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Stock markets

Markets mostly up before Fed, Biden

Markets mostly up before Fed, Biden

  • The Dow Jones was off 0.3 percent in early trading despite a strong rise for Google parent Alphabet, which added 5.7 percent on surging ad sales.
Published 28 Apr, 2021 07:35pm
Most major Gulf markets gain as financials rise
Markets

Most major Gulf markets gain as financials rise

  • On Sunday, the lender reported its first quarter net profit of 3.3 billion riyals ($906.22 million), down by 7% from a year earlier as it booked 1.4 billion riyals in "precautionary" loan-loss provisions.
Published 12 Apr, 2021 01:43pm
Stocks hesitate but Toshiba news boosts London
Markets

Stocks hesitate but Toshiba news boosts London

  • Elsewhere, JPMorgan Chase gained 1.6 percent after Chief Executive Jamie Dimon predicted the US economy would see a "likely boom," potentially through 2023, following a flood of fiscal support.
Published 08 Apr, 2021 10:33am
Shares and dollar rise as world's costliest traffic jam builds
Markets

Shares and dollar rise as world's costliest traffic jam builds

  • Economic optimism countered by worries about China-US tensions.
  • Euro/dollar lowest since Nov on divergent COVID outlooks.
  • Oil settles as efforts to refloat beached Suez tanker continue.
  • Turkey's lira set for worst week since 2018 after cbank sacking.
Published 26 Mar, 2021 08:10pm
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
Most Gulf markets surge
Markets

Most Gulf markets surge

DUBAI: Most stock markets in the Gulf ended higher on Tuesday, mirroring global equities, with Saudi Arabia ...
Published 10 Feb, 2021 04:12am
Oil on the boil, with stocks and bonds on the backfoot
Markets

Oil on the boil, with stocks and bonds on the backfoot

  • World shares drop after 3-day gains, retail frenzy slows
  • Oil at 1-year high on OPEC+ output cut
  • Benchmark bond yields rising, curves steepening
  • Volatility index falls to regular levels
  • Stealth China policy tightening in focus
Published 04 Feb, 2021 08:12pm
Polish assets gain as CEE stocks, FX mostly ease
Markets

Polish assets gain as CEE stocks, FX mostly ease

  • Czech bond yields dipped from new highs as markets priced in budget news before the finance ministry announces 2020 deficit figures on Tuesday.
  • The theme of lockdowns in Europe appeared again and it weighed on clothing retailers but today they are bouncing back.
Published 05 Jan, 2021 04:37pm