Stocks

  Bloomberg US stocks fluctuated near an all-time high, while a rebound in crude oil lifted energy producers and gold snapped its longest rally in six weeks. The rally in global bonds faltered. The S&P 500 Index swung between gains and losses as retailers stumbled a second day on lackluster quarterly results. Crude rose past $40 a barrel after U.S. ...

  DUBAI / Reuters Egypt’s stock market closed at a one-year high on Wednesday on optimism among local investors that a loan deal with the International Monetary Fund would boost the economy, while weak oil prices and global bourses pushed Gulf bourses down further. Cairo’s main index jumped 1.6 percent to a one-year high of 8,105 points in rising turnover, ...

  DUBAI / WAM Volumes on the Dubai Gold and Commodities Exchange (DGCX) crossed over 11 million contracts this year, growing 49% from last year. The overall volumes in July 2016 touched 1,674,268 contracts, registering a massive year-on-year increase of 47%, driven largely by elevated trade volumes across precious metals, currencies, equities and hydrocarbon segments. The exchange also recorded the ...

  Bloomberg Emerging-market stocks retreated from their highest level in a year as oil’s descent into a bear market weighed on energy producers and investors assessed the outlook for the global economy. Shares in Russia and the oil-exporting Gulf region led losses as oil traded near $40 a barrel in New York after tumbling to the lowest close since April ...

  London / AFP European stock markets mostly fell on Monday on poor post-Brexit manufacturing data, with Italy rocked also by stress tests which sparked fresh questions over the health of its troubled banks. London slid 0.4 percent as a survey showed Britain’s manufacturing industry has slumped to its lowest level in more than three years on the back of ...

  Bloomberg Russia’s economy contracted the least since it slipped into recession at the start of last year as industry and farming added to oil’s biggest quarterly gain since 2009 to steady the world’s biggest energy exporter. Gross domestic product shrank 0.6 percent in the second quarter from a year earlier after a decline of 1.2 percent in the previous ...

  London / AFP European stocks and the dollar slid on Thursday after the Federal Reserve held interest rates and indicated it would take a slow, measured approach to any hikes. Markets also digested a barrage of company results, including from Britain’s Lloyds Banking Group, Rolls-Royce and Royal Dutch Shell, as well as France’s Carrefour, BNP Paribas and Renault, and ...

  Tokyo / AFP Tokyo shares fell on Thursday as a Bank of Japan (BoJ) policy meeting kicked off, with markets waiting to see if policymakers unleash a fresh round of stimulus to kickstart sluggish growth. The gathering is the BoJ’s first since Britain’s shock vote to quit the European Union hammered financial markets and sparked a rally in the ...

  London / AFP European and Japanese shares rallied on Wednesday after Tokyo launched a massive stimulus package, with sentiment buoyed also by accelerating British economic growth and upbeat company results. Traders were meanwhile awaiting the US Federal Reserve’s latest interest rate decision and accompanying statement. London stocks rose 0.5 percent as data showed the British economy grew by 0.6 ...

  Bloomberg Emerging-market stocks rose toward the highest level since China’s currency devaluation last year, while volatility fell to an 11-year low, on optimism earnings are improving and central banks remain supportive of growth. Egyptian stocks rallied the most in the world after the government said it’s nearing the final stages of talks for an International Monetary Fund loan. Turkey’s ...