stocks Archives - WallStreetReview

MIDEAST STOCKS Most major Gulf markets rise in early trade; Qatar dips

May 17, 2021 WallStreetReview

An electronic board displaying data is seen at the Doha Stock Exchange in Doha, Qatar January 6, 2021. REUTERS/Ibraheem Al OmariMost major stock markets in the Gulf rose in early trade on Monday, driven by gains in the financial sector, although Qatar bucked the trend to trade lower.Saudi Arabia's benchmark index (.TASI) gained 0.4%, with… Read More

MIDEAST STOCKS Top lender FAB boosts Abu Dhabi; Dubai retreats

May 16, 2021 WallStreetReview

The Abu Dhabi stock market ended higher on Sunday, buoyed by a surge in its top lender First Abu Dhabi Bank (FAB) (FAB.AD) on expectations that an upcoming review by MSCI of its emerging markets index will increase the bank's index weighting and spur foreign fund flows into its shares.The benchmark index (.ADI) jumped 3.5%,… Read More

Stocks head for first weekly gain in three, commodities soar

May 7, 2021 WallStreetReview

FILE PHOTO: A passersby wearing a protective face mask is reflected on screen displaying the Japanese yen exchange rate against the U.S. dollar and stock prices at a brokerage, amid the coronavirus disease (COVID-19) outbreak, in Tokyo, Japan November 6, 2020. REUTERS/Issei Kato/File PhotoGlobal stocks headed for their first weekly gain in three weeks amid… Read More

Colombian peso, stocks drop after tax plan’s withdrawal

May 3, 2021 WallStreetReview

Colombia's peso, public debt and stocks depreciated on Monday after President Ivan Duque withdrew a tax reform proposal seen as important for the country's fiscal stability, sparking market uncertainty and comment from ratings agency Moody's.Duque withdrew the proposal on Sunday after staunch opposition from lawmakers and deadly street protests, but he said tax reform is… Read More

S.Korea stocks rise as investors bet on recovery hopes

May 3, 2021 WallStreetReview

* KOSPI rises, foreigners net sellers * Korean won weakens against U.S. dollar * South Korea benchmark bond yield rises SEOUL, May 3 (Reuters) - Round-up of South Korean financial markets: ** South Korean shares gained on Monday, as investors lapped up domestic trade data that showed exports had expanded last month at its sharpest… Read More

China stocks end week lower on slower factory activity growth

April 30, 2021 WallStreetReview

SHANGHAI, April 30 (Reuters) - China stocks fell on Friday to close the week lower as data showed the country’s factory activity growth slowed in April, while worries over policy tightening and Sino-U.S. tensions continued to weigh on the market.** The blue-chip CSI300 index fell 0.8% to 5,123.49, while the Shanghai Composite Index ended down… Read More

MIDEAST STOCKS Major Gulf markets end mixed; blue-chips buoy Egypt

April 18, 2021 WallStreetReview

A Saudi trader observes the stock market on monitors at Falcom stock exchange agency in Riyadh, Saudi Arabia February 7, 2018. REUTERS/Faisal Al NasserMajor Gulf stock markets ended mixed on Sunday, with Qatar registering sharp losses following a surge in the previous session when it removed a cap on foreign ownership, while blue-chip Egyptian shares… Read More

Gold eases as stocks gain on robust U.S. jobs data

April 5, 2021 WallStreetReview

(Reuters) - Gold prices edged lower in holiday-thinned trading on Monday as robust U.S. jobs data fuelled hopes for a rapid economic recovery and bolstered global equities, denting bullion’s appeal.FILE PHOTO: Gold bullion is displayed at GoldSilver Central's office in Singapore June 19, 2017. REUTERS/Edgar Su/File PhotoSpot gold was down 0.1% at $1,726.80 per ounce,… Read More

China stocks fall weighed by material, property shares

March 31, 2021 WallStreetReview

* SSEC -0.6%, CSI300 -1.1%, HSI -0.3%* HK->Shanghai Connect daily quota used -3.6%, Shanghai->HK daily quota used 2.5%* FTSE China A50 -1.4%BEIJING/SHANGHAI, March 31 (Reuters) - China stocks fell on Wednesday, led by losses in material and property shares, as investors shrugged off data showing manufacturing activity expanded at the quickest pace in three months… Read More

Stocks linked to Archegos bounce back

March 30, 2021 WallStreetReview

(Reuters) - The battered shares of many of the companies linked with Archegos Capital’s massive margin call bounced back on Tuesday, as investors bet the bulk of the selloff was done and took advantage of discounted prices.FILE PHOTO: 888 7th Ave, a building that reportedly houses Archegos Capital, is pictured amid the coronavirus disease (COVID-19)… Read More