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Oil prices experienced an increase due to growing concerns about potential supply disruptions stemming from the escalating conflict between Russia and Ukraine. Ukrainian drone attacks have significantly impacted Russia's oil processing capacity, leading to heightened anxieties. Geopolitical tensions are further amplified by China's pursuit of a new global order, challenging the U.S.
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News and Media
Asian stocks saw modest gains, driven by technology and AI sectors, particularly Alibaba's surge. Investors are eyeing upcoming jobs and inflation data, along with the Federal Reserve's rate decision, amid historical September market weakness. Meanwhile, Indonesian markets face political risks, and longer-maturity bonds brace for a potentially challenging month.
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News and Media
Jubilant Ingrevia shares are recovering after a period of decline. Domestic operations and limited US exposure shield it from tariffs. EU's anti-dumping duty on Chinese choline chloride benefits the company. Capacity expansion and agriculture sector opportunities drive growth. Cost optimization measures are expected to improve margins. The company anticipates higher choline chloride exports to Europe.
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News and Media
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