Tag Archives: September

Top stocks in focus on Monday, 25 September, 2017

Now-hot-now-cold war cries on the Korean Peninsula, distress signs in the domestic economy and rapid exit of foreign portfolio money all hemmed in to drag the domestic stock market last week, and mutual funds were no longer able to cushion that fall. For some, it’s a wait-and-watch situation now; for others, it’s a stock-picking opportunity. We scoured news sources for events and triggers that ... Read More »

Sales accounted under GST could distort September quarter picture

Investors are in for a surprise when the September quarter results are declared. This will be the first earnings season post-goods and services tax (GST) and differences in how sales will be recorded now are likely to distort reported growth figures. Companies have cautioned about this in their analyst meets and conference calls. Some may provide some comparison to help ... Read More »

UK manufacturing picks up in September, ONS figures show

Manufacturing growth sped up in September, as UK factories continued to pick up from a sharp post-referendum drop, official figures show. Output from manufacturers rose by 0.6% last month, up from 0.2% in August and a 0.9% fall in July, according to the Office for National Statistics (ONS). Drug makers and factories carrying out repairs grew strongly, it said. However, ... Read More »

UK trade deficit widens in September, official figures show

The UK trade deficit widened to £5.2bn in September from £3.8bn in August, the Office for National Statistics (ONS) said. Exports decreased by £0.2bn, while imports increased by £1.2bn. The widening between imports and exports was in part driven by a record £8.7bn deficit with the European Union. Although the pound fell sharply after the Brexit vote, the ONS said ... Read More »

Rising gasoline, rents push U.S. inflation higher in September

U.S. consumer prices recorded their biggest gain in five months in September as the cost of gasoline and rents surged, pointing to a steady build-up of inflation that could keep the Federal Reserve on track to raise interest rates in December. The Labor Department said on Tuesday its Consumer Price Index increased 0.3 percent last month after rising 0.2 percent ... Read More »

China September exports fall more than expected, imports back in contraction

China’s September exports fell 10 percent from a year earlier, far worse than expected, while imports unexpectedly shrank 1.9 percent after picking up in August, suggesting signs of steadying in the world’s second-largest economy may be short-lived. That left the country with a trade surplus of $41.99 billion for the month, the General Administration of Customs said on Thursday. Analysts ... Read More »

House prices rise for second month in September, London weak

British house prices rose for a second month in September and enquiries from buyers picked up for the first time since February, suggesting the housing market has weathered the initial shock of the Brexit vote, a survey showed. But prices in London fell again due to uncertainty about what the decision to leave the European Union means for the capital ... Read More »

UK shoppers spend more in September, Brexit worries likely to weigh – BRC

British consumers picked up the pace of their spending in September after a weak August, but the country’s planned exit from the European Union is likely to weigh on sales ahead, an industry group said on Tuesday. Spending rose by fell by 1.3 percent compared with September last year, recovering from a fall of 0.3 percent in August, the British ... Read More »

UK factory activity grows in September at fastest rate since June 2014 – PMI

British factory activity grew at the fastest rate in more than two years last month, boosted by a surge in export orders after sterling slumped following June’s referendum vote to leave the European Union, a survey showed on Monday. The Markit/CIPS Purchasing Managers’ Index (PMI) for the manufacturing sector reached its highest level since June 2014 in September, rising to ... Read More »