Stocks

Saudi stocks lead ME declines as Easter weighs on trading

BLOOMBERG Saudi stocks led Middle Eastern markets lower as oil languished near $40 a barrel and the Easter weekend holiday in Europe sapped volumes. Equities in Dubai extended the longest losing streak in more than two months. The Tadawul All Share Index sank for a fourth day, losing 1.7 percent to 6,244.60 as of 3:17 p.m. in Riyadh. Jabal Omar ...

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Woes descend on Japanese IPOs as stocks tank at start of trading

BLOOMBERG As starts go for Japan’s initial public offering market, this year’s has been pretty bad. When Willplus Holdings Co., a car dealer, opened below its offer price on its debut last week, it became the sixth of 21 IPOs to do so this year. In the rush of initial share sales in 2015 that saw 98 companies go public, ...

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Global stocks extend loss as US rate speculation lifts dollar

BLOOMBERG Stocks dropped around the world as the dollar extended gains into a fifth day, with the potential for higher U.S. interest rates again roiling financial markets as the Easter vacation looms. European shares have fallen every day this week, with raw-materials producers sliding as the Bloomberg Commodity Index declined. U.S. stock-index futures also dropped. Oil was poised for the ...

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Dollar’s Fed-fuelled gains dent gold, oil; European stocks rise

BLOOMBERG The dollar is on its longest winning streak in a month as speculation builds that the Federal Reserve is moving closer to raising interest rates — and that’s weighing on oil, gold and emerging markets. The U.S. currency strengthened for a fourth day after Chicago Fed President Charles Evans joined officials who’ve said this week they expect to raise ...

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Emirates Securities Market up by 0.12 percent

ABU DHABI / EMIRATES BUSINESS The Emirates Securities Market Index has increased by 0.12% to close at 4503.58 points. Accordingly the Market Capitalization has gained AED 0.88 billion attaining AED 730.54 billion. A total of 378.09 Million Shares were traded with a total value of AED 0.55 billion during the trading session of 23-03-2016 through 6353 transactions. The number of companies which ...

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Stocks drop on Brussels attack as gold rises with bonds and Yen

BLOOMBERG European stocks fell, while German government bonds rose with gold and the yen after explosions rocked a Brussels airport departure hall and a downtown subway station. The Stoxx Europe 600 Index fell the most in a week as the attacks caused deaths and injuries and spurred fears of imminent follow-up attacks in the capital of the European Union. Travel ...

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Emirates Securities Market up by 0.30 percent

ABU DHABI / EMIRATES BUSINESS The Emirates Securities Market Index has increased by 0.30% to close at 4498.17 points. Accordingly the Market Capitalization has gained AED 2.2 billion attaining AED 729.66 billion. A total of 0.76 Billion Shares were traded with a total value of AED 0.91 billion during the trading session of 22-03-2016 through 8596 transactions. The number of companies which ...

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Emirates Securities Market down by -0.03 percent

ABU DHABI / EMIRATES BUSINESS The Emirates Securities Market Index has decreased by -0.03% to close at 4484.64 points. Accordingly the Market Capitalization has lost AED 202.89 million attaining AED 727.47 billion. A total of 0.75 Billion Shares were traded with a total value of AED 0.95 billion during the trading session of 21-03-2016 through 8672 transactions. The number of companies which ...

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Global market volatility falls to two-month low; Pound declines

BLOOMBERG Volatility across global financial markets is at a two-month low as signs central banks will keep borrowing costs lower for longer to settle investor nerves that frayed at the start of the year. European shares slipped on Monday after a measure of global stocks posted the strongest close since Jan. 1 last week following five weeks of gains. The ...

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Record Egypt stock rally stalls as traders cash in; Saudi gains

BLOOMBERG Egyptian stocks declined after investors locked in gains from the longest winning streak on record, ending a rally fueled by the biggest currency devaluation in more than a decade. Saudi Arabian shares rose. The EGX 30 Index dropped 0.3 percent at the close in Cairo, after rising for 11 straight days in the longest rally since Bloomberg started tracking ...

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