APN News

  • Saturday, April, 2024| Today's Market | Current Time: 06:16:27

    • Markets

    Gold Drops, Trims Monthly Gain, as Biggest Rally in 2 Weeks Prompts Sales

    Gold declined as the biggest rally in more than two weeks prompted some investors to sell the precious metal to lock in gains. Gold for immediate delivery dropped as much as 0.4 percent to $1,338.78 an ounce and traded at $1,340.45 at 10:37 a.m. Seoul time after yesterday climbing 1.4 percent, the biggest gain since […]

    Markets

    Rubber Declines, Paring Monthly Gain, as China May Tighten Trading Rules

    Rubber declined, paring a monthly gain, as futures in Shanghai slumped amid concern that China may tighten trading rules to curb excessive speculation and data showed Japan’s industrial production dropped at a faster pace. The most-active contract lost as much as 1.5 percent to 331.6 yen per kilogram ($4,122 a metric ton) before trading at […]

    Stock & Share

    Sensex fails to maintain initial gains, down by 19 pts

    The Bombay Stock Exchange benchmark Sensex failed to maintain its early morning gains and slipped 19 points at 1015 hours on profit-booking and capital outflows from foreign funds amid weak Asian cues. The 30-share index soared 64.46 points in the opening trade to 20,005.50 but declined to 19,922.18 at 1015 hours, a net loss of […]

    Currency

    Rupee marginally down against US dollar in early trade

    The rupee weakened by 1 paise to Rs 44.54 against the US currency in the early trade on Friday at the Interbank Foreign Exchange, weighed down by the month-end dollar demand. Forex traders said, besides dollar demand from importers, capital outflows by foreign funds from equities also put pressure on the rupee. The rupee had […]

    Stock & Share

    Sensex soars 64 pts in opening trade, regains 20k level

    Snapping its three-day long losing streak, the Bombay Stock Exchange benchmark Sensex recovered by over 64 points to regain the 20,000 level in the opening trade on Friday. Recovery in oil and gas, consumer durables and auto sector stocks, helped the Sensex trade in the positive zone shrugging-off disappointing second quarter earnings by some corporates. […]

    Markets

    Rubber Declines for Second Day on Concern China May Adjust Trading Rules

    Rubber slumped a second day on concerns that China, the largest buyer, may impose stringent measures to limit speculation and lower commodity prices. The April-delivery contract declined as much as 0.9 percent to 334 yen per kilogram ($4,092 a metric ton) on the Tokyo Commodity Exchange before trading at 335.6 yen at 11:04 a.m. local […]

    Currency

    Rupee eases by five paise vs dlr in the morning trade

    The Indian rupee declined by five paise to 44.50 against the American currency in the morning trade on month-end dollar demand from importers and banks coupled with higher dollar in overseas market. At the Interbank Foreign Exchange (Forex) market, the domestic unit opened slightly lower at 44.47/48 per dollar as against the thursday’s closing level […]

    Stock & Share

    Sensex rebounds by 114 points in opening trade

    Erasing the two-day losses, the Bombay Stock Exchange benchmark Sensex thursday recovered by over 114 points in the opening trade on emergence of buying at lower levels amid mixed trend in Asian regions. The 30-share index which had lost nearly 298 points in the previous two trading sessions, saw a recovery of 114.40 points, or […]

    Markets

    Wall Street Swings on Fed Purchasing Program

    Wall Street swung on Wednesday as investors worried that the Federal Reserve will unveil a smaller- than-expected U.S. Treasury bond purchasing program. Market sentiment turned cautious when major index were trading at 6-month highs. Investors seemed reluctant to push the market higher before upcoming key events, including a Federal Reserve meeting in which the central […]

    Currency

    Dollar Rises amid Uncertainty on Fed’s Plan

    The US dollars rises against major currencies in late New York trading on Wednesday as the scale of the Fed’s stimulus plan might be smaller than expected. The market had anticipated the Fed would buy between 500 billion dollars and 1 trillion dollars in treasury bonds to drive interest rates lower and encourage lending and […]

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