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Banks Mostly Maintain Guidance Despite Step Up in Uncertainty -- Market Talk
WUXI APPTEC was subject to a Shareholding reduction by UBS Group AG of approximately 2.5769 million shares at a price of about 46.87 HKD per share.
According to the latest data from the Hong Kong Stock Exchange, on April 11, UBS Group AG reduced its shareholding in WUXI APPTEC (02359) by 2.576914 million shares, with a price of 46.8727 Hong Kong dollars per share, totaling approximately 0.121 billion Hong Kong dollars. After the reduction, the latest number of shares held is about 26.0237 million shares, with a shareholding ratio of 6.72%.
The Federal Reserve is considering significant changes to the stress tests for Banks: proposing to use a two-year data average and extend the compliance buffer period.
The Federal Reserve disclosed on Thursday that it will implement a systematic reform of the annual stress testing mechanism for large Banks.
Price Over Earnings Overview: UBS Gr
On Thursday, the Crude Oil in the USA rose by 3.5%, reaching a two-week high.
Crude Oil in the USA rose 3.5% on Thursday. New sanctions imposed by the USA to curb Iranian oil exports have heightened supply concerns, driving up oil prices. The WTI crude oil futures for May delivery on the New York Exchange increased by $2.21, up 3.54%, closing at $64.68 per barrel, the highest since April 3. UBS Group Analyst Giovanni Staunovo indicated that the new sanctions on Iranian oil exports and the hawkish comments from the USA Treasury on the issue have intensified concerns about crude oil supply and contributed to the rise in oil prices.
Market Chatter: Banks Stuck With Buyout Debt as Patterson Deals Closes