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Local stock market liquidity hits AED1.4bn

ABU DHABI / WAM Local stock markets attracted liquidity exceeding AED1.4 billion at the close of trading on Monday, with International Holding Company (IHC) and Emaar Properties leading the trades. According to market data, the liquidity was distributed as AED1.008 billion in the Abu Dhabi Securities Exchange (ADX) and AED405.4 million in the Dubai Financial Market (DFM), after trading 377 ...

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Metals, stocks surge as investors focus on rate cut expectations

SINGAPORE / WAM Asian shares hit two-year highs while copper and gold struck records on Monday as investors wagered on interest rate cuts around the corner and China stepping up efforts to steady its property sector, Reuters reported. Brent crude futures rose to a one-week high of $84.25 a barrel after reports on fresh instability in the Middle East. Gold ...

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EPA shares UAE’s publishing experience in Greece

THESSALONIKI / WAM As part of its participation in Sharjah’s Guest of Honour Programme at the 39th Thessaloniki International Book Fair in Greece, the Emirates Publishers Association (EPA) shared the UAE’s distinguished publishing experience with an international audience. During the fair, which began on May 16 and concluded on Sunday, the association highlighted its efforts in advancing the Emirati and ...

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