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MediaTek Dips, Akeso Rises, NSEBANK Down
Published 2 days, 17 hours ago
Description
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- MediaTek shares are down 7% as Taiwanese chipmakers gets hit hard on concern over slowing the frontier in AI.
- Akeso shares rise as much as 13% after AstraZeneca said it would invest $2b in Summit Therapeutics, a partner of the Hong Kong-listed company.
- Indian banks are on a multi-day slide due to macro weakness with the government limiting some bank fees to contain inflation, leaving the NSE Nifty Bank Index down about 1%.
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