Global Stock Market

World shares rose on Monday, led by sharp gains in energy shares. Traders seized the opportunity of crude oil prices soaring to three-year highs of almost USD 80 per barrel.European stocks firmed after Germany’s election results have indicated potential chances of forming left-wing coalition. German shares jumped 1.1 per cent, …

Speaking to Dubai TV on Monday, Mohamed Hashad, Director of Research and Development at Noor Capital, discussed the current situation across global markets, with anticipation for a number of developments over the course of the week. Fed The recent Federal Reserve decision was one of the most prominent headlines on …

Japanese stocks closed slightly lower Monday, September 27, giving up early gains, led by cyclical stocks, as investors booked profits after a sharp rally this month, while caution also prevailed ahead of a change in the country’s political leadership. Nikkei fell by 0.03% to close at 30240.06 points, after rising …

European shares fell at the open, as concerns persisted over troubled Chinese real estate developer Evergrande, and China-exposed mining and retail stocks were among the biggest losers. The pan-European Stoxx 600 index fell 0.5%, after three days of gains. Mining, auto and retail stocks fell more than 1 percent. Investors …

Japan’s shares jumped, in the last sessions of the week, supported by shares related to the economic cycle, due to hopes of achieving economic recovery, while investors expressed optimism that the repercussions of the debt crisis of China’s Evergrande Group would not affect the rest of the markets. The Nikkei …

On Thursday, the GBP/JPY reached a new four day high at 151.48 as market sentiment ended mixed, and it could weigh on the British pound. The cross-currency declined to a daily low of 149.53, but as the European session began and the Bank of England released its monetary policy statement, …

European shares rose for the third day in a row as global sentiment improved after concerns over the financially crippled Chinese real estate developer Evergrande eased, while investors awaited the latest batch of market surveys. The pan-European Stoxx 600 index rose 0.6 percent, on track to post strong gains at …

The Bank of Japan left its key short-term interest rate unchanged at -0.1%, and kept the target for the 10-year government bond yield at around 0% during its September meeting with an 8-1 vote, as expected. However, policymakers’ outlook came bleak on exports and factory production amid supply chain turmoil …

European shares rose on Wednesday, recovering from early-week losses after debt-laden China’s Evergrande said it would make some interest payments, while travel and leisure shares jumped to a 14-week high. Frankfurt-listed Evergrande shares jumped 15.1 percent after hitting multi-year lows in the previous session. The real estate developer said it …

The Nikkei hit a more than two-week low on Wednesday, September 22nd, as investors cautiously looked to the outcome of the US Federal Reserve meeting for more indications on when to end stimulus and raise interest rates. The benchmark index closed down 0.67% at 29639.40 points, while the broader TOPIX …