05252016Wed
Last update: Wed, 25 May 2016 06am

Markets - Equity

Markets - Equity - Asia

Tokyo stocks fall 1.74pc by break TOKYO: Tokyo shares fell 1.74 percent on Tuesday morning as the yen strengthed and following a decline in US stocks with oil prices slumping to fresh multi-year lows.The Nikkei 225 index at the Tokyo Stock Exchange slid 298.86 points to 16,898.87 by the break, while the Topix index of all first-section shares was down 1.57 percent, or 21.64 points, at 1,358.94. Copyright AFP (Agence France-Presse), 2015


Markets - Equity - Europe

Britain's FTSE underperforms European shares, hit by oil and energy firms LONDON: Britain's top share index edged higher on Monday, underperforming continental European shares as heavily weighted oil and energy firms fell.However, falling oil prices boosted travel and leisure stocks, with cruise operator Carnival rising towards the top of the index.Brent oil fell below $49 a barrel after a cut in short-term forecasts by Goldman Sachs. Oil prices are at their lowest since April 2009 and have fallen for seven weeks.The UK oil and gas index, ...

Markets - Equity - Asia

Sri Lankan shares retreat from near 4-year high; Sirisena policies awaited COLOMBO: Sri Lanka's main stock index fell on Monday after climbing to a near four-year high as investors took profits amid uncertainty around new President Maithripala Sirisena's economic policies.The main stock index rose 0.9 percent to 7,670.98, its highest since March 2011, before reversing the climb and closing down 0.51 percent, or 39.09 points, at 7,566.70. The index hit its highest close since March 2011 on Friday.There was some profit-taking and investors were waiting for ...

Markets - Equity - Middle East & Africa

Gulf markets edge down as oil drops; Saudi banks strong DUBAI: Gulf stock markets ran out of steam on Monday after several strong sessions as oil prices fell by more than $1 a barrel, although positive fourth-quarter corporate earnings supported individual stocks.Brent crude traded below $49 after analysts at Goldman Sachs cut their average forecast for the benchmark in 2015 to $50.40 a barrel from $83.75.Saudi Arabia's stock index slipped 0.1 percent as shares in petrochemicals giant Saudi Basic Industries fell 1.9 percent; petrochemical industry ...

Markets - Equity - Americas

TSX opens lower as energy shares drop with oil price TORONTO: Canada's main stock index opened lower on Monday as oil prices dropped after Goldman Sachs cut its forecast for the commodity, sending down shares of energy companies.The Toronto Stock Exchange's S&P/TSX composite index was down 99.83 points, or 0.69 percent, at 14,285.09 shortly after the open.Copyright Reuters, 2015

Markets - Equity - Americas

Wall Street falls as oil prices weigh on energy sector NEW YORK: US stocks fell on Monday, extending a two-week decline for equities, as weakness in oil prices weighed on the energy sector ahead of the start of corporate earnings season.Oil prices continued their downward march and weighed on equities, with both Brent and U.S. crude down about 4 percent as Goldman Sachs slashed its short-term price forecasts and Gulf producers showed no signs of curbing output. The S&P energy index was down more than ...

Markets - Equity - Europe

Britain's FTSE gains as cheaper oil helps cruise operator Carnival LONDON: Britain's top share index rose on Monday, as falling crude oil prices boosted cruise operator Carnival and British engineering company GKN gained after a leading investment bank improved its rating for the shares.GKN rose 2.6 percent, leading the gains in the FTSE 100 , after Credit Suisse raised its price target for the stock to 410 pence from 380 pence and reiterated its "outperform" rating.Stocks were also helped by speculation of further mergers and ...