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UK stocks outperform as inflation drop fuels interest rate-cut bets

BLOOMBERG British stocks rallied after data showed inflation in the UK slowed far more than expected, bolstering rate-cut bets. Argenx SE plunged after negative news on its skin disease drug trial, holding Europe back as the benchmark stalled near a January 2022 high. The pan-European Stoxx 600 Index ended the session with a 0.2%% gain. UK real estate stocks and ...

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Stocks, bonds decline after rally stalls before year-end

BLOOMBERG European stocks slipped, following losses in the US and Asia as traders dial back optimism over possible Federal Reserve interest-rate cuts and trim positions before the long Christmas weekend. The autos and real estate sectors led declines as Europe’s Stoxx 600 index retreated 0.3%. The S&P 500 and Nasdaq 100 both dropped 1.5% Wednesday, although futures contracts pointed to ...

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Sharjah records AED2.6b real estate deals in November

SHARJAH / WAM The volume of real estate transactions across the emirate of Sharjah has reached AED2.6 billion during November 2023, according to the monthly real estate transactions report issued by Sharjah Real Estate Registration Department. The total number of transactions was 4,079, while the total volume of the area traded in sales transactions reached 10.6 million square feet during ...

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