02122016Fri
Last update: Fri, 12 Feb 2016 05pm

Markets - Equity

Markets - Equity - Asia

Hong Kong stocks rally as oil surges HONG KONG: The energy sector led a rally in Hong Kong stocks Thursday as oil prices surged while speculation has also increased that recent global volatility will prevent the US from lifting interest rates again this year.The Hang Seng Index rose 1.01 percent, or 191.50 points, to close at 19,183.09.And in Shanghai the benchmark composite index gained 1.52 percent, or 41.77 points, to 2,781.02, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, advanced 1.95 percent, or 33.87 points, to 1,771.07.Copyright AFP (Agence France-Presse), 2016


Markets - Equity - Europe

European stock markets rebound at open LONDON: Europe's main stock markets rallied at the start of trading on Thursday, rebounding from heavy falls the previous session as world equities extend a run of volatility.London's FTSE 100 benchmark index jumped 1.5 percent to 5,925.6 points compared with Wednesday's close.In the eurozone, Frankfurt's DAX 30 index rose 0.9 percent to 9,522.7 points and the Paris CAC 40 won 1.2 percent to 4,276.2.Copyright AFP (Agence France-Presse), 2016

Markets - Equity - Asia

Asia markets rally, oil extends gains as dollar eases HONG KONG: Oil extended the previous day's rally and Asian stocks surged Thursday while the dollar held most of its losses as the turmoil on global markets lowers expectations the US will hike interest rates again this year.Energy firms, for so long beaten down by the collapse in commodities, led gains as fresh hopes for talks between Russia and OPEC on cutting output lit a fire under crude prices.The gains are the latest in a ...

Markets - Equity - Asia

Most Asia markets rally, oil extends gains as dollar eases HONG KONG: Oil extended the previous day's rally and Asian stocks surged Thursday while the dollar held its losses as the turmoil on global markets lowers expectations the US will hike interest rates again this year.Energy firms, for so long beaten down by the collapse in commodities, led gains as fresh hopes for talks between Russia and OPEC on cutting output lit a fire under crude prices.The gains are the latest in a volatile cycle ...

Markets - Equity - Asia

Tokyo stocks down by break as stronger yen dents exporters TOKYO: Tokyo stocks ended lower Thursday as a stronger yen dented exporters while Panasonic and Hitachi were hit after warning China's growth slowdown was weighing on their financial results.However, energy firms were among the few gainers after oil prices surged on the back of a weaker dollar and hopes for talks to cut production.The greenback tumbled Wednesday as a disappointing US services sector report raised concerns about the impact of recent global gyrations in the ...

Markets - Equity - Asia

Hong Kong, Shanghai stocks end morning on a high HONG KONG: Hong Kong stocks rallied in the morning session Thursday, tracking gains in New York as expectations the US will hike interest rates again faded and a surge in oil prices boosted energy firms.The Hang Seng Index rose 1.49 percent, or 282.88 points, to 19,274.47 by the break.And the benchmark Shanghai Composite Index gained 1.06 percent, or 28.90 points, to 2,768.15, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, added ...

Markets - Equity - Americas

NEW YORK: Energy and industrial names surged Wednesday with rising oil prices, but the Nasdaq finished lower as Google parent Alphabet and some other leading technology names retreated.The Dow Jones Industrial Average jumped 183.12 points (1.13 percent) to 16,336.66.The broad-based S&P 500 rose 9.50 (0.50 percent) to 1,912.53, while the tech-rich Nasdaq Composite Index fell 12.71 (0.28 percent) to 4,504.24.On the Dow, ExxonMobil jumped 5.2 percent while Caterpillar climbed 4.3 percent as oil prices rallied ...