Wednesday, September 25, 2024

IEX shares fall by 17% in two days on news of market coupling implementation by FY25

IEX Share Price: Market coupling, expected to be implemented by the end of this fiscal year or the start of FY26, aims to establish a unified price for electricity across different trading platforms. IEX, which currently dominates the power trading market with an 84% share, may face new challenges due to this change.

from Economic Times https://ift.tt/2cHBjQ4

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US equities end lower as valuation concerns creep in

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