ABU DHABI / EMIRATES BUSINESS The Emirates Securities Market Index has increased by 1.04% to close at 4210.71 points. Accordingly the Market Capitalization has gained AED7 Billion attaining AED683.03 Billion. A total of 0.84 Billion Shares were traded with a total value of AED0.99 Billion during the trading session of 18-02-2016 through 9380 transactions. The number of companies which has been traded ...

Hong Kong / AFP Asian stocks mostly joined a global rally on Thursday with a surge in oil prices providing some much-needed confidence as key producer Iran praised an output freeze by Saudi Arabia and Russia. Crude, which last week flirted with 13-year lows, extended a surge that began Friday as dealers grow hopeful of an easing to the overproduction ...

New York / AFP Shares of oil companies and miners surged on Wednesday behind higher commodities prices as US stocks notched gains for the third straight session. The Dow Jones Industrial Average jumped 257.42 points (1.59 percent) to 16,453.83. The broad-based S&P 500 rose 31.24 (1.65 percent) to 1,926.82, while the tech-rich Nasdaq Composite Index gained 98.11 (2.21 percent) at ...