Sunday, September 20, 2020

Most Gulf bourses fall; Saudi index up

DUBAI: Most major stock markets in the Gulf ended lower on Wednesday, pressured by losses in financial shares, although the Saudi index bucked the...

Record shattering Karachi rains to take toll on Pakistan’s exports

The record-shattering rains in Karachi could affect the country’s exports for the month of August owing to delay in export consignments, said Advisor to...

S&P, Nasdaq close at new highs as Wall Street rides bull momentum

NEW YORK: The S&P 500 and the Nasdaq reached new record closing highs on Monday as optimism over potential medical advances in the war...

Stock futures lower on recession worries

NEW YORK: U.S. stock index futures fell on Wednesday after moves in the U.S. bond market returned investors to worrying about the risk of...

Stock futures edge higher as retail earnings push consumer confidence

NEW YORK: U.S. stock index futures stabilized on Thursday as strong results from retailers bolstered confidence in consumer demand, while investors look ahead to...

Pakistan stocks slide below 30,000 level

KARACHI: The benchmark KSE-100 index extended losses dipping 539 points (1.8 per cent) to close at 29,783, falling below the psychological level of 30,000. The...

Futures slip after Wall Street’s best day in two months

NEW YORK: U.S. stocks futures slipped on Friday, a day after Wall Street roared back to record its biggest one-day rise in two months,...

SWIFT expanding presence in China

LONDON: SWIFT, the global financial messaging service platform, is accelerating its localization in China given the backdrop of increasing Chinese financial market liberalization, its...

UAE equities attractive on low valuations

DUBAI: Investors waiting for the right moment to invest in the UAE markets need not wait any longer, as several key catalysts such as...

Bank stocks decline after Trump’s tariff threat

NEW YORK: Bank stocks fell sharply after President Trump’s latest tariff threat sent U.S. Treasury yields tumbling and raised new questions about the outlook...

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