Month: February 2020

Checking the Charts: How to Trade Paint Inventories against a Backdrop of Falling Crude Oil Prices

Brent crude fell more than 2% to $ 57.04 a barrel on Monday, as the rapid spread of the coronavirus in several countries outside of China left investors worried about a blow to demand. Back home, the benchmark stock indexes opened lower with a 1% drop. General sentiment could lose its positive grip if the […]

Paint inventories advance on falling crude prices

Shares of six paint companies rose 0.90% to 4.93% on lower crude oil prices. Asian Paints (up 4.93%), Berger Paints India (up 2.88%), Kansai Nerolac Paints (up 3.05%), Akzo Nobel India (up 1.77%) and Shalimar Paints (up 0.90%) advanced. In the commodities market, Brent crude for the April 2020 settlement fell 42 cents to $ […]

Back To Top