Saudi Arabia equities rally at close of trade
On Thursday, Saudi Arabia shares ascended after the close because profits in the Real Estate Development, Petrochemicals as well as Retail sectors underpinned stocks.
The Tadawul All Share inched up 0.73% hitting a fresh 3-month maximum.
On the Tadawul All Share the best performers were Makkah Construction&Development Co, Alujain Corporation and Dallah Healthcare Holding Company. They ascended respectively 4.92%, 4.24% and 3.50%.
As for the worst performers, they were represented by such benchmarks as Saudi RE Cooperative Reinsurance, Saudi Advanced Industries Co and Alawwal Bank. They went down respectively 2.17%, 1.16% and 1.01%.
Soaring equities outperformed dipping shares on the Saudi Arabia Stock Exchange by 124 to 45, while 13 were intact.
The currency pair EUR/SAR tacked on 0.42% to 4.5248, USD/SAR stood still, sticking to 3.7500.
The US Dollar Index Futures headed south 0.26% being worth 91.65.
The US-China trade war escalates
More tariffs were introduced
Stocks of technological companies fell, pay attention to earnings
Yesterday, the US Justice Department announced a broad antitrust review ...
Futures head south after China data points to decelerating retail sales
On Wednesday, American stock index futures headed south because dismal data out of China affected market sentiment, while traders waited for more developments related to the US-China trade conflict…
Bitcoin dives 14%, slumping below $5,000
On Tuesday, crypto assets dived, with Bitcoin decreasing below the psychologically crucial $5,000 mark for the first time this year…
British inflation tacks on for the first time this year
In July, Britain's inflation rate rallied for the first time in 2018, thus leaving many UK households feeling quite squeezed by prices, soaring at nearly the same tempo as their wages…
Market updates on June 18
Welcome to Tuesday, people! Here’s your markets update ahead of the European trading session.