Australia stocks lower at close of trade; S&P/ASX 200 down 0.33%

Investing.com – Australia stocks were lower after the close on Wednesday, as losses in the Utilities, Metals&Mining and Financials sectors led shares lower.

At the close in Sydney, the S&P/ASX 200 lost 0.33%.

The best performers of the session on the S&P/ASX 200 were Altium Ltd (AX:ALU), which rose 32.84% or 7.170 points to trade at 29.000 at the close. Meanwhile, Wisetech Global Ltd (AX:WTC) added 31.62% or 4.945 points to end at 20.585 and TPG Telecom Ltd (AX:TPM) was up 20.19% or 1.270 points to 7.560 in late trade.

The worst performers of the session were Primary Health Care Ltd (AX:PRY), which fell 10.94% or 0.350 points to trade at 2.850 at the close. Adelaide Brighton Ltd (AX:ABC) declined 7.28% or 0.490 points to end at 6.240 and Western Areas Ltd (AX:WSA) was down 5.72% or 0.170 points to 2.800.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 684 to 547 and 360 ended unchanged.

Shares in Altium Ltd (AX:ALU) rose to all time highs; up 32.84% or 7.170 to 29.000. Shares in Primary Health Care Ltd (AX:PRY) fell to 52-week lows; down 10.94% or 0.350 to 2.850. Shares in Wisetech Global Ltd (AX:WTC) rose to all time highs; up 31.62% or 4.945 to 20.585. Shares in TPG Telecom Ltd (AX:TPM) rose to 52-week highs; rising 20.19% or 1.270 to 7.560.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 2.82% to 12.259.

Gold Futures for December delivery was up 0.14% or 1.70 to $1201.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 0.46% or 0.30 to hit $66.14 a barrel, while the October Brent oil contract rose 0.39% or 0.28 to trade at $72.91 a barrel.

AUD/USD was down 0.19% to 0.7355, while AUD/JPY fell 0.06% to 81.20.

The US Dollar Index Futures was unchanged 0.00% at 95.13.

Gold Prices Gain Ahead of Fed Meeting

Investing.com - Gold prices rose on Wednesday as investors awaited the details of the Federal Reserve’s August meeting due later in the day.

Gold Futures for December delivery gained 0.2% to $1,202.4 per troy ounce at 1:20AM ET (05:20 GMT) on the Comex division of the New York Mercantile Exchange.

The U.S. dollar index, which tracks the greenback against a basket of other currencies, edged 0.01% higher to 95.14.

Gold prices hit a fresh one-week high earlier in the day as the dollar softens after U.S. President Donald Trump said he is “not thrilled” about the Fed’s decision to hike interest rates.

Markets widely expect the central bank to raise rates in September and also later this year. So far, the central bank has raised rates five times since Trump took office. 

Gold is highly sensitive to rising U.S. rates as it increases the opportunity cost of holding non-yielding metal, while a weaker dollar generally boosts the price of dollar-denominated gold.

Gold futures ended last week down 2.86%, the largest weekly decline since early May 2017, after hitting $1,176.20 last Thursday, the lowest level since early January 2017

Looking ahead, Federal Reserve Chairman Jerome Powell will make his public appearance at the Jackson Hole Economic Symposium on Friday, with traders likely to focus on whether he would drop clues on future rate policies.

Oil Prices Advance as U.S. Crude Inventories Drop

Investing.com - Oil prices gained on Wednesday as reports from the American Petroleum Institute (API) showed the U.S. crude inventories fell, while a potential shortfall of Iranian oil due to U.S. sanctions continue to weigh.

Brent Oil Futures for October delivery rose 0.3% to $72.85 per barrel at 12:30AM ET (04:30 GMT), while Crude Oil WTI Futures for October delivery also climbed 0.41% to $66.12 a barrel.

The API reported on Tuesday that crude inventories in the U.S. declined by 5.2 million barrels in the week to Aug. 17 to 405.6 million barrels, exceeding analysts’ forecasts for a fall of 1.5 million barrels.

Official data from EIA is set to be released later on Wednesday.

Meanwhile, the U.S. economic sanctions on Iran, which would start to take effect in November, received some residual focus as investors remained concerns over how much oil would be removed from global markets due to the renewed sanctions.

“The Iran issue continues to occupy traders’ minds,” said Greg McKenna, chief market strategist at AxiTrader.

Crude oil prices have gained in recent sessions on optimism for progress on China-U.S. trade talks, slated for Wednesday. Yet, reports that China is shifting their cargoes to vessels owned by National Iranian Tanker to continue buying Iranian crude despite the re-imposition of sanctions by the United States does little to get the talks off to a positive start.

The U.S. Dollar Index was little changed on Wednesday, although reports that U.S. President Donald Trump said he is “not thrilled” about the Federal Reserve’s decision to raise rates were cited as headwind for the dollar earlier in the week.

Dollar Little Changed, Yen Falls as Cohen Pleads Guilty to Federal Charges

Investing.com - The dollar was little changed, while the Japanese yen slipped on Wednesday after climbing overnight following reports that U.S. President Donald Trump’s longtime lawyer Michael Cohen admitted to making illegal payments and committed other crimes to influence the 2016 election.

The U.S. dollar index, which tracks the greenback against a basket of other currencies, edged 0.01% higher to 95.14 by 12:35AM ET (04:35 GMT).

The dollar was under pressure on Tuesday after Trump said he is “not thrilled” about the Federal Reserve’s decision to raise rates.

On Tuesday, Cohen pleaded guilty to eight counts related to tax fraud, excessive campaign contributions, making false statements to a financial institution, and unlawful corporate contributions. While he did not name Trump directly during the hearing, his attorney Lanny Davis said shortly afterward that "Donald Trump directed [Cohen] to commit a crime by making payments to two women for the principal purpose of influencing an election." The Justice Department confirmed late Tuesday that Trump was the unidentified candidate. 

Reports that U.S. and China would hold low-level trade talks provided some support for the dollar earlier in the week as it calmed market nerves and reduced demand for the greenback and other safe-haven assets.

Looking ahead, minutes of the Federal Reserve policy-setting meeting is due later today, as markets are likely to focus on whether Chairman Jerome Powell would drop clues on future rate policies when he speaks Friday at the Kansas City Fed’s annual gathering in Jackson Hole, Wyoming. 

