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Millicom International Swings To Profit In Q2
(RTTNews) - Millicom International Cellular S.A. (TIGO) reported Friday net profit for the second quarter of $78 million or $0.46 per share, compared to a net loss of $22 million or $0.13 per share in the prior-year quarter.
Revenues for the quarter grew 4.7 percent to $1.46 billion from $1.39 billion in the same quarter last year. Organic revenue was up 1.4 percent.
On average, analysts expected the company to report earnings of $0.50 per share on revenues of $1.48 billion for the quarter, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
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Higher Open Called For Indonesia Stock Market
The Indonesia stock market has moved higher in back-to-back sessions, advancing more than 180 points or 2.6 percent along the way. The Jakarta Composite Index now sits just above the 7,530-point plateau and it may open to the upside again on Friday.
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8 phút trước
Hong Kong Shares May Be Stuck In Neutral On Friday
The Hong Kong stock market has moved higher in five straight sessions, gathering almost 1,300 points or 5.1 percent in that span. The Hang Seng Index now sits just beneath the 25,670-point plateau although it's expected to see profit taking on Friday.
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23 phút trước
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.
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25 phút trước
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.
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38 phút trước
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.
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1h 8phút trước
Japan Producer Prices Ease To 3.2% On Year In June
Producer prices in Japan were up 3.2 percent on year in June, the Bank of Japan said on Friday.
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1h 32phút trước
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.
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1h 38phút trước
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.
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1h 57phút trước
