In today’s briefing:
- Thematic Report : How Indian Markets Performed After Steep Falls
- [Counting Beans 2024/32] Grains Rise on Weak USD But Ample Supplies Limit Gains
- TSMC July Revenue Surges 44.7% YoY, Sets A New Record Monthly High
- Consumer Tales Aug Wk#2: DFI Retail Pivots, Kalyan Glitters, Ola Lists, FirstCry IPO Closes
- AUCTUS ON FRIDAY – 09/08/2024
Thematic Report : How Indian Markets Performed After Steep Falls
- Markets have a tendency to bounce back after steep falls, offering opportunities for investors to benefit from the recovery.
- By understanding historical data and market patterns, investors can make informed decisions and stay resilient during turbulent times.
- As we move forward, it’s important to remember that market fluctuations are a normal part of investing, and staying focused on long-term goals is crucial for success.
[Counting Beans 2024/32] Grains Rise on Weak USD But Ample Supplies Limit Gains
- Wheat prices surged due to strong demand and reduced European harvests. Favorable weather conditions in the US limited further gains.
- Corn prices initially rose on strong exports but retreated as the dollar strengthened and focus shifted to abundant supplies.
- Soybean prices experienced a short-lived rally due to short covering and a weak dollar. Expectations of record US production and sluggish demand capped gains.
TSMC July Revenue Surges 44.7% YoY, Sets A New Record Monthly High
- TSMC July revenues of NT$256.95 billion, +23.6% MoM & + a whopping 44.7% YoY
- Q224 silicon area wafer shipments amounted to 3,035 MSI, up 7.1% QoQ but down 8.9% YoY
- Q224 semiconductor sales reached $149.9 billion, +6.5% QoQ and +18.3% YoY.
Consumer Tales Aug Wk#2: DFI Retail Pivots, Kalyan Glitters, Ola Lists, FirstCry IPO Closes
- Welcome to Consumer Tales & Trends, your weekly roundup of the latest corporate developments, investment reports and sector events in the consumer industry.
- DFI Retail (DFI SP) : Improved profitability and robust cash flows makes the stock attractive with limited downside; it is trading at nearly 5% dividend yield.
- Ola Electric IPO was oversubscribed by 4.26 times and debuted at par with the issue price of Rs76 at the exchanges today
AUCTUS ON FRIDAY – 09/08/2024
- AUCTUS PUBLICATIONS ________________________________________ Panoro Energy (PEN NO)C; Target price NOK52 per share: All eyes on EG – 1H24 production was 9,168 bbl/d.
- EG and Gabon production had already been disclosed.
- 1H24 production in Tunisia was 1,670 bbl/d (we forecasted 1,760 bbl/d) given subdued activities.
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