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UK homebuilder Bellway gains on annual revenue beat

BUZZ-UK homebuilder Bellway gains on annual revenue beat ** Shares of Bellway BWY.L up 2.6% to 2,728p; stock among top pct gainers on FTSE 250 .FTMC index ** The British midcap housebuilder reports a smaller-than-expected drop in annual revenue, and says buyer confidence was improving following a drop in mortgage rates ** FY revenue falls 31% to 2.
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India's metal stocks fall on global demand worries

BUZZ-India's metal stocks fall on global demand worries ** India's metal stocks .NIFTYMET fall 2.6% on worries over global demand, top loser among 13 major indexes ** Weak manufacturing data from U.S. and China exacerbated worries about the global economic outlook, dragging global metal prices down ** India's Tata Steel TISC.NS shares down 2.9%, to
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Bank of England cuts rates from 16-year high

INSTANT VIEW-Bank of England cuts rates from 16-year high Adds additional comments, updates prices at 1155 GMT LONDON, Aug 1 (Reuters) - The Bank of England cut interest rates from a 16-year high on Thursday after a narrow vote in favour from policymakers divided over whether inflation pressures had eased sufficiently, which initially dented the pound.
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High-frequency traders, brokerage firms to face brunt of regulatory curbs on options

UPDATE 1-High-frequency traders, brokerage firms to face brunt of regulatory curbs on options Adds impact on high frequency traders, quant funds, updates share prices By Jayshree P Upadhyay and Sethuraman N R BENGALURU, July 31 (Reuters) - The Indian market regulator's proposed measures to curb the trading frenzy in options will impact high-frequency traders and quant funds as well as brokerage firms that have gained from increased retail investor interest in the segment, traders said.
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Indian brokerages slip on market regulator's proposals to curb options trading

BUZZ-Indian brokerages slip on market regulator's proposals to curb options trading Adds BSE's share move; updates moves ** Shares of Indian brokerages drop 1%-5% ** India's markets regulator proposes raising minimum trading amount for index options by more than three times, reducing the number of contracts expiring each week and a rise in trading
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GAIL (India) hits record high after robust Q1 earnings

BUZZ-GAIL (India) hits record high after robust Q1 earnings ** Shares of GAIL (India) Ltd GAIL.NS rise as much as 5.4% to record 246.30 rupees ** Gas distributor's Q1 profit beat estimates on strong performance in gas marketing business ** Investec attributes profit beat to higher gas volumes and better realisations at gas transmission business and
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Indian brokerages fall as markets regulator proposes curbs on options

Indian brokerages fall as markets regulator proposes curbs on options BENGALURU, July 31 (Reuters) - Shares of Indian brokerages fell on Wednesday, a day after the markets regulator proposed several measures to curb trading in options. The Securities and Exchange Board of India (SEBI) on Tuesday evening proposed raising the minimum trading amount for index options by over three times, reducing the number of contracts expiring each week and hiking margins.
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Energy stocks boost Indian shares

BUZZ-Energy stocks boost Indian shares ** India's Nifty 50 .NSEI and Sensex .BSESN rise about 0.4% each, as energy index .NIFTYENR rises 1.7% on gains in oil marketing companies (OMCs), NTPC and Power Grid ** Brent crude oil futures dropped on the day amid concerns about demand in China, the world's largest crude importer O/R ** Drop in oil prices
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South African Markets - Factors to watch on July 29

South African Markets - Factors to watch on July 29 JOHANNESBURG, July 29 (Reuters) - The following scheduled economic events, equity and currency market moves may affect South African markets on Monday. ECONOMIC EVENTS June money supply data Foreigners' weekly trading in South African bonds and equities South African weekly Treasury bill auction SOUTH AFRICAN MARKETS The South African rand gained against the dollar on Friday, after a reading of U.S.
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South African rand strengthens against weaker dollar

UPDATE 1-South African rand strengthens against weaker dollar Updates prices to reflect afternoon trade, adds U.S. data in paragraphs 4-5, analyst comment in paragraph 8 JOHANNESBURG, July 25 (Reuters) - The South African rand strengthened against a weaker dollar on Thursday, after U.S. economic data readings left intact expectations of an interest rate cut by the Federal Reserve in September.
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UK's Howden Joinery flags additional H2 freight costs, shares fall

