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Markets - Stocks - 2021-04-20
S&P 500, Dow slip as focus turns to tech earnings
Stocks

S&P 500, Dow slip as focus turns to tech earnings

  • Kansas City surges on $30 bln bid from Canadian National.
  • Nike falls as Citi moves to sidelines.
  • Tobacco cos fall on report over US plan to limit nicotine.
  • Indexes: Dow down 0.33%, S&P falls 0.15%, Nasdaq up 0.02%.
Published 20 Apr, 2021 08:16pm
TSX slips as Canadian National falls on bid to buy Kansas City rail
Stocks

TSX slips as Canadian National falls on bid to buy Kansas City rail

  • Canadian National's shares dropped 7.5% and was the worst performer on the main index after the company trumped a rival bid by Canadian Pacific to buy Kansas City Southern.
  • Toronto Stock Exchange's S&P/TSX composite index was down 117.6 points, or 0.61%, at 19,086.82.
Published 20 Apr, 2021 07:46pm
UK's Ashtead plans share buyback after upbeat earnings forecast
Stocks

UK's Ashtead plans share buyback after upbeat earnings forecast

  • The company, which rents out equipment to the construction and industrial sectors, generated a record 1.06 billion pounds in free cash flow in the nine months to January.
  • It used that cash to reduce its 4.28 billion pound net debt, a move that is expected to help it meet its leverage target range by the end of this month.
Published 20 Apr, 2021 05:35pm
European shares down
Stocks

European shares down

AMSTERDAM/LONDON: European stocks retreated slightly from record highs on Monday, as a weaker open on Wall Street ...
Published 20 Apr, 2021 04:00am
Japan’s Topix slips
Stocks

Japan’s Topix slips

TOKYO: Japan’s Topix changed course to close lower on Monday, while the Nikkei ended little changed, as concerns...
Published 20 Apr, 2021 04:00am
Indian shares plunge
Stocks

Indian shares plunge

BENGALURU: Indian shares fell sharply on Monday as Delhi imposed a lockdown to stem surging coronavirus cases,...
Published 20 Apr, 2021 04:00am
Mixed close for Gulf bourses
Stocks

Mixed close for Gulf bourses

DUBAI: Major stock markets in the Gulf had a mixed session on Monday, with property shares weighing on the Dubai...
Published 20 Apr, 2021 04:00am
China stocks climb
Stocks

China stocks climb

SHANGHAI: China stocks ended higher, with the blue-chip index posting its best day in six weeks, led by gains in new...
Published 20 Apr, 2021 04:00am
SECP clarification
Stocks

SECP clarification

KARACHI: It has come to the knowledge of SECP through a news clipping titled "SNBL, ECMCL enter into alliance"...
Published 20 Apr, 2021 04:00am
FTSE 100 ends lower
Stocks

FTSE 100 ends lower

LONDON: London’s FTSE 100 ended lower on Monday, dragged down by a stronger pound and as weaker oil prices weighed...
Published 20 Apr, 2021 04:00am