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Indian stocks gain

Bloomberg Indian stocks rose as they entered their final full week of trading for the quarter, as investors weighed the reopening of the economy against a rising number of novel coronavirus infections in rural areas. The S&P BSE Sensex added 0.9% to 35,038.49 as of 10:22 am in Mumbai, while the NSE Nifty 50 Index advanced 1%. While volatility may ...

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Investors should get more selective in H2: JPMorgan

Bloomberg Investors should be more selective in the next six months as asset returns are likely to diverge because liquidity “cannot paper over specific weaknesses indefinitely,” according to JPMorgan Chase & Co. An “indiscriminate approach” to a portfolio would largely have worked in April and May, when most financial assets rallied — a typical result at a turning point in ...

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Trade in UAE food products reaches AED31.7bn in Q1

Abu Dhabi / WAM The value of Emirati food products traded in the first quarter of 2020 totalled AED31.7 billion, according to the latest figures from the Federal Competitiveness and Statistics Authority. The figures also show that the value of the country’s food imports in the first quarter of this year amounted to AED17.98 billion while trade in medicines and ...

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