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Emirates Securities Market up by 0.86 percent

ABU DHABI / EMIRATES BUSINESS The Emirates Securities Market Index has increased by 0.86% to close at 4393.75 points. Accordingly the Market Capitalization has gained AED 6.06 billion attaining AED 712.72 billion. A total of 1.56 billion shares were traded with a total value of AED 2.19 billion during the trading session of 01-3-2016 through 17600 transactions. The number of companies which ...

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Stocks buoyed by China boost as crude oil climbs above $34

Bloomberg Global stocks rallied with U.S. equity futures, emerging-market currencies rose and crude oil climbed to an eight-week high as monetary stimulus in China brightened prospects for the world’s second-largest economy. Benchmark share indexes advanced across Asia after the People’s Bank of China cut lenders’ reserve requirements, freeing up funds to help spur lending. Russia’s ruble and South Africa’s rand ...

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Europe buck global trends as trading volume surges

Bloomberg Trading in European stocks surged to the highest level since 2011, countering global trends and showing the extent to which investors betting on gains in the region got caught off guard when markets turned lower. The number of shares tied to the benchmark Stoxx Europe 600 Index that changed hands jumped to almost 3.7 billion a day on average ...

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