Muhammad Shaker – Mubasher: UAE financial market indices rose at the close of trading on Tuesday, amid weak pricing of the possibilities of the Federal Reserve raising interest rates next month.. According to data from the UAE financial markets, the gains of the Dubai Financial Market amounted to 2.273 billion dirhams, and the Abu Dhabi … Read more
Live: European stock indices declined at the end of the first session of the week, today, Monday, with the evaluation of economic data indicating that the growth in profits of industrial companies in China slowed significantly during the month of October, which raised concerns about the recovery of the second largest economy in the world. … Read more
Live: Oil futures prices closed today’s trading with a decline after the OPEC Plus meeting was postponed. Futures prices for standard Brent crude for January delivery fell by 1.7%, equivalent to $1.38, at $80.58 per barrel, ending the week almost unchanged, after a series of losses that extended over four weeks.. While the price of … Read more
Live: European stock indices rose at the close of trading on Wednesday, with consumer confidence in the euro zone increasing unexpectedly this month. At the end of the session, the European Stoxx 600 index rose 0.3% to 457.2 points, the highest level since September 20, and gains were limited by a decline in the energy, … Read more
Abu Dhabi – Mubasher: Real estate prices increased by about 15 percent in the Emirates of Dubai and Abu Dhabi from the second quarter of 2021 until this week, with 80,000 units currently under construction. Julien Haddad, Vice President and Chief Analyst at Moody’s Credit Rating Agency, noted that this strong performance reflects the success … Read more
Noha Makram – Live – The majority of US stocks opened higher today, Friday, adding to their strong gains during the week, against the backdrop of retail sales updates and a decline in oil, which Wall Street sees as signs of a slowdown in the economy. The S&P 500 index rose by approximately 0.1%, while … Read more
Ahmed Al-Demerdash – Mubasher: UAE financial market indices rose at the end of the week’s trading, amid increasing investor bets that the Federal Reserve has reached the end of its monetary tightening cycle, putting pressure on the dollar and Treasury bond yields. According to UAE financial market data, the Dubai Financial Market recorded gains during … Read more
Direct: Gold prices rose at the end of Tuesday’s trading, driven by the sharp decline in the value of the dollar and Treasury bond yields, amid investor optimism about the near end of the monetary tightening cycle. At the end of trading, futures prices for the yellow metal for December delivery rose by 0.85%, or … Read more
Competitive advantage in lithium Although efforts in this endeavor are still at an early stage, Exxon believes that its expertise in liquids exploration and processing could give the company a competitive advantage in sourcing lithium from underground saltwater deposits. Woods said last month that the opportunity to produce lithium from Arkansas’ “smack-over range” looks “increasingly … Read more
Abu Dhabi – Mubasher: The Abu Dhabi Securities Market announced today, Friday, that there was a technical glitch in the indices managed by FTSE Russell for global indices. The financial market in the UAE capital indicated in a notice issued this morning, Friday, that the data presented does not reflect the reality of current trading. … Read more