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Top News In ம்ஸ்ஸி வளர்ந்து வருகிறது சந்தைகள் குறியீட்டு Today - Breaking & Trending Today

Pinduoduo Smashes Analyst Expectations As Revenue Goes Vertical

E-commerce company Pinduoduo (PDD US) announced Q1 2021 financial results before the US market open. Topline growth was amazing, growing more than 3X from a year ago. ....

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Growth Stocks Rebound On Good, Not Great Economic Release

Online retail sales grew 27.6% year to date (YTD), while jewelry sales rose 48.3%, as highlighted by our friends at Jing Daily who track Chinese luxury goods consumption, restaurant spending grew 46.4%, and construction materials grew 30.8%, while office supplies increased only 6.7%. ....

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Ascentage Pharma (6855.HK) Becomes a Constituent of MSCI China Small Cap Index

Ascentage Pharma (6855.HK) Becomes a Constituent of MSCI China Small Cap Index
yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.

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MSCI upgrades Pakistan's weight in index

MSCI upgrades Pakistan’s weight in index
Business
May 13, 2021
KARACHI: The Morgan Stanley Capital International (MSCI) announced outcome of its semi-annual review whereby Pakistan now has a weight of 0.023 percent as compared to 0.016 percent previously.
Additionally, Pakistan’s weight in the small cap index has been revised to 0.379 percent. Pertinently, the changes will become effective from 28th May 2021.
Lucky Cement has been added to the MSCI Pakistan Index under MSCI Global Standard Indexes while Oil and Gas Development Company has been removed from it. The new constituents are MCB Bank, Habib Bank and Lucky Cement.
Under the MSCI Global Small Cap Indexes, TRG Pakistan has been added while Indus Motors, Lucky Cement, National Bank of Pakistan and Packages Limited have been removed. “We estimate inflows in the LUCK to the tune of $39.65 million (6.89 million shares at last closing price) while we estimate outflows in OGDC to clock in at $16.69 ....

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Asia shares spooked by US inflation scare, hope for Fed calm

SYDNEY: Asian shares slipped to seven-week lows on Thursday after a dismaying rise in U.S. inflation bludgeoned Wall Street and sent bond yields surging on worries the Federal Reserve might have to move early on tightening.
Higher inflation is a definite negative for equities, given the likely rates response, said Deutsche Bank macro strategist Alan Ruskin.
The more nominal GDP gains are dominated by higher inflation, especially wage inflation, the more the possible squeeze on profit margins. It plays to a more choppy, less bullish equity bias.
MSCI s broadest index of Asia-Pacific shares outside Japan lost 0.6%, though trade was thinned by holidays in a number of countries. ....

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