DUBAI / Reuters Most Middle Eastern stock markets rose on Wednesday, with Egypt ending a six-day losing streak, but trading volumes were thin in the absence of major new catalysts for investors. The Dubai index rose 0.3 percent as GFH Financial , the most active stock, climbed 2.9 percent. It had plunged 12.9 percent over the previous two days as …

Bloomberg History suggests otherwise, but Morgan Stanley says Turkey’s peer-beating banks have room to rally further. Analysts including Samuel Goodacre increased share price targets for four of Turkey’s biggest lenders by an average 15 percent, saying a government credit guarantee facility will continue to underpin their earnings. Istanbul’s banks index is climbing even as the country’s borrowing costs rise to …

Bloomberg HSBC Holdings Plc has hired three executives from Goldman Sachs Group Inc. as it seeks to bolster its equities business in the Asia-Pacific region, people familiar with the matter said. Michael Chandler, formerly Goldman Sachs’s co-head of Asia-Pacific research sales, has joined HSBC as head of equity sales for the region, the people said, asking not to be named …