Muscat Securities Market (MSM) general index (30) today lost (30.6) points, comprising a decline by (0.55%) to close at (5562.31) points, compared to the last session, which stood at (5592.88) points, Oman News Agency (ONA) reported.
The trading value today stood at (RO 3,747,762), comprising a rise by (66.69%) compared to the last session, which stood at (RO 2,248,312).…Read more
US Stocks rose Wednesday as shares of energy companies climbed with the price of oil and earnings reports offered fresh signs of profitability at banks.
US oil prices reached their highest level in more than a year after another week of falling stockpiles indicated that a longstanding glut could be waning. Meanwhile, better-than-expected results from Morgan Stanley and Halliburton…Read more
The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 15 basis points to 6.7311 against the US dollar Thursday, (Xinhua) news agency reported citing 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.
Japan's stocks rose to a near six-month high on Thursday taking cues from rising US stocks, as investors priced in the outcome of the final US presidential election debate.
The Nikkei rose 1.4% to 17,235.50, the highest closing level since April 27. The broader Topix gained 1.0% to 1,370.80 and the JPX-Nikkei Index 400 advanced 1.0% to 12,269.41. Read more
Saudi Basic Industries (SABIC) helped lift Riyadh’s stock market after it reported a third-quarter net profit at the top end of forecasts.
Tadawul All-Share Index rebounded 1.1 percent, ending three days of declines and trimming its loss since Sunday to 3.0 percent.
SABIC, the Gulf’s largest petrochemical producer, climbed 1.8 percent to SR84.00 after posting a net profit of SR5.22…Read more
The Egyptian global depository receipts (GDRs) traded on London Stock Exchange (LSE) showed mixed performance at the close of Wednesday's trading.
The GDRs of the Commercial International Bank (CIB) and EFG Hermes dropped by 0.12 and 0.02 percent to 4.24 dollars and 1.82 dollars respectively.
The GDRs of the Edita Food Industries and Orascom Telecom remained unchanged at 6.79 and…Read more
US stocks closed higher Tuesday on better-than-expected corporate results which lifted the S&P 500 to its biggest advance since September.
The Dow Jones Industrial Average rose 75.54 points, or 0.4%, to 18161.94. The S&P 500 gained 13.10, or 0.6%, to 2139.60. The Nasdaq Composite rose 44.01, or 0.8%, 5243.84. Read more
The central parity rate of the Chinese currency renminbi, or the yuan, weakened 23 basis points to 6.7326 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
Japan's stocks rose for a fourth day on Wednesday, taking cues from a bounce in Wall Street shares, while Sharp Corp jumped 11% after saying it expects significant improvement in annual profit.
The Nikkei ended 0.2% higher at 16,998.91. The broader Topix gained 0.1% to 1,357.20 and the JPX-Nikkei Index 400 added 0.1% to 12,145.36. Another individual stock in…Read more
Several disappointing third-quarter results from large Saudi Arabian companies dragged on the kingdom’s stock index on Tuesday, while most other Gulf markets edged up in modest trade. Egypt pulled back in falling volumes.
Riyadh’s index fell 1.9 percent, with selling momentum intensifying in the final hour. Saudi Arabian Mining Co. (Maaden) fell 1.8 percent after it posted a 4.6 percent…Read more