AGP Executive Report
Last update: 7 hours agoJio IPO: Institutional investors have bid about $25 billion for anchor shares in Jio Platforms’ $3.2 billion offering, nearly 30 times the allocation. The $108.3 billion valuation will test appetite for India’s largest-ever listing. Markets: Global shares were mixed as investors weighed earnings against concerns that AI spending may be outpacing growth. Rates & Bonds: French political turmoil pushed 10-year bond yields higher, while markets have almost fully priced in a 25-basis-point New Zealand rate hike on October 28. UK Investment: A survey of major investors found 58% see the UK as less attractive than five years ago, with potential tax rises a leading risk to investment. Trading Access: Cboe and the NYSE have expanded options trading into pre- and post-market sessions for selected stocks and ETFs.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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