China stocks ended higher on Monday, helped by increasing optimism about the prospects for a Sino-U.S. trade deal.
The ChiNext Index, China’s NASDAQ-style board of growth enterprises, gained 0.77 percent to close at 1,699.92 points Monday.
Record high for indices and easing of global tensions could very well describe the week gone by.
Analysts provided wide valuation estimates for Saudi Aramco, ranging between $1.2 trillion and $2.3 trillion, fund managers who have seen research notes said, as the oil giant kick-started its initial public offering (IPO) on the local bourse.
- Analyst research gives wide range for Aramco valuation (Reuters: Nov 4, 2019 at 6:32 AM)
Asian shares surged on Monday, with a broad regional gauge hitting more than 14-week highs, as growing optimism over U.S.-China trade talks and upbeat U.S. job data boosted global investors’ appetite for riskier assets.
- Asian shares hit 14-week highs on trade deal hopes (Reuters: Nov 4, 2019 at 3:21 AM)
- Asian shares hit 14-week highs on trade deal hopes (Financial Post: Nov 4, 2019 at 3:23 AM)
- Asian shares climb to 14-week highs on hopes U.S., China getting close to trade deal (Reuters: Nov 4, 2019 at 6:27 AM)
Gold prices inched down on Monday as signs of progress towards a trade deal between the world’s two largest economies and strong U.S. jobs data boosted risk appetite, weighing on the precious metal.
- Gold steady on soft dollar; trade optimism lifts risk mood (Reuters: Nov 4, 2019 at 3:58 AM)
- Gold prices dip as trade optimism lifts riskier assets (Financial Post: Nov 4, 2019 at 3:59 AM)
Investors took their lead from another record-breaking close on Wall Street.
…earnings from bank Westpac capped enthusiasm. The Japanese market is closed for a public holiday. The upbeat mood in Asia’s equity markets came as Wilbur Ross, the US commerce secretary, said on Sunday…
Nifty is trading in a rising wedge formation where upper ascending trend line is standing around 12,000 marks and break down will be below lower trend line standing around 11,500 levels.
Yes Bank Ltd. has changed.