Tokyo stocks rose more than 1% on Thursday as investors welcomed the decline of the yen and the rise of oil prices after an unexpected agreement for OPEC to trim crude output.
The Nikkei stock index was up 1.4% at 16,699.18 at the end of the morning session. The Topix index rose 0.9%, to 1343.25 and the JPX-Nikkei Index 400…Read more
Saudi Arabia’s stock market fell sharply for a second straight day on Wednesday, leading the entire region down, in response to weak oil prices and austerity measures.
Saudi Arabia’s Tadawul All-Share Index (TASI), which had retreated 3.8 percent on Tuesday, sank a further 3.4 percent to 5,534 points, its lowest finish since Jan. 21.
TASI has tumbled 19.5 percent from…Read more
U.S. stocks opened higher Wednesday as Wall Street meditated on a better-than-expected economic report.
U.S. new orders for manufactured durable goods in August decreased 0.1 billion U.S. dollars and was virtually unchanged at 226.9 billion dollars, the Commerce Department said. Analysts had expected a 1.9 percent decline.
This decrease in new orders, which is down three of the last four…Read more
Tokyo stocks closed lower Wednesday as a firm yen against the US dollar dented investor sentiment compounded by financial sector issues taking a tumble and dragging the broader market down.
The 225-issue Nikkei Stock Average dropped 218.53 points, or 1.31%, from Tuesday to end the day at 16,465.40. The broader Topix index of all First Section issues on the Tokyo…Read more
Muscat Securities Market (MSM) general index (30) today lost (22.4) points, comprising a decline by (0.39%) to close at (5726.16) points, compared to the last session, which stood at (5748.61) points.
According to Oman News Agency (ONA), the trading value today stood at (RO 3,054,968), comprising a decline by (84.29%) compared to the last session, which stood at (RO 19,446,529).…Read more
Kuwait Stock Exchange (KSE) ended Wednesday's trading in the red zone. The price index was down 7.97 points to stand at 5,402.4 points, the weighted index was also down 1.4 points, and the KSX 15 index fell by 3.3 points, according to Kuwait News Agency (KUNA).
Value of trade was at KD 8.05 million while the volume was 74.7 million…Read more
The following are interbank rates of foreign currencies against the Pakistani rupee released by the National Bank of Pakistan on Wednesday:
Currency Buying Selling
U.S. dollar 104.30 104.50
British pound 135.66 135.92
euro 116.95 117.17
Canadian dollar 78.91 79.06
Japanese yen 1.0368 1.0388
Saudi riyal 27.80 27.85
Kuwait dinar 346.05 346.72
UAE dirham 28.40 28.45
Chinese yuan 15.63 15.66
Tokyo stocks closed lower Wednesday as a firm yen against the U.S. dollar dented investor sentiment compounded by financial sector issues taking a tumble and dragging the broader market down.
The 225-issue Nikkei Stock Average dropped 218.53 points, or 1.31 percent, from Tuesday to end the day at 16,465.40.
The broader Topix index of all First Section issues on the…Read more
China's Hushen 300 index futures closed mixed on Wednesday, with the contract for October 2016 up 0.09 percent to finish at 3,221.4 points.
The November 2016 contract closed flat at 3,189.6 points. The December 2016 contract was down 0.02 percent to finish at 3,164.8 points. The March 2017 contract went down 0.07 percent to finish at 3,095.4 points.
The stock-index…Read more