Elsewhere, the USD/JPY pair gained 0.2% to 110.44. The USD/CNY pair slid 0.1% to 6.8439 as the Chinese yuan headed for its fifth straight session of gains.

The New Zealand dollar climbed to a two-week peak of 0.6772 after strong domestic second quarter retail sales data suggested the gross domestic product would overshoot the central bank's forecast.

Peru stocks lower at close of trade; S&P Lima General down 0.71%

Investing.com – Peru stocks were lower after the close on Tuesday, as losses in the Non-Metal Minerals, Industrials and Banking&Financials sectors led shares lower.

At the close in Lima, the S&P Lima General fell 0.71% to hit a new 6-months low.

The best performers of the session on the S&P Lima General were Atacocha (LM:ATB), which rose 5.56% or 0.020 points to trade at 0.380 at the close. Meanwhile, Buenaventura (LM:BVN) added 3.52% or 0.430 points to end at 12.660 and Trevali Mining (LM:TV) was up 1.89% or 0.010 points to 0.540 in late trade.

The worst performers of the session were Grana Y Monter (LM:GRA), which fell 8.51% or 0.200 points to trade at 2.150 at the close. Enel Distribucion Peru SAA (LM:ENE) declined 4.13% or 0.250 points to end at 5.800 and Cerro Verde (LM:CVE) was down 2.95% or 0.700 points to 23.000.

Falling stocks outnumbered advancing ones on the Lima Stock Exchange by 14 to 9 and 15 ended unchanged.

Crude oil for October delivery was up 1.02% or 0.67 to $66.09 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October unchanged 0.00% or 0.00 to hit $72.79 a barrel, while the December Gold Futures contract rose 0.68% or 8.10 to trade at $1202.70 a troy ounce.

USD/PEN was down 0.24% to 3.2994, while EUR/PEN rose 0.43% to 3.8138.

The US Dollar Index Futures was down 0.57% at 95.13.

Canada stocks lower at close of trade; S&P/TSX Composite down 0.27%

Investing.com – Canada stocks were lower after the close on Tuesday, as losses in the IT, Consumer Staples and Consumer Discretionary sectors led shares lower.

At the close in Toronto, the S&P/TSX Composite fell 0.27%.

The best performers of the session on the S&P/TSX Composite were Ivanhoe Mines Ltd. (TO:IVN), which rose 10.34% or 0.210 points to trade at 2.240 at the close. Meanwhile, Air Canada (TO:AC) added 8.33% or 2.060 points to end at 26.780 and Aurora Cannabis Inc (TO:ACB) was up 7.75% or 0.590 points to 8.200 in late trade.

The worst performers of the session were Husky Energy Inc . (TO:HSE), which fell 2.55% or 0.56 points to trade at 21.23 at the close. Brookfield Asset Management Inc (TO:BAMa) declined 2.51% or 1.43 points to end at 55.55 and Knight Therapeutics Inc (TO:GUD) was down 2.46% or 0.21 points to 8.33.

Rising stocks outnumbered declining ones on the Toronto Stock Exchange by 588 to 503 and 136 ended unchanged.

The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was up 1.13% to 13.43.

Gold Futures for December delivery was up 0.56% or 6.70 to $1201.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 0.60% or 0.39 to hit $65.81 a barrel, while the October Brent oil contract rose 0.40% or 0.29 to trade at $72.50 a barrel.

CAD/USD was unchanged 0.00% to 0.7669, while CAD/EUR fell 0.73% to 0.6627.

The US Dollar Index Futures was down 0.56% at 95.14.

U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.25%

Investing.com – U.S. stocks were higher after the close on Tuesday, as gains in the Consumer Services, Telecoms and Industrials sectors led shares higher.

At the close in NYSE, the Dow Jones Industrial Average gained 0.25% to hit a new 6-months high, while the S&P 500 index climbed 0.21%, and the NASDAQ Composite index added 0.49%.

The best performers of the session on the Dow Jones Industrial Average were Intel Corporation (NASDAQ:INTC), which rose 2.41% or 1.12 points to trade at 47.62 at the close. Meanwhile, Goldman Sachs Group Inc (NYSE:GS) added 1.22% or 2.87 points to end at 238.65 and Home Depot Inc (NYSE:HD) was up 1.16% or 2.30 points to 200.23 in late trade.

The worst performers of the session were Merck&Company Inc (NYSE:MRK), which fell 1.43% or 1.00 points to trade at 69.17 at the close. Johnson&Johnson (NYSE:JNJ) declined 1.12% or 1.53 points to end at 135.35 and Coca-Cola Company (NYSE:KO) was down 1.09% or 0.51 points to 46.22.

The top performers on the S&P 500 were Discovery Inc Class A (NASDAQ:DISCA) which rose 5.84% to 29.55, Discovery Communications C Inc (NASDAQ:DISCK) which was up 5.77% to settle at 27.31 and Medtronic PLC (NYSE:MDT) which gained 5.71% to close at 95.17.

The worst performers were Coty Inc (NYSE:COTY) which was down 7.14% to 11.52 in late trade, JM Smucker Company (NYSE:SJM) which lost 6.62% to settle at 108.20 and Hewlett Packard Enterprise Co (NYSE:HPE) which was down 5.62% to 15.78 at the close.

The top performers on the NASDAQ Composite were Cytori Therapeutics Inc (NASDAQ:CYTX) which rose 43.68% to 0.4957, Koss Corporation (NASDAQ:KOSS) which was up 36.00% to settle at 4.080 and Aurora Mobile Ltd (NASDAQ:JG) which gained 23.40% to close at 7.54.

The worst performers were Newater Technology Inc (NASDAQ:NEWA) which was down 67.91% to 9.26 in late trade, SeaChange International Inc (NASDAQ:SEAC) which lost 44.14% to settle at 1.62 and SITO Mobile Ltd (NASDAQ:SITO) which was down 24.50% to 1.510 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 1925 to 1121 and 127 ended unchanged; on the Nasdaq Stock Exchange, 1791 rose and 810 declined, while 110 ended unchanged.

