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Stocks breach 7,000-level on risk-on sentiments; peso weakens

MANILA - Risk-on sentiments reigned in the local bourse on Wednesday, with the main index rising to the 7,000-level, but the peso weakened against the US dollar. The main equities index increased by 1.09 percent, or 76.21 points, to 7,057.45 points. All Shares also gained during the day after it rose by 1.17 percent, or 50.97 points, to 4,409.14 points. The Property index posted the highest jump at 2.36 percent and was trailed by Services, 2.32 percent; Mining and Oil, 1.42 percent; Financials, ...
Luis Limlingan Holding Firms Regina Capital Development Corporation Manila Risk On Sentiments Reigned In The Local Bourse Wednesday Ith The Main Index Rising To 7 000 Level

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Ahead of Market: 12 things that will decide stock action on Tuesday

Ahead of Market: 12 things that will decide stock action on Tuesday SECTIONS Last Updated: May 17, 2021, 10:06 PM IST Share Synopsis Nifty formed a healthy bullish candle on the daily scale even as it negated the formation of lower highs and lows of the last three sessions. Getty Images Manish Hathiramani, Proprietary Index Trader and Technical Analyst of Deen Dayal Investments, said the market may remain bullish as it has managed to zoom past the 14,850 level. Related NSE By Sabari Saran New...
United Kingdom New Delhi Uttar Pradesh Mahesh Shah Cera Sanitaryware Marksans Pharma

Are stock prices slaves to earnings? Not in this rally - The Hindu BusinessLine

× It is said stock prices are slaves to earnings. It is the profit performance of companies that drive stocks to appreciate. But as the Sensex touched the much-awaited peak of 50,000 intra-day on Thursday, one cannot help but repeat the cliché - This time it’s different. Breaking down the Sensex’ 50K journey into 10k intervals shows that while the journeys from 10K to 20K and 20K to 30K were backed by profit growth for the index constituents, the jaunts from 30K to 40K and 40K to 50K were...
India Inc Stock Prices 000 Level இந்தியா இன்க் ஸ்டாக் ப்ரைஸஸ்

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