On Friday, Europe’s STOXX 600 index marked its fourth consecutive record closing, driven primarily by technology stocks that mirrored the strong performance of Wall Street. The recent U.S. jobs data, which suggested a slower labor market, has diminished the likelihood of an interest rate hike from the Federal Reserve this September.
Explained: How BSE traded fewer contracts after CAS but premiums rose 75% in first week
BSE’s derivatives activity fell sharply in the first week of the Closing Auction Session, but higher premiums more than offset the decline in contracts. Premium