Shares in Discovery Inc Class A (NASDAQ:DISCA) rose to 52-week highs; gaining 5.84% or 1.63 to 29.55. Shares in Discovery Communications C Inc (NASDAQ:DISCK) rose to 52-week highs; rising 5.77% or 1.49 to 27.31. Shares in Medtronic PLC (NYSE:MDT) rose to all time highs; gaining 5.71% or 5.14 to 95.17. Shares in Koss Corporation (NASDAQ:KOSS) rose to 3-years highs; up 36.00% or 1.080 to 4.080. Shares in SeaChange International Inc (NASDAQ:SEAC) fell to all time lows; losing 44.14% or 1.28 to 1.62. Shares in SITO Mobile Ltd (NASDAQ:SITO) fell to all time lows; down 24.50% or 0.490 to 1.510.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 2.72% to 12.83.

Gold Futures for December delivery was up 0.57% or 6.80 to $1201.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 0.60% or 0.39 to hit $65.81 a barrel, while the October Brent oil contract rose 0.40% or 0.29 to trade at $72.50 a barrel.

EUR/USD was up 0.78% to 1.1571, while USD/JPY rose 0.28% to 110.38.

The US Dollar Index Futures was down 0.55% at 95.15.

Metals Prices Mostly Higher; Copper Claws out From Bear Market

Investing.com - Gold prices hit one-week highs Tuesday and copper clawed its way out of bear-market territory, helped a plunge in the dollar after President Donald Trump criticized the leader of Federal Reserve for raising rates.

Gold futures for December delivery on the Comex division of the New York Mercantile Exchange rose by $6.10, or 0.51%, to $1,200.70 per troy ounce.

Gold prices continued to add to gains following a sharp jump on Monday, led by a fall in dollar, as Trump called on the Federal Reserve to do more to boost growth and criticized Fed Chairman Jerome Powell for raising rates.

While investors are not expecting Fed policymakers to ditch their plans for further rate hikes, they fled the dollar amid fears Trump's comments would cast a shadow over the central bank's future decision-making.

The U.S. dollar index, which measures the greenback against a trade-weighted basket of six major currencies, fell by 0.68% to 95.03.

Dollar-denominated assets such as gold are sensitive to moves in the dollar. A fall in the dollar makes gold cheaper for holders of foreign currency and raises demand.

Trump's critique of the Federal Reserve's recent rate hikes comes just a day before the Fed releases the minutes from its last meeting, which could provide clues on the central bank's thinking concerning monetary policy.

The Federal Reserve has projected tighetening at a moderate pace, with the market predicting four hikes for this year. The third rate hike expected as soon as September and the fourth in December.

Gains in the wider metals market were mixed, however, as copper prices clawed their way out from bear-market territory, while nickel came under pressure.

Copper prices rose 0.96% to $2.69, while zinc prices rose 2.07% at 2,427.75.

Copper had fallen sharply last week to post losses of 20% from its high of $3.30 in June, meeting the common definition of a bear market. But two-straight daily gains this week has helped it shift direction.

Aluminium prices rose 0.15% to 2,061.50, while nickel futures fell 0.46% to 13,537.50.

Nigeria stocks lower at close of trade; NSE 30 down 0.40%

Investing.com – Nigeria stocks were lower after the close on Tuesday, as losses in the Banking, Food, Beverages&Tobacco and Oil&Gas sectors led shares lower.

At the close in Lagos, the NSE 30 declined 0.40%.

The best performers of the session on the NSE 30 were Skye Bank (LAGOS:SKYEBAN), which rose 4.17% or 0.020 points to trade at 0.500 at the close. Meanwhile, Diamond Bank (LAGOS:DIAMONB) added 1.83% or 0.020 points to end at 1.110 and Dangsugar (LAGOS:DANGSUG) was up 0.68% or 0.10 points to 14.90 in late trade.

The worst performers of the session were Uacn Prop (LAGOS:UACN), which fell 7.94% or 1.00 points to trade at 11.60 at the close. Pz Cussons LG (LAGOS:PZ) declined 7.12% or 1.00 points to end at 12.90 and Wapco (LAGOS:WAPCO) was down 6.65% or 1.85 points to 25.95.

Falling stocks outnumbered advancing ones on the Lagos by 0 to 0.

Shares in Pz Cussons LG (LAGOS:PZ) fell to 52-week lows; losing 7.12% or 1.00 to 12.90.

Crude oil for October delivery was up 0.96% or 0.63 to $66.05 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October rose 0.62% or 0.45 to hit $72.66 a barrel, while the December Gold Futures contract rose 0.44% or 5.30 to trade at $1199.90 a troy ounce.

EUR/NGN was up 0.99% to 417.850, while USD/NGN rose 0.14% to 361.000.

The US Dollar Index Futures was down 0.50% at 95.20.

Morocco stocks higher at close of trade; Moroccan All Shares up 1.00%

Investing.com – Morocco stocks were higher after the close on Tuesday, as gains in the Beverage, Forestry&Paper and Construction&Building Materials sectors led shares higher.

At the close in Casablanca, the Moroccan All Shares added 1.00%.

The best performers of the session on the Moroccan All Shares were Brasseries Du Maroc (CS:SBM), which rose 7.14% or 200 points to trade at 3000 at the close. Meanwhile, SMI (CS:SMI) added 5.96% or 103 points to end at 1830 and Saham Assurance (CS:SAH) was up 4.17% or 60 points to 1500 in late trade.

The worst performers of the session were Stokvis Nord Afrique (CS:SNA), which fell 5.33% or 0.93 points to trade at 16.51 at the close. Stroc Industrie (CS:STR) declined 4.64% or 1.30 points to end at 26.70 and Involys (CS:INV) was down 3.13% or 3.80 points to 117.50.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 0 to 0.

Shares in Involys (CS:INV) fell to 52-week lows; down 3.13% or 3.80 to 117.50.

Crude oil for October delivery was up 0.96% or 0.63 to $66.05 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October rose 0.55% or 0.40 to hit $72.61 a barrel, while the December Gold Futures contract rose 0.44% or 5.20 to trade at $1199.80 a troy ounce.

EUR/MAD was up 0.40% to 10.9590, while USD/MAD fell 0.29% to 9.4777.

The US Dollar Index Futures was down 0.51% at 95.19.

Denmark stocks higher at close of trade; OMX Copenhagen 20 up 0.61%

Investing.com – Denmark stocks were higher after the close on Tuesday, as gains in the Oil&Gas, Healthcare and Financials sectors led shares higher.

At the close in Copenhagen, the OMX Copenhagen 20 rose 0.61%.

