Stocks stall as investors digest lower Q2 growth !-- -- Catherine Talavera (The Philippine Star) - August 9, 2019 - 12:01am MANILA, Philippines Local shares
traded flat yesterday due to mixed reactions from investors on the lower-than-expected gross domestic product (GDP) results as well as the central bank's rate cut.
Summary: Mumbai (Maharashtra) [India], June 28 (ANI): Equity benchmark indices
traded flat during early hours on Friday as Asian stocks stumbled ahead of US President US Donald Trump's meeting with his Chinese counterpart Xi Jinping to ease simmering trade disputes.
The analyst notes however that while all fertilizer suppliers should be affected by the wet weather, and yet CF Industries (CF) and Nutrien (NTR) have
traded flat in the same period.
The stock market
traded flat on Monday, the first trading day of the week after the long Lenten break, as domestic investors traded with caution amid global oil price jitters.
Meanwhile, the Bond Market
traded flat in Friday's session, as market players wound up activities in what has been a characteristically weak trading week for bonds.
Trading in a narrow range, the rupee inched down by one paisa on the buying counter but
traded flat on the selling counter, retaining overnight rate unchanged in the first trading session when the dollar was seen changing hands at Rs124.25 and Rs124.26 against the previous week close at Rs124.24 and Rs124.26.
On the interbank market, the rupee/dollar parity
traded flat last week.
Sterling fell 0.3% versus the eurozone currency to 1.114, while the pound
traded flat against the US dollar at 1.320.
CEZ Distribution Bulgaria shares were
traded flat at BGN 235.0 in a volume of just 2 units as of 14:20 CET on the stock exchange in Sofia.
On the New York Mercantile Exchange, light, sweet crude futures for delivery in November CLX6, +0.06 percent
traded flat at $49.83 a barrel.
The dollar
traded flat. Light sweet crude oil for March delivery added $1.62 to $30.66 a barrel on the New York Mercantile Exchange, while gold futures climbed $3.20 to $1,211.40 an ounce.
Shares in Germany's DAX dropped 0.34 percent while the pan-European Stoxx 600
traded flat too.