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Brexit fallout drives UK firms to Nasdaq’s Nordic market

Bloomberg The head of European listings at Nasdaq Inc. says Britain’s decision to leave the European Union is driving more UK companies to its Nordic market. Nasdaq Nordic now expects up to 15 percent of its initial public offerings and listings in 2018 could be made by companies outside the region. Most of the approaches it’s getting are from UK ...

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Petchems, banks support Saudi, Qalaa surges in Egypt

Reuters Stock markets in the Middle East were mixed in narrow ranges on Sunday, with banks and petrochemicals supporting Saudi Arabia while Qatar edged down to a fresh 18-month closing low. The Saudi index rose 0.2 percent. All but two of the 14 listed petrochemical shares advanced after a pick-up in oil prices at the end of last week, with ...

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Oil denies Saudi biggest regional stock market tag

Bloomberg Oil has denied Saudi Arabia the opportunity to overtake South Africa as the biggest stock market in the Middle East and Africa, even as political turmoil and a faltering economy hold back share prices in Johannesburg. The total market capitalisation of the South African bourse was $489 billion, about $25 billion more than that of Riyadh’s after its main ...

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