Search Results for: Stocks
Middle Eastern Stocks Rally Led by Oman After Oil-Price Rebound
August 31st, 2015
Muscat’s MSM30 Index advanced the most since January Brent crude capped the best week since 2009 on Friday Omani stocks led a rally in most equity markets across the Middle East after oil prices had the biggest-weekly jump in ...
U.S. Stocks Come Charging Back
August 27th, 2015
Six-day losing streak ends as Fed official calls case for September rate increase ‘less compelling’ Stocks snapped a six-day losing streak Wednesday, soaring by the highest percentage in nearly four years amid signs of strength in the U.S. economy ...
Gold coasts along as stocks perk up, possible Fed hike delay supports
August 27th, 2015
Gold in tight range after three-day slide Fed’s Dudley says Sept rate rise “less compelling” Coming up: U.S. Q2 GDP second estimate at 1230 GMT (Adds analysts’ comments, updates prices) Gold steadied on Thursday after suffering its biggest fall ...
China stocks slip as rate cut fails to convince investors
August 26th, 2015
China‘s turbulent stock markets slipped again on Wednesday, as a double-barrelled blast of central bank stimulus failed to convince investors of Beijing’s ability to jolt the world’s second biggest economy out of its slowdown. After watching share prices tumble ...
Mideast Stocks Fall as Saudi Arabia Mulls Budget Cut on Oil Drop
August 26th, 2015
Dubai’s benchmark gauge is biggest decliner in region Brent crude has dropped almost 60 percent in 12 months Most Middle Eastern stock markets declined amid mounting concern the region’s largest economy will cut spending after oil prices slumped to the ...
UAE stocks get off lightly as global rout persists
August 25th, 2015
UAE investors helped local equities escape relatively unscathed yesterday, even as plummeting Chinese stocks and additional pressure on oil prices provoked a further global sell-off of shares. China’s Shanghai Composite plunged 8.4 per cent yesterday, despite a move by ...
Greek stocks nosedive amid China jittters
August 25th, 2015
The Athens Stock Exchange experienced one of its worst days in the last few years on Monday, when the general index plummeted 10.54 percent to land at 558.38 points. The sudden fall came amid concern about the impending snap ...
China stocks slump again in absence of government support; Hong Kong rebounds
August 25th, 2015
China stocks slumped about 4 percent on Tuesday, touching eight-month lows, as investors dumped shares after a grim “Black Monday” that battered global markets but failed to prompt fresh rescue measures from Beijing. After opening 6.4 percent lower, the ...
China’s Stocks Sink Most Since 2007 as State Intervention Fails
August 24th, 2015
China’s stocks plunged the most since 2007 as government support measures failed to allay investor concern that a slowdown in the world’s second-largest economy is deepening. The Shanghai Composite Index tumbled 8.5 percent to 3,209.91 at the close to ...
Global Selloff Deepens as Stocks Sink With Oil
August 24th, 2015
Equity investors took flight across Asia, sending the region’s benchmark stock gauge toward a bear market and Chinese stocks plunging by the most since 2007 as U.S. futures tumbled. Ten-year Treasury yields dropped below 2 percent. China’s Shanghai Composite ...