Foreign investors reduced holdings in top private banks over the past year. They increased stakes in select public sector lenders, showing a notable shift. This trend reflects closing performance gaps between public and private banking sectors. Analysts note diminished premiums for private banks as public ones improve. Investors now focus on individual bank performance rather than just sector.
Oil prices fall 1% as investors weigh pause in US strikes on Iran
Oil prices dropped as market participants assessed a pause in US strikes on Iran. Hopes for a diplomatic solution eased concerns about Middle East energy