UPDATE 1-UK's Howden Joinery flags additional H2 freight costs, shares fall Updates share move in paragraph 2, details on costs in paragraph 3, analyst comment in paragraph 4 July 25 (Reuters) - UK's Howden Joinery HWDN.L , a kitchen and joinery supplier, said on Thursday that it expects an additional cost of 5 million pounds ($6.4 million) in the second-half of the year due to higher freight expenses.
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Investec initiates 'buy' on Keystone Realtors, shares up

BUZZ-Investec initiates 'buy' on Keystone Realtors, shares up ** Shares of Keystone Realtors KEYS.NS climb 2.6% to 720.30 rupees ** KEYS' large pipeline of projects should accelerate pre-sales growth over medium term, says Investec ** Brokerage initiates coverage on realtor with "buy", Street-high PT of 875 rupees, per LSEG ** Investec second broke
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Street View: Analysts confident on UltraTech beyond near-term

BUZZ-Street View: Analysts confident on UltraTech beyond near-term ** Shares of India's UltraTech Cement ULTC.NS up as much as 2.4% to 11,532.15 rupees ** Broader Nifty 50 index .NSEI , of which ULTC is a member, flat on the day ** Gains ahead of India's union budget due on Tuesday, which is expected to have infrastructure as a focus ** Co forecast
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India's Kotak Mahindra Bank falls on Q1 margin compression

BUZZ-India's Kotak Mahindra Bank falls on Q1 margin compression ** Kotak Mahindra Bank KTKM.NS shares fall 2.5% to 1,777 rupees ** Co is top loser on Nifty private bank index .NIFPVTBNK , which is down 0.6% ** The private lender's June-quarter net profit rose ~81% on one-time gains from stake divestment in its general insurance arm while its net interest margin shrunk ** Earnings below est.
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India's Havells logs worst day in 9 months after Q1 profit miss

BUZZ-India's Havells logs worst day in 9 months after Q1 profit miss ** Shares of Havells Ltd HVEL.NS end 5.1% lower at 1,768.50 rupees, marking their worst day since October 2023 ** Electrical goods maker reported Q1 profit miss as weak wires and cables sales and higher expenses weighed ** Jefferies ("hold"), Investec ("hold") and Nomura ("neutral
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India's Bharti Hexacom rises after JP Morgan initiates with "overweight"

BUZZ-India's Bharti Hexacom rises after JP Morgan initiates with "overweight" ** Shares of telecom firm Bharti Hexacom BHAX.NS up 5.3% at 1,121.05 rupees ** JP Morgan initiates coverage with "overweight" rating and PT of 1,280 rupees - the second-highest on the stock as per LSEG ** Hexacom's presence in underpenetrated regions like Rajastan and Nor
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South African rand extends gains after U.S. inflation data

UPDATE 1-South African rand extends gains after U.S. inflation data Updates prices to reflect afternoon trade JOHANNESBURG, July 11 (Reuters) - The South African rand extended its gains on Thursday after U.S. inflation unexpectedly fell last month, fuelling bets that the Federal Reserve may cut interest rates in September. At 1521 GMT, the rand traded at 18.0050 against the dollar ZAR=D3 , 0.6% stronger than its previous close.
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Increasing regulatory risks could impact India's BSE earnings, Investec says

BUZZ-Increasing regulatory risks could impact India's BSE earnings, Investec says ** Increasing regulatory risks could impact BSE's BSEL.NS earnings multiples, Investec says ** Media reports say that SEBI working committee has proposed measures to curb derivatives volume , restrict weekly expiry among other things ** Investec says regulatory measur
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UK's Vistry gains on upbeat HY profit outlook

BUZZ-UK's Vistry gains on upbeat HY profit outlook ** Shares of Vistry VTYV.L rise as much as 2.8% to 1,329p, stock among top pct gainers on FTSE 100 .FTSE index ** The British housebuilder sees HY profit rising by about 7% to 186 mln pounds ($238.2 million), buoyed by resilient demand for its affordable homes from housing associations and the rent
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Indian gas companies up on renewed global LNG recovery, says Investec

BUZZ-Indian gas companies up on renewed global LNG recovery, says Investec ** Shares of Petronet LNG PLNG.NS , Gail GAIL.NS , Gujarat State Petronet GSPT.NS Gujarat Gas GGAS.NS up between 1.7% to 2% ** Global LNG market set for a 40% surge in supply capacity, representing fastest capacity growth in recent years, said analysts at Investec Equities *
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