The best performers of the session on the OMX Copenhagen 20 were Vestas Wind Systems A/S (CO:VWS), which rose 3.16% or 13.3 points to trade at 434.5 at the close. Meanwhile, Lundbeck A/S (CO:LUN) added 2.04% or 7.7 points to end at 385.0 and Jyske Bank A/S (CO:JYSK) was up 1.69% or 5.9 points to 354.9 in late trade.

The worst performers of the session were Pandora A/S (CO:PNDORA), which fell 2.35% or 9.0 points to trade at 373.9 at the close. Genmab (CO:GEN) declined 0.57% or 6.0 points to end at 1039.5 and Coloplast A/S (CO:COLOb) was down 0.38% or 2.6 points to 677.2.

Rising stocks outnumbered declining ones on the Copenhagen Stock Exchange by 73 to 52 and 12 ended unchanged.

Crude oil for October delivery was up 1.05% or 0.69 to $66.11 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October rose 0.62% or 0.45 to hit $72.66 a barrel, while the December Gold Futures contract rose 0.18% or 2.20 to trade at $1196.80 a troy ounce.

USD/DKK was down 0.48% to 6.4643, while EUR/DKK rose 0.01% to 7.4595.

The US Dollar Index Futures was down 0.34% at 95.35.

France stocks higher at close of trade; CAC 40 up 0.54%

Investing.com – France stocks were higher after the close on Tuesday, as gains in the Utilities, Basic Materials and Healthcare sectors led shares higher.

At the close in Paris, the CAC 40 rose 0.54%, while the SBF 120 index added 0.51%.

The best performers of the session on the CAC 40 were TechnipFMC PLC (PA:FTI), which rose 2.60% or 0.64 points to trade at 25.30 at the close. Meanwhile, Compagnie de Saint Gobain SA (PA:SGOB) added 2.25% or 0.80 points to end at 36.38 and Atos SE (PA:ATOS) was up 1.76% or 1.76 points to 101.60 in late trade.

The worst performers of the session were Sodexo (PA:EXHO), which fell 0.89% or 0.82 points to trade at 91.58 at the close. WFD Unibail Rodamco NV (AS:URW) declined 0.62% or 1.15 points to end at 185.45 and Cap Gemini SA (PA:CAPP) was down 0.44% or 0.50 points to 112.30.

The top performers on the SBF 120 were DBV Technologies (PA:DBV) which rose 6.03% to 35.880, Eramet (PA:ERMT) which was up 4.35% to settle at 79.15 and CGG SA (PA:GEPH) which gained 4.10% to close at 2.436.

The worst performers were Remy Cointreau (PA:RCOP) which was down 2.39% to 122.30 in late trade, Worldline SA (PA:WLN) which lost 1.26% to settle at 51.100 and Ipsen (PA:IPN) which was down 1.22% to 145.75 at the close.

Rising stocks outnumbered declining ones on the Paris Stock Exchange by 358 to 194 and 115 ended unchanged.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was down 4.00% to 13.14.

Gold Futures for December delivery was up 0.18% or 2.20 to $1196.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 1.05% or 0.69 to hit $66.11 a barrel, while the October Brent oil contract rose 0.64% or 0.46 to trade at $72.67 a barrel.

EUR/USD was up 0.51% to 1.1540, while EUR/GBP fell 0.07% to 0.8966.

The US Dollar Index Futures was down 0.33% at 95.36.

Italy stocks higher at close of trade; Investing.com Italy 40 up 1.41%

Investing.com – Italy stocks were higher after the close on Tuesday, as gains in the Travel&Leisure, Financials and Telecoms sectors led shares higher.

At the close in Milan, the Investing.com Italy 40 rose 1.41%.

The best performers of the session on the Investing.com Italy 40 were Saipem SpA (MI:SPMI), which rose 6.97% or 0.2990 points to trade at 4.5860 at the close. Meanwhile, Unione di Banche Italiane SpA (MI:UBI) added 4.07% or 0.1290 points to end at 3.2990 and Intesa Sanpaolo SpA (MI:ISP) was up 3.39% or 0.073 points to 2.243 in late trade.

The worst performers of the session were Davide Campari Milano SpA (MI:CPRI), which fell 1.61% or 0.12 points to trade at 7.66 at the close. Moncler SpA (MI:MONC) declined 0.97% or 0.37 points to end at 37.81 and Salvatore Ferragamo SpA (MI:SFER) was down 0.23% or 0.04 points to 19.48.

Rising stocks outnumbered declining ones on the Milan Stock Exchange by 261 to 76 and 32 ended unchanged.

Crude oil for October delivery was up 1.05% or 0.69 to $66.11 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October rose 0.65% or 0.47 to hit $72.68 a barrel, while the December Gold Futures contract rose 0.18% or 2.20 to trade at $1196.80 a troy ounce.

EUR/USD was up 0.48% to 1.1537, while EUR/GBP fell 0.08% to 0.8965.

The US Dollar Index Futures was down 0.32% at 95.37.

Belgium stocks higher at close of trade; BEL 20 up 0.33%

Investing.com – Belgium stocks were higher after the close on Tuesday, as gains in the Industrials, Technology and Basic Materials sectors led shares higher.

At the close in Brussels, the BEL 20 rose 0.33%.

The best performers of the session on the BEL 20 were Sofina (BR:SOF), which rose 2.66% or 4.40 points to trade at 169.80 at the close. Meanwhile, Aperam SA (AS:APAM) added 2.22% or 0.86 points to end at 39.65 and ING Groep NV (AS:INGA) was up 2.02% or 0.236 points to 11.908 in late trade.

The worst performers of the session were Galapagos NV (AS:GLPG), which fell 1.01% or 0.900 points to trade at 88.220 at the close. Ontex Group (BR:ONTEX) declined 0.65% or 0.16 points to end at 24.30 and Argen-X (BR:ARGX) was down 0.53% or 0.40 points to 74.50.

Rising stocks outnumbered declining ones on the Brussels Stock Exchange by 67 to 39 and 26 ended unchanged.

Shares in Sofina (BR:SOF) rose to all time highs; gaining 2.66% or 4.40 to 169.80.

Gold Futures for December delivery was up 0.11% or 1.30 to $1195.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 0.98% or 0.64 to hit $66.06 a barrel, while the October Brent oil contract rose 0.62% or 0.45 to trade at $72.66 a barrel.

EUR/USD was up 0.46% to 1.1535, while EUR/GBP fell 0.02% to 0.8970.

The US Dollar Index Futures was down 0.28% at 95.41.

