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Community Trust Bancorp Q2 Profit Declines
(RTTNews) - Community Trust Bancorp, Inc. (CTBI) reported Wednesday net earnings for the second quarter of $20.27 million or $1.14 per share, down from $23.93 million or $1.34 per share in the prior-year quarter.
Net interest income for the quarter edged up to $40.79 million from $40.01 million last year, while noninterest income declined 6.6 percent to $14.50 million from last year.
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Community Trust Bancorp Q2 Profit Edges Down
Community Trust Bancorp, Inc. (CTBI) reported Wednesday net earnings for the second quarter of $19.50 million or $1.09 per share, edging up from $19.40 million or $1.08 per share in the prior-year quarter.
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Australia Consumer Sentiment At 3 1/2 Year High: Westpac
Australia's consumer confidence improved to a three-and-a-half year high in August as the central bank is expected to lower rates further after a third cut this year, monthly survey results from Westpac showed on Tuesday. The Westpac-Melbourne Institute Consumer Sentiment Index rose to 98.5 in August from 93.1 in June.
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Sensex, Nifty Slightly Higher In Early Trade
Indian shares were slightly higher on Tuesday, extending the previous session's strong gains after the Modi government, in a bold Independence Day declaration, revealed plans for the largest tax overhaul since 2017.
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Australian Market Trims Early Losses In Mid-market
The Australian stock market is trimming its early losses in mid-market trading on Tuesday, extending the losses in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling to near the 8,900 level, with weakness in mining and energy stocks partially offset by gains in financial stocks.
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Asian Markets Trade Mostly Higher
Asian stock markets are trading mostly higher on Tuesday, following the mixed cues from Wall Street overnight, amid optimism of a truce in the conflict between Russia and Ukraine with US President Donald Trump planning a summit meeting between Russian President Vladimir Putin and Ukrainian President Volodymyr Zelenskiy very soon. Asian markets closed mostly higher on Monday.
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Sensex, Nifty Likely To Open On Muted Note
Indian shares look set to open on a flat note on Tuesday, tracking muted cues from global markets.
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Japanese Market Modestly Lower
The Japanese stock market is trading modestly lower on Tuesday after opening in the green, reversing some of the gains in the previous two sessions, following the mixed cues from Wall Street overnight, with the Nikkei 225 falling below the 43,500 level, with weakness in index heavyweights and financial stocks partially offset by gains in automakers and exporters.
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Thai Shares May Take Further Damage On Tuesday
The Thai stock market has finished lower in three straight sessions, slipping more than 35 points or 3 percent along the way. The Stock Exchange of Thailand now sits just above the 1,240-point plateau and it may extend its losses on Tuesday.
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