Saturday 5 September 2015
 
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stock market

Saudi, Egypt rise alongside global markets

Stock markets in Saudi Arabia and Egypt rose in early trade on Thursday, tracking global bourses as oil prices, which had moved Middle Eastern equities earlier in the week, were relatively stable. The main Saudi equity index gaine

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Oil extends losses on US factory data

Oil prices fell around 2 per cent in early Asian trade on Wednesday, as a stronger than expected build in US crude oil stocks and weaker US manufacturing data fuelled a rout in prices that started in the previous session. Brent an

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World shares sag as China jitters persist

World shares sagged on Wednesday as investors feared fresh rate cuts in China may not be enough to stabilise its slowing economy or halt a stocks collapse that is wreaking havoc in global markets. Europe's main stock markets,

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Stocks slip as China rate cuts fail to calm nerves

Asian stocks fell on Wednesday as investors feared fresh rate cuts in China would not be enough stabilise its cooling economy or halt a collapse in its stock markets. China's key share indexes attempted to move higher several

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Saudi surges 7.4pc in heavy trade

Saudi Arabia's stock market surged 7.4 per cent on Tuesday as the region rebounded from several days of heavy selling, encouraged by stronger oil prices and rising global bourses.      The main Saudi stock index&

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Chine rout wipes billions of euros off Europe shares

European stocks slumped on Monday after a rout in Chinese markets, wiping hundreds of billions of euros off leading shares and sending one benchmark index to a seven-month low. The pan-European FTSEurofirst 300 fell 3.2 per cent t

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Oil sinks 4pc, hits fresh 6-1/2-year low on China

Oil prices fell more than 4 per cent to fresh 6-1/2-year lows after Chinese stock markets suffered their biggest one-day drop since the global financial crisis, intensifying worries over the outlook for global oil demand.  

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Dubai stock index slides 5.8pc

United Arab Emirates stock markets fell sharply in early trade on Monday in response to tumbling bourses in Asia and a fresh slide in oil prices. The main Dubai index lost 5.8 per cent to 3,252 points in the opening minutes, neari

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Rupee plunges; sensex down 1,092 points

The Indian rupee dropped to fresh two-year low and the country's stock market benchmark Sensex plunged 1,092 points. The rupee was trading at 66.46 down 63 paise to the US dollar compared to it previous close on Friday on the

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Dubai stock market pluges 2.7pc

Dubai's stock market led losses in the Gulf early on Thursday after oil prices in the US tumbled to their lowest level since 2009. US crude slumped over 4 per cent on Wednesday as a huge, unexpected stockpile build in the US r

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