Wilmington plc (LON:WIL – Get Free Report) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 315.52 and traded as low as GBX 276. Wilmington shares last traded at GBX 278, with a volume of 76,213 shares. Wilmington News Summary Here are the [...]
Pakistan’s benchmark index, KSE-100, closed in the red on Tuesday, down 1432.54 points.Topline Securities noted that the session witnessed pronounced volatility, with the index staging a brief rebound to an intraday high of +1,546 points before intensified selling pressure pushed it to a low of –3,783 points.Despite the decline in points, trading activity remained robust, with total volumes clocking in at 687 million shares and turnover reaching Rs38.4 billion.The top active stocks were led by K-Electric Limited, falling 1.17pc to Rs7.57 at a volume of 64,848,829, followed by The Bank of Punjab, declining 1.62pc to Rs29.70 at a volume of 49,139,683, and Worldcall Telecom Limited, falling 0.76pc to Rs 1.31 at a volume of 45,981,935.The top advancers were led by Abdullah Shah Ghazi Sugar Mills Limited, rising 12.32pc to Rs9.12, followed by Chenab Limited, rising 11.79pc to Rs9.48, and Ittefaq Iron Industries Limited, rising 10.49pc to Rs8.11.The top decliners were led by LSE Capital Limited.(Right) declining 20.62pc to Rs0.77, followed by Paramount Spinning Mills Limited falling 13.40pc to Rs5.62, and Gulistan Spinning Mills Limited declining 13.09pc to Rs6.04.This 0.85pc fall from its previous close of 167,691.08 points comes on the heels of the index’s bloodbath on Monday, the third major meltdown at the PSX in the past two weeks, with the KSE-100 losing 5,149.80 points on February 16 and 6,683 points, the steepest single-day decline in history, on February 19.Mohammad Sohail, CEO of Topline Securities, noted that the market is in “correction mode.” He stated that the current sell-off “appears to be driven by above-average foreign selling, Reko Diq-related concerns, softer corporate results, and stock futures unwinding”.Interestingly, he cautions against deeming this as a bearish market, calling it an “11pc correction instead”. AKD Securities believed that geopolitical developments and the outcome of the upcoming IMF review mission, due to arrive next week, will be crucial in determining investor sentiment.Investors will also be looking towards corporate earnings reports for a possible upside.Pakistan Oilfields Ltd announced its 2QFY26 results today. The company recorded a profit of Rs6.3bn, down 17pc YoY but up 16pc QoQ. This takes 1HFY26 earnings to Rs41.29/share, up 16pc YoY, according to Topline Securities.The brokerage house noted that earnings came out higher than expectations, driven by higher-than-expected other income and a lower Effective Tax Rate (ETR), which stood at 26pc in 2QFY26, compared to 37pc in 2QFY25 and 33pc in 1QFY26.Additionally, Hub Power Company announced its 2QFY26 results today. The company reported earnings of Rs10.6bn, an increase of 152pc YoY. Their profits were down compared to the previous quarter by 9pc due to higher ETR. According to Topline Securities, this result came lower than expectations due to a higher-than-expected ETR.
Biomerica, Inc. (NASDAQ:BMRA – Get Free Report) shares crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $2.67 and traded as low as $2.06. Biomerica shares last traded at $2.10, with a volume of 12,929 shares. Biomerica Trading Down 3.2% The [...]
Southern First Bancshares, Inc. (NASDAQ:SFST – Get Free Report)’s stock price passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $55.36 and traded as high as $61.74. Southern First Bancshares shares last traded at $59.10, with a volume of 98,090 shares traded. Wall Street Analyst [...]
Premier African Minerals Limited (LON:PREM – Get Free Report) shares passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 0.05 and traded as low as GBX 0.02. Premier African Minerals shares last traded at GBX 0.02, with a volume of 115,997,719 shares. Premier African [...]
Noodles & Company (NASDAQ:NDLS – Get Free Report)’s share price passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $5.42 and traded as high as $5.64. Noodles & Company shares last traded at $5.17, with a volume of 119,932 shares trading hands. Analyst [...]
Bezant Resources Plc (LON:BZT – Get Free Report)’s stock price crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 0.10 and traded as high as GBX 0.11. Bezant Resources shares last traded at GBX 0.11, with a volume of 70,813,313 shares traded. [...]
Compound Planning Inc. increased its stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report) by 496.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 88,378 shares of the company’s stock after acquiring an additional 73,554 shares during the period. [...]
The Competition Authority of Kenya (CAK) has fined Guaranty Trust Bank Kenya Limited (GTBank) approximately $257,000 (Ksh33.18 million)...The post GTBank fined $257k for breach of agreement with client in Kenya first appeared on Technext.
BitcoinWorldEUR/CAD Plunges Below 1.6150 as Soaring Oil Prices Spark Supply FearsIn European trading on Thursday, the EUR/CAD currency pair decisively broke below the critical 1.6150 support level, a move primarily fueled by escalating global oil prices and mounting supply-side anxieties. This significant shift highlights the intricate relationship between commodity markets and major forex pairs, offering a clear window into current macroeconomic crosscurrents. Consequently, traders and [...]This post EUR/CAD Plunges Below 1.6150 as Soaring Oil Prices Spark Supply Fears first appeared on BitcoinWorld.
FTSE 100 slips to 10,661 as banks weigh on sentiment. Convatec jumps 9.6% and Croda gains 5.3% after results, while miners and defensives trade lower amid mixed global cues.
By Rufus AYISI Less than two years ago, Ghana faced severe macroeconomic turmoil: inflation peaked at 54.1percent in December 2022, the cedi depreciated sharply, and businesses grappled with uncertainty. Today, the picture has changed dramatically. Headline inflation fell to a record low of 3.8percent year-on-year in January 2026 (from 5.4percent in December 2025), marking the [...]The post Inflation collapse and a strong Cedi: Opportunity or illusion for the real economy? appeared first on The Business & Financial Times.