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Emirates Securities Market Index up by 0.92 percent

ABU DHABI / EMIRATES BUSINESS The Emirates Securities Market Index has increased by 0.92% to close at 4161.49 points. Accordingly the Market Capitalization has gained AED6.16 Billion attaining AED675.05 Billion. A total of 0.64 Billion Shares were traded with a total value of 0.75 Billion AED during the trading session of 16-02-2016 through 8512 transactions. The number of companies which has been ...

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Oil rebounds, Asia stocks go up

Hong Kong/ AFP Asian markets extended their rally on Tuesday as hopes were raised that major oil exporters Russia and Saudi Arabia could agree action to ease a global supply glut, and authorities will step in to boost growth in major economies. Gains on European markets also gave investors confidence to buy again as Shanghai surged more than three percent ...

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New year woe for Taiwan as exports fall again

Taipei/ AFP The new year has brought Taiwan no respite from its economic woes as exports fell in January for the 12th successive month, the longest continuous decline for almost seven years. The island slid into recession in the last quarter of 2015, posting its slowest annual growth since 2009, as China’s economic slowdown and weaker international demand took their ...

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