Germany stocks higher at close of trade; DAX up 0.43%

Investing.com – Germany stocks were higher after the close on Tuesday, as gains in the Technology, Construction and Basic Resources sectors led shares higher.

At the close in Frankfurt, the DAX added 0.43%, while the MDAX index climbed 0.49%, and the TecDAX index added 0.32%.

The best performers of the session on the DAX were Commerzbank AG O.N. (DE:CBKG), which rose 2.46% or 0.200 points to trade at 8.322 at the close. Meanwhile, Bayer AG NA (DE:BAYGN) added 1.66% or 1.34 points to end at 82.12 and Deutsche Bank AG NA O.N. (DE:DBKGn) was up 1.56% or 0.152 points to 9.919 in late trade.

The worst performers of the session were Linde AG 1 (DE:LIN1), which fell 0.64% or 1.2500 points to trade at 193.0500 at the close. E.ON SE NA (DE:EONGn) declined 0.50% or 0.048 points to end at 9.482 and Vonovia SE (DE:VNAn) was down 0.32% or 0.14 points to 42.98.

The top performers on the MDAX were Schaeffler AG Pref (DE:SHA_p) which rose 2.93% to 12.12, Leoni AG (DE:LEOGn) which was up 2.91% to settle at 37.860 and Duerr AG (DE:DUEG) which gained 2.12% to close at 41.350.

The worst performers were Stroeer SE (DE:SAXG) which was down 1.67% to 49.560 in late trade, Rheinmetall AG (DE:RHMG) which lost 1.10% to settle at 95.380 and Hugo Boss AG NA O.N. (DE:BOSSn) which was down 1.10% to 70.100 at the close.

The top performers on the TecDAX were Medigene NA O.N. (DE:MDG1k) which rose 10.47% to 14.880, Dialog Semiconductor (DE:DLGS) which was up 3.73% to settle at 18.060 and Siltronic AG (DE:WAFGn) which gained 2.54% to close at 123.200.

The worst performers were Wirecard AG (DE:WDIG) which was down 2.06% to 180.800 in late trade, SLM Solutions Group AG (DE:AM3D) which lost 1.68% to settle at 23.45 and Isra Vision O.N. (DE:ISRG) which was down 0.91% to 54.50 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 420 to 272 and 87 ended unchanged.

The DAX volatility index, which measures the implied volatility of DAX options, was down 4.06% to 15.44.

Gold Futures for December delivery was up 0.10% or 1.20 to $1195.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 1.07% or 0.70 to hit $66.12 a barrel, while the October Brent oil contract rose 0.71% or 0.51 to trade at $72.72 a barrel.

EUR/USD was up 0.41% to 1.1529, while EUR/GBP fell 0.03% to 0.8969.

The US Dollar Index Futures was down 0.25% at 95.44.

Poland stocks higher at close of trade; WIG30 up 1.85%

Investing.com – Poland stocks were higher after the close on Tuesday, as gains in the Banking, Media and Basic Materials sectors led shares higher.

At the close in Warsaw, the WIG30 rose 1.85%.

The best performers of the session on the WIG30 were Grupa Azoty SA (WA:ATTP), which rose 4.85% or 1.74 points to trade at 37.64 at the close. Meanwhile, KGHM Polska Miedz SA (WA:KGH) added 3.80% or 3.17 points to end at 86.64 and LPP SA (WA:LPPP) was up 3.40% or 295.00 points to 8975.00 in late trade.

The worst performers of the session were Polski Koncern Naftowy ORLEN SA (WA:PKN), which fell 0.32% or 0.31 points to trade at 97.30 at the close. OrangePL (WA:OPL) declined 0.21% or 0.01 points to end at 4.81 and Dino Polska SA (WA:DNP) was down 0.20% or 0.20 points to 98.00.

Falling stocks outnumbered advancing ones on the Warsaw Stock Exchange by 219 to 216 and 202 ended unchanged.

Crude oil for October delivery was up 1.02% or 0.67 to $66.09 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October rose 0.61% or 0.44 to hit $72.65 a barrel, while the December Gold Futures contract rose 0.13% or 1.50 to trade at $1196.10 a troy ounce.

EUR/PLN was down 0.47% to 4.2879, while USD/PLN fell 0.90% to 3.7183.

The US Dollar Index Futures was down 0.27% at 95.42.

Turkey stocks higher at close of trade; BIST 100 up 1.64%

Investing.com – Turkey stocks were higher after the close on Tuesday, as gains in the Transport, Sports and Textile&Leather sectors led shares higher.

At the close in Istanbul, the BIST 100 gained 1.64%.

The best performers of the session on the BIST 100 were GSD Holding AS (IS:GSDHO), which rose 10.61% or 0.070 points to trade at 0.730 at the close. Meanwhile, ENKA Insaat ve Sanayi AS (IS:ENKAI) added 10.54% or 0.490 points to end at 5.140 and Ege Endustri ve Ticaret AS (IS:EGEEN) was up 9.45% or 28.60 points to 331.10 in late trade.

The worst performers of the session were Alkim Alkali Kimya AS (IS:ALKIM), which fell 2.53% or 0.51 points to trade at 19.63 at the close. Dogan Sirketler Grubu Holding AS (IS:DOHOL) declined 2.27% or 0.030 points to end at 1.290 and Hurriyet Gazetecilik ve Matbaacilik AS (IS:HURGZ) was down 1.79% or 0.020 points to 1.100.

Falling stocks outnumbered advancing ones on the Istanbul Stock Exchange by 0 to 0.

Gold Futures for December delivery was up 0.16% or 1.90 to $1196.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 1.18% or 0.77 to hit $66.19 a barrel, while the October Brent oil contract rose 0.71% or 0.51 to trade at $72.72 a barrel.

USD/TRY was down 0.10% to 6.0766, while EUR/TRY rose 0.26% to 7.0051.

The US Dollar Index Futures was down 0.28% at 95.41.

Greece stocks lower at close of trade; Athens General Composite down 1.04%

Investing.com – Greece stocks were lower after the close on Tuesday, as losses in the Retail, Industrials and Banking sectors led shares lower.

At the close in Athens, the Athens General Composite fell 1.04% to hit a new 6-months low.

The best performers of the session on the Athens General Composite were Elton S.A. (AT:ELNr), which rose 2.14% or 0.030 points to trade at 1.430 at the close. Meanwhile, Crete Plastics SA (AT:PLAKR) added 2.14% or 0.300 points to end at 14.300 and Athens Medical (AT:AMCr) was up 1.53% or 0.020 points to 1.330 in late trade.

