Copreus (Pvt) Ltd, Level 19, East Tower, World Trade Center, Colombo 01, Sri Lanka
+94 117 886 988


Invest in Your Future

S&P 500 drops slightly

On Thursday, the S&P 500 index fell to a certain extent, adding to its volatile movements in March.The Dow Jones Industrial Average went down 60 points, while the S&P 500 tumbled 0.3%, going downfor the third consecutive day, as reported by CNBC. The Nasdaq Composite slipped 0.5% as Big Tech wasunder risk again. Netflix shed…
Read more

The US president to ease COVID restrictions

The Biden administration is planning to dial down restrictions in May on travel across the borders withMexico and Canada and on inbound international travel from the UK, Europe and Brazil, reported by twosources that are familiar with the matter.“There is going to be a sea change in mid-May when vaccines are more widely available to…
Read more

Bitcoin goes beyond $1 trillion in value

On Tuesday, Bitcoin’s value went beyond $1 trillion on Tuesday as the result of its price surging.The price of the cryptocurrency advanced on Tuesday and its market capitalization surpassed $1 trillionin the morning session trade Singapore time, according to CoinDesk, as reported by CNBC.Bitcoin succeeded in adding to gains by marking a 24-hour high of…
Read more

Stock futures are stable

On early Wednesday, S&P 500 futures were neutral as investors were observing whether the samepattern as late-day Tuesday would continue.Futures contracts for the Dow Jones Industrial Average showcased signs of an opening gain of about 23points. Futures tied to the S&P 500 were neutral. Nasdaq 100 futures dropped by 0.2%, as reported byCNBC.Tesla shares jumped…
Read more

Stock futures little changed

During overnight trading on Tuesday, U.S. stock index futures were mostly neutral following the Dowclosed at a record high, as reported by CNBC.Futures contracts linked to the Dow Jones Industrial Average dropped just 5 points. S&P futures andNasdaq 100 futures also traded slightly lower.Meanwhile, the S&P 500 slipped 0.06% during an unstable period of trading,…
Read more

Economy surged 2.3% in 2020, says China

On Monday, the Asian titan China reported that its economy went up 2.3% previous year whilethe Coronavirus heavily affected the globe as it struggled to contain the pandemic.Gross domestic product ascended by 6.5% in the fourth quarter in 2020 according to officialdata from the National Bureau of Statistics. Those numbers went beyond analysts’ expectations.Despite the…
Read more

European markets close on a positive note

The pan-European Stoxx 600 ended the day closing 0.7% provisionally, with basic resources surging 3.9% to be in the front as most sectors and major bourses were showcasing positive movements.Meanwhile in the US, stocks dropped while traders were worrying over the rising number of Covid-19 infections across the globeAccording to data compiled by Johns Hopkins…
Read more

Airbnb sold its shares at $68 in IPO

Airbnb that offers short-term rentals and experiences for travellers marked its IPO by selling shares at $68, pricing by exceeding its range, as reported by people familiar with the matter, CNBC reported.The IPO on Thursday marked the company’s value at $47 billion. Initially the company stated it was expecting to sell shares at between $56…
Read more

Stocks making the biggest moves midday including Tesla and Kodak

The shares of the automobile giant Tesla surged more than 4% to mark a new all-time high record. This move emerged prior to the company’s inclusion in the S&P 500, which is set to take place before trading starts on Dec. 21. Elon Musk’s company’s shares have succeeded in gaining more than 650% this year,…
Read more

Asia-Pacific stocks mixed

On Monday, Stocks in Asia-Pacific were a mix bag, as investor sentiments were affected by the release of China’s official manufacturing Purchasing Managers’ Index (PMI) for November, as reported by CNBC.China’s National Bureau of Statistics stated on Monday, the official manufacturing PMI for November was at 52.1. That went beyond the expectations for a 51.5…
Read more