DUBAI / Reuters Most Middle Eastern stock markets rose on Wednesday, with Egypt ending a six-day losing streak, but trading volumes were thin in the absence of major new catalysts for investors. The Dubai index rose 0.3 percent as GFH Financial , the most active stock, climbed 2.9 percent. It had plunged 12.9 percent over the previous two days as ...

Bloomberg History suggests otherwise, but Morgan Stanley says Turkey’s peer-beating banks have room to rally further. Analysts including Samuel Goodacre increased share price targets for four of Turkey’s biggest lenders by an average 15 percent, saying a government credit guarantee facility will continue to underpin their earnings. Istanbul’s banks index is climbing even as the country’s borrowing costs rise to ...

Bloomberg HSBC Holdings Plc has hired three executives from Goldman Sachs Group Inc. as it seeks to bolster its equities business in the Asia-Pacific region, people familiar with the matter said. Michael Chandler, formerly Goldman Sachs’s co-head of Asia-Pacific research sales, has joined HSBC as head of equity sales for the region, the people said, asking not to be named ...