Wednesday, August 19
Euro zone government bond yields held steady on Monday, after the U.S. strike on Venezuela and capture of President Nicolas Maduro at the weekend sparked a modest pickup in investor risk appetite that translated into gains in stocks and cryptocurrencies.U.S. forces struck targets in Venezuela on Saturday and captured Maduro and his wife. U.S. President Donald Trump said he was putting the South American nation under temporary American control.The yield on the German 10-year Bund, which serves as a benchmark for the wider euro zone, were marginally lower at 2.893%, having risen 3 basis points last week. At close to 2.9%, yields are around their highest since March last year.Two-year Schatz yields were down 2 bps at 2.151%.Deutsche Bank strategist Jim Reid
Shares of Gandhar Oil Refinery (India) soared 17% to hit an intraday high of Rs 177.60 on the BSE on Monday, driven by heavy trade volumes and potentially due to the rising geopolitical tensions involving the US and Venezuela, a country with significant oil reserves.The stock was trading at Rs 173.50 around 1 pm, up 14.26% from its previous close of Rs 151.85.The surge in price was accompanied by a sharp spike in trading volumes, with over 21 lakh shares changing hands compared to the two-week average of just 20,000 shares. The turnover stood at Rs 36.5 crore, highlighting heightened investor interest in the counter.The stock traded firmly within its price band of Rs 121.50 to Rs 182.20 for the day and remains comfortably above its 52-week low of Rs 120.60, though still below its 52-week h
