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Australian Market Significantly Higher
The Australian stock market is significantly higher on Monday, extending the gains in the previous two sessions, with the benchmark S&P/ASX 200 moving above the 6,900 level, following the broadly positive cues from global markets on Friday, with gains across most sectors, led by materials and energy stocks amid firm commodity prices.
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TSX Ends Nearly 1.9% Up, Gains 2.61% In Week
The Canadian market ended on a buoyant note on Friday, with stocks across the board turning in a fine performance thanks to sustained buying interest.
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Dollar Loses Ground Against Major Counterparts
The U.S. dollar shed ground against its major counterparts on Friday with traders taking some profits, cashing in recent gains, as they looked ahead to the inflation data, due next week.
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Swiss Market Ends On Firm Note On Positive Global Cues
The Switzerland stock market closed on a firm note on Friday, in line with markets across Europe, as investors indulged in some hectic buying at several counters from across various sectors.
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European Stocks Close On Strong Note
European stocks closed on a strong note on Friday despite concerns about slowing global growth and a massive interest rate hike by the European Central Bank.
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Canadian Market Up Sharply On All-round Buying
Canadian stocks are up sharply in early afternoon trades on Friday, extending morning gains, thanks to sustained buying in healthcare, technology, energy and materials shares.
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U.S. Wholesale Inventories Rise Less Than Expected In July
Wholesale inventories in the U.S. increased by less than expected in the month of July, according to a report released by the Commerce Department on Friday. The report showed wholesale inventories rose by 0.6 percent in July after surging by 1.8 percent in June. Economists had expected wholesale inventories to climb by 0.8 percent.
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more news
Mawson Infra To Sell Bitcoin Mining Facility And 6,468 ASIC Miners To CleanSpark For Up To $42.5 Mln
Digital infrastructure provider Mawson Infrastructure Group Inc. (MIGI) announced Friday it has agreed to sell its Sandersville, Georgia-based Bitcoin Mining Facility, and 6,468 ASIC Bitcoin Miners to CleanSpark, Inc. (CLSK) for up to a maximum total purchase price of $42.5 million.
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AstraZeneca Says LYNPARZA Combination Shows Meaningful OS In Ovarian Cancer Across Phase III Trials
British drug major AstraZeneca plc (AZN.L, AZN) announced Friday positive long-term follow-up results from the PAOLA-1 and SOLO-1 Phase III trials of LYNPARZA (olaparib), with or without bevacizumab, demonstrating clinically meaningful improvements in overall survival (OS).
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Kroger Again Boosts FY22 Outlook - Update
While reporting financial results for the second quarter on Friday, supermarket chain Kroger Co. (KR) raised its adjusted earnings and identical sales outlook for the full-year 2022.
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Horizon Therapeutics To Buyback Up To $500 Mln Of Ordinary Shares
Biotechnology company Horizon Therapeutics plc (HZNP) today announced that its Board of Directors authorized the repurchase of up to $500 million of the Company's ordinary shares.
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Bay Street Looks Headed For Bright Start
Canadian shares are set to open on a firm note Friday morning, tracking positive global markets and higher commodity prices.
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Allakos Says Phase 3 Study Of Lirentelimab In EoD Missed Symptomatic Co-primary Goal
Biotechnology company Allakos Inc. (ALLK) on Friday reported data from EoDyssey, a 24-week, Phase 3, randomized, double-blind, placebo-controlled study of lirentelimab in patients with biopsy confirmed eosinophilic duodenitis (EoD).
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