ABU DHABI / EMIRATES BUSINESS The Emirates Securities Market Index has increased by 1.18% to close at 4418.81 points. Accordingly the Market Capitalization has gained AED 8.38 billion attaining AED 716.79 billion. A total of 0.88 billion Shares were traded with a total value of AED 1.28 billion during the trading session of 03-03-2016 through 12114 transactions. The number of companies which ...

Bloomberg Asian shares and currencies rose along with industrial metals as improving U.S. economic data coupled with prospects for stimulus in China spurred risk-taking. The MSCI Asia Pacific Index was set for its biggest three-day rally since August, led by banks and raw-materials producers. The Stoxx Europe 600 Index snapped a five-day winning streak. South Korea’s won and Malaysia’s ringgit ...

Bloomberg Investors in European companies reliant on developing nations for revenue are proving less bullish in the prospects for a rebound in emerging markets than firms including Citigroup Inc. and Fidelity Investment Management. The region’s shares with the highest exposure to developing countries trade near record lows relative to those reliant on Europe and the U.S., according to Morgan Stanley ...