Tue, Oct 22, 2024 1:57 PM
Remedium Lifecare Ltd Hit Upper Circuit on October 22
A Flip by Avya Verma
Investors are leaving exchange-traded funds tied to specific themes, such as artificial intelligence and video gaming, as they flock to funds linked to broad stock-market benchmarks that are hitting record highs. The run for the exits, however, may slow if the broader market stumbles. Returns from broad market indexes are setting a higher bar for thematic funds this year.
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Britain's commercial property market is returning to life after its post-pandemic freeze, albeit largely at much lower prices. Some big-ticket office properties now on sale will show just where the market is likely to bottom out and how briskly UK deal volumes will recover - especially in the hard-hit office market.
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Randstad, the world's largest employment agency, on Tuesday reported quarterly profit slightly above expectations as trading conditions stabilized across some of its markets despite a challenging macroeconomic environment. Globally, hiring has slowed as workers avoid the risk of switching jobs in an uncertain environment and employers are reluctant to recruit.
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