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Markets diverge in low volumes, Qatar rebounds

  DUBAI / Reuters Trading volumes in Middle Eastern stocks were light on Wednesday, with relatively modest moves and regional markets taking different directions. Qatar’s index rebounded 0.5 percent after dropping 2.2 percent in the previous session. All but one of the six banks rose with Commercial Bank, the top gainer, jumping 2.3 percent. Abu Dhabi’s index added 0.4 percent ...

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Investors ditching US stocks in favour of European peers

  Bloomberg Global equity investors who had shunned Europe for months are back, and at the expense of the US Since October, global funds have made a “significant rotation” out of US stocks into Europe excluding the UK and into Japanese equities, equity strategists at HSBC Holdings Plc wrote in a note. The shift comes as banks including Goldman Sachs ...

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VietJet jumps 20% in trading debut as travel demand soars

  Bloomberg VietJet Aviation Joint Stock Co. surged by the 20 percent daily limit in its trading debut on the Ho Chi Minh City Stock Exchange, reflecting investor interest in Vietnam’s first mainboard-listed carrier as travel demand soars in the nation. The stock rose to 108,000 dong at the close of trading, valuing the low-cost carrier at 32.4 trillion dong ...

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