Indian equities dropped, reversing earlier gains, as a plan by major oil producers to cut supply to boost the fuel’s price weighed on sentiment.

The sharp sell-off in global equities in October made global equities the cheapest they have been for two years, according to the chief strategist at Pictet Asset Management.

The Nigerian equities market recorded a positive performance last week as it recovered part of the losses suffered the preceding week.

In focus as the new week begins are surging oil prices after Saudi Arabia said it would cut production next month

Over the last decade, compounded returns (CAGR) from the S&P BSE Sensex have been a modest 7 per cent.

Dollar set for further gains even as it gets overvalued, analysts say

Diversified Restaurant Holdings, Inc (NASDAQ:SAUC) – Dougherty & Co issued their Q4 2018 earnings estimates for shares of Diversified Restaurant in a note issued to investors on Thursday, November 8th. Dougherty & Co analyst J. Hamblin forecasts that the restaurant operator will earn ($0.03) per share for the quarter.

Brent crude enters bear market; copper has worst week since August

Mumbai, Nov 11 (IANS): Macro-economic indicators such as inflation, factory output as well as global crude oil prices will dictate the stock market trend next week, analysts said.

Xencor Inc (NASDAQ:XNCR) – Investment analysts at Wedbush upped their FY2018 earnings per share (EPS) estimates for shares of Xencor in a report issued on Tuesday, November 6th. Wedbush analyst D. Nierengarten now expects that the biopharmaceutical company will post earnings of ($1.48) per share for the year, up from their prior estimate of ($2.09). Wedbush currently has a “Outperform” rating and a $42.00 target price on the stock. Wedbush also issued estimates for Xencor’s Q4 2018 earnings at ($0.50) EPS, Q1 2019 earnings at ($0.41) EPS, Q2 2019 earnings at ($0.41) EPS, Q3 2019 earnings at ($0.42) EPS, Q4 2019 earnings at ($0.42) EPS, FY2019 earnings at ($1.67) EPS, FY2020 earnings at ($1.11) EPS, FY2021 earnings at ($1.63) EPS and FY2022 earnings at $0.64 EPS.