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Foreign investor bets show Indian stocks rally has more legs

Bloomberg Overseas investors have stepped up their return to Indian equities, helping power benchmarks gauges to record highs and derivatives data signals more room for the rally. Global funds have bought a net $3 billion of India stocks so far this month, according to Bloomberg-compiled data. Holdings of foreign investors in long index futures have risen by about six times ...

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Taiwan stocks sink

  Bloomberg Taiwan stocks dropped on Monday, weighed by ruling party DPP’s resounding defeat in local elections and amid a broader selloff across Asia. The benchmark Taiex slid 1.5%, the most since October 13, as investors worried that the government may stop the support measures for the market after opposition Kuomintang’s victory at the polls. The party held onto 13 ...

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Abu Dhabi’s GDP expands 11.2% in first half of 2022

  Abu Dhabi / WAM Statistics Centre – Abu Dhabi (Scad) has announced statistical data that show expansion of Abu Dhabi’s gross domestic product (GDP) in the first half of 2022, reaching 11.2 percent compared to the same period last year. The growth reflects the emirate’s robust performance and the ability of the economy to maintain competitiveness and sustain growth ...

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