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Markets - Stocks - 2021-02-24
Material stocks drag TSX lower
Stocks

Material stocks drag TSX lower

  • The materials sector, which includes precious and base metals miners and fertilizer companies, lost 1.3% as gold futures fell 0.3% to $1,799 an ounce.
  • Toronto Stock Exchange's S&P/TSX composite index was down 77.04 points, or 0.42%, at 18,253.05.
Published 24 Feb, 2021 09:48pm
India's largest stock exchange reopens after telecoms glitch
Stocks

India's largest stock exchange reopens after telecoms glitch

  • The country's markets regulator said it "advised the NSE to carry out a detailed root cause analysis," asking it to explain the reasons why trading did not migrate to the disaster recovery site.
  • "At least the resumption gave some relief, otherwise it would have been a disaster."
Published 24 Feb, 2021 08:07pm
Wall Street set to open higher as tech sell-off cools
Stocks

Wall Street set to open higher as tech sell-off cools

  • Growth stocks find respite after six-day sell off.
  • Tesla up as Ark Invest buys $171 mln more shares.
  • Lowe's rises on beating estimates for Q4 same-store sales.
  • Futures up: Dow 0.06%, S&P 0.23%, Nasdaq 0.35%.
Published 24 Feb, 2021 08:04pm
Higher share trading tax clouds outlook for Hong Kong exchange
Stocks

Higher share trading tax clouds outlook for Hong Kong exchange

  • The announcement sent shares in Hong Kong Exchanges and Clearing (HKEX) down 11%. Its shares closed down 8.8% at HK$509, the biggest daily percentage fall in five-and-a-half years.
  • The city's budget deficit is expected to hit a record HK$257.6 billion ($33.2 billion) for 2020/21.
Published 24 Feb, 2021 06:44pm
Indian shares surge in glitch-ridden session as banks gain
Stocks

Indian shares surge in glitch-ridden session as banks gain

  • The NSE Nifty 50 index ended 1.86% higher at 14,982.00, while the S&P BSE Sensex rose 2.07% to 50,781.69.
  • The top three boosts to the Nifty 50 were financial and banking stocks, which surged in extended trading, pushing the Nifty private bank index higher by 3.9%.
Published 24 Feb, 2021 06:40pm
TSX futures edge lower on inflation fears
Stocks

TSX futures edge lower on inflation fears

  • Brent crude futures and US West Texas Intermediate crude futures gained 1.04% and 0.88%, respectively, while spot gold edged up 0.2%.
  • The Toronto Stock Exchange's S&P/TSX composite index ended 0.36 lower at 18,349.67 on Tuesday.
Published 24 Feb, 2021 06:23pm
Asian markets drop as rate fears trump Powell reassurances
Stocks

Asian markets drop as rate fears trump Powell reassurances

  • "The mega-cap sectors and stocks that benefitted from the Covid-19 pandemic stay-at-home (SAH) environment, weak economic activity, and new lows in fixed income yields have been giving way" to the recovery theme, said Canaccord Genuity equity strategist Tony Dwyer, adding the selling could worsen.
Published 24 Feb, 2021 10:49am
FTSE 100 flat in early trade
Stocks

FTSE 100 flat in early trade

LONDON: London’s FTSE 100 was subdued on Tuesday as a sharp rise in the unemployment rate to 2016-highs...
Published 24 Feb, 2021 05:24am
China stocks lower
Stocks

China stocks lower

SHANGHAI: China stocks closed lower in volatile trading on Tuesday, after a sharp correction the previous session, ...
Published 24 Feb, 2021 05:24am
Australian shares up, NZ down
Stocks

Australian shares up, NZ down

SYDNEY/WELLINGTON: Australian shares closed nearly 1% firmer on Tuesday, as strength in commodities boosted market...
Published 24 Feb, 2021 05:24am
European shares fall
Stocks

European shares fall

ROTTERDAM: European shares reversed early gains to trade lower on Tuesday as mixed corporate earnings updates...
Published 24 Feb, 2021 05:24am
Nasdaq, S&P down
Stocks

Nasdaq, S&P down

NEW YORK: The S&P 500 and Nasdaq closed lower on Monday as climbing Treasury yields and prospects of rising...
Published 24 Feb, 2021 05:24am