Mumbai: The removal of the Russian markets from MSCI and FTSE indices will not benefit Indian or other emerging markets (EMs) much, according to analysts. MSCI and FTSE Russell have announced deleting Russian equities at zero value from all the global and regional indices. “With the ongoing restrictions, FIIs (foreign institutional investors) are not allowed … Read more
(This story originally appeared in on Mar 02, 2022) Mumbai: Indian stock market could see additional foreign fund flows as in the wake of sanctions on Russian banks and businesses, global fund managers have started exiting Russia. On Tuesday, MSCI, the world’s leading index provider, said it will remove Russia and its companies from its … Read more
HONG KONG: Share markets were jittery in early Asia on Wednesday as trading was buffeted by a step-up in U.S. Treasury yields as well as volatile oil prices in the face of price-cooling moves by the United States and other nations. MSCI‘s broadest index of Asia-Pacific shares outside Japan slid 0.24%, while Japan’s benchmark Nikkei … Read more
Termed reverse arbitrage, the trades exploit spot-futures mispricing due to supply-demand factors like the recent MSCI rebalancing-induced heavy cash buying, or corporate actions that lead to heavy futures selling due to anticipated fall in cash market shares. Synopsis Normally, equity futures trade at a premium to the underlying spot price — called cash and carry … Read more
By Michael P. Regan The sun was just rising over New York on Nov. 9 when an announcement from Pfizer Inc. set in motion what would be one of this year’s heaviest days of volume in the US stock market — and one of the most shocking sessions in recent memory for the quants who … Read more
By Chris Bryant When the history of the modern financial era is written, there’s one comment that’s almost certain to merit inclusion: “Stocks only go up!” Sports-blogger turned day-trader Dave Portnoy’s pithy observation this summer was designed to both amuse and provoke. But if you’ve put money into US stocks since the market bottomed out … Read more
An expected surge in election-related volatility in the U.S. stock market is paving the way for Asian shares to make a run at besting their American peers. Since hitting an all-time low relative to the S&P 500 on Sept. 2, the MSCI Asia Pacific Index has outperformed the U.S. benchmark by almost five percentage points. … Read more
NEW DELHI: Hopes a US stimulus package, expectations of strong Q2 numbers and FII buying: These are the ingredients behind the relentless stock market rally that has pushed benchmark indices to near their eight-month high levels. But the big question that’s playing on everyone’s minds is if this is the opportune time to book some … Read more
Kohei Matsui is no stranger to India. As the portfolio manager of the Asia (Ex-Japan) Fund of Sparx Asset Management — one of the largest independent money managers in Asia — Matsui is studying India more closely than before and is looking to increase the fund’s exposure. In an interview with ET on the sidelines … Read more
IT services companies will also benefit from increased digitalisation of the economy, says Mark Matthews, MD, Julius Baer. This week’s action on Wall Street certainly is creating some uneasiness for market watchers. Is this the time to buy the sharp decline or is this the end of the road for markets this year? What is … Read more