The worst performers of the session were Elvalhalcor Hellenic Copper and Aluminium Industry SA (AT:ELHA), which fell 4.68% or 0.065 points to trade at 1.325 at the close. Eurobank Ergasias SA (AT:EURBr) declined 4.62% or 0.0330 points to end at 0.6820 and Intracom Constructions Technical and Steel Constructions SA (AT:INCr) was down 4.03% or 0.050 points to 1.190.

Falling stocks outnumbered advancing ones on the Athens Stock Exchange by 73 to 27 and 20 ended unchanged.

Gold Futures for December delivery was down 0.02% or 0.20 to $1194.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 0.84% or 0.55 to hit $65.97 a barrel, while the October Brent oil contract rose 0.40% or 0.29 to trade at $72.50 a barrel.

EUR/USD was up 0.29% to 1.1515, while EUR/GBP fell 0.14% to 0.8959.

The US Dollar Index Futures was down 0.18% at 95.51.

Israel stocks higher at close of trade; TA 35 up 0.35%

Investing.com – Israel stocks were higher after the close on Tuesday, as gains in the Communication, Real Estate and Technology sectors led shares higher.

At the close in Tel Aviv, the TA 35 gained 0.35% to hit a new 52-week high.

The best performers of the session on the TA 35 were Elbit Systems Ltd (TA:ESLT), which rose 4.32% or 1890 points to trade at 45590 at the close. Meanwhile, Bezeq Israeli Telecommunication Corp Ltd (TA:BEZQ) added 2.87% or 11.0 points to end at 394.0 and Cellcom Israel Ltd (TA:CEL) was up 2.28% or 50 points to 2239 in late trade.

The worst performers of the session were Harel (TA:HARL), which fell 1.60% or 46 points to trade at 2835 at the close. Melisron (TA:MLSR) declined 1.40% or 220 points to end at 15500 and Leumi (TA:LUMI) was down 1.21% or 29 points to 2361.

Rising stocks outnumbered declining ones on the Tel Aviv Stock Exchange by 280 to 102 and 32 ended unchanged.

Crude oil for October delivery was up 1.07% or 0.70 to $66.12 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October rose 0.66% or 0.48 to hit $72.69 a barrel, while the December Gold Futures contract rose 0.10% or 1.20 to trade at $1195.80 a troy ounce.

USD/ILS was down 0.24% to 3.6453, while EUR/ILS rose 0.08% to 4.1990.

The US Dollar Index Futures was down 0.22% at 95.47.

Gold Prices Head Higher as Dollar Drops on Trump Comments

Investing.com - Gold prices traded higher on Tuesday as U.S. President Donald Trump’s critique of the Federal Reserve led to a softer dollar, upping the demand of foreign currency holders for the dollar-denominated asset.

At 10:56 AM ET (14:561 GMT), gold futures for December delivery on the Comex division of the New York Mercantile Exchange gained $1.40, or 0.12%, to $1,196.00 a troy ounce.

In an exclusive interview with Reuters, Trump said that he was "not thrilled" with the Fed under his own appointee, chairman Jerome Powell, for raising interest rates and suggested that the U.S. central bank should do more to help him to boost the economy.

“We’re negotiating (trade) very powerfully and strongly with other nations. We’re going to win. But during this period of time I should be given some help by the Fed. The other countries are accommodated,” Trump said, adding that it was his belief that China and Europe were manipulating their currencies.

As happened in a similar situation back in July when Trump expressed his discontent at the Fed tightening monetary policy, the dollar moved lower. That was despite analyst comments and reports from Fed inside sources that the president’s comments would do little to derail the central bank’s plans to move forward with gradual rate hikes.

Meanwhile, escalating trade tensions between the U.S. and its trading partners and a plunge in the Turkish lira had pushed the dollar index to 96.86 on August 15, its highest since June 2017.

Markets were also gearing up for talks between Washington and Beijing expected to take place on Wednesday and Thursday. Although the negotiations involve lower-level officials, they are still the first formal U.S.-China trade talks since June.

In other metals trading, silver futures rose 0.48% at $14.740 a troy ounce by 10:57 AM ET (14:57 GMT).

Palladium futures traded up 0.27% to $901.10 an ounce, while sister metal platinum fell 0.48% at $803.30.

In base metals, copper gained 0.96% to $2.704 a pound.

Oil Pushes Higher as Traders Prepare for Iran Sanctions

Investing.com - Crude oil prices rose on Tuesday, as upcoming U.S. sanctions against Iran continued to increase the cost of oil.

West Texas Crude oil futures surged 1.05% to $66.11 a barrel as of 10:30 AM ET (14:30 GMT). Meanwhile Brent crude futures, the benchmark for oil prices outside the U.S., increased 0.57% to $72.62.

Oil prices have been driven higher in the past few months as demand for oil outsrips supply and upcoming U.S. sanctions against Iran have also supported prices. The financial sanctions against Iran were introduced this month by the U.S. government and will target the petroleum sector of Iran in November.

The European Union is expected to stop buying oil from Iran. French oil giant Total, one of the largest European buyers of Iranian oil, plans to halt imports. However China has said it would continue buying large volumes of Iranian oil despite U.S. pressure.

A drop of crude supply is expected in November when the U.S. sanctions against Iran will take effect. U.S. offered on Monday 11 million barrels of crude from its Strategic Petroleum Reserve for delivery from Oct. 1 to Nov. 31 to prevent a huge jump in oil prices once the sanctions kick in.

Meanwhile the oil rig count in the U.S. was unchanged last week, according to the Baker Hughes services firm as weaker oil prices stalled the pace of U.S. production growth.

Still, the oil rig count in North America has jumped in the last two years hitting its highest level since March 2015..

In other energy trading, Gasoline RBOB Futures rose 0.47% at $2.0209 a gallon, while heating oil was up 0.86% to $2.1319 a gallon. Natural gas futures inched up 0.68% to $2.961 per million British thermal units.

Stocks- Wall Street Opens Higher on Trade Talk Optimism

Investing.com – Wall Street opened higher on Tuesday as trade talks between the U.S. and China continued to bolster investor confidence.

