12062016Tue
Last update: Tue, 06 Dec 2016 05am

Markets - Equity

Markets - Equity - Europe

Euro at 3-month high, bond yields key LONDON: The euro hit a three-month high against the dollar on Thursday, lifted by another lurch higher in euro zone government bond yields that again kept global stock markets in check.Investors digested figures from the previous day that showed relatively strong euro zone economic growth in the first quarter, contrasting with disappointingly weak U.S. retail sales in April.The euro shot above $1.14, bringing its gains against the U.S. currency in the last month to nearly 9 percent as the difference between benchmark U.S. and euro zone 10-year yields shrinks from the euro-lifetime high touched in March.European stock markets clawed back opening losses on Thursday but struggled to make much headway, with investors worried about volatility and the tightening of financial conditions resulting from the spike in yields.Asian stocks were broadly flat but Japan's Nikkei 225 index fell 1 percent. U.S. futures pointed to a positive opening on Wall Street thanks ...


Markets - Equity - Americas

TSX opens higher as gold miners offset industrials TORONTO: Canada's main stock index opened higher, as gains in the materials sector, led by gold miners, offset weakness led by the industrial group.The Toronto Stock Exchange's S&P/TSX composite index was up 33.94 points, or 0.23 percent, at 15,014.66 shortly after the open. Copyright Reuters, 2015

Markets - Equity - Middle East & Africa

Gulf mkts rise, Egypt extends loss on MSCI weighting cut DUBAI: Middle East stock markets continued on Thursday to digest index compiler MSCI's semi-annual review, which was positive for most Gulf markets but sent Egypt's bourse to a five-month low. Another positive factor for the Gulf was news that a truce in Yemen was holding, despite some minor incidents. Saudi Arabia's main index edged up 0.6 percent as blue-chip lenders Al Rajhi Bank and National Commercial Bank rose 2.4 and 1.5 percent respectively. Petrochemicals giant ...

Markets - Equity - Europe

European shares up on steel rally, easing of bond sell-off fears LONDON/EDINBURGH: European shares rose on Thursday, helped by a rally in steel company stocks after a report that the European Commission had opened an anti-dumping inquiry into imports of cold rolled steel from Russia and China. The European Commission has set tariffs on imports of grain-oriented, flat-rolled electrical steel (GOES) following a complaint lodged in June 2014 by the European steel producers association, Eurofer. The pan-European FTSEurofirst 300 index, which had at one stage been ...

Markets - Equity - Europe

European stocks drop at open LONDON: European stock markets fell at the start of trading on Thursday, with London's benchmark FTSE 100 index down 0.41 percent at 6,921.22 points.Elsewhere, the CAC 40 in Paris shed 0.39 percent to 4,942.49 points and Frankfurt's DAX 30 reversed 0.42 percent to 11,304 compared with Wednesday's close.Asian equities mostly retreated Thursday following another set of below-forecast US data, with Tokyo taking the biggest hit as the yen advanced against the dollar.Wall Street had finished ...

Markets - Equity - Americas

TSX down for third day as energy and rails weigh TORONTO: Canada's main stock index fell for a third straight session on Wednesday, with heavyweight energy and railway companies among the biggest losers as crude prices slipped and investors worried about economic growth.The Toronto Stock Exchange's S&P/TSX composite index ended down 62.43 points, or 0.42 percent, at 14,980.72. Eight of the ten main sectors were lower."Valuations have been somewhat stretched and we wouldn't be surprised to see a correction somewhere along the way here," said ...

Markets - Equity - Americas

TSX ends down for 3rd day as energy, rails weigh TORONTO: Canada's main stock index ended lower on Wednesday for its third straight decline, with heavyweight energy and railway companies among the biggest losers.The Toronto Stock Exchange's S&P/TSX composite index unofficially closed down 62.43 points, or 0.42 percent, at 14,980.72.Copyright Reuters, 2015