38m ago
Great Eastern Shipping jumps 3.5% as Q1FY27 profit surges 159%; Restaurant Brands Asia rises 6.2%
Several India-listed companies posted stronger-than-expected quarterly results, led by Great Eastern Shipping, where profit nearly doubled and the stock rose 3.5%. Restaurant Brands Asia climbed 6.2% after reporting strong same-store sales. IREDA reported net profit up 36.8% year on year to ₹3.38 billion, while GPT Healthcare posted a 65.7% increase in net profit. The results point to improving earnings momentum and acted as positive catalysts for the respective stocks.
38m ago
1h ago
Strait of Hormuz tensions lift Chevron, Exxon results as US gasoline average hits $4.09 a gallon
Rising US-Iran tensions have strained energy flows through the Strait of Hormuz, tightening global crude supply. ExxonMobil posted second-quarter adjusted earnings per share of $6.06, or $12bn, while Valero Energy reported a record-high second-quarter net profit of $3.7bn. The average US gasoline price climbed to $4.09 a gallon, up 27 cents from January. The developments have directly pushed oil prices higher and boosted performance in refining-linked traditional assets.
1h ago
1h ago
SF Intracity expects 1H 2026 profit attributable to owners of no less than RMB301 million, up at least 120%
SF Intracity (9699.HK) issued a positive profit alert for the first half of 2026, forecasting profit attributable to owners of no less than RMB301 million, up at least 120% year on year. It also expects adjusted net profit of no less than RMB240 million, an increase of no less than 50%, and revenue of no less than RMB11,669 million, up at least 14%. The forecast falls under statutory disclosure requirements for Hong Kong-listed companies and directly reflects an improvement in the company’s fundamentals.
1h ago
1h ago
Paytm block deal, LIC stake sale and ONGC Mangaluru storage plan put Indian blue chips in focus
State-run Oil and Natural Gas Corporation (ONGC) is developing a 1.75 million tonnes petroleum storage facility at Mangaluru, with half of the capacity set aside for strategic reserves and the rest for commercial operations. Separately, three investors in Paytm parent One 97 Communications plan to sell shares worth up to Rs 2,002 crore at a 5% discount in a deal structured as a 100% secondary sale, meaning the company will not receive proceeds. LIC, Airtel and BSE were also among stocks on investors’ radar amid a broader market rise.
1h ago
1h ago
Japan’s five крупней brokers post sharp April–June profit gains, Nomura net up 39.2% to 145.5 billion yen
Five major Japanese securities firms reported sharp year-on-year increases in consolidated net profit for April–June. Nomura Holdings posted net profit of 145.5 billion yen, up 39.2%, while Daiwa Securities Group rose 80.6% to 56.4 billion yen and SMBC Nikko Securities jumped 2.5-fold to 26.7 billion yen. The gains were driven by stronger commission revenue from active bond trading amid rising interest rates and brisk equity transactions tied to semiconductor-related shares. Investment trust funds and fund wrap discretionary asset management services also contributed, according to Jiji Press.
1h ago
2h ago
NSE’s new closing auction debut stirs confusion after Nifty jumps 0.8% into the close
India’s National Stock Exchange (NSE) rolled out a new closing auction to replace the previous 30-minute volume-weighted average price (VWAP) method for setting official closes. The Nifty ended at 24,774.30, up 390.70 points (1.60%), after a 0.8% late surge at around 3:28 PM, while the Sensex closed at 78,639.03, up 544.39 points (0.70%). The 90-basis-point gap between the indices was far wider than the usual 5–10 basis points, pointing to immediate disruption in index pricing and derivatives settlement.
2h ago