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Technology stocks are set to regain some of the momentum they’ve lost since the end of the first half as reduced crowding, strong earnings and more realistic valuations pull investors back toward them, according to JPMorgan Chase & Co. strategists.
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
The FBM KLCI is expected to trend within the 1,660-1,690 range this week, says analyst.
The FBM KLCI is expected to trend within the 1,660-1,690 range this week, says analyst.
Bank of Ghana Governor Dr Johnson Pandit Asiama has appointed the central bank’s Second Deputy Governor, Matilda Asante-Asiedu, to represent him on the Board of the Ghana Gold Board (GoldBod).
Rabobank’s RaboResearch Global Economics & Markets Global Daily frames a broad geopolitical risk backdrop, from Middle East tensions to US-China relations and potential great-power summits.
JOHANNESBURG: The South African rand slipped half a percent in early trade on Monday as the US-Iran standoff continued to drive oil prices higher, weighing on risk-sensitive currencies in oil-importing economies. At 0734 GMT the rand traded at 16.40 against the dollar , about 0.5% weaker than its previous close.
The gap between petrol’s actual cost and its retail price has widened further. Official documents show taxes, levies and margins account for a major part of the price. According to the documents, one litre of petrol costs Rs254.96 before additional charges. However, the current retail price has been set at Rs391.30 per litre.
