Japans Nikkei share average fell to a one-month low on Wednesday. Investors sold risk assets due to escalating Middle East conflict. Chip-related companies led the decline. Oil refinery index was the worst performer. Some software shares and Nidec saw gains. Sony and Nintendo also advanced.Read More
When the closing price drops below the VWAP, it indicates that the stock ended the session below the average price at which it traded during the day, weighted by volume.Read More
Petronet LNG crashed 8% after it issued a force majeure notice to QatarEnergy due to supply disruptions from Middle East hostilities, preventing its LNG tankers from safely transiting the Strait of Hormuz. The company also notified its key off-takers, GAIL, IOCL, and BPCL, of the potential impact on supply agreements.Read More
Hindustan Aeronautics Limited (HAL) shares fell 2% despite the Ministry of Defence awarding a Rs 2,901 crore contract for six Advanced Light Helicopters (ALH) Mk-III for the Indian Coast Guard. This deal, under the Buy (Indian) category, aims to boost maritime security and supports the Make in India initiative.Read More
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