Sensex, Nifty end deep in the red dragged by losses in HDFC twins, Indusind bank
Financial and IT stocks dragged India’s benchmark indices lower on Friday. At the end of the session on Friday, Sensex tumbled 694.96 points to settle at 61,054.29, while the Nifty fell 186.80 points to 18,069. Market capitalisation of all listed companies on BSE fell 1.43 lakh crore to 273.77 lakh crore. Globally, stocks hovered in a tight range on Friday, still on course for a weekly loss, as investors balanced bets of central banks pausing rate increases with the latest rout in shares of U.S. regional lenders. MSCI’s broad index of global equities edged 0.1 percent higher following a four-day losing streak, while Europe’s Stoxx 600 share index rose 0.2 percent. London, Frankfurt, Hong Kong and Wall Street futures advanced. Shanghai declined. Markets in Japan and South Korea were closed for holidays. Oil prices advanced. Back home, consumer durables, auto and FMCG stocks advanced IT, metals and financials ended lower. On the Nifty, HDFC Bank, HDFC, IndusInd Bank, Hindalco and Tata Steel fell the most, while Titan, Maruti, Ultratech Cement, Nestle India, and Apollo Hospitals rose.
Japan stocks higher at close of trade; Nikkei 225 up 0.12pc
Japan stocks were higher after the close on Tuesday, as gains in the Steel, Chemical and Marine Transport sectors led shares higher. At the close in Tokyo, the Nikkei 225 gained 0.12 percent to hit a new 6-months high. The best performers of the session on the Nikkei 225 were Mitsui Engineering & Shipbuilding, which rose 4.05 percent or 21.00 points to trade at 539.00 at the close. Meanwhile, Advantest Corp. added 3.53 percent or 380.00 points to end at 11,140.00 and Panasonic Corp was up 2.42 percent or 31.50 points to 1,333.50 in late trade. Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 1981 to 1550 and 316 ended unchanged. Shares in Mitsui Engineering & Shipbuilding rose to 52-week highs; rising 4.05 percent or 21.00 to 539.00. Shares in Panasonic Corp rose to 52-week highs; up 2.42 percent or 31.50 to 1,333.50. The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was up 2.63 percent to 15.62. Crude oil for June delivery was up 0.28 percent or 0.21 to $75.87 a barrel.
France stocks lower at close of trade; CAC 40 down 0.85pc
France stocks were lower after the close on Thursday, as losses in the Oil & Gas, Financials and Foods & Drugs sectors led shares lower. At the close in Paris, the CAC 40 declined 0.85 percent, while the SBF 120 index lost 0.88 percent. The best performers of the session on the CAC 40 were Engie SA , which rose 1.28 percent or 0.18 points to trade at 14.61 at the close. Meanwhile, Sanofi SA added 1.27 percent or 1.24 points to end at 99.15 and Pernod Ricard SA was up 1.22 percent or 2.60 points to 214.90 in late trade. The worst performers were Teleperformance SE which was down 7.24 percent to 163.25 in late trade, Metropole Television SA which lost 6.80 percent to settle at 12.75 and Technip Energies BV which was down 6.35 percent to 18.15 at the close. Falling stocks outnumbered advancing ones on the Paris Stock Exchange by 346 to 187 and 82 ended unchanged. Shares in Teleperformance SE fell to 3-years lows; falling 7.24 percent or 12.75 to 163.25. Shares in Teleperformance SE fell to 3-years lows; losing 7.24 percent or 12.75 to 163.25. The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was unchanged 0.00 percent to 18.96 a new 52-week high. Gold Futures for June delivery was up 1.08 percent or 21.95 to $2,058.95 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 0.31 percent or 0.21 to hit $68.81 a barrel, while the July Brent oil contract rose 0.62 percent or 0.45 to trade at $72.78 a barrel. EUR/USD was unchanged 0.31 percent to 1.10, while EUR/GBP unchanged 0.52 percent to 0.88. The US Dollar Index Futures was down 0.04 percent at 101.07.
FTSE 100 rises as IAG, oil, mining stocks gain
The FTSE 100 Index rises 0.4 percent, or 34 points to 7736 as gains for International Consolidated Airlines, oil and mining stocks offset losses for InterContinental Hotels. IAG ascends nearly 3 percent and other airlines also climb after the owner of British Airways and Iberia raised its 2023 guidance. BP and Shell gain as Brent crude increases 1.5 percent to $73.60 a barrel and miners BHP, Anglo American and Rio Tinto are also among the biggest risers. Still, InterContinental Hotels drops 2.7 percent after the hotelier said chief executive Keith Barr was stepping down, pointed to ongoing economic uncertainty and said comparatives to 2022 would get tougher from the second quarter onwards.
Saudi Arabia stocks lower at close of trade; Tadawul all share down 1.30pc
Saudi Arabia stocks were lower after the close on Wednesday, as losses in the Telecoms & IT, Hotels & Tourism and Real Estate Development sectors led shares lower. At the close in Saudi Arabia, the Tadawul All Share fell 1.30 percent. The best performers of the session on the Tadawul All Share were Al Saif Stores for Development & Investment Company SJSC, which rose 3.19 percent or 2.80 points to trade at 90.70 at the close. Meanwhile, Retal Urban Development Company SJSC added 2.95 percent or 0.36 points to end at 12.58 and Naqi Water Co was up 2.55 percent or 2.20 points to 88.60 in late trade. Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 210 to 46 and 14 ended unchanged. Shares in Naqi Water Co rose to all time highs; up 2.55 percent or 2.20 to 88.60. Crude oil for June delivery was down 3.82 percent or 2.74 to $68.92 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July fell 3.66 percent or 2.76 to hit $72.56 a barrel, while the June Gold Futures contract rose 0.07 percent or 1.35 to trade at $2,024.65 a troy ounce. EUR/SAR was up 0.45 percent to 4.14, while USD/SAR unchanged 0.00 percent to 3.75. The US Dollar Index Futures was down 0.50 percent at 101.21.