The majority of Gulf stock markets closed the day higher on Sunday. Crude prices, a major driver for the Gulf’s financial markets, rose 2.5 percent. Egypt’s blue-chip index is trading at close to its lowest level in almost six years outside of the Gulf. In response to Friday’s gains for oil prices and global shares … Read more
The FTSE All World index of developed and emerging market equities lost 0.3% on Friday afternoon in London. Europe’s regional Stoxx 600 fell 0.5% after data on eurozone consumer prices that exceeded estimates strengthened hopes that the European Central Bank would hike interest rates. US stocks, which set the tone for global trading, have not … Read more
KARACHI: The equity market closed in the green zone on Thursday, despite low investors’ sentiment, which was observed on the back of rollover week. In addition, the investors hesitated to take new positions, as they are waiting for the outcome of the Financial Action Task Force (FATF) meeting, which is to be announced on Friday. … Read more
