India's Sensex rose 1.1% to close at 65675.93, tracking gains across regional equity markets, which were spurred by softer-than-expected U.S. inflation…
Analysts cut 2024 earnings outlooks for Asian firms amid China slowdown, Q3 profit gloom marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.
Prospects for robust earnings growth for Asian companies in 2024 look bleak as analysts are relentlessly cutting regional companies' forward 12-month earnings estimates due to China's faltering economy, disappointing third-quarter earnings, and a rise in interest rates. According to LSEG's IBES data, anal
In terms of sectors, Nomura suggests that as long as geopolitical concerns persist, stocks related to oil and energy, as well as telecom, may perform relatively well