Gold Silver Reports (GSR) – City Union Bank Gains On Bonus Announcement – Shares of the lender extended gains for the second day and rose as much as 2.7 percent, the most in three weeks to Rs 186.5. The bank’s board had proposed a bonus of 1:10 and fixed July 11 as the record date, according to its statement on the exchanges.
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Symphony Share Price Gains After Stake Acquisition
Gold Silver Reports (GSR) – Symphony Share Price Gains After Stake Acquisition – Shares of the electronic-appliances maker extended gains for the fourth day, its longest winning streak since April 3. The stock rose as much as 3.5 percent to Rs 1496.40. The company had acquired 95 percent stake in Australia-based Climate Technologies for Rs 220 crore, according to its stock exchange notification.
Biocon Share Price Rises After Bengaluru Facility Clears Regulatory Inspection
Gold Silver Reports (GSR) – Biocon Rises After Bengaluru Facility Clears Regulatory Inspection – Shares of the drugmaker rose as much as 2.3 percent to Rs 644.35. – The company said that it received an Establishment Inspection Report (EIR) from the U.S. drug regulator for its manufacturing facility in Bengaluru, according to its stock exchange notification.
Focus Stocks: HFC Bank, ICICI Bank, IDBI Bank to be in focus
Focus Stocks: HFC Bank, ICICI Bank, IDBI Bank to be in focus
■ Asian markets opened mixed as investors weighed continuing trade tensions between the US and China. Over the weekend US stock indices closed mostly higher on gains in energy stocks.
Today Stocks : Biocon, Dish TV, Symphony, Avanti Feeds, Phoenix Mills
Gold Silver Reports (GSR) – Today Stocks : Biocon, Dish TV, Symphony, Avanti Feeds, Phoenix Mills — Japanese stocks fluctuated, while shares gained in Australia and fell in South Korea. The Singapore-traded SGX Nifty, an early indicator of NSE Nifty 50 Index’s performance in India, traded 0.8 percent lower at 10,787.50 as of 7:40 a.m.
Trade Is an Afterthought in Stock Market Still Glued to Earnings
Gold Silver Reports (GSR) – Of all the forces swaying equity prices, earnings expectations are the hardest to see. They don’t make headlines, are difficult to quantify and get lost in the din around trade wars and politics.
Asia Stocks Extend Drop in Worst Week Since March
Gold Silver Reports (GSR) – Asia Stocks Extend Drop in Worst Week Since March — Asian stocks fell, extending the worst week for regional equities since late March, amid concern global trade restrictions will curb growth. Treasuries pared gains and oil prices rose as OPEC moved closer to a deal on output.