The S&P 500 rose 7 points, or 0.27%, to 2,864.78 as of 9:40 AM ET (13:40 GMT), while the Dow increased 60 points, or 0.23%, to 25,819.15 and the tech-heavy Nasdaq Composite rose 24 points, or 0.31% to 7,845.25.

U.S. and Chinese officials are expected to meet in Washington on Wednesday and Thursday to discuss trade disagreements, shortly before the latest round of trade tariffs go into effect.

However, U.S. President Donald Trump told Reuters that he does not expect much progress from the talks, dampening expectations that an agreement will be reached before the tariff deadline.

Medical marijuana company Canopy Growth Corp (NYSE:CGC) was among the top gainers after the morning bell, surging 3.43% after alcoholic beverage giant Constellation Brands (NYSE:STZ) invested in the company.

Meanwhile, Tesla (NASDAQ:TSLA) rose 0.92% while Apple (NASDAQ:AAPL) rose 0.31% and Netflix (NASDAQ:NFLX) was up 2.26%.

Retailer Kohl’s Corporation (NYSE:KSS) fell 2.13% after its full-year earnings forecast fell short of analyst' estimates despite strong earnings results.

In Europe stocks were mostly up. Germany’s DAX rose 86 points, or 0.70%, while in France the CAC 40 increased 45 points, or 0.84%, and in London, the FTSE 100 was down 17 points, or 0.23%. Meanwhile the pan-European Euro Stoxx 50 gained 27 points, or 0.80%, while Spain’s IBEX 35 surged 109 points, or 1.15%.

In commodities, gold futures rose 0.28% to $1,197.90 a troy ounce while crude oil futures increased 1.39% to $66.33 a barrel. The U.S. dollar index, which measures the greenback against a basket of six major currencies, fell 0.19% to 95.50.

Saudi Arabia stocks lower at close of trade; Tadawul All Share unchanged

Investing.com – Saudi Arabia stocks were lower after the close on Tuesday, as in the sectors led shares .

At the close in Saudi Arabia, the Tadawul All Share unchanged 0.00%.

The best performers of the session on the Tadawul All Share were Al Baha Investment and Development Company SJSC (SE:4130), which rose 1.16% or 0.18 points to trade at 15.64 at the close. Meanwhile, Al Mashaar REIT (SE:4337) unchanged 0.00% or 0.00 points to end at 7.63 and The Mediterranean&Gulf Insurance Co (SE:8030) was unchanged 0.00% or 0.00 points to 20.90 in late trade.

The worst performers of the session were Al Mashaar REIT (SE:4337), which unchanged 0.00% or 0.00 points to trade at 7.63 at the close. Malath Cooperative Insurance Co (SE:8020) unchanged 0.00% or 0.00 points to end at 13.88 and The Mediterranean&Gulf Insurance Co (SE:8030) was 0.00% or 0.00 points to 20.90.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 0 to 0.

Crude oil for October delivery was up 1.22% or 0.80 to $66.22 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October rose 0.79% or 0.57 to hit $72.78 a barrel, while the December Gold Futures contract rose 0.26% or 3.10 to trade at $1197.70 a troy ounce.

EUR/SAR was up 0.19% to 4.3153, while USD/SAR fell 0.02% to 3.7501.

The US Dollar Index Futures was down 0.16% at 95.53.

Bitcoin Remains Bearish as Cryptos Fall

Investing.com - Cryptocurrencies continued to fall on Tuesday, as Bitcoin remained in bearish territory.

Bitcoin fell 0.56% to $6,405.60 on the Bitfinex exchange, as of 8:13 AM ET (12:13 GMT).

Cryptocurrencies overall were down, with the coin market cap of total market capitalization was at $210 billion at the time of writing compared to $212 billion on Monday.

Ethereum, the second biggest alternative currency by market cap, fell 3.84% to $280.18 while Ripple, the third largest virtual currency, decreased 2.02% to $0.32992 and Litecoin was at $55.50, down 1.46%.

In other news, trading volumes at virtual currency exchange Coinbase fell by 83% to $3.9 billion from their all-time high of nearly $21 billion in January. Financial research company Bernstein said in a recent report that Coinbase could end up with an “unassailable competitive position” as traditional financial firms are unlikely to push into crypto spot trading in the near future due to worry over regulations and money laundering.

Still, exchanges are likely to double the amount of money they made last year, despite the fall in bitcoin and other digital coins, the report from Bernstein found, with Coinbase receiving about 50% of total revenues. Revenue at digital exchanages could increase to as much as $4 billion in 2018, compared to $1.8 billion in 2017.

Meanwhile, the volume of bitcoin futures listed at CME Group (NASDAQ:CME) doubled in July and rose in August, while Chicago-based rival Bitcoin Futures CBOE failed to grow as much, the Financial Times reported. The two exchanges are under pressure as a third company, Intercontinental Exchange, plans to offer its own bitcoin futures in November.

Stocks - Discount Brokers Plunge in Pre-market, Toll Brothers Soars

Investing.com - Stocks in focus in pre-market trade Tuesday:

• TD Ameritrade (NASDAQ:AMTD) stock tumbled 5.90%, Charles Schwab (NYSE:SCHW) fell 4.38% and E-TRADE Financial Corporation (NASDAQ:ETFC) sank 5.63% by 8:10 AM ET (12:10 GMT) as JPMorgan Chase (NYSE:JPM) announced it would offer free trades via a new investing app.

Toll Brothers (NYSE:TOL) stock jumped 6.54% as the company reported fiscal third quarter results that beat on the top and bottom line.

• Tesla (NASDAQ:TSLA) stock gained 0.77% despite a Wall Street Journal report that 18 of 22 respondents in a survey of suppliers think the auto maker is a financial risk to their companies.

Twitter Inc (NYSE:TWTR) stock advanced 0.49% and Facebook (NASDAQ:FB) stock rose 0.52% despite U.S. President Donald Trump’s warning that it was “very dangerous” for social media companies to silence voices on their platforms.

• Kohl’s (NYSE:KSS) traded down 1.92% despite reporting better-than-expected second quarter numbers and lifting its full-year guidance.

• JM Smucker (NYSE:SJM) stock dropped 0.32% as fiscal first quarter revenue came in slightly below expectations.

Medtronic (NYSE:MDT) stock jumped 3.77% after fiscal first quarter results beat consensus.

Fabrinet (NYSE:FN) stock soared 7.39% as the company reported better-than-expected quarterly results.

