange are eligible for inclusion in the STI. Convertible preference shares and loan stocks are excluded until converted.

We operate in 15 countries and have 26 paint manufacturing facilities in the world, servicing consumers in over 65 countries. The approach would include providing support and infrastructure at each stage of water conservation, water preservation, water re-charge and waste-water treatment. The tide is expected to turn for Asian equities after two dismal years, with China’s economic reopening and a potentially weaker dollar set to drive their outperformance in 2023. As per options data and OI analysis, the broad range for the Bank Nifty is between 42,000 and 44,000 levels.

SGX Nifty down 110 points; here’s what changed for market while you were sleeping

In the Sensex pack, Tata Steel, Bajaj Finserv and Infosys were the top losers, falling about 1%. TCS, HCL Tech, Wipro, Tech Mahindra and Tata Motors also opened with cuts. On the other hand, Power Grid, NTPC, Titan, IndusInd Bank, M&M and Asian Paints witnessed some gains. The second-largest US Stock Market is also the world’s 2nd-largest exchange. It is owned by Nasdaq, Inc. and is located at One Liberty Plaza in New York City. If the FIIs or for that matter any institutions buy heavily pumping in more money the stocks will go higher i.

Rising yields had helped the dollar to gain earlier in the week, although on Friday the dollar index remained largely flat against a basket of six major currencies. «The main divergence in equity market performance between the U.S. and Greater China can be attributed to a bifurcation in monetary policies,» said David Chao, global market strategist for Asia Pacific (ex-Japan) at Invesco. Oil prices ticked up on thin trade on Tuesday, on concerns that winter storms across the United States are affecting logistics and production of petroleum products and shale oil. Stocks on Wall Street capped a quiet day of trading with more losses Friday, as benchmark indices closed the book on the worst year for the S&P 500 since 2008.

On the other hand, 42,500 and 43,400 are the critical levels to watch for the current week. After a gap-up start, the Bank Nifty index remained under pressure roe vs roa throughout the day and faced selling pressure around 43,500-mark. It fell more than half a percent and closed below the psychologically crucial 43,000 level.

In times of economic challenges like depressions and recessions, stock exchanges will suffer. In the past, there have been several ‘market crashes‘in the United States and comparable economies. Asian shares stalled and oil prices slid on Monday as coronavirus lockdown in Shanghai looked set to hit global activity, while throwing another wrench into supply chains that could add to inflationary pressures. Shares advanced on Thursday in Asia after benchmarks closed at three-month highs on Wall Street as investors cheered a report showing inflation cooled more than expected in July.