New Delhi, July 24 (IANS) Global crude oil prices remained elevated on Friday, with trading above the $100-per-barrel mark amid escalating geopolitical tensions in the Gulf, raising concerns over global energy supplies.International benchmark Brent crude rose 0.43 per cent or 44 cents to remain above the $100-a-barrel level, while US West Texas Intermediate (WTI) crude gained 0.69 per cent or 64 cents to $92.83 a barrel.In the domestic market, crude oil futures for August delivery on the Multi C…
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Mumbai, July 24 (IANS) Domestic equity markets opened lower on Friday, with benchmark indices declining almost 1 per cent each amid heightened global uncertainty and a surge in crude oil prices, with Brent crude crossing the $100-per-barrel mark.Sensex opened 683.20 points or 0.89 per cent lower at 75,708.19, while Nifty declined 203.25 points or 0.85 per cent to 23,666.35.All sectoral indices traded in the red, with realty, metal and financial stocks witnessing the sharpest declines.Nifty Realt…
Mumbai, July 23 (IANS) Domestic equity benchmarks opened lower on Thursday amid weak global cues and rising geopolitical tensions in West Asia.Sensex opened at 76,515.10, down 239.95 points or 0.31 per cent, while Nifty started the session at 23,904.80, slipping 91.45 points or 0.38 per cent.Sector-wise, Nifty Oil & Gas was the worst performer, declining nearly 1 per cent. It was followed by Nifty Pharma, Nifty Realty, Nifty PSU Bank, Nifty 500 Healthcare, Nifty Cement and Nifty Private Bank…
Mumbai, July 15 (IANS) Indian equity benchmark indices opened higher on Wednesday amid positive global cues after gains across Wall Street and Asian markets.Sensex opened at 77,192.76, up more than 100 points or 0.18 per cent, while Nifty started the session at 24,085.85, gaining 33.80 points or 0.14 per cent.Sector-wise, financial and banking stocks led the gains in early trade, while information technology shares remained under pressure.Nifty Financial Services Ex-Bank emerged as the top gaine…
Seoul, July 13 (IANS) Seoul shares plunged 9 per cent on Monday as investors dumped technology stocks for profit-taking amid renewed tensions in the Middle East. The Korean won fell against the US dollar.The benchmark Korea Composite Stock Price Index (KOSPI) fell 669.01 points, or 8.95 percent, to close at 6,806.93 after falling as low as 6,783.43, reports Yonhap news agency.Trade volume was moderate at 469.86 million shares worth 39.8 trillion won (US$26.5 billion), with decliners far outnumbe…
Seoul, July 13 (IANS) Seoul shares extended losses late on Monday morning, led by falls in chipmakers, bucking gains on Wall Street, as renewed tensions in the Middle East weighed on investor sentiment.After opening 0.85 percent lower, the benchmark Korea Composite Stock Price Index (KOSPI) extended losses, falling 392.53 points, or 5.25 percent, to 7,083.41 as of 11:20 am, reports Yonhap news agency.The decline came as the United States and Iran exchanged fresh strikes over the status of the St…
Seoul, July 9 (IANS) Seoul shares trimmed earlier gains late Thursday morning on retail selling, though institutions and foreigners bought bargain-priced chip stocks following the recent massive sell-off.After opening 3.3 percent higher, the benchmark Korea Composite Stock Price Index (KOSPI) erased its earlier gains and moved up 150.61 points, or 2.08 percent from the day before, to 7,397.40 as of 11:20 am, reports Yonhap news agency.Despite the gains, investors remain concerned about renewed g…
Washington, July 7 (IANS) America’s two biggest stock exchanges, the New York Stock Exchange and Nasdaq, joined together for the first time to ring the opening bell, using the unprecedented ceremony at the White House to mark the launch of President Donald Trump’s Trump Accounts investment programme for children.The event brought together senior executives from both exchanges, a collaboration that President Trump described as unprecedented.”First time we’ve ever had the New York Stock Exchange a…
Washington, July 7 (IANS) Some of America’s biggest corporations and financial institutions lined up behind President Donald Trump’s newly launched Trump Accounts programme, pledging financial support and describing it as an initiative that could broaden wealth creation for future generations.The White House event brought together executives from Wall Street, Silicon Valley and major American corporations, signalling rare public backing from business leaders for a government-backed investment pr…
Washington, July 6 (IANS) US President Donald Trump on Monday officially launched the “Trump Accounts”, a new investment programme aimed at giving American children an early financial stake in the country’s economy, describing it as one of the most significant initiatives of his presidency.Speaking at the White House during what organisers described as the first joint opening bell ceremony involving the New York Stock Exchange and Nasdaq, Trump said the accounts would allow children to accumulat…