Last update: Sun, 04 Dec 2016 11pm

Stocks and Bonds


US stocks ended little changed on Friday after a payrolls report did little to recast expectations for an interest rate hike from the Federal Reserve this month and bank stocks cooled to round out their fourth straight week of gains. A US Labour Department report showed employers in private and public sectors hired more people last month than economists had expected, further strengthening expectations of a hike when the US central bank meets December 13 and 14.

Skechers USA's stock was on track for its best day in over two years on Thursday after the shoe seller's chief executive bought $11 million worth of the beleaguered shares and a brokerage recommended it after viewing new products at a trade show.
Websites of companies, being the virtual face of entities, is an effective tool for dissemination of material information to the public. The SECP, as a first step in this direction, issued a notification dated July 10, 2014, requiring all public companies to maintain functional websites with effect from August 30, 2014. The aforementioned notification also prescribed relevant content to be displayed on the websites of companies. In order to facilitate the companies in understanding and implementing this mandatory requirement, the SECP also issued guidelines for companies to maintain their websites.
hina aims to increase direct funding for companies through financial instruments such as stocks by implementing a national investment standard, a senior official at the People's Bank of China (PBOC) said on Saturday. The majority of China's loans still come from bank deposits, while funds raised via direct channels such as equity are insufficient, limiting the scope for firms to borrow, Vice Governor Fan Yifei was quoted as saying on online portal Sina.
Canada's main stock index eked out a small gain on Friday as miners rose as the price of gold climbed while energy stocks slipped after an Opec deal earlier in the week propelled oil to its biggest weekly gain in years. The Toronto Stock Exchange's S&P/TSX composite index settled up 24.99 points, or 0.17 percent, at 15,052.52. For the week, it slipped 0.15 percent, after hitting a near 18-month high on Thursday.
Middle East funds have become more bullish towards equities in the region but are cautious towards Saudi Arabia and Egypt after spectacular rebounds in those stock markets, a monthly Reuters poll found. The poll of 14 leading fund managers, conducted over the last week, found 43 percent expect to increase their allocation to Middle East equities over the next three months and 7 percent to reduce them.
Nomura analysts said on Wednesday that a sell-off of Mexican peso-denominated bonds could gain pace and that potential US anti-trade policies could drive yields back near levels seen during the global financial crisis. In a client note, Nomura said that data showed foreign funds had been selling Mexican peso bonds since the surprise November 8 election of Donald Trump as US president.