Asian stock markets are performing well. US equity benchmarks reached new highs. This was supported by the Federal Reserve’s interest rate cut. Stocks in Japan and Australia increased. South Korea remained stable. The S&P 500 and other indexes achieved record highs together. The yen remained steady after Japan’s inflation slowed. The Bank of Japan’s rate decision is expected.
RR Kabel shares jump 10% as Q1 PAT surges 129% YoY, Ebitda doubles
RR Kabel reported a strong June-quarter performance, with profit after tax surging 129% year-on-year and Ebitda nearly doubling, driven by robust growth in its Wires