Monday , 22 December 2025

Recent Posts

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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Emirates Securities Market Report down by -1.05 %

ABU DHABI / EMIRATES BUSINESS The Emirates Securities Market Index has decreased by -1.05% to close at 4485.89 points. Accordingly the Market Capitalization has lost AED 7.73 billion attaining AED 727.67 billion. A total of 1.04 billion Shares were traded with a total value of AED 1.3 billion during the trading session of 20-03-2016 through 11253 transactions. The number of companies which …

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PBOC chief warns about rising debt

Beijing / Bloomberg People’s Bank of China (PBOC) Governor Zhou Xiaochuan sounded a warning over rising debt levels, saying corporate lending as a ratio to gross domestic product had become too high and the country must develop more robust capital markets. China still has a problem with illegal fundraising and financial services are insufficient, Zhou said in a speech at …

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