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Business Recorder Logo
May 09, 2021 PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Global stock markets

World equities drift on eve of Fed rate call

World equities drift on eve of Fed rate call

  • The price of copper hit a decade-high close to $10,000 per-ton, largely on strong Chinese demand and tight supplies of the metal used in popular electric wiring amid worries of a strike action in the world's biggest producer Chile.
Published 28 Apr, 2021 10:29am
Stocks slip off record highs ahead of earnings, US data
Markets

Stocks slip off record highs ahead of earnings, US data

  • MSCI's All Country World Index, which tracks stocks across 49 countries, was down 0.14% after the start of European trading, off Friday's record high. The gauge's price-to-earnings ratio is at its highest level since early 2010.
  • Morgan Stanley noted that despite the S&P 500 making all-time highs, small-cap stocks represented by the Russell 2000 small-cap index have underperformed the S&P 500 by 8% since peaking on March 12.
Published 12 Apr, 2021 05:42pm
Stocks gain as investors look past US hedge fund default
Markets

Stocks gain as investors look past US hedge fund default

*European stocks opened higher with the regional STOXX 600 index up 0.4% by 1100 GMT. Britain's FTSE 100 was up 0.2%, Germany's DAX 0.6%, Italy's FTSE MIB rose 0.3%, and France's CAC 40 rose 0.5%. * MSCI's All Country World Index, which tracks stocks across 49 countries, traded flat.
Published 30 Mar, 2021 05:36pm
Copper prices surge
Markets

Copper prices surge

LONDON: Copper prices rose on Wednesday as traders hoped a pullback from 10-year highs had run its course and the...
Published 11 Mar, 2021 05:25am
Sri Lankan shares fall with world markets; cenbank holds rates
Markets

Sri Lankan shares fall with world markets; cenbank holds rates

  • The benchmark stock index dropped 2.7% to 7,002.04, its lowest since Jan. 6. With Thursday's fourth straight of losses, the index is now well below a record high of 9,025 hit in late January, and is just up around 3% for the year.
  • The MSCI's ex-Japan Asian-Pacific shares lost 1.8% and other stock markets dipped after 10-year US Treasury yield, the benchmark for global borrowing costs, rose past 1.45% on Wednesday.
Updated 04 Mar, 2021 09:51pm
Global markets buoyant as US stimulus debate approaches
Markets

Global markets buoyant as US stimulus debate approaches

  • MSCI world shares index up 0.4%.
  • GameStop's Frankfurt-listed shares down 36.5%.
  • Silver tumbles further from eight-year high.
  • Biden for negotiations with Republicans on stimulus.
  • Euro at seven-week lows on economic outlook.
Updated 02 Feb, 2021 07:34pm