August


 

NEW DELHI: Shares of Infosys advanced over 3 per cent in early trade on Thursday after the company announced that it will consider a proposal for buyback of its equity shares at its meeting to be held on August 19.The scrip was trading 3 per cent up at Rs 1,005 around 9.20 am (IST). Shares of the country’s second-biggest software services exporter opened at Rs 1,010 and touched a high and low of Rs 1,010 and Rs 1,000, respectively, in trade so far.

announced August buyback cent Infosys proposal Rs shares trade trading

 

Fund managers turn pessimistic on earnings expectation [0.02]

Posted on Aug. 16, 2017, 10:19 a.m. by Markets @ [source]

In what could spell trouble for equity market, corporate outlook has shown sharp deterioration, says a of conducted by (BAML).

The respondents saying equity are overvalued rose to a record high level of 46 per cent in August.

August BAML cent corporate deterioration equity investors market profit risk

 

We bet you didn’t notice this.June quarter earnings season is nearing its last leg and the broader impression is that it has been a mixed bag.Yet, a number of companies have reported highest-ever quarterly numbers in terms of profit, sales, volume, operating profit, return on equity (ROE) and Ebitda this season. Going ahead, Edelweiss Securities expects the company to scale up operations in view of steady execution of ongoing projects and a likely uptick in Bangalore residential demand driven by strong office space leasing in past few years coupled with better affordability.The company has a well-diversified land bank, quality management and earns steady cash flows from contractual business.

August cent closed Rs highest net profit quarter reported Rs Rs crore

 

Derivatives Strategies: Intermediate trend is bearish [-0.02]

Posted on Aug. 15, 2017, 8:23 p.m. by Markets @ [source]

The market has one phase of a sharp correction with a rebound on Monday. Anybody who has opened long positions again would probably be taking stop-loss in the 9,625-9,650 zones.

August closed correction hit Monday negative OI remain selling Trend

 

The U.S. Energy Information Administration (EIA) on Monday released its August report on drilling productivity in seven key oil and gas producing regions of the U.S. Overall oil production is projected to rise by a whopping 117,000 barrels a day in September to 6.149 million barrels per day.

August barrel Basin cubic feet gas oil production report rise September

 

NAHB: Builder Confidence increased to 68 in August [0.19]

Posted on Aug. 15, 2017, 2:16 p.m. by Calculated Risk @ [source]

The National Association of Home Builders (NAHB) reported the housing market index (HMI) was at 68 in August, up from 64 in July.

Builder confidence in the market for newly-built single-family homes rose four points in August to a level of 68 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI).

Association August builder HMI home index market National rose sales

 

What has been dubbed the U.S. eclipse of the century could draw as many as 7 million people to the areas in which the sun will be 100% blocked out. The region runs from Oregon diagonally across the country to South Carolina.

American area August eclipse estimate miles path totality school social vacation

 

China CSI300 stock index futures for August rose 0.3 per cent, to 3,694.4, 11.80 points below the current value of the underlying index. The energy sub-index fell 0.3 per cent, and the healthcare sub-index fell 0.6 per cent.Shanxi Xishan Coal and Electricity Power Co fell 2.3 per cent, and Shanghai Pharmaceuticals Holding Co Ltd suffered a 3.2 per cent drop.

August cent China CSI300 fell futures index rose stock sub

 

Disciplined investing and ignoring the noise is key to success in investing. We remain constructive on the sector in view of improved transparency and customer confidence coupled with favourable fundamentals.”With the eventful last 12 months for the bond market, yields on 10-year government bonds , which had touched 7.16 per cent in August last year, fell to 6.51 per cent at present due to rising bond prices.Recently, the Reserve Bank of India (RBI) cut its key rates (repo and reverse repo) by 25 basis points, while maintaining a neutral stance, citing softer inflation-growth equation.Rahul Goswami, CIO of Fixed Income, ICICI Prudential AMC, in a note said, "We believe there is an opportunity for further rate cuts in the next 2-4 quarters.

