The post Jio IPO Day 1: ₹13,428 Gets You In, But Can Jio Close Its ₹48 Revenue Gap With Airtel? appeared first on Coinpedia Fintech News

Ten years after it set off a price war in Indian telecom, Jio Platforms opens its ₹30,213 crore IPO to the public today. Big institutions have already shown strong interest. On October 19, they bid more than ₹2.5 lakh crore for a ₹8,109.85 crore anchor allotment, over 30 times the amount on offer. The pricing, …

The post SpaceX Share Giveaway: Elon Musk Pledges $10.7 Billion in Shares to U.S. Children appeared first on Coinpedia Fintech News

Elon Musk has reportedly pledged to distribute one SpaceX share to every American child next year, a plan that could involve approximately 73 million shares worth an estimated $10.7 billion. At a stated value of $146.03 per share, the proposed distribution would extend SpaceX share ownership to millions of children across the United States. However, …

The post Jio IPO GMP Today: ₹250 Premium Signals 22% Listing Gain As India’s Biggest IPO Opens For Anchors appeared first on Coinpedia Fintech News

Jio Platforms opened its anchor book on Monday, October 19, two days before its ₹30,213 crore IPO opens to the public. It is the largest share sale ever attempted in India. Shares are priced between ₹1,065 and ₹1,119, and the grey market premium stands at about ₹250, roughly 22% above the upper end of the …

The post Jio IPO Today: Grey Market Hints At ₹1,365 Debut, Anchor Book Opens Today appeared first on Coinpedia Fintech News

Jio Platforms’ initial public offering is drawing strong unofficial demand, with grey market premium (GMP) trends pointing to a listing gain of about 22%. At the upper price band of ₹1,119, that implies a debut near ₹1,365 per share. The ₹30,200 crore issue, the largest IPO in Indian history, carries a price band of ₹1,065 …

The post Japan Stock Market Today: US Tech Rout And Oil Spike Hit Nikkei Again appeared first on Coinpedia Fintech News

Japan’s Nikkei 225 fell 2% at Monday’s open, erasing roughly ¥23.5 trillion, or about $150 billion, in market value. The decline followed another selloff in US technology shares, which dragged on Japanese chip and electronics stocks with heavy exposure to the AI supply chain. Rising oil prices added to the pressure. Japan imports nearly all …

The post Indonesia Stocks Crash 11.5% as MSCI Flags Market Risks appeared first on Coinpedia Fintech News

Indonesia’s stock market plunged as much as 11.5%, marking its biggest daily decline since 1998, after MSCI raised concerns about suspicious trading, possible stock manipulation and limited transparency. The market has reportedly fallen more than 30% this year, while foreign investors have withdrawn nearly $5 billion. The rupiah has also weakened beyond 18,000 per U.S. …

The post Jio IPO News: Bitget Opens 24/7 Futures Trading On Reliance Jio Before Listing appeared first on Coinpedia Fintech News

Crypto exchange Bitget has listed JIOUSDT, a perpetual futures contract linked to the pre-IPO valuation of Jio Platforms, the digital services arm of Reliance Industries. Bitget’s chief executive announced the launch and said it is the first pre-IPO perpetual contract tied to an Indian company on a global exchange. The product lets traders take long …

The post Korea Stock Market News: KOSPI, KOSDAQ Halted Together For First Time Since July As FSC Steps In appeared first on Coinpedia Fintech News

South Korea’s Financial Services Commission held an emergency meeting on Thursday and said it is ready to activate contingency plans after the KOSPI closed down 7.57%. SK Hynix fell 11.06% and Samsung Electronics lost 9.48%. FSC Commissioner Lee Won-geon chaired the 2:30 p.m. session. The regulator said the pace of the decline looked excessive and …

The post Korea Stock Market Halted: KOSPI Tumbles 8% On Chip Sell-Off And Fed Fears appeared first on Coinpedia Fintech News

South Korea’s KOSPI fell as much as 8% on Thursday, triggering a circuit breaker that halted trading at midday, according to market posts on X. Chipmakers Samsung Electronics and SK Hynix led the losses with declines of 9% to 11%. The drop wiped out the index’s gains since its June peak and extended its longest …

The post Two Major Events That Could Impact the Stock Market Today appeared first on Coinpedia Fintech News

The US Consumer Price Index (CPI) report and ASML earnings are the two major events to watch on October 14. The inflation data could influence expectations for Federal Reserve interest rates, while ASML’s results could affect semiconductor and AI stocks. Investors will look for signs of easing inflation and stronger chip demand to assess whether …