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Saudi stocks lead ME declines as Easter weighs on trading

BLOOMBERG Saudi stocks led Middle Eastern markets lower as oil languished near $40 a barrel and the Easter weekend holiday in Europe sapped volumes. Equities in Dubai extended the longest losing streak in more than two months. The Tadawul All Share Index sank for a fourth day, losing 1.7 percent to 6,244.60 as of 3:17 p.m. in Riyadh. Jabal Omar ...

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Emirates Securities Market down by -0.73 percent

ABU DHABI / EMIRATES BUSINESS The Emirates Securities Market Index has decreased by -0.73% to close at 4418.03 points. Accordingly the Market Capitalization has lost AED 5.29 billion attaining AED 716.66 billion. A total of 313 Million Shares were traded with a total value of AED 356.37 million during the trading session of 26-04-2016 through 4475 transactions. The number of companies which ...

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Woes descend on Japanese IPOs as stocks tank at start of trading

BLOOMBERG As starts go for Japan’s initial public offering market, this year’s has been pretty bad. When Willplus Holdings Co., a car dealer, opened below its offer price on its debut last week, it became the sixth of 21 IPOs to do so this year. In the rush of initial share sales in 2015 that saw 98 companies go public, ...

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