August BSE cent July market metal rate RBI Rs surged

 

Mortgage rates rose moderately today as weekend news headlines suggested some measure of de-escalation of nuclear tensions between the US and North Korea.

In the afternoon, comments from NY Fed President Dudley (one of the 3 most important voices at the Fed) kept pressure on rates, which seemed willing to recover in the late morning hours.

August consensus Dudley Fed investors July news pressure rates sales

 

INX to commence trading in gold options from August 30 [0.02]

Posted on Aug. 12, 2017, 5:13 p.m. by Markets @ [source]

BSE-promoted India (India INX) will launch trading in gold options from August 30, a move which will allow investors an opportunity to hedge their risk without worrying about daily market volatility.

India INX, which has received regulator Sebi's nod to launch the product, has estimated that gold options, along with other gold contracts, would clock a daily average turnover of Rs 35 million on the exchange's platform.

August Gold India INX launch options product received Sebi trading

 

Schedule for Week of Aug 13, 2017 [0.10]

Posted on Aug. 12, 2017, 12:11 p.m. by Calculated Risk @ [source]

The key economic reports this week are July retail sales and Housing Starts.

No major economic releases scheduled.

August consensus economic housing July June reading Retail sales shows

 

10 Top Stocks Analysts Want You to Sell Now [-0.02]

Posted on Aug. 11, 2017, 11:35 a.m. by 24/7 Wall St. @ [source]

After weeks of new highs after new highs in the Dow and S&P 500, investors have finally started to see some selling of stocks in August. This implied 10% downside, but the valuation and turnaround don’t match up to BlackBerry’s new focus in advanced driver assisted systems software, which isn’t likely to ramp until 2019.

analyst August call consensus investors market rating shares stock week

 

DryShips blew through a key price level, on huge volume, that it sold off at last week.

Trading in DryShips Inc. (DRYS) started in a desultory fashion this week, but, beginning Tuesday August 8th, DRYS commenced a rally finishing up 24% from its $1.30 Monday close to a $1.77 close on Wednesday on decent volume.

August current DRY earnings equity issuance management remaining reverse stock Volume

 

With the benchmark indices extending losses for the fifth straight session on Friday, the market seemed to have entered the correction zone after a record run of the last few months. Both the indices had hit their respective lifetime highs of 32,686 and 10,137 on August 2.

August Friday highs hit indices market Nifty50 Record stock trading

 

Derivative Strategy on ICICI Bank by HDFC Securities [0.04]

Posted on Aug. 11, 2017, 2:20 a.m. by Markets @ [source]

Rationale: We have seen accumulation of long positions in the in the August series at lower levels where open interest has risen by around 10% till now. Current open interest in the stood higher than last six months average coupled with the recent strength in the stocks, indicating accumulation of positions from strong players.

accumulation August interest levels lower positions Rationale risen Rs stock

 

Apple, Goldman Sachs Tank the Dow on Thursday [-0.06]

Posted on Aug. 10, 2017, 8:01 p.m. by 24/7 Wall St. @ [source]

August 10, 2017: Markets opened lower for the third straight day Thursday and, as on Wednesday, never threatened the break-even mark. WTI crude oil for September delivery settled at $48.59 a barrel, down 2% for the day following OPEC’s oil market report for August.

August Inc lower news shares specific stock Thursday traded week Volume

 

Trading in DryShips Inc. (DRYS) started in a desultory fashion this week as the stock experienced its typical Monday sell-off on August 7th, down 5.1% (see table below) on light volume of about 6.6 million. This sets up tomorrow, August 11th as a crucial trading day.

August DRYS EMV equity issuance issuance market selling stock table trading

 

Hilltop Holdings Inc. ( HTH ) will begin trading ex-dividend on August 11, 2017.

The previous trading day's last sale of HTH was $26.01, representing a -15% decrease from the 52 week high of $30.60 and a 23.62% increase over the 52 week low of $21.04.

August current dividend earnings ex HTH paid payment stock trading

 

UNITIL Corporation ( UTL ) will begin trading ex-dividend on August 11, 2017.

UTL is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ).

August Corporation current dividend ex paid payment stock trading UTL