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Archive of Financial Markets

  • Gold prices gain for second day as dollar weakens

    Gold prices gain for second day as dollar weakens

    Gold reversed early losses on Thursday as the U.S. dollar languished at seven-week lows, with traders covering short positions in the precious metal. ...
    Financial Markets
  • Gold falls below $1,300 as economic data hurts

    Gold falls below $1,300 as economic data hurts

    Gold fell around 1 percent on Tuesday as data indicating economic growth on both sides of the Atlantic dented its appeal as a safe haven, while a ...
    Financial Markets
  • Gold adds to strong monthly gains, stimulus outlook eyed

    Gold adds to strong monthly gains, stimulus outlook eyed

    Gold gained on Wednesday as the metal’s strong performance in July prompted some month-end buying from funds, as traders awaited further clarity ...
    Financial Markets
  • Saudi market traders liquidate 30 percent of equities ahead of Eid break

    Saudi market traders liquidate 30 percent of equities ahead of Eid break

    Traders in the Saudi stock exchange are set to liquidate 30 percent of their equities ahead of the Eid break over concerns of geopolitical events in ...
    Financial Markets
  • Egypt stocks open 1.5% higher, extend post-Mursi rally

    Egypt stocks open 1.5% higher, extend post-Mursi rally

    Egypt’s stock market opened higher on Sunday as some investors continued to cheer the ouster of President Mohamed Mursi, despite fresh political ...
    Financial Markets
  • Egypt bourse suspends trade after shares leap 6.4%

    Egypt bourse suspends trade after shares leap 6.4%

    The Egyptian stock market suspended trading minutes after the opening on Thursday, after the main index leapt 6.4 percent on hopes for economic and ...
    Financial Markets
  • No quick fix to Egypt’s economy despite share rally, experts say

    No quick fix to Egypt’s economy despite share rally, experts say

    Egypt’s grave economic problems will take time to address, experts said, despite positive signals from this morning’s share rally prompted ...
    Financial Markets
  • Borsa Istanbul and Nasdaq OMX in strategic partnership

    Borsa Istanbul and Nasdaq OMX in strategic partnership

    Nasdaq OMX Group and Borsa Istanbul have signed a partnership deal under which the U.S.-based financial services company will provide exchange ...
    Financial Markets
  • Egypt shares riskier after violence but foreigners may bargain-hunt

    Egypt shares riskier after violence but foreigners may bargain-hunt

    Trading in Egypt’s stock market looks set to shrink further after the massive street protests and violence in the past two days, but any further ...
    Financial Markets
  • Doha market traders say gold sales on the rise

    Doha market traders say gold sales on the rise

    As the holiday and wedding season kicks off around the Middle East, Doha’s market traders said they have been witnessing a substantial increase ...
    Financial Markets
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