Traders work on the floor of the New York Stock Exchange. Associated Press
Ahead of the fourth quarter results of the IT heavyweights Infosys and TCS, and key macro data release, major equity indices ended the week on a higher note led by gains in banking stocks. The BSE Sensex closed 160.10 points or 0.41 per cent higher at 38,767.11. The broader Nifty finished 46.75 points or 0.40 per cent higher at 11,643.45. “Market turned positive despite a weak rupee as investors
Global stock markets rose on Friday after JP Morgan›s results kicked off the US corporate earnings season in style, while signs of stabilisation in China›s economy also helped riskier assets on views the growth outlook worldwide is better than thought.
Major Indian indices − Sensex and Nifty − closed at their highest-ever on Tuesday riding strong and sustained foreign fund inflows and bets of yet another rate cut over a near-normal monsoon forecast. Both indices touched their all-time highs − Sensex at 39,364.34 and Nifty 11,810.95 − during the early trade and mostly held on to the gains
The Abu Dhabi Securities Exchange (ADX), region’s leading financial market, recently hosted the French Business Group delegation during which the operational framework, vision, mission, and investment opportunities at ADX were highlighted. Abdul Aziz Al Neaimi, Assistant Chief Executive of ADX,
Nawah Energy Company (Nawah), the subsidiary created by Joint Venture partners Emirates Nuclear Energy Corporation (ENEC) and Korea Electric Power Corporation (KEPCO) to operate and maintain the Barakah Nuclear Energy Plant,
Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (Dewa), has inaugurated the simulator and training centre at its Jebel Ali Power Plant and Desalination Complex.
Emirates Global Aluminium (EGA), the largest industrial company in the United Arab Emirates outside oil and gas, on Monday announced the arrival of the first fully-laden Capesize vessel to call at any GCC port at its quay at Khalifa Port in Abu Dhabi,