by Asharq Al-Awsat English | Nov 7, 2016 | Business
European shares rallied on Monday, underpinned by stronger banking stocks, as news that Hillary Clinton would not face charges over her use of emails gave her bid for the White House fresh momentum just before the Nov. 8 vote. The pan-European STOXX 600 closed up 1.5...
by Asharq Al-Awsat English | Oct 19, 2016 | Business
A rise in energy and financial stocks pushed Wall Street higher on Wednesday, but a drop in consumer staples and Intel limited gains, especially on the Nasdaq.Intel tumbled nearly 6 percent and was the biggest drag on all three indexes, after the chipmaker’s...
by Asharq Al-Awsat English | Jul 6, 2016 | Business
Britain’s blue-chip share index fell on Wednesday, with a sharp sell-off in retail and property-related stocks outpacing a rally in precious metals miners after prices of safe-haven gold hit a two-year peak. The FTSE 100 fell 0.5 percent by 0846 GMT. The...
by Shuja Al-Baqmi | Jun 27, 2016 | Business
Riyadh- Saudi Stock made it through the Sunday session digesting Brexit aftermath. Stock market indices closed down on a minor 72-points loss, after experiencing a previous misfortunate 300-point plunge. All sectors of banking, petrochemicals, cement and communication...
by Asharq Al-Awsat English | Jun 24, 2016 | Business
A British vote to leave the European Union braced markets for one of their most unstable days on Friday, with sterling hitting a 31-year low in its biggest fall in history. Such a body blow to global confidence reflects a widespread alarm in the financial community...
