Archive for the February 2, 2019
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Thin trading activity was seen on the cotton market on Friday as both buyers and sellers adopted cautious attitudes toward new deals, dealers said. The official spot rate was unchanged at Rs 8,700, they added.
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China's benchmark iron ore futures extended gains on Thursday to hit their highest in nearly 17 months, supported by concerns over supply disruptions in the wake of a mining disaster in Brazil. But prices of
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Chinese shares rose ahead of the week-long Lunar New Year holidays, as Beijing and Washington progressed with trade negotiations, with investors shaking off worries about further econmoic slowdown for now. At the close, the Shanghai
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US stocks edged higher on Friday after solid gains in January, as stronger-than-expected jobs data eased concerns about a slowdown, although disappointing outlook from e-commerce giant Amazon capped gains. The S&P 500 closed out its
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Wall Street ascended on Thursday, with the S&P 500 wrapping up its biggest monthly increase since 2015 after strong earnings from Facebook Inc added to optimism after the Federal Reserve's dovish remarks. Facebook jumped 10.82
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Hong Kong stocks ended flat in lacklustre session on Friday, as optimism from the Sino-US trade talks were offset by a drop in index-heavy real estate and financial shares. At the close of trade, the
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Philippine shares rose 1.7 percent on Friday, helped by foreign investor buying and as the latest round of Sino-US trade talks kept hopes of a comprehensive trade deal alive, while Indonesian stocks shed earlier gains
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Indian shares ended higher on Friday, after the government announced higher rural spending as well as tax exemptions in its last budget before the general elections due by May. Shares of India's Vedanta Ltd slumped
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Tokyo's benchmark Nikkei index ended flat on Friday as investors sought fresh trading clues and watched individual corporate earnings reports. The Nikkei 225 index closed up just 0.07 percent or 14.90 points at 20,788.39, while
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Wirecard on Friday denied allegations of financial irregularities after a second investigative report in three days by the Financial Times sent shares in the German payments company down by 28 percent. Friday's price plunge, which
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