Friday , 12 June 2026

Recent Posts

Saudi lifted by financials, other Gulf markets mixed

Bloomberg Saudi Arabia stocks were lifted on Monday by optimism about fund flows, while other bourses in the region were lacklustre. The Saudi index closed 1.0 percent higher, lifted by financial stocks. Insurance firm BUPA Arabia gained 5.5 percent after it recommended an increase in capital to 1.2 billion riyals ($320 million) from 800 million riyals through a 1-for-2 bonus …

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Dollar falls with reduced Syria anxiety

NEW YORK / Reuters The dollar fell broadly on Monday on hopes that a US-led strike on Syria would not escalate, rekindling some appetite for stocks and other risky assets and spurred investors to reduce safe-haven holdings of the greenback. Government data that showed a rebound in US store sales in March failed to lift the dollar which has been …

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Singapore home sales show signs of recovery, rise to 4-month high

Bloomberg Singapore home sales jumped to the highest in four months in March amid signs the property market is recovering. Developers sold 716 units, the Urban Redevelopment Authority said. That’s more than a revised 384 units in February and the highest since November. Still, sales are running at a slower pace than early last year. The city-state’s housing market is …

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