Equities market closed today on a positive note, as NSEASI appreciated by 1.07% to close at 31,477.51 points as against 3.07% appreciation recorded previously. Its Year-to-Date (YTD) returns currently stands at 0.15%.
The now famous Hong Kong virtual banking licenses have been a bit of a mixed bag for the region, but nevertheless, it’s gotten a lot of attention. To date, four licensees will be ready to go to market before the year closes.
US-China trade tensions have negatively affected consumers as well as many producers in both countries. The tariffs have reduced trade between the US and China, but the bilateral trade deficit remains broadly unchanged.