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Friday May 9, 2025
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US Dollar Rallies on Trade Deal Optimism; Yen Slumps

US Dollar Rallies on Trade Deal Optimism; Yen Slumps

by Stock Market News | May 2, 2025 | Market News

The US dollar has staged a notable rally in recent trading sessions, bolstered by growing optimism surrounding potential tariff deals between the United States and its key trading partners. On May 1, 2025, the greenback surged to a four-week high against the Japanese...
Australian Shares Near Two-Month High on Bank Gains and Tariff Optimism

Australian Shares Near Two-Month High on Bank Gains and Tariff Optimism

by Stock Market News | May 2, 2025 | Market News

On May 2, 2025, Australian shares reached a near two-month high, driven by a robust performance in the financial sector, particularly the country’s major banks. The S&P/ASX 200 index, a benchmark for Australian equities, rose 0.5% to 8,188.40, marking its highest...
PNB Housing Finance Shares Rise 5% Amid Carlyle’s Partial Stake Sale

PNB Housing Finance Shares Rise 5% Amid Carlyle’s Partial Stake Sale

by Stock Market News | May 2, 2025 | Stock Market News

PNB Housing Finance Limited, one of India’s leading housing finance companies, witnessed a 5% surge in its share price to ₹1,060.70 on the 46th Bombay Stock Exchange (BSE) on May 2, 2025, following a significant block deal where only half of the anticipated shares...
Rupee Tops 84/USD for First Time Since October as Analysts Turn Bullish

Rupee Tops 84/USD for First Time Since October as Analysts Turn Bullish

by Stock Market News | May 2, 2025 | Market News

The Indian rupee crossed the 84 mark against the U.S. dollar on May 2, 2025, reaching a seven-month high not seen since October 2024. Closing at 83.78, up 0.7% from its previous close of 84.4875, the rupee recorded a near 2% weekly gain, its strongest in months. This...
Priority Jewels IPO: A Fresh Issue of 54 Lakh Shares with No Offer-for-Sale Component

Priority Jewels IPO: A Fresh Issue of 54 Lakh Shares with No Offer-for-Sale Component

by Stock Market News | May 1, 2025 | Market News

On April 30, 2025, Mumbai-based Priority Jewels Ltd., a designer, manufacturer, and B2B seller of lightweight, affordable diamond-studded gold and platinum fine jewelry, announced its Initial Public Offering (IPO) by filing a Draft Red Herring Prospectus (DRHP) with...
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