FINWIRES · TerminalLIVE
FINWIRES

Equities Mostly Rise Intraday; Oil Prices Advance Amid Hormuz Blockade

-- US benchmark equity indexes were mostly higher intraday, while oil prices rose as traders kept an eye on developments in the Middle East amid a Washington blockade of maritime traffic around Iran's ports.

The Nasdaq Composite was up 0.6% at 23,049.5 after midday Monday, while the S&P 500 rose 0.4% to 6,844.8. The Dow Jones Industrial Average was little changed at 47,933.5. Among sectors, technology and financials paced the gainers, while utilities saw the biggest drop.

West Texas Intermediate crude oil was up 2.5% at $99.06 a barrel, while Brent jumped 4.2% to $99.22.

The blockade of maritime traffic entering and exiting Iranian ports was set to start at 10 am ET Monday, according to a statement issued by the US Central Command Sunday. The development came after the US and Iran failed to reach a deal during negotiations in Pakistan over the weekend, fueling concerns over an already fragile ceasefire between Washington and Tehran.

US President Donald Trump said in a social media post Monday that 34 ships went through the Strait of Hormuz Sunday.

Trump's remarks comes Iran has reportedly vowed to retaliate. The Iran-controlled strait has been effectively shut since the war began at the end of February.

"The fact the talks happened at all matters," Saxo Bank said in a report Monday. "There is still a chance negotiations restart, especially with some reports suggesting the two sides were not far apart on at least some points."

Despite the failed peace talks, a two-week ceasefire announced last week still holds.

Trump is mulling over limited strikes against Iran following the failed negotiations, The Wall Street Journal reported, citing people familiar with the situation.

"While the diplomatic setback is negative, it does not yet signal an automatic return to the worst-case scenario," Saxo said.

The Organization of the Petroleum Exporting Countries lowered its second-quarter oil demand forecast due to the Middle East conflict, but maintained its full-year estimates amid expectations for a rebound in the second half.

US Treasury yields were lower intraday, with the 10-year rate down 1.6 basis points at 4.30% and the two-year rate dropping two basis points to 3.78%.

In company news, Goldman Sachs (GS) posted first-quarter results above market estimates, while Chief Executive David Solomon said a protracted Middle East conflict could pose upside risks to inflation. The lender's shares were down 2.3% intraday, the worst performer on the Dow.

Oracle (ORCL) shares surged nearly 12%, the top gainer on the S&P 500. The company said it introduced artificial intelligence-focused updates to its utilities software suite at its customer edge summit, targeting improvements in billing, grid operations, and asset management.

In economic news, US existing home sales decreased in March as softening job growth and weaker consumer confidence continued to deter potential buyers, data from the National Association of Realtors showed.

"We don't see much upside for sales over the next several months," Oxford Economics said in a note. "Given the backup in mortgage rates since the start of the war with Iran, we expect home sales to move sideways before starting to gradually rise at the end of the year."

Gold was down 0.7% at $4,755.90 per troy ounce, while silver dropped 1.4% to $75.43 per ounce.

相關文章

Equities

新希望完成3億澳幣可轉換債券發行

根據週四提交給澳洲證券交易所的文件,新希望公司(ASX:NHC)已完成3億澳元2.625%高級無抵押可轉換債券的發行,該債券將於2032年到期,同時回購了2.933億澳元現有的2029年到期可轉換債券。 文件顯示,新債券預計週四前後在新加坡證券交易所上市。 文件也指出,回購的2029年到期債券(約佔未償債券總額的98%)將依其條款予以註銷。此外,該公司還計劃在到期前以面額加應計利息贖回剩餘的670萬澳元債券。

$ASX:NHC
Asia

Eclipse Metals公司稱格陵蘭島計畫鑽探結果顯示有鍶、鎵、鈧礦藏;股價上漲5%。

Eclipse Metals(ASX:EPM)週四向澳洲證券交易所提交的文件顯示,該公司在格陵蘭島Grønnedal計畫進行的鑽石鑽探後續分析結果顯示,除了廣泛的稀土礦化外,還發現了鍶、鎵和鈧。 鍶礦化帶的平均品位為2.32%。此外,還發現了42.5公尺厚、品位為26.7ppm的鎵礦化帶,以及61公尺厚、品位為12.3ppm的鈧礦化帶。 文件補充道,這些伴生元素的發現是補充性的,並沒有改變該公司將Grønnedal計畫作為釹镨稀土計畫的主要策略。 該公司股價在周四的交易中上漲了5%。

$ASX:EPM
Asia

特倫特公司第四財季綜合獲利成長

Trent(NSE:TRENT,BOM:500251)截至3月31日的第四財季合併歸屬於股東的淨利增加至40億印度盧比,高於去年同期的31.8億盧比。 根據該公司週三提交給印度證券交易所的文件,其每股收益從去年同期的8.95盧比增加到11.26盧比。這筆每股收益略低於Visible Alpha調查的分析師預期的11.33盧比。 第四財季的營業收入也從去年同期的422億盧比增加至503億盧比。 公司董事會建議派發每股面額1盧比的普通股股息6盧比。

$BOM:500251$NSE:TRENT