Posts Tagged ‘on’
Qatar’s bourse yesterday opened the week with the largest single-day gain in 12 weeks, paced by Industries Qatar (IQ) and Commercialbank (Cb).
Strong institutional buying lifted the 20-stock benchmark by 1.87% to close at 6,854.76 points, also
Qatar Telecommunications Co (Qtel) reported a 7.9 percent decline in fourth-quarter profit, dragged down by non-operational provisions in Kuwaiti unit Wataniya.
Qtel made a net profit attributable to shareholders of 431 million riyals ($118.5 m
Benchmarks held on to early morning gains on Monday in line with other global indices. All the sectoral indices were in the green led by auto, realty and pharma stocks.
“A bright Monday morning is in the offing as the bulls seem to be in a mo
Malaysia’s stocks rose, driving the benchmark index to a two-year high, on speculation overseas investors increased purchases of local assets as the ringgit climbed to its strongest in almost seven weeks.
The FTSE Bursa Malaysia KLCI Index ga
Helped by overseas investors’ buying interest in auto, bank and IT stocks, the markets on Monday moved higher and the benchmark Sensex rose 108 points to close above the 17,000-mark, scaling a fresh six-week high.
Blue-chips counters ICICI Ba
Japan’s Nikkei stock average climbed 1.8 percent on Monday, boosted by better than expected U.S. jobs data, with exporters gaining on a weaker yen and resource-linked firms up on rises in commodity prices.
Fujitsu Ltd, Japan’s largest IT servic
State Bank of India (SBI), the country’s largest lender, is expecting a mark-to-market (MTM) loss of Rs 500-700 crore during the current quarter due to rising bond yields, said Chairman O P Bhatt.
MTM is the writing down of securities to refl
Asian shares rose on Monday as encouraging U.S. job and consumer data reinforced views that the world’s largest economy is slowly but steadily recovering, fueling a move into riskier assets and out of safe havens like the yen.
U.S. Labor Depart
The rupee is expected to continue its rally on Monday, tracking higher regional sharemarkets and the dollar’s weakness against major currencies overseas.
The partially convertible rupee closed at 45.60/61 per dollar on Friday, its strongest s
For banking stocks, Budget 2010-11 was a great booster. In the last five days’ trading sessions after the Budget, the 18-stocks Bankex increased 7% as compared with the 4.5% rise in the benchmark 30-share BSE Sensex.
The markets reacted posit
