Markets.
The Asian trading day as it happens — currencies, stocks, bonds and deals, with the context to read them.
Elitecon International Shares Surge on Board Appointments, Banking Resumption
Elitecon International's shares rallied 10% for two days after key board appointments and the resumption of banking operations, signalling a strategic revival for the Mumbai-listed small-cap company.
Nifty-Gold Ratio at 1.70 Reveals Indian Equities Undervalued
India's Nifty 50-gold ratio has fallen to 1.70, suggesting Indian equities may trade at attractive valuations compared to gold. This metric often gauges relative value between financial assets and safe-haven investments.
Citic Securities Sees A-Share Tech Rebound Despite Global Chip Sell-off
Leading Chinese brokerages, including Citic Securities, expect a rebound in domestic technology shares this August, contrasting with recent South Korean market declines.
Margin Debt on Shanghai, Shenzhen Bourses Falls 14% to 2.59tr Yuan in July
Chinese stock traders reduced leveraged positions by 14% in July, challenging Beijing's market stabilisation efforts amid a tech sell-off and global AI sentiment shift. This shows investor caution.