Sensex, Nifty Seen Tad Lower After Recent Gains

RTTNews | 973 วันที่ผ่านมา
Sensex, Nifty Seen Tad Lower After Recent Gains

(RTTNews) - Indian shares may open slightly lower on Friday after three days of consecutive gains.

India's jobless rate for persons aged 15 years and above in urban areas declined to 7.2 percent during July-September 2022 from 9.8 percent a year ago, the National Statistical Office (NSO) said in a report.

Separately, RBI Deputy Governor Michael Debabrata Patra has said monetary policy can only hope to address future inflation, not today's inflation.

Benchmark indexes Sensex and Nifty jumped around 1.2 percent each on Thursday to hit record highs, with underlying sentiment boosted by falling oil prices, declining U.S. yields and a weakening dollar. The rupee rose by 23 paise to close at 81.70 against the greenback.

Asian markets traded mixed this morning as China reported another record high of daily COVID cases and tightened pandemic curbs across the country.

The dollar held near a three-month low and headed for a weekly loss while gold edged up and was on track for a small weekly gain.

Oil rose amid wrangling over Russian oil price cap but headed for a third weekly loss on China demand concerns.

U.S. markets were closed on Thursday for the Thanksgiving holiday.

European stocks hit fresh three-month highs amid signs the Fed may slow down the pace of interest rate hikes at upcoming meetings.

Meanwhile, the ECB's October meeting minutes suggested the central bank might 'pause' monetary tightening if there was a prolonged and deep recession.

The pan European STOXX 600 gained half a percent. The German DAX climbed 0.8 percent and France's CAC 40 index edged up 0.4 percent while the U.K.'s FTSE 100 ended little changed with a positive bias.

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Australian Market Notably Lower

Australian Market Notably Lower

The Australian stock market is trading notably lower on Friday, extending the losses in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,700 level, with weakness in mining and financial stocks partially offset by gains in energy and technology stocks.
RTTNews | 10 นาทีที่ผ่านมา
China Stock Market Due For Consolidation

China Stock Market Due For Consolidation

The China stock market has finished higher in six straight sessions, collecting more than 100 points or 2.8 percent along the way. The Shanghai Composite Index now sits just above the 3,600-point plateau although it's likely to see a downward correction on Friday.
RTTNews | 23 นาทีที่ผ่านมา
Taiwan Shares May Tick Higher Again On Friday

Taiwan Shares May Tick Higher Again On Friday

The Taiwan stock market has moved higher in consecutive trading days, gathering almost 400 points or 1.8 percent along the way. The Taiwan Stock Exchange now sits just beneath the 23,375-point plateau and it may see mild upside again on Friday.
RTTNews | 53 นาทีที่ผ่านมา
Rally May Stall For Singapore Stock Market

Rally May Stall For Singapore Stock Market

The Singapore stock market has moved higher in 14 straight sessions, improving more than 250 points or 6.2 percent along the way. The Straits Times Index now rests just above the 4,270-point plateau although it's overdue for consolidation on Friday.
RTTNews | 1 ชม. 23 นาทีที่ผ่านมา
Tokyo Inflation Slows To 2.9% Annually In July

Tokyo Inflation Slows To 2.9% Annually In July

Overall consumer prices in the Tokyo region of Japan were up 2.9 percent on year in July, the Ministry of Internal Affairs and Communications said on Friday.
RTTNews | 1 ชม. 42 นาทีที่ผ่านมา
Canadian Stocks Decline Amid Trade Uncertainty, Profit-Taking

Canadian Stocks Decline Amid Trade Uncertainty, Profit-Taking

Canadian stock market retreated from record highs on Thursday as investors opted for profit-taking amid ongoing talks with the U.S. for tariff finalization moving without a breakthrough. After opening just below Wednesday's close, the benchmark S&P/TSX Composite Index, slid for a while but managed to rise and hit an intra-day high of 27,479.01 before noon. However, unable to hold on the momentum, it slid down for the rest of the trading session to finally settle at 27,372.26, down by 44.15 or 0.16 percent. As countries are pacing up their efforts to secure a trade agreement with the U.S. with the deadline for "reciprocal tariffs" suspension period close by, Canadian diplomats are seriously negotiating with their US counterparts for a beneficial agreement. Accusing Canada of failing to check illicit drug entry into the U.S. via US-Canadian borders, U.S. President Donald Trump has threatened to slam Canada with 35 percent levies on top of the already-existing tariffs. Trump has already imposed a 25 percent blanket tariffs on certain Canadian imports and a 50 percent levy on aluminum and steel. Stakes for Canada are high in this trade war as 75 percent of Canadian exports are primarily directed to the U.S. PM Mark Carney has reiterated that Canada cannot settle for a "bad deal" by ignoring what it costs to Canadian economy. While bilateral talks continue, Carney has also stepped up measures to find ways to cut budgetary spends massively to rebuild the economy. He has encouraged the ministers and business houses to find marketplaces outside of U.S. for Canadian exports. Data released by Statistics Canada revealed that retail sales in Canada bounced back by around 1.6 percent in June, month-on-month. Retail sales increased 4.90 percent in May 2025 compared to May 2024, year-on-year. Meanwhile, retail turnover fell by 1.1 percent from May. Results of Business Outlook Survey by BoC released last week revealed that business owners are less pessimistic about a recession now than they were a year prior. As employment data revealed gain in jobs and a decline in the jobless rates days before, expectations are slim that Bank of Canada will make any changes in the lending rates in their announcement scheduled for July 30. Major sectors that gained in Thursday's trading were real estate (1.06 percent), energy (0.95 percent), healthcare (0.89 percent), and consumer staples (0.48 percent). Among the individual stocks, Colliers International Group Inc (1.76 percent), Vermillion Energy Inc (3.40 percent), Athabasca Oil Corp (2.99 percent), and Bausch Health Companies Inc (2.44 percent) were the prominent gainers. Major sectors that lost were financials, IT, consumer discretionary and materials. Among the individual stocks, Blackberry Ltd (3.05 percent), Bitfarms Ltd (2.87 percent), Orla Mining Ltd (14.36 percent), and Teck Resources Ltd (8.67 percent) were the notable losers. Firstservice Corp (8.89 percent), Energy Fuels Inc (5.52 percent), and Whitecap Resources Inc (5.89 percent) were among the prime market-moving stocks.
RTTNews | 1 ชม. 47 นาทีที่ผ่านมา
Malaysia Bourse May Spin Its Wheels On Friday

Malaysia Bourse May Spin Its Wheels On Friday

The Malaysia stock market has moved higher in two straight sessions, gathering more than 20 points or 1.3 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,540-point plateau although it may be stuck in neutral on Friday.
RTTNews | 1 ชม. 53 นาทีที่ผ่านมา