“Companies normally take time, even after ex-date, to announce COA (cost of acquisition). Without this, trading apps can’t adjust the buy average price for holdings downward to account for the demerger. This increases the risk of a retail investor panicking and exiting after seeing an artificial loss,” Kamath said.
Fed’s Jefferson urges patience on rates; Kashkari sees more hikes ahead
Federal Reserve Vice Chair Philip Jefferson stated that he sees no immediate need for further interest rate adjustments. He emphasized that future decisions would depend