Allegion To Acquire Plano Group For Undisclosed Terms

Allegion Q4 Results Top Estimates; Sees FY23 Earnings Above Market

Allegion plc, a provider of security products and solutions, reported Wednesday higher profit and revenues in its fourth quarter, above market estimates. Further, the company projects fiscal 2023 earnings higher than last year, and above the Street view. John Stone, Allegion president and CEO, said, "... our supply chain actions are achieving positive results..."

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Hang Seng Tipped To Open To The Upside On Friday

The Hong Kong stock market has moved lower in two of three trading days since the end of the eight-day winning streak in which it had surged almost 1,600 points or 7.1 percent. The Hang Seng Index now sits just above the 23,450-point plateau and it's expected to bounce higher again on Friday.

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Australian Market Significantly Higher

The Australian stock market is trading significantly higher on Friday, adding to the gains in the previous seven sessions, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving to near the 8,400 level, with gains across most sectors led by mining, financial and technology stocks.

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Renewed Support Anticipated For China Stock Market

The China stock market on Thursday halted the three-day winning streak in which it had jumped almost 65 points or 1.9 percent. The Shanghai Composite Index now rests just above the 3,380-point plateau and it's tipped to open in the green on Friday.

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Higher Open Called For Taiwan Stock Market

The Taiwan stock market on Thursday snapped the four-day winning streak in which it had surged almost 1,250 points or 6.2 percent. The Taiwan Stock Exchange now sits just above the 21,730-point plateau although it's likely to tick higher again on Friday.

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Singapore Stock Market May Extend Thursday's Gains

The Singapore stock market bounced higher again on Thursday, one day after ending the two-day winning streak in which it had gathered more than 30 points or 0.8 percent. The Straits Times Index now sits just above the 3,890-point plateau and it may add to its winnings on Friday.

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Japan GDP Slips 0.2% On Quarter In Q1

The Japanese economy contracted a seasonally adjusted 0.2 percent on quarter in the first quarter of 2025, the Cabinet Office said on Friday - missing expectations for a decline of 0.1 percent following the 0.6 percent gain in the three months prior.

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Malaysia Shares May Bounce Higher Again On Friday

The Malaysia stock market on Thursday snapped the three-day winning streak in which it had risen more than 40 points or 2.7 percent. The Kuala Lumpur Composite Index now sits just above the 1,570-point plateau although it may see renewed support on Friday.

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EURUSD	1.11994	GBPUSD	1.3311	AUDUSD	0.64032
USDJPY	145.173	USDCAD	1.3953	USDCHF	0.83353

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Allegion To Acquire Plano Group For Undisclosed Terms