Singapore shares closed 0.6 percent higher on Monday, after better-than-expected U.S. jobs and factory numbers pushed U.S. stocks higher last Friday.
U.S. nonfarm payrolls increased 215,000 and above market expectations while average hourly earnings rose seven cents, recovering from a slip in February. The unemployment rate rose to 5.0 percent from an eight-year low of 4.9 percent, though that was…Read more
Industrial producer prices in the eurozone fell by 0.7 percent and by 0.6 percent in the European Union (EU) in February compared with the previous month, the EU's statistics agency said on Monday.
In January 2016, the prices decreased by 1.1 percent in both zones.
On a yearly basis, the industrial producer prices fell by 4.2 percent in both the…Read more
Gold futures on the COMEX division of the New York Mercantile Exchange fell slightly on Monday as traders awaited the release of the Fed minutes.
The most active gold contract for June delivery fell 4.2 U.S. dollars, or 0.34 percent, to settle at 1,219.30 dollars per ounce.
Analysts noted a fall in the price of the precious metal ahead of…Read more
The Egyptian global depository receipts (GDRs) traded on London Stock Exchange showed mixed performance at the close of Monday's trading.
The GDRs of the Commercial International Bank (CIB) and Orascom Telecom rose by 1.27 and 8.20 percent respectively.
The GDRs of Edita Food Industries went down by 0.31 percent.
The GDRs of EFG Hermes remained unchanged at 1.90 dollars.Read more
The Egyptian Exchange (EGX) indexes closed up Monday backed by share purchases by local and foreign investment institutions and mutual funds with reports surfacing that the acquisition crisis of CI Capital, the investment arm of the Commercial International Bank (CIB), is coming to an end.
The market capital achieved gains worth EGP 1.6 billion to reach EGP 407.4 billion, after…Read more
US stocks rose on Friday after better-than-expected US jobs and factory survey data.
Nonfarm payrolls increased 215,000 and the unemployment rate rose to 5.0 percent from an eight-year low of 4.9 percent, the US Labor Department said. The jobless rate rose as more people continued to seek work, a sign of confidence in the jobs market.
The S&P 500 .SPX…Read more
The US dollar changed hands at the upper 111 yen level early Monday in Tokyo.
At 9 a.m., the dollar was quoted at 111.69-70 yen compared with 111.67-77 yen in New York and 112.27-29 yen in Tokyo at 5 p.m. Friday.
The euro fetched 1.1395-1396 dollars and 127.28-29 yen against 1.1378-1388 dollars and 127.12-22 yen in New York and 1.1382-1384…Read more
The Australian share market opened flat on Monday.
At 10:10 a.m. local time (AEST), the benchmark S&P/ASX200 index was up just 2 points, or 0.04 percent, at 5,001.4, while the broader All Ordinaries index was up 2.3 points, or also 0.04 percent, at 5,076.1.
While U.S. influences have been the main driver of Australian markets of late, the focus returns…Read more
Tokyo shares opened the trading Monday slight lower on the yen's advance which dragged down the export related issues.
At 9:15 a.m., the 225-issue Nikkei Stock Average edged down 62.23 points, or 0.38 percent, from Friday to 16,101.93.
The broader Topix index of all First Section issues on the Tokyo Stock Exchange was down 1.83 points, or 0.14 percent, at…Read more
Lock-up shares worth about 8.02 billion yuan (1.23 billion U.S. dollars) will become eligible for trade on China's stock market in the coming week.
The value is smaller than the previous week's 25.6 billion yuan.
Over 544 million shares from 10 companies will become tradable on the Shanghai and Shenzhen stock exchanges from Monday to Friday, according to brokerage Southwest…Read more