Stock Market

Overseas investors grow pessimistic on Japanese equities following sharp sell-off: impact on Indonesia’s economy

Indonesia · Aug 13, 2024

This development has notable implications for Indonesia’s economic landscape. As a regional economic player, Indonesia's financial markets and investment climate are intertwined with broader Asian market trends, including those in Japan. The retreat of overseas investors from Japanese equities could signal a broader shift in regional investment patterns, potentially affecting Indonesian markets and its attractiveness as an investment destination.

By Ishita Agarwal

Dividend stocks: key companies set to trade Ex-Dividend next week

India · Aug 10, 2024

Starting August 12, 2024, shares of key companies like ICICI Bank and NHPC will trade ex-dividend, affecting their stock prices and upcoming dividend payouts. The list extends through Wednesday with additional notable stocks. Investors must hold shares before these dates to receive dividends.

By Khushi Jain

Fed’s Goolsbee emphasizes data-driven decision-making over political or market influences

Features · Aug 9, 2024

Goolsbee emphasized that the central bank's primary focus is on key economic metrics such as inflation, employment, and overall economic growth.

By Garima Singla

Ola Electric Mobility shares surge on debut, hit 20% upper circuit

India · Aug 9, 2024

Ola Electric Mobility’s IPO saw a strong debut, with shares hitting the 20% upper circuit limit and closing at Rs 91.18, a significant rise from the issue price of Rs 76. The issue was oversubscribed 4.27 times, raising Rs 6,146 crore.

By Khushi Jain

Interarch Building Products set to launch IPO next week

India · Aug 9, 2024

Interarch Building Products saw a remarkable 375.54% surge in profit after tax for fiscal year 2023, reaching Rs 81.46 crore, compared to Rs 17.13 crore the previous year. This was primarily driven by increased revenue from pre-engineered building contracts and product sales, reflecting the company's strong market position.

By Khushi Jain

Winding-Up petition hearing against Shimao Group further adjourned

Singapore · Aug 8, 2024

Shimao Group’s shares closed over 6% higher on Thursday, despite the adjournment of a winding-up petition hearing to December 16. The petition, filed by China Construction Bank (Asia) for HK$1.58 billion in debts, reflects ongoing financial challenges for the property developer and its efforts to address these issues.

By Khushi Jain

FirstCry IPO sees 30% subscription on second day of bidding, retail portion fully booked

India · Aug 7, 2024

Retail investors have fully subscribed to their allotted quota, while non-institutional and qualified institutional buyers have shown lukewarm interest. The company has raised ₹1,886 crore from anchor investors and plans to use the funds for store expansion, technology, and marketing.

By Khushi Jain

SEBI’s new Finfluencer rules: A double-edged sword?

India · Aug 7, 2024

There has been a lot of interest among finfluencers to register themselves after the regulator cracked down on unregistered entities and has asked registered entities to restrict their association with unregistered entities.

By Khushi Jain

FIIs offload Rs 3,531 crore in shares while DIIs invest Rs 3,357 crore

India · Aug 6, 2024

Domestic Institutional Investors (DIIs) were net buyers of shares worth Rs 3,357 crore, while Foreign Institutional Investors (FIIs) were net sellers, offloading shares worth Rs 3,531 crore. The Sensex and Nifty closed lower amid sector-specific movements and mixed market sentiments.

By Khushi Jain

New Oriental Education & Technology expands share buyback program

Singapore · Aug 6, 2024

Shares of New Oriental Education & Technology surged nearly 11% following the announcement of the expanded $700 million share repurchase program. The new mandate allows for the buyback of additional shares until May 2025.

By Khushi Jain

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Latest Articles

Overseas investors grow pessimistic on Japanese equities following sharp sell-off: impact on Indonesia’s economy

Dividend stocks: key companies set to trade Ex-Dividend next week

Fed’s Goolsbee emphasizes data-driven decision-making over political or market influences

Ola Electric Mobility shares surge on debut, hit 20% upper circuit

Interarch Building Products set to launch IPO next week

Winding-Up petition hearing against Shimao Group further adjourned

FirstCry IPO sees 30% subscription on second day of bidding, retail portion fully booked

SEBI’s new Finfluencer rules: A double-edged sword?

FIIs offload Rs 3,531 crore in shares while DIIs invest Rs 3,357 crore

New Oriental Education & Technology expands share buyback program