Nasdaq withdrew its offer for Oslo Bors on Monday, giving pan-European exchange Euronext free rein to pursue its bid for the Norwegian stock market operator after a five-month battle.
The Pakistan Tehreek-e-Insaf (PTI) government has accepted the long outstanding demand of stockbrokers to constitute a fund for stabilising the stock market. Adviser to Prime Minister on Finance Abdul Hafeez Shaikh accepted the proposal to form the fund at a meeting with the Pakistan Stock Exchange’s (PSX)
Stock markets on both sides of the Atlantic rose on Friday, hailing US jobs data that confounded expectations, showing the lowest unemployment rate in half a century.
Slowing Turkish inflation has helped make the country’s lira-denominated government bonds “cheap” for the first time this year, Deutsche Bank’s analysts said, adding that their models pointed to potentially stellar gains ahead. Data on Friday showed Turkey’s headline inflation rate
The Sensex and the Nifty on Friday snapped out of their 6-day-long losing streak, to offer some respite on the last day of the week. Sensex closed 51 points higher at 37,882.79 from its Thursday’s close of 37,830.98,
Global shares slipped on Thursday on growing signs that a trade dispute between the United States and China was taking a toll on corporate earnings, with nerves spreading from Wall Street through Asia to European markets.
Britain said it is ramping up preparations for a no-deal Brexit by spending an extra 2.1 billion pounds ($2.6 billion) to stockpile medicines, hire more border officials and fund one of the biggest peacetime advertising campaigns.
A broad index of stocks around the world edged higher on Thursday as comments from Federal Reserve Chairman Jerome Powell bolstered expectations for an interest-rate cut, though concerns about global trade tensions capped gains.
Disappointment over the Budget proposals and muted global markets led the Sensex to log the heaviest fall in seven months on Monday. Both the key equity indices − Sensex and Nifty − fell over 2 per cent.