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Bosnia’s bourse, Gulf-owned bank launch Balkans’ first Islamic share index

  SARAJEVO / Reuters Bosnia’s Sarajevo Stock Exchange (SASE) and Gulf-owned Bosna Bank International (BBI) launched the Balkans’ first index of listed firms compliant with Islamic investment principles on Monday in a bid to attract more investors in local equities. The index has 25 constituents: companies with the highest market capitalisation and revenues, including the country’s second-largest telecoms firm BH ...

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European equities grind higher

  London / AFP European stock markets held firm on Monday as traders digested last week’s volatile performance and eyed rising eurozone investor sentiment, dealers said. London added 0.2 percent in value, as investors paused for breath after sterling’s Brexit-fuelled “flash crash” to 31-year dollar lows late last week. The weak pound lifts exporters. Frankfurt won 0.6 percent despite ongoing ...

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Juneyao Airlines to join Star Alliance for overseas routes

  Bloomberg Juneyao Airlines Co., which currently only flies narrowbody jets from Airbus Group SE, is considering buying 10 widebody aircraft by 2020 to expand international routes. The planes could come from Airbus or Boeing Co., Juneyao Chairman Wang Junjin said on Monday. The carrier hasn’t placed any orders, Wang said at a briefing in Shanghai on its plans to ...

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