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Stocks diverge as traders eye central banks

  AFP European stock markets were mixed on Thursday, as London shares rose on hints from the Bank of England that there could be another rate cut this year. London’s benchmark FTSE 100 stocks index was up 0.2 percent in afternoon trading, as traders also reacted to better-than-expected British retail sales data. In the eurozone, Frankfurt’s DAX 30 index slipped ...

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Oil prices rebound

  AFP Oil prices rebounded slightly on Thursday after tanking the previous day, but gains were capped by US stockpiles data and the prospect of rising output in Libya and Nigeria, dealers said. At about 1015 GMT, US benchmark West Texas Intermediate for delivery in October was up 20 cents at $43.78 a barrel. Brent North Sea crude for November ...

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UAE bourses fall in thin, early trade; GFH rises

  Bloomberg United Arab Emirates stock markets fell in thin early trade on Thursday as they reopened after long Eid al-Adha holidays. During the time the bourses were closed between Sunday and Wednesday, oil prices and global equities dropped steeply, leaving few positive incentives for Gulf investors. Many investors remained on holiday on Thursday, the last day of the working ...

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