Arab Today, arab today Kuwait Stocks Close On Mixed Board
Kuwait - QNA
The Kuwait Stock Exchange (KSE) closed on Thursday on mixed boards as the Price Index went up by 4.4 points to 5,410 points, while the Weighted Index and KSX 15 Index fell by .07 and 3.39 points respectively, Kuwait News Agency (KUNA) reported.  The value of traded stocks amounted to KD 6.57 million, while the volume of traded shares hit…Read more
Arab Today, arab today Aluminum touches month high
London - Arab Today
Aluminum climbed to the highest levels in a month on Wednesday, bolstered by buying from industrial consumers, while copper got a boost from a weaker dollar and strong Chinese imports. Three-month aluminum on the London Metal Exchange rose 2.8 percent to $1,607 a ton in official trading, the strongest since May 6, building on a rise of 0.7 percent on…Read more
Arab Today, arab today Tokyo stocks open lower as machinery orders data misses expectations
Tokyo - Xinhua
- Tokyo stocks retreated after the morning bell Thursday as April's machinery orders data coming in some way below par dented investor sentiment. As of 9:15 a.m., the 225-issue Nikkei Stock Average relinquished 68.55 points, or 0.41 percent, from Wednesday to 16,762.37. The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, declined down 5.33…Read more
Arab Today, arab today South Korea cuts policy rate from 1.5 % to 1.25 %
Seoul - Xinhua
- South Korea's central bank unexpectedly cut its policy rate by 25 basis points to 1.25 percent on Thursday, a day after the announcement to create 11 trillion-won (9.5 billion U.S. dollars) funds, mainly covered by the bank, to help restructuring shipping and shipbuilding industries. The rate cut, the first in 12 months, was an unexpected decision as most of…Read more
Arab Today, arab today US. stocks open higher on oil prices
Newyork - Xinhua
U.S. stocks opened higher on Wednesday, as investors shifted their focus from a possible interest rate hike to a rally in oil prices. Oil prices extended recent gains to trade more than 1 percent higher on Wednesday. Both Brent and WTI held strong above 50 U.S. dollars a barrel in early session trading, helped by a larger-than-expected U.S. crude stockpile…Read more
Arab Today, arab today U.S. stocks mostly higher amid oil prices hike
Newyork - Xinhua
- U.S. stocks traded mostly higher in the morning session on Wednesday, as investors shifted their focus from a possible interest rate hike to gains in oil prices. By noon, the Dow Jones Industrial Average rose 30.51 points, or 0.17 percent, to 17,968.79. The S&P 500 gained 1.85 points, or 0.09 percent, to 2,113.98. The Nasdaq Composite Index ticked up…Read more
Arab Today, arab today Bahrain Stock Index Closes at 1,116.02 Points
Manama - QNA
 Bahrain All Share Index has closed at 1,116.02 points marking a decrease of 0.36 points below the previous closing. This decrease was due to the fall in the Commercial Banks Sector, according to Bahrain News Agency.     Results indicated that 16equity transactions took place with a volume of 234,738 worth BD 47,932. Investors traded mainly in the Commercial Banks Sector…Read more
Arab Today, arab today Mixed performance at EGX, main index up 0.81%
Cairo - MENA
The Egyptian Exchange (EGX) showed mixed performance Wednesday on the back of relatively high activity of leading shares and profit-taking operations on SME shares. Market capital gained 2.2 billion pounds to reach 409.5 billion pounds. The EGX 30 benchmark index increased by 0.81 percent to close at 7,780.13 points. The EGX 100 index also upped by 0.11 percent to close…Read more
Arab Today, arab today Kenya to borrow 300 milion dollar from domestic market
Nairobi - Xinhua
 Kenya is seeking to borrow 300 million U.S. dollars from the domestic market in its latest sale of Treasury bonds. The Central Bank of Kenya (CBK) said on Wednesday that the money to be raised in about 10 days, and will help fund the country's 2.3 billion U.S. dollar budget, the largest ever, which is to be unveiled today in…Read more
Arab Today, arab today Chinese Yuan strengthens to 6.5593 against USD Wednesday
Beijing - QNA
The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 25 basis points to 6.5593 against the US dollar Wednesday, according to the China Foreign Exchange Trading System.     In China's spot foreign exchange market, the yuan is allowed to rise or fall by 2% from the central parity rate each trading day, according to China's (Xinhua)…Read more
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