06252016Sat
Last update: Sat, 25 Jun 2016 10am

Markets - Equity

Markets - Equity - Asia

Tokyo's Nikkei plunges almost 8pc in Brexit bloodbath TOKYO: Tokyo's benchmark stock index nosedived almost eight percent Friday as Britain's decision to leave the European Union sparked a market bloodbath.The Nikkei 225 plunged 7.92 percent, or 1,286.33 points, to 14,952.02 in its biggest one-day plunge since Japan's 2011 quake-tsunami disaster.The broader Topix index of all first-section shares dived 7.26 percent, or 94.23 points, to 1,204.48 by the close.Copyright AFP (Agence France-Presse), 2016


Markets - Equity - Europe

FTSE hits two-month high as Britain votes on EU membership LONDON: Britain's top share index rose to a two-month high on Thursday as Britons voted on membership of the European Union after opinion polls showed support for the "Remain" camp rising. Two opinion polls published late on Wednesday showed signs of a last-minute rise in support for staying in the EU. Investors fear Brexit would damage the economy in Britain and beyond. "Overnight polls still suggest the result could be very close, although a late ...

Markets - Equity - Europe

European shares rise ahead of Britain's EU referendum result MILAN: European shares rose for the fifth day running on Thursday, assisted by firmer banks and miners and expectations that Britain would vote to stay in the European Union. The pan-European STOXX 600 and FTSEurofirst 300 indexes rose 1.5 and 1.3 percent respectively, both ending at their highest point in about two weeks. The gains follow a sell-off in the previous week when concerns over a possible Brexit mounted, depressing them to their lowest level ...

Markets - Equity - Americas

US stocks rally as Britain votes on EU membership NEW YORK: Wall Street stocks rose decisively in early trade Thursday, with banking shares especially strong, as investors bet Britain will vote to stay in the European Union.Although last-minute opinion polls have shown a tight contest, the strong gains in stocks suggested markets believe a "Remain" vote is virtually guaranteed. But if the vote goes for Britain exiting the 28 member European Union, analysts say the result could be big losses in markets.About 40 minutes ...

Markets - Equity - Asia

Sri Lankan shares hit 2 month closing low ahead of cbank rates decision COLOMBO: Sri Lankan shares fell for a fourth straight session to hit a two-month closing low on Thursday as investors turned cautious ahead of a rate announcement by the central bank. The central bank will announce June monetary policy rates at 1230 GMT on Friday and the market broadly expects rates to be left steady for a fourth straight month, although a possible rate hike is not ruled out. A decision by Moody's to revise ...

Markets - Equity - Americas

TSX up, led by energy and financials on rising odds of Britain staying in EU TORONTO: Canada's main stock index rose on Thursday, led by energy and financial stocks as increased chances that Britons will vote to remain in the European Union helped drive global stocks and oil prices higher. The Toronto Stock Exchange's S&P/TSX composite index was up 80.59 points, or 0.58 percent, at 14,084.40, shortly after the open. Nine of the index's 10 main groups were higher. Copyright Reuters, 2016

Markets - Equity - Middle East & Africa

Nigeria index nears 9-month high as banks, consumer stocks gain LAGOS: Nigeria's main share index approached a 9-month high on Thursday, after rising for a third straight day as investors poured cash into banking and consumer goods stocks.The stock market, which has the second-biggest weighting after Kuwait on the MSCI frontier market index, climbed 2.9 percent to 30,999 points by 1234 GMT, a level last seen on Oct. 2.Stocks are up 5.2 percent so far this year, wiping out earlier losses since the central bank ...