02132016Sat
Last update: Sat, 13 Feb 2016 07am

Markets - Equity

Markets - Equity - Europe

European shares rise with Wall Street in choppy trade LONDON: European and US shares were mostly firmer on Thursday after a yo-yo session as investors fretted about a stronger euro and braced for US labour data.Among the eurozone's main exchanges, Germany's DAX index stood out from the pack, failing to maintain gains earlier in the session to close 0.44 percent lower.However, shares in Paris and London were both higher. The CAC edged 0.04 percent higher, while the FTSE was up 1.06 percent.In keeping with recent volatility, European markets had rebounded in earlier trading comforted by a rise in oil prices after tumbling on Wednesday, then dipped, before finally reversing again.Analysts saw a mixed bag of factors clouding sentiment."The European markets find themselves trapped -- one day, it's oil, which brings them lower, the next day it's the banks, the day after it's the euro," analysts at Aurel BGC noted.Analyst Andrea Tueni, of Saxo Banque, said shares in companies that ...


Markets - Equity - Americas

TSX rises with commodity prices, led by energy, mining TORONTO: Canada's main stock index rose on Thursday as higher commodity prices helped lift energy and mining stocks, while railway stocks also saw strong gains.A weaker U.S. dollar helped drive commodity markets higher for a second day, which supported the resource-linked market.U.S. crude prices surged more than 2 percent and gold rose to a three-month high after expectations eased of a further rise in U.S. interest rates this year.The most influential movers on the index ...

Markets - Equity - Europe

European shares end down in choppy trade, led by Credit Suisse MILAN: European shares fell on Thursday as weak U.S. data fed concerns that the world's biggest economy may be slowing down, with export-oriented auto stocks leading the decline and Credit Suisse tumbling after reporting a full-year loss.Losses, however, were limited by a rally in commodities which lifted miners and oil sector stocks.U.S. non-farm productivity slumped in the fourth quarter and jobless claims rose more than expected, data showed. That put added pressure on the dollar, ...

Markets - Equity - Americas

Weaker dollar boosts commodities, lifts equities NEW YORK: Global equity markets rose on Thursday as diminished expectations of U.S. interest rate hikes this year pushed the dollar lower, which in turned boosted the prices of commodities.The dollar fell for a fourth day on the latest batch of soft U.S. data, while comments from a U.S. Federal Reserve policymaker on Wednesday were viewed as a sign further rate hikes could be delayed.Those comments were buttressed on Thursday by Robert Kaplan, the new ...

Markets - Equity - Europe

European shares slip with Wall Street, but London firm LONDON: European stocks were mostly weaker Thursday after a soft Wall Street opening, but shares in London rose after the Bank of England's latest economic forecast.At around 1445 GMT, London's benchmark FTSE 100 index stood out from the crowd at 0.57 percent higher, while Frankfurt shares were down 1.02 percent followed by Paris at 0.66 percent lower. European markets rebounded in earlier trading after tumbling on Wednesday, highlighting the recent volatility.Shares in the US were ...

Markets - Equity - Asia

Vietnam index ends 0.6pc higher, trade thin ahead of holiday HANOI: Vietnam's benchmark VN Index closed 0.57 percent higher on Thursday as rising global oil prices and better company earnings boosted sentiment, but trading was muted ahead of the Lunar New Year holiday.Dairy product maker Vinamilk rose 0.83 percent to close at a near one-month high, after it reported a 28-percent jump in net profit for 2015 on Wednesday.Oil prices rose as the US dollar slid on speculation the Federal Reserve might opt to not ...

Markets - Equity - Middle East & Africa

Saudi, Egypt up in early trade as oil rises DUBAI: Stock markets in Saudi Arabia and Egypt rose in early trade on Thursday as a second day of rising oil prices helped to revive risk appetite. Riyadh's index traded up 1.7 percent to slightly above 6,000 points, lifted by the petrochemical sector. Saudi Basic Industries, the largest petchem by market value, jumped 3.0 percent. However, strength in Saudi stocks late on Wednesday was accompanied by lower trading volumes, suggesting the index is still in ...