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Japan’s Nikkei jumps 7 percent, leads world stocks higher

Tokyo Tokyo stocks soared on Monday as a weaker yen and bargain-hunting drove a rebound from last week’s hammering on global equity markets. The benchmark Nikkei 225 index at the Tokyo Stock Exchange jumped 7.16 percent, or 1,069.97 points, to 16,022.58, clawing back from a loss of more than 11 percent last week. The broader Topix index of all first-section ...

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Emirates Securities Market Index up by 0.48 percent

ABU DHABI / EMIRATES BUSINESS The Emirates Securities Market Index has increased by 0.48% to close at 4123.51 points. Accordingly the Market Capitalization has gained AED3.18 Billion attaining AED668.89 Billion. A total of 0.53 Billion Shares were traded with a total value of AED495.74 Million during the trading session of 15-02-2016 through 6280 transactions. The number of companies which has been traded ...

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Aldar profits zoom by 49%

Abu Dhabi / Emirates Business Aldar Properties PJSC (“the Company”), Abu Dhabi’s leading listed property development, investment and management company, on Monday announced net profit of AED 2.6 billion for the financial year ended 31 December 2015, up 13% from AED 2.3 billion in 2014. Net profit for the fourth quarter rose 4% to AED 750 million, from AED 718 ...

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