DUBAI / Reuters Saudi Arabia’s stock market rebounded on the back of banking shares on Monday while other major Gulf bourses were firm, with builder Drake & Scull leaping in Dubai after it replaced its chief executive. The Saudi stock index, which had tumbled 2.2 percent on Sunday as banks dropped because of concern about the impact of government …

  SARAJEVO / Reuters Bosnia’s Sarajevo Stock Exchange (SASE) and Gulf-owned Bosna Bank International (BBI) launched the Balkans’ first index of listed firms compliant with Islamic investment principles on Monday in a bid to attract more investors in local equities. The index has 25 constituents: companies with the highest market capitalisation and revenues, including the country’s second-largest telecoms firm BH …

  London / AFP European stock markets held firm on Monday as traders digested last week’s volatile performance and eyed rising eurozone investor sentiment, dealers said. London added 0.2 percent in value, as investors paused for breath after sterling’s Brexit-fuelled “flash crash” to 31-year dollar lows late last week. The weak pound lifts exporters. Frankfurt won 0.6 percent despite ongoing …