Hong Kong stock market finished session lower on Wednesday, 05 May 2021, on following mixed cues from Wall Street overnight, after comments from Treasury Secretary Janet Yellen, who suggested interest rates may have to rise modestly to prevent the economy from overheating amid the recent spike in government spending. Meanwhile, continued surge in coronavirus cases in most of the markets in the region, particularly in India and Japan, also weighed down sentiments.
At closing bell, the benchmark Hang Seng Index declined 0.49%, or 139.16 points, to 28,417.98. The Hang Seng China Enterprises Index dropped 0.41%, or 43.85 points, to 10,721.87.
The sub-index of the Hang Seng tracking commerce & industry sector fell 1.45%, while the utilities sector was up 1.56%, the properties sector climbed 0.23% and the finance sector gained 0.32%
Indiamart Intermesh Ltd, Cigniti Technologies Ltd, National Peroxide Ltd and Quick Heal Technologies Ltd are among the other losers in the BSE s A group today, 30 April 2021.
Indiamart Intermesh Ltd, Cigniti Technologies Ltd, National Peroxide Ltd and Quick Heal Technologies Ltd are among the other losers in the BSE s A group today, 30 April 2021.
AU Small Finance Bank Ltd crashed 9.78% to Rs 1014.05 at 14:49 IST.The stock was the biggest loser in the BSE s A group.On the BSE, 1.81 lakh shares were traded on the counter so far as against the average daily volumes of 1.04 lakh shares in the past one month.
Indiamart Intermesh Ltd lost 8.81% to Rs 8020. The stock was the second biggest loser in A group.On the BSE, 17993 shares were traded on the counter so far as against the average daily volumes of 6996 shares in the past one month.
Indiamart Intermesh has indirectly, through its wholly owned subsidiary, Tradezeal Online Private, agreed to acquire 26% of the share capital of Shipway Technology on fully converted and diluted basis.
The company, through its wholly owned subsidiary, has agreed to acquire 100 equity shares and 4,088 Convertible Preference Shares (CCPS).
Shipway Technology is engaged in the business of developing SaaS based solutions which allow small businesses to automate their shipping operations.
Indiamart Intermesh has also agreed to acquire 3.02% of the share capital of Truckhall on fully diluted basis in addition to 22% of the share capital (on fully diluted basis) already held by the company.
Japan share market finished session sharp higher on Thursday, 22 April 2021, as investors chased for bargain hunting after sharp losses during the previous two sessions and following the positive cues overnight from Wall Street. However, concerns over Japan s plan to reintroduce coronavirus-related lockdown in major cities amid the continuing surge in coronavirus cases limiting the markets upside.
At closing bell, the 225-issue Nikkei Stock Average surged 679.62 points, or 2.38%, to 29,188.17. The broader Topix index of all First Section issues on the Tokyo Stock Exchange spurted 32.32 points, or 1.82%, to 1,922.50.
Total 31 sub-indexes of the 33 sector sub-indexes on the Tokyo exchange traded higher, with Marine Transportation, Iron & Steel, Electric Appliances, Machinery, Precision Instruments, Pharmaceutical, and Chemicals issues being notable gainers.