Holdings Financial News

Brazilian police have asked courts to freeze the crypto holdings of suspected electronics-trading fraudsters as part of a “mega operation.”

bond investors have been cutting down exposure to some of their most widely held long-term Indian government bonds amid a deepening rout in international fixed-income markets and the strengthening belief that interest rates would remain higher for longer. In the fully accessible route (FAR) for government securities, the aggregate holding of foreign investors in their most favoured long-term bond has fallen by ₹1,192.6 crore over the past couple of months even as investment in other securities has remained broadly steady. As on August 18, the aggregate holding of foreign portfolio investors (FPIs) in the 7.26%, 2032 government bond — an erstwhile 10-year benchmark security — accounts for 5.37% of the bond's outstanding stock of ₹1.48 lakh crore, down from 6.17% on June 19, Clearing Corporation of India data showed. The 7.26%, 2032 bond is one of the three most widely held bonds by FPIs in the FAR category, which does not have any limits on foreign investment. Longer-term securities pose a greater degree of risk on bond portfolios. Overall foreign portfolio investment in the general category for central government securities has also dwindled, having fallen by ₹5,790 crore so far in 2023. «On the FPI investments in fixed-income, given where the US interest rates are, any other fixed-income market is not looking that attractive right now.

ETF) backed by traditional safe-haven gold this year, despite sticky inflation. Overall holdings in over 100 gold ETFs tracked by the World Gold Council (WGC) fell to 3,348 metric tons as of Aug. 18, at their lowest level since 3,330 tons in April 2020.

The central bank of Colombia has not yet decided whether or not to issue a central bank digital currency (CBDC), but believes that setting limits on CBDC transactions could bring about a number of benefits.

Abans Holdings Ltd on Friday said it has secured board's approval to diversify its operations and enter into the country's mutual fund business. This strategic move will position the company at the forefront of asset management services, Abans Holdings said in a statement. In addition, the company said it has received board's clearance for establishing an asset management business in Singapore. «Through its subsidiary, Abans Broking Services Pvt Ltd, the company is proposing for making an application to obtain a capital markets license to engage in fund management activities in Singapore,» the statement noted.

Adani Ports and SEZ and Adani Airport Holdings, the two Adani Group companies are in talks with merchant bankers to raise upto ₹1,500 crore each through local currency bonds, Reuters reported. These two companies are likely to be the first in Adani Group to tap the bond market as a part of the billionaire Gautam Adani led-ports-to-power conglomerate’s plan to raise ₹10,000 crore in FY24, the Reuters report added quoting a company official and bankers.

San Fransico-based Sofi Bank revealed it holds $170 million in crypto on its balance sheet in the Q2 earning report. The United States bank that serves over 6 million customers has seen a significant increase in its crypto holdings compared to the last quarter.

Stocks that are trading heavily or have substantial price changes Wednesday: Toast, Array Technologies rise; Upstart Holdings, Roblox fall

Profits rebounded at Warren Buffett’s conglomerate along with the value of its $353 billion stock portfolio in the second quarter to hit $35.9 billion

Stocks that traded heavily or had substantial price changes on Friday: Amazon, Booking Holdings rise; Apple, Monster Beverage fall

Warren Buffett and Charlie Munger's legendary investment behemoth Berkshire Hathaway (NYSE: BRKa) (BRKb) is poised to reveal its second-quarter 2023 earnings performance during the upcoming weekend, potentially shaping the overall market performance next Monday.

Temasek Holdings and Mahindra & Mahindra have executed a binding agreement whereby the former will invest Rs 1,200 crore in the latter’s subsidiary Mahindra Electric Automobile Ltd. Temasek will invest the money by subscribing to compulsorily convertible preference shares at a valuation of Rs 80,580 crore, M&M said in a release. This investment will result in Temasek holding a 1.49-2.97% stake in Mahindra Electric Automobile.

Twin Star Holdings — one of the promoters of Anil Agarwal-owned Vedanta Ltd — will be selling a 4.3% stake in the company through block deals Thursday, documents reviewed by ET showed. The shares will be sold at a floor price of ₹258.50 a share, which translates into more than a 5% discount to Wednesday's closing price of ₹272.80 on the National Stock Exchange.

Twin Star Holdings, the promoter company of Anil Agarwal-led Vedanta Group, is seeking up to $501 million dollar by selling a 4.3 per cent stake in Vedanta via a share sale. As per reports, the promoter entity will be selling 16 crore Vedanta shares in block deal at an offer price of Rs 258.5 per share on Thursday.

Bajaj Holdings & Investment Ltd. traded at Rs 7354.4 on BSE at 01:54PM (IST) on Wednesday, down 1.05 per cent from previous close. The stock quoted a 52-week low price of Rs 4810.0 and a high of Rs 7638.0.

NEW DELHI : The aggregate holdings of retail investors in stocks listed on the National Stock Exchange rose to a record high of ₹22.1 trillion as of June 2023, a Mint analysis of data sourced from primeinfobase.com showed. The analysis covered 1,910 companies that had retail shareholders as of 30 June 2023 and whose latest data is available. The value of retail holdings in these companies has risen nearly 15% since 31 March, while it has jumped 23% from a year ago.

Bajaj Holdings & Investment Ltd. dropped 0.14 per cent to Rs 7512.55 at 12:28PM (IST) in Monday's trade. The stock has hit a high of Rs 7542.75 and low of Rs 7428.45 so far during the session.

ASML Holdings (AS:ASML) was cut to Market-Perform at Bernstein on Friday, with analysts lowering the price target to $785 from $810 per share.

Canada's financial watchdog is proposing changes to its capital and liquidity approach to crypto assets, according to an announcement on July 26. According to the Office of the Superintendent of Financial Institutions (OSFI), the proposed rules will simplify institutions' approach to perceived crypto risks, defining four categories of crypto assets and their capital treatment.

Bandhan Financial Holdings (BFHL) has entered into a “definitive agreement” with Aegon India Holding and Bennett, Coleman & Company for the acquisition of the entire shareholding of Aegon and BCCL in Aegon Life Insurance Company.

Bajaj Holdings & Investment Ltd. gained 1.49 per cent to Rs 7611.0 at 10:05AM (IST) in Wednesday's trade. The scrip hit a high of Rs 7628.45 and low of Rs 7374.05 so far during the session.