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Archive for the January 5, 2017

    • News Desk
    • Jan 5th, 2017
    • Comments Off on Wednesday’s early trade: stocks extend gains; Ford, GM rise

    Wall Street extended its gains into the second trading day of the new year, supported by consumer discretionary stocks, as investors awaited minutes of the Federal Reserve's December meeting where it raised interest rates. The

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    • News Desk
    • Jan 5th, 2017
    • Comments Off on Wall Street extends rally in sharp New Year’s rise

    Wall Street rose sharply on Tuesday as a post-election rally extended into the new year, helped by gains in Verizon Communications and technology companies Alphabet and Facebook. US stocks have surged over the past two

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    • News Desk
    • Jan 5th, 2017
    • Comments Off on Egypt bourse hits record high as Palm Hills surges, Saudi index lags

    Stock markets in the Middle East where foreign funds are most active outperformed for a second straight day on Wednesday, with Egypt's index hitting a record high while Saudi Arabia was dragged lower by profit-taking.

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  • Hong Kong stocks ended slightly lower on Wednesday, snapping a four-session winning streak, as a stronger US dollar added to worries about capital outflows from emerging markets. The Hang Seng index closed down 0.1 percent

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  • US Treasury debt yields were mostly higher on Tuesday after three days of losses, supported by positive US data and upbeat economic reports from China and Europe. Bond prices, which move inversely to yields, trimmed

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  • US Treasury debt yields were mostly higher on Tuesday after three days of losses, supported by positive US data and upbeat economic reports from China and Europe. Bond prices, which move inversely to yields, trimmed

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    • News Desk
    • Jan 5th, 2017
    • Comments Off on Sri Lankan shares near nine-month low

    Sri Lankan shares fell for a fourth straight session on Wednesday, to end at a near nine-month low, as investors sold large-cap shares on fears that continued foreign selling in John Keells Holdings could dampen

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  • China stocks rallied across the board on Wednesday, extending Tuesday's gains, as improving liquidity in money markets and moderating interest rates lifted market sentiment. The bluechip CSI300 index rose 0.8 percent to 3,368.31 points, while

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    • News Desk
    • Jan 5th, 2017
    • Comments Off on European shares pull back from one-year high

    European shares edged down from a one-year high on Wednesday, with retailers in focus after standout faller Next cut its profit guidance and cautioned on future trade. The STOXX 600 was down 0.2 percent, pulling

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  • Indian shares ended flat on Wednesday as positive sentiment from upbeat global economic data was offset by caution ahead of corporate results starting later this month and the government's annual budget in early February. The

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