Indias Nifty, Sensex Hit new Highs on State Elections Boost

BENGALURU, Dec 4 Reuters Financial and energy stocks led Indian shares to new alltime highs on Monday as key wins for the ruling party in state elections lifted the broader domestic market, already boosted by strong macroeconomic data and easing global interest rate expectations. The NSE Nifty 50 index rose 1.78 to 20,629.25 points, notching a […]
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Global Hedge Funds Further Offloaded Chinese Stocks in Nov

HONG KONG, Dec 4 Reuters China and broader emerging Asia market stocks were among the most net sold regions by global hedge funds in November, Goldman Sachs said, as fund managers further reduced exposure to the world39;s secondlargest economy. Chinese equities saw net outflow from longshort fund managers for a fourth successive month, mainly due […]
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UKs FTSE 100 Falls on Energy, Miners Drag

RollsRoyce, DS Smith rise on brokerage upgrades 888 Holdings jumps on report co rejected buyout offer in July FTSE 100 down 0.3, FTSE 250 adds 0.5 Dec 4 Reuters The UK39;s FTSE 100 fell on Monday as losses in heavyweight energy and mining stocks outweighed broader market gains, while the focus slowly shifted to the […]
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Stocks Mixed; Indestructible Gold Passes 2,100

Dollar rises 0.165, SP 500 futures 0.3 Bonds run into profittaking, gold falls after topping 2,100 Wagers on U.S. rate cuts to be tested by payrolls Shipping attacked in Red Sea, oil still struggling LONDONSYDNEY, Dec 4 Reuters Global shares were mixed on Monday, while gold spiked to alltime peaks above 2,100 at the start […]
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South African Rand Gains after Comments by Feds Powell

JOHANNESBURG, Dec 1 Reuters South Africa39;s rand strengthened against the dollar on Friday, reversing its losses from the previous day, as U.S. Federal Reserve Chair Jerome Powell said the Fed would move carefully on interest rates. At 1619 GMT, the rand traded at 18.6150 against the dollar , about 1.2 stronger than its previous close. […]
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