(RTTNews) - The Australian stock market is rising for a third straight day on Thursday following the positive cues overnight from Wall Street and on higher commodity prices. However, gains are modest as investors digested mixed local corporate earnings results.
Two companies missed out on Wednesday's bull market, on the back of the publication of their latest quarterly financials. Investors punished both for not delivering results that were satisfying enough.
Gold prices rose on Thursday as investors sold equities and sought the safety of bullion after a sharp jump in the death toll and infections from a coronavirus epidemic in China.
(RTTNews) - The Hong Kong stock market has finished higher in back-to-back sessions, accelerating more than 580 points or 2.1 percent along the way. The Hang Seng Index now rests just above the 27,820-point plateau and it may see additional support again on Thursday.
TechTarget (TTGT) came out with quarterly earnings of $0.27 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.18 per share a year ago. These figures are adjusted for non-recurring items.
(RTTNews) - Australian lender National Australia Bank Ltd. (NAUBF.PK, NABZY.PK, NAB.AX) reported flat first-quarter net profit of A$1.70 billion, and cash earnings of A$1.65 billion.
The Melbourne-based lender has again delayed the sale of its wealth management unit, citing a
(RTTNews) - The China stock market has climbed higher in seven straight sessions, advancing more than 180 points or 6.3 percent along the way. The Shanghai Composite Index now rests just above the 2,925-point plateau and it's predicted to open higher again on Thursday.
The yen rose from a three-week low against the dollar on Thursday after China's Hubei province, the epicentre of a coronavirus outbreak, reported a sharp jump in the number of new cases in a jolt to markets and sparking a flight for safe-haven assets.