Chinese, Indian stocks favored over Japan in Asia’s second half
Mon, Jul 8, 2024 12:37 PM

Chinese, Indian stocks favored over Japan in Asia’s second half

A Flip by Shubhangi Gupta
Get it on Google Play
About a third of 19 Asia-based strategists and fund managers expect Chinese and Indian equities to outperform in the second half of the year, driven by anticipated Federal Reserve interest-rate cuts, low valuations, and post-election optimism. EM stocks in Asia are already outperforming, with the MSCI EM Asia Index beating the broader MSCI Asia gauge by the most since 2009 in the last quarter.

More great flips

IPOs to watch next week: A look at new public issues and SME listings

IPOs to watch next week: A look at new public issues and SME listings

📌EPC Company IPO set to open on October 8. This mainboard IPO seeks to raise ₹264 crore, with a price band of ₹92-95 per share. 📌Hydrocarbon-based Chemical Supplier IPO will be opening on October 8 and closing on October 10. 📌Next week will also see six SME companies listing their shares. On October 7, HVX Technologies and Saz Hotels will list on the NSE Emerge platform.

Open Flip
CRISIL upgrades Federal Bank’s fixed deposit rating: What this means?

CRISIL upgrades Federal Bank’s fixed deposit rating: What this means?

Investors should keep an eye on Federal Bank's stock in the upcoming trading session. The bank announced that CRISIL Ratings has maintained its short-term rating while upgrading the long-term fixed deposit rating. In detail, CRISIL confirmed its short-term fixed deposit rating at CRISIL A1+ and maintained the same for ₹15,000 crore worth of certificates of deposits.

Open Flip
Govt asks major steel players to use iron ore fines also for steel making

Govt asks major steel players to use iron ore fines also for steel making

To increase the usage of available raw materials, the Ministry of Steel has directed integrated steel players to make use of iron ore fines in steel making after its beneficiation. As per sources, the ministry has also suggested that players look at options like acquiring coking coal mines abroad. This is aimed at increasing the availability of raw materials at competitive prices, they said.

Open Flip

Join our Smart Investment Community

More than 2 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon