Financial market – Exarnet http://exarnet.org/ Tue, 07 Dec 2021 20:40:42 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://exarnet.org/wp-content/uploads/2021/10/icon-1-120x120.png Financial market – Exarnet http://exarnet.org/ 32 32 Gilinski strikes again in an attempt to overthrow the Colombian financial market https://exarnet.org/gilinski-strikes-again-in-an-attempt-to-overthrow-the-colombian-financial-market/ Wed, 01 Dec 2021 14:12:58 +0000 https://exarnet.org/gilinski-strikes-again-in-an-attempt-to-overthrow-the-colombian-financial-market/ (Bloomberg) – Bank billionaire Jaime Gilinski has launched a bid of up to $ 1.2 billion to take a substantial stake in financial conglomerate Grupo Sura, just weeks after making an offer to take over a Colombian food maker . Bloomberg’s Most Read Gilinski and his son Gabriel are behind Grupo de Inversiones Suramericana’s offer […]]]>

(Bloomberg) – Bank billionaire Jaime Gilinski has launched a bid of up to $ 1.2 billion to take a substantial stake in financial conglomerate Grupo Sura, just weeks after making an offer to take over a Colombian food maker .

Bloomberg’s Most Read

Gilinski and his son Gabriel are behind Grupo de Inversiones Suramericana’s offer of $ 8.01 per share for up to 31.68%, announced Tuesday after market close. The offer, which represents a premium of over 27% over the closing price, will revert to shareholders after regulatory approval and could close by the end of this year or early January, according to a person with direct knowledge of the offer.

Gilinski, 63, partnered with the Abu Dhabi royal family last month in an attempt to buy food producer Grupo Nutresa SA in a deal that could be worth as much as $ 2.2 billion. The royal family is not a partner in the offer for Sura, the person said. JGDB Holding SAS presented a guarantee for the offer, according to a stock market file. Gilinski appears as legal representatives of JGDB Holding, according to the Colombian Companies Register.

The price “offers a slight advantage over the fundamental value of the company,” Credicorp Capital analysts Steffania Mosquera and Bianca Venegas wrote in a note.

Sura, Nutresa, Grupo Argos, and other Medellin-based companies form the Grupo Empresarial Antioqueño, or GEA, a trade association that uses a cross-investment system to push out take-over bids. If Gilinski succeeds in buying Nutresa, he will control the company’s 13% stake in Grupo Sura. Sura, in turn, owns a 35% stake in Nutresa.

Following the latest move, Gilinski could also be eyeing Grupo Argos, BTG Pactual analysts Daniel Guardiola, Alonso Aramburu and Daniel Callamand wrote in a report.

“One strategy for gaining influence within GEA could involve taking minority stakes in all groups,” they wrote.

Sura owns an insurer and an asset management company and owns a 46% stake in Bancolombia SA, Colombia’s largest bank. Its shares have risen 18% since Gilinski launched its takeover bid on Nutresa. Trading in the ordinary shares of Sura has been suspended following the offer. Preferred stocks, which continue to trade, jumped 21% to 24,100 ($ 6.11) in Bogota.

Gilinski, who had made most of his fortune in finance and private equity, is worth around $ 4.3 billion, according to the Bloomberg Billionaires Index, making him one of the most rich from Colombia.

(Add comments starting with the fourth paragraph.)

Bloomberg Businessweek Most Read

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Dr Demetrios Zamboglou: Overview of Global Financial Markets from Los Angeles | Stockwatch https://exarnet.org/dr-demetrios-zamboglou-overview-of-global-financial-markets-from-los-angeles-stockwatch/ Wed, 01 Dec 2021 10:53:25 +0000 https://exarnet.org/dr-demetrios-zamboglou-overview-of-global-financial-markets-from-los-angeles-stockwatch/ Cyprus and Greece are part of larger Milken Institute World Conference program Global leaders in finance, economics and technology gathered in Los Angeles to participate in the prestigious Milken Institute World Conference. Among the distinguished guests, proudly representing Cyprus, was the young entrepreneur Dr Demetrios Zamboglou. “I am deeply honored to have the opportunity to […]]]>

Cyprus and Greece are part of larger Milken Institute World Conference program

Global leaders in finance, economics and technology gathered in Los Angeles to participate in the prestigious Milken Institute World Conference. Among the distinguished guests, proudly representing Cyprus, was the young entrepreneur Dr Demetrios Zamboglou.

I am deeply honored to have the opportunity to attend. The Milken event was not just another conference, ”noted Dr Zamboglou. In addition to the valuable information shared during the panels, participants had the opportunity to engage in conversations and participate in cultural events, from the pop art exhibit to hiking in the Runyon Canyon, creating a true experience of connection.

During the conference, the Cypriot entrepreneur attended various panels focused on his area of ​​expertise like commerce, blockchain, sports promotion and artificial intelligence (AI), obtaining valuable insights from current and future business leaders.

Crypto Industry and Commerce Outlook

According to experts, trading commissions are now at their lowest levels in history, while traditional stocks have been made more accessible to retail traders through splitting. At the same time, digitization has bridged the gap between institutional and retail traders / investors, to the point of ubiquity.

“I have always been fascinated by trading, and the idea that you only need your cell phone to access global markets is both liberating and opportunistic. Nowadays, thanks to technological advances, anyone can access the markets from their mobile phone. Whether you want to trade stocks, commodities, cryptos or something else, now everything is possible with the push of a button, ”noted Dr Zamboglou.

Another interesting topic was the social aspect of commerce and the network effect. Dr Zamboglou commented that without any prior knowledge of finance, traders can emulate other traders by making passive trades based on traceable performance over time. Such activity can grow exponentially and traders can increase their positions depending on the network effect.

Additionally, the crypto market is thriving and delivering on its original promise of providing powerful functionality for everyone. The ability to trade cryptos for financial assets and convert / trade with Defi (decentralized finance) without human interactions is just one of the many notable milestones in the development of cryptocurrency.

References from Cyprus by renowned business leaders

Cyprus and Greece were not discussed separately, but both were part of a larger program on business acquisitions, regulations and helping suitable businesses in need of restructuring. Cyprus was also mentioned in topics referring to the purchase of non-performing loans, supply chain constraints and investment in the health sector.

Participants argued that Cyprus and Greece are international investment destinations, but investments are based primarily on the quality of management and investor confidence in their ability to generate pleasing returns; and they agree that Cyprus still has a long way to go there.

Milken Institute is a non-profit, non-partisan think tank that supports small groups of ambitious, curious and motivated young leaders who aspire to change the world for the better. Milken’s Young Leaders Circle selects the world’s best and brightest professionals between the ages of 25 and 40, from a diverse set of industries. Almost 300 members are located in Los Angeles, New York, London, Singapore and the MEA regions and are actively involved in programs, research and networking events. Dr Demetrios Zamboglou joined the London Chapter following an invitation last March.

Dr. Demetrios Zamboglou is the Chief Operating Officer (COO) of the Credit Financier Invest (CFI) group. Despite his many crypto-related roles and young people his age, Dr Zamboglou is a global financial markets veteran with over a decade of experience in trading, risk management and operations.


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Only 10% of financial market players see new Omicron variant as significant event, Deutsche Bank survey finds https://exarnet.org/only-10-of-financial-market-players-see-new-omicron-variant-as-significant-event-deutsche-bank-survey-finds/ Mon, 29 Nov 2021 18:21:05 +0000 https://exarnet.org/only-10-of-financial-market-players-see-new-omicron-variant-as-significant-event-deutsche-bank-survey-finds/ Spencer Platt / Getty Images A new flash poll by Deutsche Bank has shown that market players are not really concerned about Omicron. Only 10% of those polled see the new Omicron variant as the biggest topic in financial markets by the end of the year. When the World Health Organization labeled the new variant […]]]>
  • A new flash poll by Deutsche Bank has shown that market players are not really concerned about Omicron.
  • Only 10% of those polled see the new Omicron variant as the biggest topic in financial markets by the end of the year.
  • When the World Health Organization labeled the new variant on Friday, the Dow plunged 905 points.
  • Sign up for our daily newsletter here, 10 things before the opening bell.

As news of the new strain of coronavirus continued to grab the headlines, a new snap poll conducted by Deutsche Bank Research on Monday showed that most market participants are not really concerned about Omicron.

Only 10% of financial market participants consider the new variant to be the most important topic by the end of the year, based on 1,538 respondents surveyed on November 29.

About 60%, meanwhile, thought it would still be a problem but of moderate importance, while about 30% believe it will soon be forgotten.

Omicron level of concern

“For full disclosure, I would have chosen B with a bias closer to A than to C, so I’ll be just as offside if Omicron changes the game,” said Jim Reid, research strategist at Deutsche Bank, in an email.

Reid, who sent the snap poll, said responses from the United States were slightly more optimistic with only 8% selecting option C. In Europe, around 10% chose this option while in the UK. Uni, it was 12%. Asia however led the pack as the most optimistic country, with just 4% of them having selected option C.

Friday, when the World Health Organization labeled the new variant, the Dow Jones Industrial Average, plunged 905 points – at its biggest Black Friday sellout since 1931.

But on Monday, US stocks rebounded and extended their gains. Many analysts have maintained their relatively bullish outlook for equities.

“As the initial shock wears off a bit, traders may look to opportunities,” said Chris Larkin, managing director of trading at E-Trade Financial. “But keep in mind, as COVID continues to be a serious threat, we are in a very different place than we were at the start of the pandemic in terms of medical advancements and the strength of our economy.”


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Weekly Developments in Financial Markets 15 https://exarnet.org/weekly-developments-in-financial-markets-15/ Mon, 29 Nov 2021 06:10:08 +0000 https://exarnet.org/weekly-developments-in-financial-markets-15/ FINANCIAL MARKETS DEPARTMENT WEEKLY DEVELOPMENTS IN THE FINANCIAL MARKETS (15 – 19 NOVEMBER 2021) Main highlights Gross official foreign exchange reserves increased by US $ 1.0 million to close the review week at US $ 395.46 million (1.58 months of imports). The Kwacha maintained the gradual decline in value against the US dollar in November […]]]>

FINANCIAL MARKETS DEPARTMENT

WEEKLY DEVELOPMENTS IN THE FINANCIAL MARKETS

(15 – 19 NOVEMBER 2021)

Main highlights

Gross official foreign exchange reserves increased by US $ 1.0 million to close the review week at US $ 395.46 million (1.58 months of imports).

The Kwacha maintained the gradual decline in value against the US dollar in November 2021, but has since recorded net gains against other currencies of major trading partners. The Kwacha closed at 823.2683 K to the US dollar on the 19e November 2021.

Liquidity conditions on the domestic money market remain very tight with the daily average excess reserves of commercial banks, before borrowing from the central bank, with a negative average of K 99.5 billion per day during the exam week.

Primary auctions of Treasury securities continue to be heavily underwritten and sub-assigned. The cumulative allocation ratio on issuance planned for the 2021/22 financial year has indeed fallen to 42.84% against 47.49% recorded in mid-October 2021.

Oil prices have fallen below US $ 80 a barrel due to European concerns over COVID. Brent oil prices fell 3.4% to US $ 78.40 per barrel, its

the lowest since early October, after peaking at US $ 82.24 per barrel.

Gross official foreign exchange reserves increased slightly by around US $ 1.0 million to end the review period at US $ 395.46 million (1.58 months of imports). This is in contrast to the $ 7.7 million decline recorded in the previous week.

Supply in the retail forex market continues to lag behind demand as expected on a seasonal basis. ADB purchased a total of US $ 22.37 million from the market during review week, compared to US $ 26.47 million recorded the previous week.

1

The Kwacha maintains a gradual depreciation against the US dollar in November 2021, being losing 0.06% (46 tambala) during the review period and 0.23% (K1.93) during the first three weeks of the month.

However, the Kwacha made net gains against other currencies of major trading partners during the month.. The Kwacha lost 2.22% (K25.99) against the British pound during the review week to moderately counter the cumulative gain of 2.34% (K27.90) recorded in the first two weeks of November 2021. In the same review week, the Kwacha gained 1.73% (K18.12) and 0.63% (37 tambala) against the euro and the South African rand, respectively, to carry the cumulative gain against the euro in November 2021 at 1.06%

(11.05) and against the Rand at 0.48% (28 tambala).

Liquidity conditions on the domestic money market remained very tight as captured by the daily average of excess reserves of commercial banks, before borrowing from the central bank, which stands at minus 99.5 billion K against 94.5 billion less observed during the week ended 12e November 2021. The further tightening of liquidity conditions reduced loanable funds on the interbank market and increased commercial bank borrowing from the central bank. As a result, the volume of interbank transactions decreased to K14.8 billion per day from K22.7 billion per day recorded the previous week while access to the Lombard facility increased to K106.8 billion. per day against 105.9 billion K per day.

IBR remains firm and closely aligned with policy rate at 11.98 percent. Thus, the IBR continues to be located in the target corridor of + 0.2 / -4.0percentage points around the key rate.

The central bank’s total operations with commercial banks contracted during the review week, removing a net amount of about K 2.4 billion from the banking system. The net maturity of Treasury securities and customer deposits of commercial banks transferred to the central bank representing liquidity injections into the banking system at K 2.4 billion and K 4.9 billion, respectively, was fully offset by government net revenue withdrawals at K 7.2 billion, central bank net foreign exchange operations at K 49 million and central bank net open market operations at K 2.3 billion by K.

Primary auctions of Treasury securities continue to be largely under-subscribed and under-allocated.A total of KAR 3.7 billion has been subscribed and fully allocated in the primary treasury bill market against a planned issuance of KK 17.0 billion. This represents an allocation / expected issue ratio of 21.58%. The above reduced the cumulative allocation ratio of Treasury securities on the issue planned during the 2021/22 financial year to 42.84%, from 43.44%, while increasing the allocation ratio on 88.00% subscription against 87.86%.

Oil prices have fallen below US $ 80 a barrel amid European concerns over COVID. Brent oil prices fell 3.4% to US $ 78.40 per barrel, its lowest since early October, after peaking at US $ 82.24 per barrel.

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Reserve Bank of Malawi published this content on November 29, 2021 and is solely responsible for the information it contains. Distributed by Public, unedited and unmodified, on November 29, 2021 06:09:07 AM UTC.

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Dubai Financial Market Market Value Reaches $ 4.2 Billion In 3 Weeks https://exarnet.org/dubai-financial-market-market-value-reaches-4-2-billion-in-3-weeks/ Wed, 24 Nov 2021 06:33:51 +0000 https://exarnet.org/dubai-financial-market-market-value-reaches-4-2-billion-in-3-weeks/ The market value of the Dubai Financial Market (DFM) has jumped 270% in less than a month since Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Vice President of Dubai and Deputy Prime Minister and Minister of Finance, started overseeing the local stock exchange. The value of stock market transactions stood at 15.5 billion dirhams […]]]>

The market value of the Dubai Financial Market (DFM) has jumped 270% in less than a month since Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Vice President of Dubai and Deputy Prime Minister and Minister of Finance, started overseeing the local stock exchange.

The value of stock market transactions stood at 15.5 billion dirhams ($ 4.2 billion) as of November 23, while the market capitalization reached 38.5 billion dirhams, the Dubai Media Office reported.

On October 31, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President, Prime Minister and Ruler of Dubai, instructed the Vice-Governor to oversee the “development of local stock exchanges and the creation of strategic plans to develop markets Dubai financiers “.

Within three weeks of the appointment, the total number of stock trades jumped 222% to 146,000. The general index of DFM also increased by 13.74% during the same period.

“Strong results in the performance of the financial market [have been recorded since the deputy ruler was tasked] to oversee Dubai’s financial markets and stock exchanges on October 31, 2021, ”the Dubai Media Office said.

Earlier this month, Dubai announced plans to list 10 government and public companies on the DFM and expand the size of the stock market to 3 trillion dirhams.

The emirate has also launched a market making fund worth 2 billion dirhams and another fund worth 1 billion dirhams, to encourage companies in the technology sector to go public.

The DFM, which operates the local exchange, also announced a series of new incentives to encourage initial public offerings and stock market listings.

(Written by Cleofe Maceda; edited by Seban Scaria)

Cleofe.maceda@refinitiv.com

Disclaimer: This article is provided for informational purposes only. The Content does not provide any tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Read our full disclaimer here.

© ZAWYA 2021


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Stocks collapse amid liquidity crisis in financial markets https://exarnet.org/stocks-collapse-amid-liquidity-crisis-in-financial-markets/ Mon, 22 Nov 2021 16:40:00 +0000 https://exarnet.org/stocks-collapse-amid-liquidity-crisis-in-financial-markets/ Dhaka shares plunged on Monday after declining slightly in the previous session as investors decided to sell off stocks heavily amid sudden stress on money market liquidity. DSEX, the key index of the Dhaka Stock Exchange, lost 0.89%, or 63.37 points, to close at 7,022.29 points on Monday after losing 6.14 points in the previous […]]]>

Dhaka shares plunged on Monday after declining slightly in the previous session as investors decided to sell off stocks heavily amid sudden stress on money market liquidity.

DSEX, the key index of the Dhaka Stock Exchange, lost 0.89%, or 63.37 points, to close at 7,022.29 points on Monday after losing 6.14 points in the previous session.

Before the losses in two sessions, the DSEX had gained 162 points in four sessions.

The market started with some upside down moves and fell sharply to end the session deep in the negative zone as investors opted for massive sell-offs, market participants said.

In addition, investors have become cautious following media reports that many banks have faced a shortage of liquidity in recent days due to an increase in lending activity.

In addition, the Bangladesh Bank has recovered around Tk 70,000 crore from the banking system by issuing treasury bills in the past four months.

EBL Securities said in its daily market commentary: “Growing concerns over liquidity stress in the money market are also viewed with caution by investors.

The stock prices of all but two banks fell that day following a significant rise in their stock prices in previous sessions.

Average share prices of the banking and non-bank financial institutions sectors fell 2.9% and 1.7% respectively.

In addition, the transactions of around 20 companies, including Beximco Pharmaceuticals, BEXIMCO, Square Pharmaceuticals, United Power Generation Company and GPH Ispat, remained on hold for record dates regarding corporate statements that weighed heavily on the figure. stock market business as well as on the Monday index.

DSE revenue fell to Tk 1,226.04 crore on Monday from Tk 1,786.27 crore in the previous session.

Due to the low attendance on the trading floor, many investors became nervous that day, market participants said.

Among the leading companies, the stock prices of British American Tobacco Company, City Bank, LankaBangla Finance and LafargeHolcim Bangladesh fell on that day.

The market gained momentum ahead of the two-day losses after the Bangladesh Securities Commission authorized the Capital Market Stabilization Fund on November 16 to lend Tk 100 crore to the Bangladesh investment company for investments in the stock market and removed the index margin. credit facilities on Nov. 15, market operators said.

DS30, a composition of 30 large-cap companies, fell 0.62%, or 16.85 points, to close at 2,666.99 points on Monday.

Of the 373 scripts traded on the DSE on Monday, 216 declined, 104 advanced and 39 remained unchanged.

The share price of ACME Pesticides Limited, which debuted on November 14, soared from the high allowed on the seventh day to close at Tk 19.3 per share on Monday.

The DSES Sharia Index lost 0.29%, or 4.29 points, to 1,470.97 points.

The DSMEX index, an index of the SME platform, fell 0.73%, or 7.5 points, to close at 1,013.12 points on Monday.

One Bank topped the turn-around table with shares valued at Tk 142.57 crore changing hands that day.

IFIC Bank, NRB Commercial Bank, First Security Islami Bank, Fortune Shoes, Paramount Textiles, Orion Pharmaceuticals, Delta Life Insurance, Premier Bank and Mercantile Bank were the other top revenue leaders for the day.


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Weekly Developments in Financial Markets 08 https://exarnet.org/weekly-developments-in-financial-markets-08/ Fri, 19 Nov 2021 16:24:17 +0000 https://exarnet.org/weekly-developments-in-financial-markets-08/ FINANCIAL MARKETS DEPARTMENT WEEKLY DEVELOPMENTS IN THE FINANCIAL MARKETS (08 – 12 NOVEMBER 2021) Main highlights Gross official foreign exchange reserves decreased by US $ 7.7 million to close the review week at US $ 398.56 million, which is sufficient to cover 1.59 months of imports. The Kwacha continues to perform against the currencies of […]]]>

FINANCIAL MARKETS DEPARTMENT

WEEKLY DEVELOPMENTS IN THE FINANCIAL MARKETS

(08 – 12 NOVEMBER 2021)

Main highlights

Gross official foreign exchange reserves decreased by US $ 7.7 million to close the review week at US $ 398.56 million, which is sufficient to cover 1.59 months of imports.

The Kwacha continues to perform against the currencies of major trading partners given the lean season. The Kwacha closed at 822.8035 K to the US dollar on 12e November 2021.

Liquidity conditions on the domestic money market remain very tight with the daily average excess reserves of commercial banks, before borrowing from the central bank, with a negative average of K 94.5 billion per day during the exam week.

Tense liquidity conditions in the banking system continue to affect subscriptions and allocations on the primary market for Treasury securities. The government has lifted about half of the planned issuance in the primary treasury bill market and insignificantly in the treasury bill market.

Inflation accelerated more than expected in October, driven by higher food and fuel prices. Headline inflation has reached

9.8%, compared to 8.9% in September 2021 and 7.5% in October 2020.

International oil prices have stabilized after sharp swings in the outlook for increased oil supply. Crude oil prices fell 0.8% to US $ 82.17 per barrel in the week ending 12e November 2021.

Gross official foreign exchange reserves decreased by US $ 7.7 million to end the review period at US $ 398.56 million, which is sufficient to cover 1.59 months of imports. This is compared to a drop of US $ 3.44 million recorded in the previous week.

Supply in the retail foreign exchange market improved, but remained weak relative to demand ADBs buying on the market a total of US $ 26.47 million compared to US $ 21.3 million recorded during the week ended 5e November 2021.

The Kwacha generally continues to perform against the currencies of major trading partners during the lean season. The Kwacha lost 0.04% (29 tambala) against the US dollar to close the review week at 822.8035 K to the US dollar. Likewise, the local unit lost 0.60% (35 tambala) in value against the South African rand. On the other hand, during the same period, the Kwacha gained 1.07% (K12.72) and 1.38% (K14.61) in value against the British pound and the euro, respectively.

So far, almost midway through the fourth quarter of 2021, the Kwacha has lost only 0.08% (64 tambala) against the US dollar., 0.24% (K2.84) against the pound, 1.82% (K18.68) against the euro and 0.40% (K24 tambala) against the rand. This year up to 12e In November 2021, the Malawian Kwacha depreciated 6.5% against the US dollar.

In sub-Saharan Africa, currencies showed mixed performance. The Tanzanian shilling has depreciated 7.8% so far this year, while the Nigerian naira has weakened 7.1% against the US dollar. In contrast, the Zambian kwacha appreciated 18.4% against the US dollar, while the Angolan Kwanza appreciated 7.5% against the dollar.

Liquidity conditions on the domestic money market remained very tight, while recording an improvement as illustrated by the increase in daily excess reserves of commercial banks, before borrowing from the central bank, at an average of minus K94.5 billion per day of less than K109.2 billion per day recorded during the week ended 5e November 2021. As a result, the resources available in the interbank market have increased and borrowing from the central bank, as a last resort, has decreased. The volume of interbank exchanges increased to K 22.7 billion per day compared to

14.9 billion K per day observed during the previous week while access on the Lombard facility fell to 105.9 billion K per day against 118.8 billion K per day.

IBR remains firm and closely aligned with policy rate at the resistance level of 11.98 percent. Thus, the IBR continues to be located in the target corridor of + 0.2 / -4.0percentage points around the key rate.

The central bank’s total operations with commercial banks were expansionary during the review week, injecting a net amount of about K18.6 billion into the banking system. Liquidity injections were recorded for the central bank’s foreign currency purchases on the market (K 4.1 billion), public cash deposits with commercial banks transferred to the central bank (K 10.0 billion ), the purchase by the OMO of

Treasury securities (K4.0 billion), and net commercial bank borrowing from the central bank on the Lombard facility (K4.7 billion). In contrast, government operations, dominated by the net issuance of Treasury securities, withdrew K 4.4 billion from the banking system.

The tightening of liquidity conditions in the banking system continues to affect subscriptions and

allocation on the primary market of Treasury securities. A total of about K21.5 billion was raised in the primary markets for Treasury bills (K 0.1 billion) and Treasury bills (K 21.3 billion) against a planned issuance of K 62.0 billion. The planned allocation / issue ratio was 0.78% for Treasury bills and 47.41% for Treasury bills with all offers accepted.

Cumulatively over the 2021/22 financial year, the ratio of allocation of Treasury securities to planned issues has fallen to 43.44% 44.44% while the allocation / subscription ratio rose from 86.92% to 87.86%.

Inflation accelerated more than expected in October 2021, driven by rising food and fuel prices. Headline inflation jumped to 9.8% from 8.9% in September 2021. Food inflation, which contributes almost half of the consumer price index (CPI), climbed to 11 , 8%, compared to 10.9% in September 2021. Inedibleinflation rose to 7.8% from 7.2% in September 2021. The transport component of inflation rose slightly to 12%, from year to year,by far the biggest contributor.

In the sub-Saharan Africa region, inflation developments have been mixed. In Angola, inflation climbed for the seventh consecutive month to 26.9% in October 2021, its highest level since July

2017. Inflation in Mozambique accelerated for the third consecutive month to 6.4%, from 6.0% the previous month, mainly driven by food prices. Inflation in Botswana accelerated to 8.8% in October, from 8.4% in September 2021. In Ghana, inflation accelerated for the fifth consecutive month to 11.0% in October 2021, against 10.6% in September 2021. This is the highest level of inflation since July 2020. In contrast, inflation in Zambia slowed to 21.1% in October 2021, against 22.1% in September 2021. Inflation in Nigeria fell for the seventh consecutive month to 15.9% in October 2021, from 16.63% the previous month. Inflation in South Africa stood at 5.0%, unchanged from the previous month. Inflation in Tanzania stood at 4.0% in October 2021, unchanged from the previous month.

International oil prices have stabilized, after sharp swings in expectations for increased oil supplies. Crude oil prices were at US $ 81.52 per barrel. OPEC +, a group made up of OPEC, Russia and other countries, has maintained an unprecedented restraint on production, even as prices have rebounded from the depths of the early stages of the coronavirus pandemic. Oil prices have reached a multi-yearpeak of US $ 86.70 per barrel in October 2021, its highest level since October 2018.

Disclaimer

Reserve Bank of Malawi published this content on November 19, 2021 and is solely responsible for the information it contains. Distributed by Public, unedited and unmodified, on November 19, 2021 04:23:06 PM UTC.

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The art of investing: how to profit from a changing financial market https://exarnet.org/the-art-of-investing-how-to-profit-from-a-changing-financial-market/ Mon, 15 Nov 2021 14:54:00 +0000 https://exarnet.org/the-art-of-investing-how-to-profit-from-a-changing-financial-market/ Investments are a great way to earn a huge amount in a shorter period of time. But at the same time, you cannot become a billionaire or a millionaire with a good understanding of the market and investment strategies. There are a lot of things to consider before making an investment. It also depends on […]]]>

Investments are a great way to earn a huge amount in a shorter period of time. But at the same time, you cannot become a billionaire or a millionaire with a good understanding of the market and investment strategies.

There are a lot of things to consider before making an investment. It also depends on the weather too. Especially as the market moves, this global coronavirus pandemic has had an effect on almost every industry.

The investment space has also experienced several obstacles due to the difficult times. The market is changing now. You have to play it safe if you want to make big returns. This article is all about that.

How to profit from a changing financial market

As we have said before, this article aims to guide you with the things you need to do when planning to generate returns when the market moves. So, now, without wasting a single minute, let’s check out the obvious strategies you need to follow.

Do your research

Research holds the key to success for any type of investment. So when you are considering investing in stocks, or real estate, or even cryptocurrencies, you should do your research first. There is no shortcut here; you just have to do it.

So if you are planning to invest in Bitcoin before logging into Bitcoin up, or any other trading platform, you need to do foolproof research so that you don’t run into any issues during the whole trading process and earn a lot of money.

Follow the market trend

You should be fully aware of recent and current market trends before placing your money in any form of investment. Whether it’s the real estate industry, regular stock, or the crypto space, we all know the market fluctuates.

If we do not follow the current market trend, we will not be able to make a proper decision, which will help us make the investment appropriately and get more returns than usual.

Be updated with the latest events

As we mentioned, you have to follow the market, you have to stay on top of everything that is happening in the market. When you are fully aware of the market position, you will be able to develop reliable planning.

The last thing you will want is to invest in an asset that is not performing well in the market or miss out on the asset that is showing fantastic results. Thus, always stay up to date with the news of the particular investment market in which you wish to invest.

Don’t be influenced by others

Whenever a change occurs in the market, investors start to plan differently. As a result, some of them taste success while others fail with their not so good strategies. But they learn from their mistakes.

One thing you should always keep in mind is that what works or has worked for someone else might not work for you. Thus, it will always be good not to follow others and to get to your destination on your own. You can take their suggestions but make your own way.

Plan your investment

The most important thing for investors is planning. It becomes non-negotiable when the market moves. You should always be prepared with a number of plans. So, in case “Plan A” doesn’t work, you will have “Plan B” and “Plan C” to achieve the success you desire.

When making a plan, you need to consider all of the points and strategies that we have mentioned above. As we mentioned, instead of following others and following in other people’s footsteps, make your own path.

The art of investing

When you will be able to come up with a suitable investment plan by implementing all the points we have talked about, you will be able to come up with a suitable solution as the market evolves. It is indeed the art of investing.


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three of four debuts soar in financial market created to extend financial lifeline to small businesses https://exarnet.org/three-of-four-debuts-soar-in-financial-market-created-to-extend-financial-lifeline-to-small-businesses/ Mon, 15 Nov 2021 01:48:39 +0000 https://exarnet.org/three-of-four-debuts-soar-in-financial-market-created-to-extend-financial-lifeline-to-small-businesses/ The Beijing Stock Exchange began trading on Monday, with three-quarters of the carefully selected 81 stocks opening higher in their debut, supporting the Chinese president’s decision commit to supporting small and medium-sized businesses which he nicknamed the “little giants” of the world’s second-largest economy. Sixty of the shares rose 0.2 percent to nearly 500 percent […]]]>

The Beijing Stock Exchange began trading on Monday, with three-quarters of the carefully selected 81 stocks opening higher in their debut, supporting the Chinese president’s decision commit to supporting small and medium-sized businesses which he nicknamed the “little giants” of the world’s second-largest economy.

Sixty of the shares rose 0.2 percent to nearly 500 percent at the start of trading, before the rally faded when the market closed. Shares of Henan Tongxi Transmission, a maker of driveshafts and other vehicle parts, jumped 494% as the best performance, while Tonghuijiashi (Beijing) Information Technology was the worst with a loss of 16% .

As of Monday’s close, 19 companies closed higher, 59 lower while three were shut down.

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Seventy-one of the newbies transferred from an over-the-counter market in the Chinese capital known as the National Equities Exchange & Quotations, or NEEQ, which had struggled to attract investors since its inception in 2012 due to the lack of liquidity. Ten shares were traded for the first time.

Still, the revamped Beijing Stock Exchange – which went into operation two months after President Xi Jinping ordered its creation – is an attempt to put back a financial lifeline to help the private sector and innovative companies raise capital.

This creation marks a new stage in the expansion of the $ 12.4 trillion Chinese stock market, already the largest in the world after the US market. It is in addition to the Shanghai and Shenzhen stock exchanges, which were established in 1990 to test China’s economic reforms.

Beijing’s rise came at the expense of the Shanghai and Shenzhen stock exchanges. Two benchmark gauges that track small-cap stocks on the Star Market and the ChiNext board fell more than 0.5% amid concerns over an overabundance of these small companies.

“Small companies are no longer scarce, so their valuations should be reset,” said Wei Wei, analyst at Ping An Securities. “Investing in companies on the Beijing Stock Exchange must be a selective basis for attracting those with great growth potential and competitive advantages. “

China appeals to academic Xu Ming, known as a market reformer, as the first chairman of the Beijing Stock Exchange Photo: Weibo

The Beijing Stock Exchange had a forerunner in a short-lived marketplace established in 1918 for trading in government bonds, which declined with the relocation of the Kuomintang-controlled government to Nanjing nine years later, shutting down completely. with the outbreak of World War II. .

At a ceremony marking the birth of the new stock exchange, chairman of the China Securities Regulatory Commission, Yi Huiman, said the new stock exchange has an important role to play in promoting innovation and innovation. small business transformation.

The scholarship will be mainly suitable for small businesses engaged in cutting-edge manufacturing and service industries, complementing the Shanghai Nasdaq-style star market and the ChiNext start-up board of the Shenzhen Stock Exchange. Financial support for the bulk of China’s small businesses is seen as critical to its economy, which has struggled with a slowdown over the past two quarters amid rising inflation and blackouts.

The logo of the Beijing Stock Exchange in China can be seen on a stock chart in this illustrative photo taken on November 12, 2021. Photo: Reuters

The logo of the Beijing Stock Exchange in China can be seen on a stock chart in this illustrative photo taken on November 12, 2021. Photo: Reuters

About four million investors – those with at least 500,000 yuan of assets in stock accounts – are now eligible to trade stocks on the Beijing Stock Exchange, according to the exchange. Qualified Foreign Institutional Investors (QFII) and licensed foreign traders holding the yuan offshore can also buy and sell shares on the Beijing Stock Exchange, he added. About 85 percent of these registrations are private companies, while the remainder are partly public entities.

The minimum capitalization to be listed in Beijing is 200 million yuan ($ 31.3 million). The operator promised a faster listing approval process and will tolerate a wider daily trading band.

It will take two months to process registration requests, compared to three months for the Shanghai Star Market. Its daily cap of 30% on stock movements is more flexible than the 20% allowed on the Star Market and the 10% for parent companies in Shanghai and Shenzhen.

“The establishment of the new scholarship can help improve confidence in the development of [smaller companies] and innovation, ”said Chris Liu, portfolio manager at Invesco. “It also helps reduce the economy’s dependence on bank loans and a high leverage ratio. “

More from South China Morning Post:

This article Beijing Stock Exchange: Three of four debuts soar in financial market created to extend financial lifeline to small businesses first appeared on South China Morning Post

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Blockchain technology in the financial market is expected to experience significant growth between 2021 and 2027 with major players IBM, Microsoft, Accenture, AlphaPoint https://exarnet.org/blockchain-technology-in-the-financial-market-is-expected-to-experience-significant-growth-between-2021-and-2027-with-major-players-ibm-microsoft-accenture-alphapoint/ https://exarnet.org/blockchain-technology-in-the-financial-market-is-expected-to-experience-significant-growth-between-2021-and-2027-with-major-players-ibm-microsoft-accenture-alphapoint/#respond Fri, 29 Oct 2021 10:54:53 +0000 https://exarnet.org/blockchain-technology-in-the-financial-market-is-expected-to-experience-significant-growth-between-2021-and-2027-with-major-players-ibm-microsoft-accenture-alphapoint/ Blockchain technology is likely to be a key source of future innovation in financial markets. It allows the creation of immutable transaction records accessible by all participants in a network. Blockchain technology in finance The market was valued at $ xx million in 2021 and is expected to reach $ xx million by 2027, growing […]]]>

Blockchain technology is likely to be a key source of future innovation in financial markets. It allows the creation of immutable transaction records accessible by all participants in a network.

Blockchain technology in finance The market was valued at $ xx million in 2021 and is expected to reach $ xx million by 2027, growing at a CAGR of xx% from 2021 to 2027.

A blockchain database is made up of a number of blocks “chained” by a reference in each block to the previous block. Each block records one or more transactions, which are essentially changes in the listed owner of the assets. New blocks are added to the existing chain through a consensus mechanism in which members of the blockchain network confirm the validity of transactions.

The technology enables the creation of a “fully peer to peer, no trusted third party” network, such as a government agency or financial institution.

However, the blockchain has gone beyond Bitcoin. When it comes to cryptocurrencies, there are networks and exchange media that use cryptography to secure transactions such as Litecoin, Ripple, and Monero (Buterin, 2013, 2014). When it comes to issuing, trading and settling securities, there are companies that go public and issue shares directly.

Along with this, the report explains the main challenges and risks to be faced during the forecast period. Blockchain technology in the financial market is segmented by type and by application. Players, stakeholders, and other participants of the Global Blockchain Technology in Financial Market Market will be able to gain the upper hand by utilizing the report as a powerful resource.

Key players

  • IBM
  • Microsoft
  • Accent
  • AlphaPoint
  • ConsenSys
  • Digital asset
  • EquiChain
  • Infosys
  • R3CEV

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Here are the main points covered in this report:

  • The number of procedures performed and the average cost.
  • Replacement rate and pricing for capital goods.
  • Commercial dynamics in relation to the market in question – Trends, drivers, constraints and opportunities.
  • New product launches, market and technological trends and innovation.

The report further elaborates with market SWOT analysis, investment viability analysis and ROI analysis and establishes a strategic perspective for the pandemic.

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Market segmentation

By type

  • Public blockchain
  • Private blockchain
  • Blockchain authorized

By application

  • Syndicated loans
  • Assurance
  • Trade finance
  • Cross-border payments
  • Others

Regional analysis:

  • North America (United States, Canada and Mexico)
  • Europe (Germany, France, United Kingdom, Russia and Italy)
  • Asia Pacific (China, Japan, Korea, India and Southeast Asia)
  • South America (Brazil, Argentina, Colombia, etc.)
  • The Middle East and Africa (Saudi Arabia, United Arab Emirates, Egypt, Nigeria and South Africa)

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Detailed TOC of Blockchain technology in finance Market Research Report-
1. Introduction.
2. Analysis of the market methodology.
3. Analysis of market strategies.
4. Market demand, supply, trend analysis.
5. Market overview with key players
6. Analysis of Porte’s five force model.
7. Market segmentation by region, type and application.
8. Analysis of the advantages and limitations of the market.
9. SWOT analysis of projects.
10. Conclusion.
11. Annex.

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