Browsing: Stocks

Saudi Arabia’s benchmark index edged up 0.1%, closing at its highest since August 2022, helped by a 0.8% rise in Al Rajhi Bank

By 0909 GMT, MSCI’s index for emerging market stocks gained 0.2%, while a gauge of currencies was flat

MOSCOW, February 12. /TASS/. The price of Bitcoin gained 3.83% during the trading session on Monday and reached $50,062, according to CoinDesk portal trading data.

LONDON – Global shares stood their ground on Friday after Wall Street scaled new heights, with looming U.S. inflation data set to help investors update their bets on interest rate cuts and steer the dollar’s direction.

The Qatari index slumped 1.9%, extending its three-session losing streak, with almost all stocks in negative territory

NEW YORK – The U.S. dollar inched lower on Friday, after data showed inflation rose modestly in December but was trending lower, which should keep the Federal Reserve on track to cut interest rates by the middle of the year.

The country’s stocks have been selling off of late despite a series of government stimulus measures

A majority of Czechs are skeptical about transitioning to the euro, believing that adopting the single currency would carry inflationary risks and would not benefit the country, the media outlet iRozhlas reported this week, citing the latest poll.  

LONDON/TOKYO: Global equities were on course to snap a nine-week winning streak, government bonds sold off, and the dollar was poised for its strongest weekly advance since mid-May, as bets on aggressive central bank rate cuts were rolled back, according to Reuters.

Russian stock indices in the green on Friday
The MOEX Russia Index grew by 0.01% to 3,136.37 points by the close of business on the Moscow Exchange. The RTS index rose 0.48% to 1,087.35 points
MOSCOW, January 5. /TASS/. Russian market indexes ended the trading session on Friday with a moderate upward trend, according to Moscow Exchange data.

The MOEX Russia Index grew by 0.01% to 3,136.37 points by the close of business on the Moscow Exchange. The RTS index rose 0.48% to 1,087.35 points.

The dollar dropped by 0.42% against the ruble to 90.95 rubles. The euro declined by 0.29% to 99.62 rubles. The yuan plunged by 0.21% to 12.65 rubles.

“The Russian stock market ended the week with mixed dynamics of trading against weak activity. The MOEX Russia Index was cruising close to 3,130 points. Oil prices moved in the green zone, while the ruble kept the trend of growing and the dollar tested levels below 91 [rubles]. The negative sentiment prevailed in international markets,” Alexander Bakhtin from BCS Investment World said in a comment.

“The activity and trading turnovers in our market may start growing early next week. No important statistical data are expected on Monday. The issue of redomiciliation from Cyprus to Russia will be discussed on that day at the shareholders meeting of TCS Group. January 8 is the last day for being included to the register of shareholders eligible to receive Tatneft dividends for the third quarter of 2023,” the expert noted.

BCS Investment World forecasts the MOEX Russia Index to be 3,075-3,175 on January 8.