GAGA Share Market News

[hfe_template id='11223'] [ad_1] India’s headline index, Nifty, is likely to end 2024 in the green, marking its 9th consecutive positive closing. Down nearly 10% from its lifetime peak, the 50-stock index has had a mixed year, trailing major global indices like the Nasdaq Composite, Nikkei, Hang Seng, and Shanghai Composite, while staying ahead of the Straits Times Index, FTSE, and KOSPI, among others. Commenting on the market action in 2024, Vivek Sharma, Investment Head at Estee Advisors, called it a "mixed bag" for Indian markets— not the best, but far from the worst. According to him, the real shift in momentum occurred in October when foreign institutional investors (FIIs) started selling in the domestic market. A performance analysis of major global indices in 2024 reveals that Nifty’s 9% returns are behind those of its US, Japan, Hong Kong, and some European counterparts. The Nasdaq Composite leads with a 36% return, followed by the S&P 500 and Hang ...

[hfe_template id='11223'] [ad_1] A Japan-inspired strategy of seeking to boost shareholder returns, corporate governance and market valuations is spreading like a wildfire across Asia. From Seoul to New Delhi, governments and regulators are hurrying to implement their own versions of Japan’s decade-long program of structural reforms that helped drive its benchmark index to a record high this year. While these initiatives vary, they are often collectively referred by the term coined by South Korea: “Value Up.” The timing looks to be fortuitous for investors: Donald Trump’s election victory this month and his adversarial trade policies threaten to undermine Asia’s economic growth and corporate earnings. There are already some signs “value up” can counter this threat. “When I present to my clients, I tell them that there are five great themes in Asia” and one of them is corporate reforms to enhance shareholder returns, said Sat Duhra, a fund manager at Janus Henderson Inves...

[hfe_template id='11223'] [ad_1] Hong Kong, Nov 08, 2024 -Asia's markets rally stuttered Friday after early gains as traders struggled to keep up with another Wall Street record following the Federal Reserve's interest rate cut, while they were also weighing the outlook with another Trump administration. Traders were also awaiting the end of a week-long meeting of key Chinese officials who have been hammering out a major stimulus package for the world's number two economy with an eye on the US election result. While there are concerns that another four years of Donald Trump could see a rise in tensions between Beijing and Washington, investors are optimistic that his plans to slash taxes and push through more deregulation will boost companies' bottom lines. There are worries that the Republican's policies could stoke inflation again, dealing a blow to the Fed's long-running battle against prices. But central bank boss Jerome Powell added to the up...

[hfe_template id='11223'] [ad_1] We have seen that the actions of a single central bank can swiftly influence market sentiment, capital flows, and economic stability across multiple countries. Central banks wield immense power to influence the stock market, with their policy decisions acting as inflection points for financial markets. The interplay between a Central Bank’s actions and the stock market’s response is complex and dynamic; even a minor policy adjustment can set off a chain reaction across various sectors, leading to substantial market movements and volatility. The recent decision by the Bank of Japan (BoJ) to raise interest rates to 0.25% serves as a stark reminder of how central banks’ moves can send ripples across global markets. The Nikkei 225 Index dropped 20% within three trading days of the announcement. Although the index rebounded by over 10% following the BoJ's clarification, investors expect clear and consistent policy communication initially t...

[hfe_template id='11223'] [ad_1] Japan’s equity benchmarks slid almost 20% from record highs reached last month as investor confidence crumbled from the surge in the yen, tighter monetary policy and the deteriorating economic outlook in the US. The Topix and Nikkei 225 Stock Average fell about 5%, with the former set for a three-day decline that would be the worst since the 2011 Fukushima nuclear meltdown and put them near bear markets. A circuit breaker halted trading of Topix futures for about 10 minutes. Exporters were among the heaviest drags on the Topix after the yen surged more than 1% versus the dollar on the unwinding of carry trades, while banks dropped after yields of 10-year government bonds plunged 13 basis points. “We are basically seeing a mass deleveraging as investors sell assets to fund their losses,” said Kyle Rodda, a senior market analyst at Capital.Com. “The rapidity of the move has caught me off guard; there’s a lot of panic selling now, which is w...

[hfe_template id='11223'] [ad_1] Asian stocks were mostly lower Wednesday even as investors wagered that the Federal Reserve will come ahead with a cut to interest rates, while Australia's benchmark hit a new record. U.S. futures were mixed and oil prices were little changed. In Tokyo, the Nikkei 225 index gave up early gains to shed 0.4% to 41,095.23. Reports said the Finance Ministry might have intervened in the currency market last week, buying nearly 6 trillion yen ($37 billion) to support the yen. The U.S. dollar rose to 158.42 Japanese yen from 158.34 yen on Wednesday. The yen weakened to 161.85 to the dollar last Wednesday and picked up to 157.89 last Friday. Australia's S&P/ASX 200 advanced 1% to 8,076.80, hitting an all-time high. South Korea's Kospi shed 0.2% to 2,859.64. Hong Kong's Hang Seng gained 0.3% to 17,777.56, while the Shanghai Composite index lost 0.2% to 2,971.38. Elsewhere, Taiwan's Taiex declined 0.1%, with Taiwan Semico...