Asia markets start holiday-shortened week mixed; India stocks edge lower
Publishing timestamp: 2024-02-12 01:23:09
Summary
The article discusses the mixed performance of Asian markets at the start of the week, with China remaining closed for the week. It mentions specific market movements in India, Australia, New Zealand, and Japan. It also discusses the performance of Wall Street, with the S&P 500 closing above the key 5000 level for the first time ever. The article mentions the resignation of an independent director at Paytm Payments Bank and the company's discussions with the Indian government. It also discusses the performance of the New Zealand dollar and the Reserve Bank of New Zealand's efforts to bring down inflation. The article mentions the failure of CSL's cardiovascular drug in a phase 3 trial and the impact on the company's stock. It also discusses the potential for investors to return to bonds and highlights some tech stocks in Citi's list of top picks. The article concludes by mentioning insider buys at New York Community Bancorp and the best-performing country ETFs year to date.
Sentiment: MIXED
Tickers: NYCB, .DXY, .SZI, .N225, PAYTM-IN, .IXIC, AUD=, EWJ, CSL-AU, @CL.1, .AXJO, ASHR, JPY=, .DJI, EIS, .KS11, .NSEI, NZD=, @DJ.1, .HSI, @LCO.1, .SSEC, PIN, .SPX,
Keywords: breaking news: markets, markets, business news, nasdaq composite, dow jones industrial average, economic events, shanghai, s&p 500 index, prices, wti crude (mar'23), australia, cnx nifty index, shenzhen component index, breaking news: asia, ice brent crude (apr'23), hang seng index, australian dollar/us dollar fx spot rate, one 97 communications ltd, dxy us dollar currency index, kospi index, asia economy, world markets, usd/jpy, s&p/asx 200, nikkei 225 index,