Japan’s Nikkei inches higher amid weaker yen, pharma extends rally
Japan’s Nikkei share average rose in early trade on Friday, with pharma shares rallying for a second session, although gains were limited as tech stocks followed their U.S. peers lower. Japanese exporter-heavy equity markets also got some broad support from a weaker yen versus the dollar. However, the outlook for the currency pair looks murky,…
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Fiscal prudence can help bring down the cost of capital
The government continues to walk the talk on the path of fiscal prudence. The glide path 2026-27 onwards envisages fiscal deficits such that the percentage of government debt to GDP keeps falling. This is a very big and ambitious statement for a developing economy like India. These targets are being achieved without compromising on the…
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Why DBS Bank strategist Joanne Goh prefers smallcap and midcap stocks in this bull market
While many other institutional investors have been raising red flags over the non-stop rise in share prices in the broader market, Joanne Goh, Senior Investment Strategist of DBS Bank, prefers small and midcaps on a risk-adjusted basis, saying that high growth potential offers opportunities for significant returns. “With the near doubling of public capex in…
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