09252016Sun
Last update: Sun, 25 Sep 2016 05pm

Markets - Equity

Markets - Equity - Asia

Hong Kong stocks up 0.57pc at break HONG KONG: Hong Kong stocks ended the morning session 0.57 percent higher Monday, in line with a regional advance following healthy gains in New York and Europe.The benchmark Hang Seng Index added 140.04 points to 24,515.28 by lunch on turnover of HK$50.05 billion ($6.46 billion).In mainland China the benchmark Shanghai Composite Index jumped 1.63 percent, or 58.88 points, to 3,676.20.The Shenzhen Composite Index, which tracks stocks on China's second exchange, gained 2.02 percent, or 37.39 points, to 1,890.33.Copyright AFP (Agence France-Presse), 2015


Markets - Equity - Asia

Tokyo shares rise 0.99pc on slipping hopes for early Fed rate hike TOKYO: Tokyo stocks rose 0.99 percent on Monday, as global markets get a boost from speculation that the US Federal Reserve will not rush to hike interest rates.The Nikkei 225 index at the Tokyo Stock Exchange, which closed at a fresh 15-year high on Friday, added 194.14 points to close at 19,754.36, while the Topix index of all first-section shares climbed 0.74 percent, or 11.74 points, to 1,592.25.Copyright AFP (Agence France-Presse), 2015

Markets - Equity - Middle East & Africa

Gulf markets mixed; Arabtec dampens Dubai DUBAI: Gulf stock markets were narrowly mixed in early trade on Sunday, but Dubai builder Arabtec tumbled after swinging to a fourth-quarter loss.Arabtec fell 6.5 percent and was the main drag on Dubai's index, which edged down 0.4 percent.The company posted an unexpected fourth-quarter loss of 94.4 million dirhams ($25.7 million), blaming non-recurring general and administrative expenses.Arabtec reorganised itself and laid off some executives and staff after the abrupt departure in June last year of ...

Markets - Equity - Middle East & Africa

Saudi Arabia extends rebound; Arabtec dampens Dubai DUBAI: Saudi Arabia's bourse rebounded further on Sunday after oil prices mounted an end-of-week rally, while other Gulf markets were steady although Arabtec weighed on Dubai following the builder's poor quarterly results.Brent oil rose 1.6 percent to $55.32 per barrel on Friday while U.S. crude futures for April delivery jumped 4 percent to settle at $45.72 as the dollar posted its biggest weekly decline against the euro in more than three years.Saudi Arabia's main stock ...

Markets - Equity - Asia

Indian shares fall 0.7pc MUMBAI: Indian shares fell on Friday for a third consecutive session to a near 1-1/2 month closing low as blue-chips such as ICICI Bank declined on worries that stocks have gone ahead of underlying anaemic earnings growth. The benchmark BSE index closed down 0.73 percent at 28,261.08 points. It fell 0.85 percent in the week, marking its second consecutive weekly fall. The broader NSE index ended 0.74 percent lower at 8,570.90 points, falling 0.9 percent ...

Markets - Equity - Asia

Hong Kong stocks close down 0.38pc HONG KONG: Hong Kong stocks ended 0.38 percent lower Friday as investors booked profits from a two-day rally, while Shanghai added almost one percent to a near seven year-high on hopes for fresh Chinese stimulus measures.The benchmark Hang Seng Index lost 93.65 points to 24,375.24 on turnover of HK$116.12 billion ($14.98 billion).In mainland China, the benchmark Shanghai Composite Index rose 0.98 percent, or 35.05 points, to 3,617.32 on turnover of 651.8 billion yuan ($106.0 billion). ...

Markets - Equity - Europe

European stocks rise in opening deals LONDON: Europe's main stock markets advanced at the start of trade on Friday, with London's benchmark FTSE 100 index up 0.27 percent at 6,981.23 points.Elsewhere, Frankfurt's DAX 30 index added 0.36 percent to 11,942.16 points and the CAC 40 in Paris increased 0.14 percent to 5,037.18 compared with Thursday's close.Copyright AFP (Agence France-Presse), 2015