market

Analysis: Stock market beyond finance

The benchmark index of the Dhaka bourse witnessed an erosion of 3.4% last week while the daily turnover slipped below the Tk1,000 crore-mark for the first time in the previous seven months Mahmud Hossain Opu/Dhaka Tribune

During the past 25 years, at least three stock market slumps have been recorded besides the usual ebb and flow of the market

Recently, news about the stock market made the headlines as investors incurred huge losses quickly.

It is not the first time this has happened; during the past 25 years, at least three stock market slumps have been recorded besides the usual

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5 things to know before the stock market opens Wednesday, Nov. 17

Here are the most important news, trends and analysis that investors need to start their trading day:

1. Wall Street looks steady after more retail earnings, near-record closes

Traders work on the floor of the New York Stock Exchange (NYSE) on November 15, 2021 in New York City.

Spencer Platt | Getty Images

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Avalanche “Ethereum-Killer” Cryptocurrency Grows to $28 billion Market Cap

“I’m Bullish on Blockchain, not Crypto”

Prolonged exposure to the trading or finance space will likely expose you to that sentence at nauseum. This sentiment is popular for good reason. In an age of rug pulls and decentralized-meme investment, the crypto space feels like the wild-west. Blockchain’s potential applications are likely as extensive as the internet’s in 1990, however, it’s current applications can make imagining that future hard.

The crypto-currency Avalanche (AVAX) is taking a step in taming the west. Avalanche is a smart-contracts platform similar to Ethereum, boasting large-scale improvements in efficacy. Avalanche claims that it has a

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Stock market loses N49bn as 24 firms decline

The equities market of the Nigerian Exchange Limited declined by N49.21bn at the end of trading on Wednesday as 24 firms saw their share prices fall.

The NGX All-Share Index dropped by 0.22 per cent to close at 43,349.9 basis points from 43,444.20bps on Tuesday, while the market capitalisation fell to N22.62tn from N22.67tn.

Market activities was negative as the total volume of shares exchanged fell to 264.79 million units valued at N6.08bn in 4,230 deals from 423.83 million units worth N11.65bn in 4,181 deals on Tuesday.

FBN Holdings Plc emerged as the most traded stock

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Business News | Stock and Share Market News | Finance News

NEW DELHI: Equity, currency and derivatives markets are closed for trading on Friday, November 19 as the Street and the nation observe Guru Nanak Jayanti. Commodity markets are closed for the morning session but will open in the evening.

The day marks the last trading holiday for the market in the current calendar year. The market will resume trading on Monday, November 22.

Meanwhile, the domestic market tanked sharply in the last three trading sessions, clipping nearly 1,100 points as inflationary pressure dealt heavy blows to the bulls. The weak listing of the mega IPO of

also hit investor confidence.

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The Warhol signal for the US stock market

In the bidding wars at Sotheby’s this week — where the former couple Harry and Linda Macklowe were parting with much of their art collection after a bitter divorce — there were a few mysterious lulls.

Several of the best-known works sold for less than expected. Alberto Giacometti’s Le Nez, a bronze long-nosed figure, was hammered below its $70m to $90m estimate before an Andy Warhol silkscreen of Marilyn Monroe went for $41m, only slightly above the low end of its expected price range. It was somewhat incongruous given the enthusiasm seen minutes earlier that helped set records for

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5 things to know before the stock market opens Friday, Nov. 19

Here are the most important news, trends and analysis that investors need to start their trading day:

1. Dow futures sink on concerns about Covid cases in Europe

Markets were higher after new Labor Department numbers showed that nonfarm payrolls increased by 531,000 for the month of October.

Spencer Platt/Getty Images

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This Wall Street Firm Sees A Negative Year Ahead For The Stock Market

Topline

With signs of excessive speculation and high valuations in the stock market, the current environment resembles a late-cycle bubble that is very much “similar” to the dotcom boom in 2000, Bank of America says, predicting a negative year ahead for stocks in 2022.

Key Facts

“There are too many similarities between today and 1999/2000 to ignore,” said analysts led by Savita Subramanian, head of U.S. equity and quantitative strategy at Bank of

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