Author: Charlotte

Equity mutual fund assets fell 13% in March 2026 to Rs570 billion as investors shifted to safer instruments amid a PSX downturn. The broader mutual fund industry’s total assets declined 3% to Rs4.37 trillion.Islamabad: Assets under management in equity mutual funds fell sharply in March 2026 as investors moved away from stocks and into lower-risk investment options amid worsening market conditions at the Pakistan Stock Exchange (PSX).According to data compiled by Optimus Capital Management, equity fund assets declined 13% month-on-month to Rs570 billion in March from Rs655 billion in February. The drop was steeper than the overall contraction in the…

Should you worry while investing in mutual fund with highest AUM? Expert suggests SIP tweak and strategy The Economic Times Source link

Five Below, Inc. (FIVE) is up 7.1% today. Here is some analysis on what might have caused this price movement.Analysis: The move appears tied to pre-earnings positioning ahead of the company’s fourth-quarter and full-year fiscal 2025 results due after the close, with investors leaning into expectations that strong holiday trends and prior guidance increases will carry through into reported numbers and fiscal 2026 commentary. This could also be amplified by recent bullish analyst actions into the print, which can fuel momentum trading.Details:Five Below is scheduled to report fourth-quarter and full-year fiscal 2025 results after market close today, with a conference…

Gold prices rose in India on Tuesday, according to data compiled by FXStreet.The price for Gold stood at 14,372.67 Indian Rupees (INR) per gram, up compared with the INR 14,277.81 it cost on Monday.The price for Gold increased to INR 167,639.30 per tola from INR 166,533.60 per tola a day earlier.Unit measureGold Price in INR1 Gram14,372.6710 Grams143,726.10Tola167,639.30Troy Ounce447,038.40FXStreet calculates Gold prices in India by adapting international prices (USD/INR) to the local currency and measurement units. Prices are updated daily based on the market rates taken at the time of publication. Prices are just for reference and local rates could diverge…

Y Combinator, a prominent startup accelerator in Silicon Valley, has completed a funding round entirely in USDC for prediction markets startup Totalis, marking its first all-stablecoin investment. Totalis announced Monday on X that it has received $500,000 in funding from Y Combinator in USDC on Solana, with the assets held on Ramp, a financial operations platform. According to the post, Y Combinator completed the funding in three onchain transactions — a $1 test, followed by $124,999 and $375,000 transfers. “This is a small but meaningful shift in how startups get funded,” said Totalis. The startup added that it plans to…

A planning statement submitted to Ribble Valley Borough Council sets out a permission in principle bid for housing on the Petre Garage site in Whalley Road, close to the A59 roundabout at Longsight Road. The application has been prepared on behalf of Bill and Steve Turner, who have run a car repair business there for many years but now want to redevelop the brownfield plot as they reach retirement age. Petre Garage, Langho (Image: Google Maps) The 1.4‑acre site was formerly a petrol filling station and car repair workshop with a hand car wash, four linked buildings and a yard,…

Gold (XAU/USD) builds on the previous day’s goodish rebound from sub-$4,650 levels and gains some follow-through positive traction during the Asian session on Tuesday. Despite failed US-Iran peace talks over the weekend, investors seem hopeful that the door for diplomacy remains open and that negotiations will continue. Apart from this, the uncertainty over future interest rate moves by the US Federal Reserve (Fed) weighs on the US Dollar (USD), which is seen offering support to the bullion.US Vice President JD Vance struck a cautiously optimistic tone on negotiations with Iran and said during an interview on Fox News that meaningful…

Bitcoin climbed to $74,442 on Tuesday, up 5.2% over the past 24 hours and 8.1% over the week, reversing from Sunday’s low of $70,500 as reports emerged that Iran was considering abandoning uranium enrichment as a peace concession. The US blockade of the Strait of Hormuz remains in effect, but the absence of further escalation has allowed risk assets to recover.The move mirrors broader market behavior: the S&P 500 closed Wednesday’s session at 6,886.24, or +1.02%. The index is on track for its best week since November, with small-caps (+1.4%) outperforming large-caps (+1%). The VIX has compressed back toward 18.5…

L1 Group’s funds under management tumbled in the March quarter as the performance of its flagship hedge fund was hit by the escalating war in the Middle East, and investors kept pulling money from Platinum Asset Management’s strategies.The high-profile L1 Long Short Fund, which manages $7.6 billion, fell nearly 8 per cent last month alone as its position in Qantas was whacked by higher jet fuel costs and softer travel demand caused by the Iran war. The portfolio’s holding in James Hardie was hit by rising inflation expectations and mortgage rates, which have weighed on the outlook for housing activity.Loading……

Written by Emily J. Thompson, Senior Investment AnalystSource: FoolUpdated: 7 hours ago0minsSource: Fool Cash Position: As of the end of 2025, CRISPR Therapeutics holds nearly $2 billion in cash and cash equivalents, providing substantial financial support for ramping up sales of its only approved gene-editing therapy, Casgevy, thereby enhancing its competitive position in the market. Casgevy Sales Growth: Priced at $2.2 million per treatment, Casgevy generated $116 million in sales for 2025, including $54 million in the fourth quarter alone, indicating an accelerating sales trend, despite the company reporting a loss of $578.6 million last year. Clinical Trial Pipeline: CRISPR…