Tag: etf

BEIJING (Reuters) – Global pharmaceutical majors and generic drugmakers chopped by 53% on average prices of some of their off-patent products in the latest bidding round under China’s national bulk-buy program, government officials said late on Friday. Beijing has been pushing forward the program where drugmakers have to go through a bidding process and cut prices low enough to be considered over generic copies and be allowed to sell their products at public hospitals via large-volume government procurement. Some global firms such as AstraZeneca (L:) and Merck (N:) have already…

© Reuters. FILE PHOTO: A man looks at a stock quotation board outside a brokerage in Tokyo By Tomo Uetake TOKYO (Reuters) – Stocks were steady in early Asian trade on Wednesday as investors awaited the signing of an initial U.S.-China trade deal, with sentiment somewhat dented by comments from the U.S. Treasury Secretary’s that tariffs would remain in place for now. MSCI’s broadest index of Asia-Pacific shares outside Japan eased 0.13%, Japan’s benchmark and South Korea’s Kospi shed 0.29% and 0.48%, respectively, while Australian stocks added 0.33%. Treasury Secretary…

© Reuters. By Peter Nurse Investing.com – U.S. stocks pushed higher after the open Monday, as global macro concerns eased and investors took on board positive company-specific news, including a flurry of midcap mergers and some upbeat earnings guidance. The index was trading 6 points, or 0.2%, higher by 0935 ET (1435 GMT), with the up 33 points, or 0.4%. The gained 27 points, or 0.1%. Fears of major military action in the Middle East have dimmed, although the Iranian authorities are under pressure from domestic protests over the downing…

(Bloomberg) — U.S. stock positioning is near extreme levels as investors price in improving worldwide economic growth, according to Deutsche Bank AG (DE:). “Equity positioning, like the market itself, has run far ahead of current growth asinvestors price in a global growth rebound,” strategists Parag Thatte, Srineel Jalagani and Binky Chadha wrote in a note Friday. It “is now in the 96th percentile on our consolidated measure, with a wide variety of metrics very stretched.“ Systematic strategies have raised equity exposure to the top of their ranges — to where…

© Reuters. Denmark stocks higher at close of trade; OMX Copenhagen 20 up 0.29% Investing.com – Denmark stocks were higher after the close on Tuesday, as gains in the , and sectors led shares higher. At the close in Copenhagen, the added 0.29%. The best performers of the session on the were Pandora A/S (CSE:), which rose 3.38% or 11.1 points to trade at 339.3 at the close. Meanwhile, ISS A/S (CSE:) added 3.12% or 5.10 points to end at 168.40 and Genmab (CSE:) was up 2.57% or 36.5 points…