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Stocks rise on ease of social distancing order and oil rebound
Shares rose on Thursday morning as the combination of a rebound in crude prices and the agreement from the Government to ease social distancing order helped calm a nervous market.
Securities firms' earnings consumed by proprietary trading
Four securities firms with the largest market shares saw proprietary trading erode their earnings in the first quarter as the global pandemic COVID-19 hit the market hard and pulled share prices down sharply.
Shares rebound thanks to bottom purchases
Shares rebounded from a one-week low on Wednesday as bottom purchases were triggered following Tuesday’s sell-off due to a record crash in oil prices.
Local markets rebound as cheaper shares lure capital inflow
Shares rebounded from a one-week low as the crude-price hit on Tuesday allowed investors to buy in cheaper assets.