The Mexican peso ended the week with good points and managed to finish the session in constructive territory by which the greenback was strengthened and by which investor warning prevailed, awaiting the publication of key inflation information for April in the USA. subsequent week, the place new clues are sought about the way forward for … Read more
Cairo – Mubasher: Gold prices on the global stock market rose by 2.6%, to a value of $59, in the trading week that ended yesterday afternoon, Friday, supported by expectations of an increase in capacity interest rates lowered after disappointing US economic data, with gold investors awaiting next week’s inflation data. Saeed Embabi, CEO of … Read more
Just: Major technology stocks, such as “Alphabet,” “Meta,” and “Apple,” rose in late trading on Tuesday, while shares of “Nvidia” fell after the “Wall Street Journal” newspaper reported that “Apple ” developing its own chip to run programs. Trading also saw a decline in Walt Disney stock 10% in Tuesday’s session to the lowest levels … Read more
Mexico City. The weakness of the dollar worldwide supported the exchange rate in Mexico to regain positive ground at the beginning of the week. The Mexican peso appreciated 0.75 percent, equivalent to 12.81 cents against the US currency, to close at 17.0185 units per spot dollar. Pending the outcome of the Federal Reserve’s monetary policy … Read more
Mexico City. The exchange rate closed April at a level of 17.14 pesos per dollar, which implied a depreciation of 3.51 percent against the US currency, equivalent to 58.5 cents, according to data from the Bank of Mexico (BdeM). Data from the central institute indicate that it was the largest monthly depreciation of the peso … Read more
Mexico City. As expected by global economic agents, the United States Federal Reserve (Fed) kept its reference rates unchanged and continued to delay the long-awaited first rate cut. Given this scenario, the dollar weakened globally, depreciating 0.55 percent, to 105,520 units, according to its DXY weighted index, which measures the behavior of the US currency … Read more
Cairo – Mubasher: Gold prices on the world stock market fell 1.5 percent, at a value of $ 36, during trading in the week ending yesterday afternoon, Friday, which was affected by reducing expectations of a cut early in US interest rates. Saeed Embabi, CEO of the “iSagha” platform for online gold and jewelry trading, … Read more
Mexico City. As the dollar regained attractiveness internationally, awaiting the first forecast of the gross domestic product (GDP) of the United States for the first quarter of 2024 and the consumption and personal spending indices of the world’s main economy for March , the Mexican exchange rate fell this Wednesday. The Mexican currency lost 0.64 … Read more
Riyadh – Mubasher: An extraordinary general assembly of shareholders of the Saudi Paper Manufacturing Company (Paper Industry), approved at their meeting on Thursday, April 25 2024Profits for the third quarter of 2023, and capital increase by issuing bonus shares. The company explained, in a statement on “Tadawul” Today, Sunday, the proposal of the Board of … Read more
At the beginning of the last exchange session of the week, the peso recovered ground against the dollar – the main currency to be negotiated in the market – with the exchange rate at 17.16 units per greenback, a gain of 0.24 percent with compared to yesterday’s closing. The exchange rate at the beginning of … Read more