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Progyny falls as big client plans to terminate services agreement

BUZZ-Progyny falls as big client plans to terminate services agreement ** Shares of fertility benefits management firm Progyny Inc PGNY.O fall 23.53% to $18.69 premarket ** Co was recently notified by a significant client that has elected to exercise a 90-day option to terminate its services agreement, effective as of Jan 1, 2025 - filing ** Says t

Large Fed rate cut drives global markets higher

GLOBAL MARKETS-Large Fed rate cut drives global markets higher World stocks near record high after bumper Fed cut Commodities cheer hopes of economic lift Bond markets take it all in their stride, BoE up next Graphic: World FX rates http://tmsnrt.rs/2egbfVh By Marc Jones LONDON, Sept 19 (Reuters) - A wave of risk appetite swept global financial markets higher from stocks and the dollar to gold and oil on Thursday, after the U.S.
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India's Aristo Bio-Tech and Lifescience rises on 43 mln-rupee order wins

BUZZ-India's Aristo Bio-Tech and Lifescience rises on 43 mln-rupee order wins ** Shares of Aristo Bio-Tech and Lifescience ARIO.NS rise as much as 2.4% to 108.70 rupees ** Agrochemical co gets two orders from National Fertilizers NAFT.NS worth 43.2 mln rupees ($516,666) ** Stock set to gain this week after a loss that ended a three-week winning run

Britain needs new strategies to tap foreign billions and spur savings, trade bodies say

UPDATE 1-Britain needs new strategies to tap foreign billions and spur savings, trade bodies say Adds context paragraph 3, Investment Association policy objectives and data from paragraph 8 LONDON, Sept 19 (Reuters) - Britain could attract up to 7.7 billion pounds ($10.2 billion) in additional foreign sovereign investment by 2030 if it pursues a long-term blueprint for enticing such funds, a report said.

UK's Capricorn Energy gains on resumption of investment in Egypt

BUZZ-UK's Capricorn Energy gains on resumption of investment in Egypt ** Shares of Capricorn Energy CNE.L rise 6% to 230p ** UK-based oil and gas exploration and production co says resumed investing in Egypt after improvement of cash collections, has cash receipts of $93 mln in H1 vs $50 mln in H1 2023 ** Co is engaging with operating partner Cheir
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Harris election win may keep USD bears in clover

BUZZ-COMMENT-Harris election win may keep USD bears in clover Sept 19 (Reuters) - The FX market is turning its attention towards November's U.S. presidential election for clues about how dovish the Federal Reserve will be in 2025, after the central bank kicked off its easing cycle with a larger than usual 50 basis point rate reduction. A victory for Kamala Harris on Nov.

Asian stocks, FX up after Fed's bumper cut; Indonesian equities hit record high

EMERGING MARKETS-Asian stocks, FX up after Fed's bumper cut; Indonesian equities hit record high Updates as of 0731 GMT Fed delivers 50-bp interest rate cut Singapore stocks at over 6-yr high Philippine stocks at highest since March 2022 By Roshan Thomas and Himanshi Akhand Sept 19 (Reuters) - Emerging Asian markets gained on Thursday following the U.S.
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Asian stocks, FX up after Fed's bumper cut; Indonesian equities hit record high

EMERGING MARKETS-Asian stocks, FX up after Fed's bumper cut; Indonesian equities hit record high Fed delivers 50-bp interest rate cut Singapore stocks at over 6-yr high Philippine stocks at highest since March 2022 Updates as of 0731 GMT By Roshan Thomas and Himanshi Akhand Sept 19 (Reuters) - Emerging Asian markets gained on Thursday following the U.S.
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China stocks rebound as Fed rate relief lifts easing hopes

China stocks rebound as Fed rate relief lifts easing hopes Updates to market close By Summer Zhen and Samuel Shen HONG KONG, Sept 19 (Reuters) - China shares rebounded from modest early losses on Thursday, led by gains in real estate developers and consumer goods, as the start of long-awaited U.S. rate cuts raised hopes that Beijing will have more latitude to stimulate the ailing Chinese economy.
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Miners do heavy lifting as STOXX rises ahead of BOE

LIVE MARKETS-Miners do heavy lifting as STOXX rises ahead of BOE STOXX 600 up 0.9% Fed cuts by 50 bps, eyes on BoE Ocado top index after results Miners surge 3%, utilities down Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com MINERS DO HEAVY LIFTING AS STOXX RISES AHEAD OF BOE The STOXX 600 .STOXX is up 1% as markets digest the first rate cut in four years from the U.S's Federal R
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Pakistan benchmark share index hits all-time high

UPDATE 1-Pakistan benchmark share index hits all-time high Writes through with quotes and context ISLAMABAD, Sept 19 (Reuters) - Pakistan's benchmark share index .KSE hit a record high on Thursday, climbing 1.9% in intraday trading, on expectations of further substantive monetary easing to spur economic growth. The central bank has cut its key policy rate by a total of 450 basis points to 17.5% in three successive policy decisions since late July, taking heart as inflation eases.

