Large currency speculators turned net long in the Pound futures, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC). The non-commercial futures contracts of Pound futures, traded by large speculators and hedge funds, totaled a net long position of 25402 contracts in the data reported through May 28 2024. This was a weekly rise of 24349 net contracts and at its highest level in almost eight weeks.
Posts in category Business Standard
Brokers impose higher trading margins to withstand election volatility (03-06-2024)
India’s benchmark equity indexes hit record highs on Monday after exit polls over the weekend predicted a landslide victory for PM Modi
NSE SME Vilas Transcore rallies on debut (03-06-2024)
Shares of Vilas Transcore were quoting at Rs 225.75 on the NSE, a premium of 53.57% compared with the issue price of Rs 147.
InterGlobe Aviation edges higher on codeshare deal with Japan Airlines (03-06-2024)
InterGlobe Aviation added 2.74% to Rs 4296 after media reports suggested that the company has agreed on a codeshare partnership with Japan Airlines (JAL) that will greatly benefit customers by providing more travel options between Japan and India.
Filatex Fashions Ltd leads losers in ‘B’ group (03-06-2024)
Jasch Gauging Technologies Ltd, AVG Logistics Ltd, DRC Systems India Ltd and Semac Consultants Ltd are among the other losers in the BSE’s ‘B’ group today, 03 June 2024.
Navin Flourine rallies on appointing Nitin Kulkarni as MD (03-06-2024)
Navin Flourine gained 3.66% to Rs 3,305.30 after its board appointed Nitin Kulkarni as the managing director (MD) and key managerial personnel of the company with effect from 24 June 2024 for a period of five years.
PNC Infratech stock jumps 7% as its subsidiary settles dispute with NHAI (03-06-2024)
The stock prices zoomed after the National Highway Authority of India (NHAI)and PNC Kanpur Highways, a subsidiary of the company, agreed to settle the amount of Rs 398.60 crore
Indices trade with robust gains; bank shares advance (03-06-2024)
The last phase of the Lok Sabha polls ended on Saturday, following which the exit poll results forecast a historic third term for Prime Minister Narendra Modi. The counting for the Lok Sabha polls will take place on Tuesday, June 4.
Speculative Net Longs In Euro Futures Rise To Over 2-Month High (03-06-2024)
Large currency speculators in the Euro futures market increased their net long position, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC). The non-commercial futures contracts of Euro futures, traded by large speculators and hedge funds, totaled a net long position of 57572 contracts in the data reported through May 28, 2024. This was a weekly gain of 16097 net contracts and at its highest level in more than two months.
Volumes soar at AIA Engineering Ltd counter (03-06-2024)
AIA Engineering Ltd clocked volume of 4.97 lakh shares by 14:14 IST on NSE, a 7.58 times surge over two-week average daily volume of 65591 shares