Wall St little changed as healthcare stocks weigh
By Anya George Tharakan (Reuters) – U.S. stocks were little changed on Friday as a slide in Amgen dragged down the healthcare sector, offsetting gains in technology shares. The S&P 500 healthcare sector was off 0.4 percent, dragged down by a 6.3 percent drop in Amgen. Analysts said data from a large study testing the […]
Sensex, Nifty come off higher levels as profit taking creeps in
With stocks swinging between gains and losses amid alternate bouts of buying and selling, the market is a bit sluggish today, although it manages to hold on in positive territory.Optimism about the economy and hopes that the government will speed up reforms continue to keep investor sentiment upbeat. Profit taking after recent gains appears to […]
Tobacco stocks spare some gains after strong upmove
Cigarette companies’ shares posted strong gains today, riding on the GST Council’s proposal to cap the cess on tobacco and cigarettes.The cap on cess on tobacco and cigarettes will be 290% or Rs 4170 per 1000 cigarette sticks, or a combination of both, indicate reports. ITC, which is also an index heavyweight, is up 5% […]
Roundup: Equities gain marginally, Nifty crosses 9,200-mark intra-day
The Indian equity markets closed on Friday with marginal gains and the benchmark NSE Nifty hit another record intra-day high crossing the psychologically significant 9,200-mark for the first time. The wider 51-scrip Nifty of the National Stock Exchange (NSE) on Friday touched a new record intra-day high of 9,218.40 points. This broke its earlier record […]
US STOCKS SNAPSHOT-Wall St opens little changed
March 17 (Reuters) – U.S. stocks opened little changed onFriday as gains in technology stocks were countered by losses inhealthcare. The Dow Jones industrial average was up 25.48 points,or 0.12 percent, at 20,960.03, the S&P 500 was up 1.75points, or 0.073487 percent, at 2,383.13 and the Nasdaqcomposite was down 2.85 points, or 0.05 percent, at5,897.91. […]
Megasoft jumps after company bags contract from Bihar Government
Megasoft (7.8%) has risen sharply today following the company signing and MoU with Bihar government. The stock rose to Rs 23, its highest in more than a month, and is currently trading at Rs 21.70.On BSE, the Megasoft counter has clocked a volume of around 2.78 lakh shares so far in the session, more than […]
US STOCKS-Wall St little changed as healthcare stocks weigh
* Tiffany rises on 4th-qtr profit beat * Adobe up on strong quarterly results * Dow up 0.06 pct, S&P up 0.05 pct, Nasdaq down 0.03 pct (Updates to open) By Anya George Tharakan March 17 (Reuters) – U.S. stocks were little changed onFriday as a slide in Amgen dragged down the healthcare sector,offsetting gains […]
Indian soyoil futures rise tracking overseas markets
NEW DELHI, March 17 (Reuters) – Indian soyoil futures wereheaded for a third straight gaining session on Friday, trackingthe soyoil contract on the Chicago Board of Trade (CBOT) and theDalian Commodity Exchange, as well as palm oil on the BursaMalaysia Derivatives Exchange. April soyoil futures were up 1 percent at 642.70rupees ($9.82) per 10 kg […]
US STOCKS-Wall St set to open flat as investors seek new catalysts
* Tiffany’s up on 4th-qtr profit beat * Adobe jumps on strong quarterly results * Futures: Dow up 16 pts, S&P down 1 pt, Nasdaq up 2.5 pts (Adds details, comments, updates prices) By Anya George Tharakan March 17 (Reuters) – U.S. stocks looked set to open littlechanged on Friday as investors sought fresh cues […]
E-commerce transactions in Saudi Arabia amount to SR2.25 billion
Author: Arab NewsFri, 2017-03-17ID: 1489741188801108500The volume of e-commerce transactions in the Saudi market amounted to about SR2.25 billion in 2016, according to Secretary-General of the Consumer Protection Society Abdulrahman Al-Qahtani.Al-Qahtani said it is necessary to protect consumers who engage in transactions online from fraud and exploitation that can occur due to deceptive advertisements and unfair practices. He […]