Russian rouble hits lowest against China's yuan in almost a year

Russian rouble hits lowest against China's yuan in almost a year MOSCOW, Sept 19 (Reuters) - The Russian rouble fell to its lowest against China's yuan since Oct. 2023 on the Moscow Stock Exchange on Thursday, weakening below the 13 mark. By 0800 GMT the rouble was down 1.2% against the yuan, according to Moscow Stock Exchange data. It was up 1.4% at 92.24 against the dollar RUB= , regaining some ground after weakening by over 2% in the previous day, LSEG data showed.
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India's Wockhardt up after drug found effective in meningitis case

BUZZ-India's Wockhardt up after drug found effective in meningitis case ** Shares of Wockhardt Ltd WCKH.NS rise as much as 5% to 1,005.70 rupees ** Pharma co says its investigational drug Zaynich cures complex case of meningitis in a 64-year-old patient ** Co says drug has treated over 35 critically ill patients in India and US in the past year ** Stock on track to snap 3 days of losses ** More than 232,000 shares traded as of 1:36 p.m.

European shares advance as Fed delivers jumbo rate cut; BoE in focus

UPDATE 1-European shares advance as Fed delivers jumbo rate cut; BoE in focus For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window UK's Ocado soars after retail JV's outlook upgrade Next hits record high on raising FY24/25 profit forecast STOXX 600 up 0.7% Updated at 0755 GMT By Shubham Batra Sept 19 (Reuters) - European stocks jumped on Thursday after the U.S.
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Major Gulf markets up after central banks cut rates to mirror Fed

MIDEAST STOCKS-Major Gulf markets up after central banks cut rates to mirror Fed Sept 19 (Reuters) - Major stock markets in the Gulf rose in early Thursday trade after most central banks in the region cut their key interest rates following a larger than usual policy easing by the U.S. Federal Reserve. The Fed cut its benchmark rate by 50 basis points (bps) on Wednesday, with policymakers seeing another half a percentage point fall by the end of this year.

Italy's Campari jumps after top shareholder plans to hike stake

BUZZ-Italy's Campari jumps after top shareholder plans to hike stake ** Shares in Italy's Campari CPRI.MI rise as much as 6.5% after its majority shareholder said it would buy shares worth up to 100 million euros ($111 million) in the spirits maker, a Milan-based analyst says ** Lagfin, the holding company that controls Campari, said in a note on Wednesday that it would increase its stake "as it believes the current market price...
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Citi cuts earnings estimates for India's Exide Industries, stock slips

BUZZ-Citi cuts earnings estimates for India's Exide Industries, stock slips ** Shares of Exide Industries EXID.NS drop about 3.5% to 455 rupees apiece ** Company that manufactures batteries and power storage systems for original equipment manufacturer will see an earnings moderation in fiscal years 2025 and 2026 due to sluggishness in volume growth

UK's Ashtead rises; Berenberg initiates coverage with 'buy' rating

BUZZ-UK's Ashtead rises; Berenberg initiates coverage with 'buy' rating ** Shares of British equipment rental firm Ashtead Group AHT.L up 2.8% at 5,696p ** Ashtead stock among top gainers in FTSE 100 .FTSE index, which is up 0.70% ** Brokerage Berenberg initiates coverage with "buy" rating with a price target of 7,000 pence ** Brokerage says over t
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India's Reliance Power rises to exchange-allowed maximum on fund raising plan

BUZZ-India's Reliance Power rises to exchange-allowed maximum on fund raising plan * Reliance Power Ltd RPOL.NS rise 5% to 34.61 rupees, hitting the upper limit of exchange-allowed trading band * Co's board to meet on Monday to consider raising of long term funds * 74.1 mln shares traded in 15 block deals at 34.05-34.61 rupees per share - at a prem

UK's Next at record high after raising FY24-25 profit forecast

BUZZ-UK's Next at record high after raising FY24-25 profit forecast Updates ** British fashion retailer Next NXT.L jumps as much as 6.9% to a record high of 11,045p, top gainer on FTSE 100 index .FTSE ** Co raises FY24/25 profit forecast by 15 mln pounds ($19.9 mln) to 995 mln pounds ** Sees FY24/25 H2 sales growth of 3.7% vs last guided growth of
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