Indian shares decline as oil surge, inflation jitters weigh
Published . Updated .
Market Call
Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.
Get these market calls by email
The week's biggest market-moving stories, Congress trades and Trump posts, with the tickers they touch. Free, one email a week.
Free. We only use your email to send the digest, never sell or share it, and every email has a one-click unsubscribe link. See our privacy policy.
This report is about oil and tanker shipping.
Directly affected
- No company is named in this report.
Indirectly affected
- USO United States Oil Fund-1.1% 30d
United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story.
- XLE Energy Select Sector SPDR+7.5% 30d
Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story.
- BWET Breakwave Tanker Shipping ETF-3.3% 17d
Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “oil” (tanker shipping) in this story.
- INDA iShares MSCI India ETF-3.8% 11d
iShares MSCI India ETF holds stocks listed in India, which this story is about (“indian”).
- EMB iShares J.P. Morgan USD Emerging Markets Bond ETF+0.3% 6d
iShares J.P. Morgan USD Emerging Markets Bond ETF holds emerging-market government bonds, which react to inflation and interest-rate news like this one in India
- EMLC VanEck J.P. Morgan EM Local Currency Bond ETF-1.6% 30d
VanEck J.P. Morgan EM Local Currency Bond ETF holds emerging-market bonds in local currencies, which move with rate and currency news like this from India.
- EEM iShares MSCI Emerging Markets ETF-3.3% 13d
iShares MSCI Emerging Markets ETF is a broad fund of emerging-market stocks that includes India
- FRO Frontline+1.6% 30d
Frontline (deep sea foreign transportation of freight): tanker owners earn more when more crude has to move by sea. Linked by “oil” (tanker shipping) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| USO | +1.59% | -3.20% | base | after close | after close | after close | after close |
| XLE | -4.15% | -3.23% | base | after close | after close | after close | after close |
| BWET | +16.99% | -9.44% | base | after close | after close | after close | after close |
| INDA | -1.26% | +0.27% | base | after close | after close | after close | after close |
| EMB | +0.70% | +0.73% | base | after close | after close | after close | after close |
| EMLC | +0.82% | +0.78% | base | after close | after close | after close | after close |
| EEM | -2.96% | -0.90% | base | after close | after close | after close | after close |
| FRO | -2.89% | -6.19% | base | after close | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Indian shares decline as oil surge, inflation jitters weigh marketscreener.com
Source: marketscreener.com
Energy
| Company | When | Move | Status |
|---|---|---|---|
| BWET | three days earlier | -9.44% | final price |
| BWET | five days earlier | +16.99% | final price |
| EEM | three days earlier | -0.90% | final price |
| EEM | five days earlier | -2.96% | final price |
| EMB | three days earlier | +0.73% | final price |
| EMB | five days earlier | +0.70% | final price |
| EMLC | three days earlier | +0.78% | final price |
| EMLC | five days earlier | +0.82% | final price |
| FRO | three days earlier | -6.19% | final price |
| FRO | five days earlier | -2.89% | final price |
| INDA | three days earlier | +0.27% | final price |
| INDA | five days earlier | -1.26% | final price |
| USO | three days earlier | -3.20% | final price |
| USO | five days earlier | +1.59% | final price |
| XLE | three days earlier | -3.23% | final price |
| XLE | five days earlier | -4.15% | final price |
How solid “Indian shares decline as oil surge, inflation jitters weigh” looks
12 out of 100
“Indian shares decline as oil surge, inflation jitters weigh” scores 12 out of 100. The score uses 1 sources.