Asian shares opened higher, mirroring Wall Street’s gains driven by AI-linked companies. Gold and oil saw slight declines following a reported Middle East peace deal. Investors are closely watching China’s market reopening after a holiday break, balancing AI enthusiasm against cautious consumer spending data.
Laurus Labs shares rally over 4% as Q1FY27 profit jumps 126% on strong CDMO growth
Laurus Labs reported a strong June-quarter performance, with net profit more than doubling and revenue rising 29% year-on-year, driven by robust growth in its CDMO