Straits Times Index
3,356.45 +17.88 (+0.54%) Nikkei
39,780.58 +149.52 (+0.38%) Hang Seng
17,898.75 +180.14 (+1.02%) FTSE 100
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62,945.11 -366.93 (-0.58%) CMC Crypto 200
1,344.68 +42.60 (+3.27%)
Hong Kong Exchanges and Clearing Limited (388N.MX)
| Previous close | 517.67 |
| Open | 0.00 |
| Bid | 0.00 x N/A |
| Ask | 0.00 x N/A |
| Day's range | 517.67 - 517.67 |
| 52-week range | 517.67 - 634.80 |
| Volume | |
| Avg. volume | 3,439 |
| Market cap | N/A |
| Beta (5Y monthly) | 0.85 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings date | 21 Aug 2024 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | N/A |
- Reuters SG
Trafigura delivers large amounts of aluminium to LME for lucrative rent deals, sources say
Commodity trader Trafigura delivered more than 400,000 metric tons of aluminium to London Metal Exchange (LME) warehouses for lucrative financial deals, three sources familiar with the matter told Reuters, explaining a hefty jump in stocks. The so-called rent deals allow LME-approved warehouses to share fees with companies that deliver metal to them. Companies that deliver aluminium for rent deals do not have to retain ownership of the metal, but can get a share of the rent, paid by the new owners, for as long as the metal stays in that warehouse.
- PR Newswire
HKEX Welcomes Asia's First Spot Virtual Asset ETFs
Hong Kong Exchanges and Clearing Limited (HKEX) is pleased to welcome the listing of Asia's first Spot Virtual Asset (VA) ETFs on 30 April (Hong Kong time), adding to the diversity of products in Hong Kong's markets and further supporting the city's position as the region's leading ETF marketplace by offering investors even more choice.
- Yahoo Finance Video
Investing in stock exchanges: What ICE brings to the table
In Monday's episode of Good Buy or Goodbye, Tema ETFs Chief Investment Officer Yuri Khodjamirian makes the case for investing in financial exchanges and clearing houses, namely the Intercontinental Exchange (ICE) while advising against Hong Kong Exchanges and Clearing (0388.HK). The Intercontinental Exchange — which owns and operates the New York Stock Exchange — is praised by Khodjamirian for diversifying into other financial markets, such as mortgages, while also centralizing transactions and trades onto its platform. "What you see is more and more financial transactions are being moved onto exchange, I mean even the rise of... cryptocurrency is a very similar sort of thing — can we centralize it, can we really get more and more information out of these trades?" Khodjamirian tells Yahoo Finance's Julie Hyman. The Hong Kong Stock Exchange is Khodjamirian's goodbye pick over its high valuations as it loses market share. Catch more of Good Buy or Goodbye here, or watch this full episode of Market Domination. This post was written by Luke Carberry Mogan.
