06302016Thu
Last update: Thu, 30 Jun 2016 11am

Markets - Equity

Markets - Equity - Asia

Tokyo shares rally at open, extend global gains TOKYO: Tokyo shares rose in opening trade Thursday, extending sharp global gains as fears about the impact of Britain's vote to quit the European Union eased.At the start, the benchmark Nikkei 225 index jumped 1.19 percent, or 185.88 points, to 15,752.71, with major exporters including Sony and Toyota logging gains.The broader Topix index of all first-section shares climbed 1.18 percent, or 14.73 points, to 1,262.42.Global equity markets took a pounding in the wake of the shock vote last week, as panicked investors ran for the exit door.But on Wednesday, Wall Street joined a European rally for a second straight day, even as a litany of questions hang over Britain's path ahead as it handles its exit from the bloc and dealings with EU partners."Optimism is rising that this event won't be the catalyst for global market volatility," said Sharon Zollner, a senior economist in Auckland at ANZ Bank New Zealand."Let's ...


Markets - Equity - Europe

London stocks wipe out post-Brexit losses in global rebound LONDON: London share prices surged on Wednesday, wiping clean post-Brexit result losses, in the second straight day of a global recovery following a sharp sell-off sparked by Britain's vote to quit the EU.London's benchmark FTSE 100 closed well over three percent higher and above its June 23 closing level, with a weaker British pound likely helping boost companies non-UK profits.Paris and Frankfurt shares also pulled off strong increases, bouyed by a firmer Wall Street and ...

Markets - Equity - Americas

TSX rises early as oil supports, Brexit jitters fade TORONTO: Canada's main stock index gained in early trade on Wednesday as higher oil prices boosted shares of energy companies and investors bought back into banks after the initial shock of Britian's vote to exit the European Union. The Toronto Stock Exchange's S&P/TSX composite index was up 115.22 points, or 0.83 percent, at 13,957.91 shortly after the open. All 10 main sectors were higher. Copyright Reuters, 2016

Markets - Equity - Middle East & Africa

Gulf pushes higher but volumes subdued DUBAI: Most stock markets in the Gulf nudged up on Wednesday, supported by recoveries in oil and global equity prices after the shock of Britain's vote to leave the European Union last week, but turnover was small before summer and Eid al Fitr holidays. Riyadh's index added 0.3 percent, buoyed by the banking and telecommunications sectors, with phone operator Zain KSA climbing 1.3 percent to 7.95 riyals.NCB Capital said in a note that strong revenue ...

Markets - Equity - Asia

Sri Lankan rupee forwards rise on bank dollar sales  COLOMBO: Sri Lankan rupee forwards ended firmer on Wednesday as a private bank and some exporters sold dollars, and foreign investors bought the local currency to buy bonds.One-week dollar/rupee forwards, which have been acting as a proxy for the spot rupee, ended at 146.60/80 per dollar, compared with Tuesday's close of 147.80/148.00."A private bank sold dollars aggressively in the market. We don't know if it was selling on behalf of the central bank," said a ...

Markets - Equity - Europe

World stocks build on post-Brexit rebound LONDON: Global stock prices rose Wednesday in a second day of recovery from a sharp-sell off prompted by Britain's vote to leave the European Union.Asian markets led the way on hopes that authorities will unveil fresh stimulus to counter the effects of the shock vote.Europe followed suit, encouraged by a recovering pound, but analysts warned of a jitters ahead depending on the shape of ongoing political dealings between Britain and its EU partners."First the panic ...

Markets - Equity - Europe

Emerging assets in second day of gains; Turkish tourism shares hit LONDON: Emerging stocks and currencies rose for the second straight day on Wednesday, clawing back more of the recent Brexit-fuelled losses, though shares linked to Turkish tourism fell sharply after a deadly attack at Istanbul's main airport.World stocks have rebounded slightly after huge losses on Friday and Monday due to Britain's vote to leave the European Union, as the heightened uncertainty is now seen dissuading the U.S. Federal Reserve from a July rate hike and ...