• J.Jill Inc (NYSE:JILL) stock plummeted 11.11% after the company forecast that fiscal third quarter comparable sales would fall 2% to 4%.

United Arab Emirates stocks higher at close of trade; DFM General up 0.44%

Investing.com – United Arab Emirates stocks were higher after the close on Tuesday, as gains in the Consumer Staples, Banking and Insurance sectors led shares higher.

At the close in Dubai, the DFM General rose 0.44%, while the ADX General index unchanged 0.00%.

The best performers of the session on the DFM General were AJMAN BANK PJSC (DU:AJBNK), which rose 3.30% or 0.030 points to trade at 0.940 at the close. Meanwhile, DXB Entertainments (P.J.S.C.) (DU:DXBE) added 2.34% or 0.008 points to end at 0.350 and Emirates NBD PJSC (DU:ENBD) was up 2.25% or 0.200 points to 9.100 in late trade.

The worst performers of the session were Amanat Holdings PJSC (DU:AMANT), which fell 8.62% or 0.100 points to trade at 1.060 at the close. Emirate Integrated Telecom Co PJSC (DU:DU) declined 1.36% or 0.070 points to end at 5.060 and Amlak Finance PJSC (DU:AMLK) was down 1.21% or 0.008 points to 0.654.

The top performers on the ADX General were Sharjah Group Co (AD:SG) which unchanged 0.00% to 1.30, Finance House (AD:FH) which was unchanged 0.00% to settle at 1.680 and Emirates Ins C (AD:EIC) which unchanged 0.00% to close at 7.20.

The worst performers were Sharjah Group Co (AD:SG) which was unchanged 0.00% to 1.30 in late trade, Finance House (AD:FH) which unchanged 0.00% to settle at 1.680 and Emirates Ins C (AD:EIC) which was unchanged 0.00% to 7.20 at the close.

Falling stocks outnumbered advancing ones on the Dubai Stock Exchange by 0 to 0; on the Abu Dhabi, 0 fell and 0 advanced.

Shares in Amanat Holdings PJSC (DU:AMANT) fell to 52-week lows; losing 8.62% or 0.100 to 1.060. Shares in Amlak Finance PJSC (DU:AMLK) fell to all time lows; down 1.21% or 0.008 to 0.654.

Crude oil for October delivery was up 0.12% or 0.08 to $65.50 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October rose 0.29% or 0.21 to hit $72.42 a barrel, while the December Gold Futures contract rose 0.43% or 5.10 to trade at $1199.70 a troy ounce.

USD/AED was unchanged 0.00% to 3.6732, while EUR/AED rose 0.29% to 4.2304.

The US Dollar Index Futures was down 0.22% at 95.47.

India stocks higher at close of trade; Nifty 50 up 0.17%

Investing.com – India stocks were higher after the close on Tuesday, as gains in the Power, Healthcare and IT sectors led shares higher.

At the close in NSE, the Nifty 50 gained 0.17% to hit a new all time high, while the BSE Sensex 30 index gained 0.02%.

The best performers of the session on the Nifty 50 were UPL Ltd (NS:UPLL), which rose 4.41% or 27.30 points to trade at 646.20 at the close. Meanwhile, Tech Mahindra Ltd (NS:TEML) added 3.12% or 21.45 points to end at 709.40 and Coal India Ltd (NS:COAL) was up 2.52% or 7.15 points to 291.40 in late trade.

The worst performers of the session were Tata Steel Ltd (NS:TISC), which fell 2.88% or 17.25 points to trade at 582.15 at the close. Bharat Petroleum Corp. Ltd. (NS:BPCL) declined 1.92% or 7.20 points to end at 368.75 and Hindustan Unilever Ltd. (NS:HLL) was down 1.38% or 24.50 points to 1752.50.

The top performers on the BSE Sensex 30 were Coal India Ltd (BO:COAL) which rose 2.59% to 291.55, AXIS Bank Ltd. (BO:AXBK) which was up 1.92% to settle at 636.20 and NTPC Ltd (BO:NTPC) which gained 1.70% to close at 161.20.

The worst performers were Tata Steel Ltd (BO:TISC) which was down 2.86% to 582.25 in late trade, Hindustan Unilever Ltd. (BO:HLL) which lost 1.30% to settle at 1752.40 and Vedanta Ltd (BO:VDAN) which was down 1.17% to 219.20 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 832 to 792 and 47 ended unchanged; on the Bombay Stock Exchange, 1353 fell and 1281 advanced, while 160 ended unchanged.

Shares in AXIS Bank Ltd. (BO:AXBK) rose to 3-years highs; gaining 1.92% or 12.00 to 636.20.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 1.00% to 12.9025.

Gold Futures for December delivery was up 0.51% or 6.10 to $1200.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 0.15% or 0.10 to hit $65.52 a barrel, while the October Brent oil contract rose 0.36% or 0.26 to trade at $72.47 a barrel.

USD/INR was up 0.06% to 69.805, while EUR/INR rose 0.39% to 80.4855.

The US Dollar Index Futures was down 0.26% at 95.43.

Philippines stocks lower at close of trade; PSEi Composite down 1.09%

Investing.com – Philippines stocks were lower after the close on Tuesday, as losses in the Holding Firms, Mining&Oil and Industrials sectors led shares lower.

At the close in Philippines, the PSEi Composite lost 1.09%.

The best performers of the session on the PSEi Composite were LT Group Inc (PS:LTG), which rose 1.14% or 0.200 points to trade at 17.700 at the close. Meanwhile, First Gen Corp (PS:FGEN) added 0.78% or 0.12 points to end at 15.52 and Globe Telecom Inc (PS:GLO) was up 0.76% or 15.00 points to 1985.00 in late trade.

The worst performers of the session were Ayala Corp (PS:AC), which fell 4.40% or 44.00 points to trade at 955.00 at the close. JG Summit Holdings Inc (PS:JGS) declined 4.11% or 2.200 points to end at 51.300 and Manila Electric Co (PS:MER) was down 3.53% or 12.80 points to 350.20.

Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 0 to 0.

Gold Futures for December delivery was up 0.51% or 6.10 to $1200.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 0.03% or 0.02 to hit $65.44 a barrel, while the October Brent oil contract rose 0.21% or 0.15 to trade at $72.36 a barrel.

CNY/PHP was up 0.15% to 7.7957, while USD/PHP rose 0.02% to 53.334.

The US Dollar Index Futures was down 0.24% at 95.45.

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