Saudi Stock Exchange Closes Lower

The Saudi Stock Exchange main index close at 12,372.50 points, 0.61 points down from the previous closing.

A total of 261 million shares were traded with

Saudi Stock Exchange Closes Lower

The Saudi Stock Exchange main index close at 12,372.50 points, 0.61 points down from the previous closing.

A total of 261 million shares were traded with a total trading value of SAR 7.3 billion.

The shares of 116 companies rose, while those of 110 …

QSE Index Closes 0.53 Percent Lower

Doha: The Qatar Stock Exchange (QSE) general index closed at 9,638.86 points on Monday, 51.19 points (0.53 percent) down from its previous closing.

A trading volume of 184,413,926 shares was registered in 16,142 transactions in all sectors, with a t…

QSE Index Rises 16.78 Points at Start of Trading

Doha: The general index of Qatar Stock Exchange (QSE) rose 16.78 points, or 0.17%, at the beginning of trading on Monday, reaching the level of 9,706 points, compared to yesterday’s closing.

The general index was supported by a rise in six sectors: …

Dollar Steady amid Expectations of US Interest Rates Cut

The dollar was broadly steady on Monday as a soft US jobs report boosted wagers that the Federal Reserve may still cut rates this year.

On Monday, the yen was broadly lower, slipping 0.63% to 153.95 per US dollar, down 0.60% to 192.62 per pound and 0…

China’s Central Bank Injects 2 Billion Yuan into Banking System

China’s central bank conducted 2 billion yuan ($282 million) of seven-day reverse repos at an interest rate of 1.8% on Monday.

The move aims to keep liquidity reasonable and ample in the banking system, the People’s Bank of China said in a statement,…

Saudi Arabia to Host 3rd Global Project Management Forum in June

The third Global Project Management Forum (GPMF) is set to kick off in the capital Riyadh on June 2, focusing on the theme “We Achieve the Dream: Leadership, Empowerment, Sustainability.” The two-day event will be a pivotal platform for industry leade…

Oil Futures Rise on Middle East Tensions

Oil futures rose on Monday over concerns of expanding tensions in the Middle East.

Brent crude futures climbed 28 cents, or 0.3%, to $83.24 a barrel, while US West Texas Intermediate (WTI) crude futures were at $78.40 a barrel, up 29 cents, or 0.4%.

Oman Central Bank Issues Treasury Bills Worth OR 85.5 Million

Oman Central Bank has announced that the total value of government treasury bills allocated for this week amounted to OR 85.5 million .

The bank explained, in a statement today, that the value of the bills allocated for a maturity period of 28 days a…

Dollar Steady amid Expectations of US Interest Rates Cut

The dollar was broadly steady on Monday as a soft US jobs report boosted wagers that the Federal Reserve may still cut rates this year.

On Monday, the yen was broadly lower, slipping 0.63% to 153.95 per US dollar, down 0.60% to 192.62 per pound and 0…