06252016Sat
Last update: Sat, 25 Jun 2016 07pm

Markets - Equity

Markets - Equity - Europe

Stocks rise, safe havens retreat as Brexit worries ebb LONDON: Global stocks rose sharply on Monday and sterling strengthened broadly while safe-havens including the yen and gold retreated, after polls showed support for Britain staying in the EU regaining momentum before Thursday's referendum.Sterling has been at the sharp end of worries Britons will vote to leave the European Union, and the easing of those concerns pushed the pound up 1.9 percent against the dollar - on track for its biggest daily gain since October 2009 - and more than 2 percent versus the yen. Share prices, which fell globally in recent days on prospects of Britain quitting the bloc as some polls showed the "Leave" campaign ahead, rose strongly. Wall Street looked set for a positive open, with index futures up 1.2-1.3 percent. The pan-European FTSEurofirst 300 index added 3.7 percent, led by a 4.5 percent rise in banks, while Britain's blue-chip FTSE 100 index chalked up a 3.2 ...


Markets - Equity - Asia

World stocks up as Britain leans towards EU remain vote HONG KONG: Asia led a rally in global markets Monday, building on gains at the end of last week as polls suggest Britain's upcoming referendum will result in the country staying in the European Union.The average of the last six British European Union referendum polls put the Remain and Leave camps neck-and-neck at 50-50, excluding undecided voters, according to the What UK Thinks website. Markets across Asia and Europe slid early last week as polls ...

Markets - Equity - Europe

Stocks gain, safe havens retreat as Brexit worries ebb LONDON: Global stocks rose on Monday and sterling strengthened broadly while safe-havens including the yen and gold retreated, after polls showed support for Britain staying in the EU regaining momentum before Thursday's referendum.Sterling has been at the sharp end of worries Britons will vote to leave the European Union, and the slightly diminished Brexit fears pushed the pound up 1.5 percent against the dollar and more than 2 percent versus the yen.Share prices, which fell ...

Markets - Equity - Europe

Britain's FTSE rallies as EU membership 'Remain' camp regains ground LONDON: UK shares paced by banks and housebuilding rose on Monday, boosted by polls suggesting the campaign for Britain to remain in the European Union was regaining a narrow edge over the "Out" camp.Britain's blue chip FTSE 100 index rose 2 percent to 6,138.78 points by 0809 GMT, extending Friday's 1.2 percent gain.Two opinion polls published on Saturday showed that the campaign to keep Britain in the European Union ahead of its June 23 referendum ...

Markets - Equity - Asia

Hong Kong stocks close 1.69 percent up HONG KONG: Hong Kong stocks ended 1.69 percent up in their best performance in two weeks, following speculation Britain will vote to remain in the European Union.The Hang Seng Index gained 340.22 points to end at 20,510.2.Markets in mainland China were more subdued, with the benchmark Shanghai Composite Index edging up 0.13 percent, or 3.70 points, to 2,888.81 on a day of gains and losses.The Shenzhen Composite Index, which tracks stocks on China's second exchange, ...

Markets - Equity - Asia

China stocks flat on domestic concerns as other Asian markets rise SHANGHAI: China's main stock indexes were flat on Monday, bucking the upward trend in Asian markets, as sentiment was subdued amid concerns of yuan depreciation and a fresh regulatory crackdown on speculative trading.Both the blue-chip CSI300 index and the Shanghai Composite Index rose just 0.1 percent, to 3,112.67 points and 2,888.59 points, respectively.On Monday, other Asian markets had solid gains on hopes Britain will decide to remain in the European Union.Last week, U.S. publisher MSCI ...

Markets - Equity - Europe

Banks lead European shares higher as Brexit fears wane slightly LONDON: European shares rallied on Monday with the beaten down banking sector leading as renewed hope that Britain would to vote to stay in the EU spurred investors bank into risky assets.The pan-European STOXX 600 and FTSEurofirst 300 indexes both rose nearly 3 percent. They are still down about 10 percent for 2016.The STOXX 600 was poised for its biggest one-day percentage gain since mid-February with only 4 stocks in the index in the red ...