Saturday 1 November 2014
 
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equities

Gold set for first quarterly loss this year

Gold fell on Tuesday, as the dollar and European stocks climbed, with the metal set to post its sharpest monthly loss since June 2013 and the first quarterly loss this year on expectations of further gains in the US currency. Gold

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Gold hits 2-1/2 month low as equities, dollar strengthen

Gold fell to its lowest in 2-1/2 months on Tuesday, breaking through key support at its August lows as stock markets rose and the dollar hit a one-year high against the euro ahead of a European Central Bank meeting this week. The

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No major setback seen if Qatar loses World Cup

The potential economic cost Qatar will suffer if it were to be stripped of the World Cup hosting rights will  comprise some short-term pain including a 20 per cent fall in equities, according to a new report from Credit Suisse.

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No major setback seen if Qatar loses World Cup

The potential economic cost Qatar will suffer if it were to be stripped of the World Cup hosting rights will  comprise some short-term pain including a 20 per cent fall in equities, according to a new report from Credit Suisse.

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ADIB Securities joins Nasdaq Dubai

ADIB Securities, the brokerage subsidiary of Abu Dhabi Islamic Bank, has become an equities member of Nasdaq Dubai, connecting its customers to new trading opportunities on the region’s international exchange. Membership of

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GCC equities off to a flying start

GCC equities got off to a flying start in the first two months of the year, with the UAE and Qatar markets showing substantial strength, said a report. Dubai and Abu Dhabi's stock indices appreciated by 24.17 per cent and 15.2

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Gold near 3-month high; eyes $1,300

Gold was hovering near a three-month high on Thursday, and appeared capable of breaking the $1,300 level on technical momentum and as hopes for a measured tapering of US stimulus offset any negative impact from firmer equities. Sp

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Middle East funds bullish on Qatar stocks

Middle East-based investment funds have become much more bullish on Qatar's stock market, citing  heavy government spending and attractive valuations, the latest monthly Reuters survey of the region shows. Fifty-six perce

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Gold dips on stronger equities

Gold eased for a second session on Wednesday as equities inched higher on optimism over US economic growth, curbing bullion's safe-haven appeal. Prices were hurt by data showing the US trade deficit fell to a four-year low in

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Gold hits two-week high over weak equities

Gold rose for a fourth session on Friday, gaining over 1 percent to hit a two-week high as weaker equities spurred demand for the metal as a safe-haven asset. Gold, headed for its best weekly performance since October, was also su

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