News Corporation (NWS) traded on unusually high volume on Oct. 02, as the stock lost 1.03% to close at $13.39. On the day, News Corporation saw 1.1 million shares trade hands on 5,341 trades. Considering that the stock averages only a daily volume of 665,756 shares a day over the last month, this represents a pretty significant bump in volume over the norm.
October 02 was a positive day for Teranga Gold Corporation (TGZ:CA) as its stock finished the day having gained 7.9% to hit a price of $3.96 a share. The company reached a market cap of 426.04 million and has 107.59 million shares outstanding. Teranga Gold Corporation is a component of the the S&P/TSX SmallCap Index.
EDMONTON, Oct. 2, 2018 – Imperial Equities Inc. (“Imperial”) today has announced it has completed the Purchase of the Dynomax Building located at 7501 – 42 Street, Leduc, Alberta. The transaction, which closed on September 19, 2018 between 1917733 Alberta Ltd. and Imperial, is in the amount of $9,000,000.00 and is Imperial’s first acquisition in Leduc, Alberta.
Korean Air’s earnings will be weighed down by rising fuel costs, said Cape Investment and Securities on Oct. 2 lowering the target price to 40,000 won (US$35.89) from 44,000 won while maintaining a “buy” recommendation.
The Russian exchange’s FX and derivatives markets also saw minor increases in trading
Moscow Exchange (MOEX) released its trading volumes for September of 2018 this Monday. A comparison of the exchange’s report with last year’s results for the same period indicates a year-on-year slump in total trading volumes.
Bears have returned to target Hong Kong’s equities and currency after being blindsided in a painful short squeeze last month.
ESG criteria in fixed income funds should focus on company’s financial strength, rather than market sentiment
We haven’t learned the lessons of the 2008 financial crash, a leading economist told in an interview.
The U.S. economic expansion is probably only in its middle stages, with the chances of a recession in the next three years at a “below average” possibility, according to Goldman Sachs.
HSBC Mutual Fund has launched a new equity hybrid scheme called the HSBC Equity Hybrid Fund today. The open-ended hybrid scheme,an aggressive equity hybrid scheme, will invest predominantly in equity with a small exposure to fixed income instruments. The new fund offer is open for subscription till October 12.
According to the offer document shared by the company, the scheme will follow a flexicap investment strategy. Flexi cap strategy can invest across market spectrum depending on prevailing opportunities in the market. The fund will be jointly managed by Neelotpal Sahai (equity portion) and Sanjay Shah (debt portion).