Advertisement
Daqo New Energy Repurchased $301.7 Mln Under Its $700 Mln Share Repurchase Program
(RTTNews) - Daqo New Energy Corp. (DQ), a manufacturer of high-purity polysilicon for the global solar PV industry, on Tuesday provided an update on its $700 million share repurchase program that was announced on November 7, 2022.
As of today, approximately 43.1% of the authorized repurchase amount under the program has been executed through repurchases by an intermediary in the open market at prevailing prices or in privately negotiated transactions.
The Company has repurchased 7.28 million ADSs for approximately $301.7 million under the current program, at an average cost of $41.42 per ADS.
read more
European Shares Seen Opening Up On US-EU Trade Deal
European stocks look set to open on a buoyant note Monday after the United States announced the "biggest-ever" trade deal with the European Union, under which a 15-percent tariff would apply across the board, including for Europe's crucial automobile sector, pharmaceuticals, and semiconductors.
RTTNews
|
1j 56min yang lalu
Sensex, Nifty Open Lower Amid Trade Deal Uncertainty
Indian shares were slightly lower on Monday due to uncertainty around U.S. tariffs ahead of the August 1 deadline.
RTTNews
|
3j 13min yang lalu
Australian Market Trims Early Gains In Mid-market
The Australian stock market is trimming its early gains in mid-market trading on Monday, reversing some of the losses in the previous two sessions, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is staying above the 8,650.00 level, with gains in gold miners and financial stocks partially offset by weakness in iron ore miners and energy stocks.
RTTNews
|
4j 6min yang lalu
Asian Markets Track Wall Street Higher
Asian stock markets are trading mostly higher on Monday, following the broadly positive cues from Wall Street on Friday, amid optimism that a number of trade deals will be worked out prior to US President Donald Trump's August 1 deadline after the U.S. and the European Union ratified a trade agreement over the weekend, with 15 percent tariffs on most European exports, including cars.
RTTNews
|
4j 35min yang lalu
Sensex, Nifty Set For Muted Start As TCS Announces Layoffs
Indian shares look set to open on a cautious note Monday, with IT stocks likely to be in focus after TCS, India's largest IT services firm, said it would lay off about 2 percent, or 12,261 employees, of its global workforce this year in the wake of global economic uncertainties and artificial intelligence-driven technological changes.
Fears over the August 1 U.S. tariff deadline and foreign fund outflows may also weigh on markets as the session progresses.
RTTNews
|
4j 58min yang lalu
Japanese Market Notably Lower
The Japanese stock market is trading notably lower on Monday, extending the losses in the previous session, despite he broadly positive cues from Wall Street on Friday, with the Nikkei 225 falling below the 41,200 level, with weakness across most sectors led by financial and technology stocks.
RTTNews
|
6j 2min yang lalu
Indonesia Bourse May Extend Winning Streak
The Indonesia stock market has moved higher in three straight sessions, advancing more than 190 points or 2.8 percent along the way. The Jakarta Composite Index now sits just above the 7,540-point plateau and it may open to the upside again on Monday.
RTTNews
|
6j 4min yang lalu
Higher Open Predicted For Hong Kong Shares
The Hong Kong stock market on Friday ended the five-day winning streak in which it had rallied almost 1,300 points or 5.1 percent. The Hang Seng Index now sits just beneath the 25,390-point plateau although it's likely to open in the green again on Monday.
RTTNews
|
6j 19min yang lalu
