02092016Tue
Last update: Tue, 09 Feb 2016 04pm

Markets - Equity

Markets - Equity - Europe

European stock markets steady at open after rout LONDON: European stock markets steadied at the start of trading on Tuesday after sharp falls the previous session on banking sector worries and general concerns surrounding the global economy.London's FTSE 100 benchmark index rose 0.2 percent to 5,702.6 points compared with the close on Monday.In the eurozone, Frankfurt's DAX 30 index was virtually unchanged at 8,980.7 points and the Paris CAC 40 edged up 0.2 percent to 4,072.3.The Paris and Frankfurt exchanges had lost more than 3.0 percent on Monday, London gave up close to 3.0 percent, while Milan slumped almost 5.0 percent and Athens around 8.0 percent.Copyright AFP (Agence France-Presse), 2016


Markets - Equity - Asia

Tokyo stocks plunge more than 5pc in equity market bloodbath TOKYO: Tokyo shares plunged more than five percent Tuesday, extending a global equities bloodbath as a sharp rise in the yen hammered exporters and fears over the state of the global economy fuelled a rush to safe investments.The eye-watering fall -- the steepest in percentage terms since June 2013 -- came after US and European bourses tumbled, sparked by worries about the financial sector as global growth slows.Leading the losses in Tokyo were were Japan's ...

Markets - Equity - Australia

Australia shares hit 2 1/2 year trough, NZ down in line with global rout SYDNEY: Australian shares fell to a 2 1/2-year low on Tuesday, joining a slump in global markets as sliding oil prices weighed on energy stocks and concerns about the health of banks reignited worries over global growth. The S&P/ASX 200 index dropped 143.3 points, or 2.9 percent, to close at 4,832.1, its biggest percentage decline since Sept. 29 and its lowest finish since July 2013. The benchmark is now down 8.7 percent so far this ...

Markets - Equity - Middle East & Africa

Gulf bourses fall, following global shares lower DUBAI: Gulf stock markets fell in early trade on Tuesday, erasing the prior session's gains as risk appetite diminished following a slump in global shares. Dubai's index fell 2.2 percent with blue chips Emaar Properties and Emirates NBD, Dubai's largest bank by market value, each tumbling more than 3.0 percent.Abu Dhabi's benchmark was down 0.4 percent after closing flat on the previous day; large-cap lender First Gulf Bank fell 0.9 percent. Dana Gas retreated 2.1 ...

Markets - Equity - Asia

Tokyo stocks plunge more than 5pc in equity market bloodbath TOKYO: Tokyo shares plunged more than five percent Tuesday, deepening an equities market bloodbath as a sharp rise in the yen hammered exporters and sentiment took a battering over fears of a global economic slowdown.The benchmark Nikkei 225 at the Tokyo Stock Exchange dropped 5.40 percent, or 918.86 points, to close at 16,085.44, while the Topix index of all first-section shares dived 5.51 percent, or 76.08 points, to 1,304.33.Copyright AFP (Agence France-Presse), 2016

Markets - Equity - Asia

Tokyo stocks slump more than 5pc in afternoon trade TOKYO: Tokyo shares tumbled more than five percent Tuesday, extending a global sell-off as a stronger yen dented exporters and after oil prices tanked again on fears of a deepening economic slowdown.Financial markets in Europe and on Wall Street took another hammering on Monday, with the latest round of losses sparked by worries about the financial sector as the global economy slows down, without the support of the Federal Reserve's easy money policies.The rout spread ...

Markets - Equity - Asia

Asian stocks extend global rout as traders flee to safety TOKYO: Tokyo stocks led a rout across Asian markets Tuesday, while Japanese government bond yields turned negative, the dollar dived against the yen and gold jumped as fears about the global economy sent investors scrambling to safety.While most the the region is closed for the Chinese New Year holiday, trading remained thin but dealers took their lead from New York and Europe where banking shares were battered.The sell-off is the latest this year, which has ...