May 23 Reuters Shares of Nvidia rose on Thursday after the chipmaker forecast an upbeat secondquarter revenue and announced a stock split that floored investors and once again showcased its dominance in the AIrelated chips market. The company39;s stock rose 6.5 in premarket trading, with rival AIrelated chipmakers Advanced Micro Devices, Broadcom and Micron Technology also gaining between […]

Previous Trading Days Events 22.05.2024 RBNZ The Monetary Policy Committee agreed to keep the Official Cash Rate at 5.50. Its restrictive monetary policy has reduced capacity pressures in the New Zealand economy and lowered consumer price inflation. Annual consumer price inflation is expected to return to within the Committees 1 to 3target range by the […]

NEW YORK, May 23 Reuters The dollar pared losses against the euro after data showed U.S. business activity accelerated to the highest level in just over two years in May, suggesting that economic growth picked up halfway through the second quarter. SP Global said on Thursday that its flash U.S. Composite PMI Output Index, which […]

JOHANNESBURG, May 23 Reuters The South African rand weakened on Thursday, after Federal Reserve meeting minutes released on Wednesday hinted that interest rates will remain higher for longer in the world39;s biggest economy. At 1502 GMT, the rand traded at 18.4450 against the dollar , 0.85 weaker than its previous close. The dollar last traded around 0.02 […]

May 23 Reuters UK utilities led fallers in early London trading on Thursday after Prime Minister Rishi Sunak called a surprise election in July the previous day, raising concerns over political risk in the sector. Also adding pressure was National Grid announcing plans to raise about 7 billion pounds 8.9 billion through a rights issue. The […]

FTSE 100 down 0.3, FTSE 250 flat Hargreaves Lansdown surges after rejecting 5.94 billion takeover deal National Grid to raise 8.9 billion via rights issue, shares slump May 23 Reuters London39;s FTSE 100 continued its slide for a third day on Thursday, as Britain began preparations for a general election on July 4 and data […]

LONDON, May 23 Reuters The pound held broadly steady on Thursday near multimonth highs a day after British Prime Minister Rishi Sunak called a national election and data showed inflation did not slow as much as expected in April. Sterling was flat on the dollar at 1.2714, having touched a two month high of 1.2761 […]