Financial markets
CME Group and FanDuel have announced a groundbreaking alliance to launch new products and expand access to financial markets for millions of FanDuel customers in the United States. This innovative partnership will see the development of new fully funded, event-based contracts with defined risk, allowing customers to express their views
Financial markets
UK borrowing costs have reached their highest level since 1998, with yields on government bonds surging amid investor jitters over Chancellor Rachel Reeves' plans and rising inflation. The rise in yields has reduced the headroom available to the Chancellor from £9.9 billion to £3.4 billion, making it
Financial markets
Van Herk Investments B.V. has notified Zealand Pharma A/S of its holding of nominally 7,115,191 shares, equivalent to 9.973% of the total share capital and 9.973% of the total voting rights in the company. This significant shareholder holds its shares through a complex ownership
Financial markets
Researchers from Universitas Padjadjaran, Indonesia, have explored the potential of Ridge Regression in stock return prediction and portfolio optimization for the Indonesian banking sector. The study aims to build an integrated pipeline for portfolio prediction and optimization using Ridge Regression on Indonesian banking stocks. The research used daily closing price
Financial markets
Karachi's stock market experienced a range of movements on August 23, 2025, with Dewan Farooque Motors Limited (DFML) showcasing varied stock price behavior across different market categories. In the futures market, the stock had significant movements, with the August settlement displaying a minor move. Similarly, in the square
Financial markets
On August 19, 2025, Fauji Cement Company Limited (FCCL) witnessed varied trading activity across different market categories, as reported by the Pakistan Stock Exchange (PSX). The futures market displayed a range of prices for the August, October, and September 2025 contracts, with the August and October futures closing at 53.
Financial markets
The Nigerian Senate Committee on Capital Market and Institutions has announced an initiative to introduce municipal bonds and Sukuk as viable instruments for funding critical infrastructure at the local government level. This move aims to provide the country with a sustainable, market-driven alternative to traditional financing methods. Senator Osita Izunaso,
Financial markets
The past year has seen significant fluctuations in the stock market, primarily due to Foreign Institutional Investors (FIIs) selling, US tariff drama, and other global events. Amidst this volatility, mutual funds, including thematic or sectoral funds, have faced a decline in growth. Despite this, for investors looking to ride the
Financial markets
Britain's dire fiscal position has turned it into a magnet for bond investors' worst fears, according to Jason Borbora-Sheen, a portfolio manager at Ninety One. The UK's history of poorly managed monetary and fiscal policymaking has left it exposed to market "tantrums" and
Financial markets
The Thatta Cement Company Limited demonstrated varying price movements across different settlement types on August 18, 2025. The regular settlement market category exhibited a last day close price of 44.38, categorized as a Minor move. In contrast, the futures market category for the August settlement showed a last day
Financial markets
In a bid to educate shareholders and enhance corporate governance in Pakistan, the Central Depository Company of Pakistan (CDC) and the Pakistan Institute of Corporate Governance (PICG) have introduced a new digital platform, Shareholder Agahi. The platform was launched under the guidance of the Securities and Exchange Commission of Pakistan
Financial markets
A 67-year-old retired businessman from Noida Sector 128 was duped of Rs. 68.77 lakh by a cyber fraud involving stock market investments after being approached by an unidentified woman. The victim, who wished to remain anonymous, was convinced to invest in the share market through a stock trading group
