Sunday, 24 May 2020

Category: Business

Wall Street Closing

New York, U.S. stocks fell Thursday, The Dow Jones industrial average fell 101.78, or 0.4 percent, to 24,474.12. The broader Standard & Poor’s 500 index fell 23.10, or 0.8 percent, to 2,948.51. The technology-heavy Nasdaq composite index fell 90.89, or 1 percent, to 9,248.88.   Source: Saudi Press Agency

Asian Shares Fall

Tokyo, Shares slipped in Asia on Friday, AP reported. Hong Kong’s benchmark led regional losses, dropping 3.9% to 23,332.78. The Shanghai’s Composite index fell 1.4%, to 2,828.62, Nikkei 225 index fell 20,462.11 and the Kospi in South Korea lost 1.4% to 1,969.77. In Australia, the S&P/ASX 200 declined 0.5% to 5,525.30. Shares also fell in […]

European shares slide

BANGKOK, Shares slipped in Europe on Friday, AP reported. Germany’s DAX shed 1.4% to 10,909.67 in early trading while the CAC 40 in Paris also lost 1.4%, to 4,382.26. Britain’s FTSE 100 skidded 1.8% to 5,906.69.   Source: Saudi Press Agency

Asian Shares Mixed

Tokyo, Asian shares were mixed Wednesday as market players waffled between hopes for recovery as economies gradually reopen and worries over the havoc wreaked by the pandemic, AP reported. Japan’s benchmark Nikkei 225 rose nearly 0.9% in morning trading to 20,606.92 on expectations that a state of emergency still in effect for Tokyo and seven […]

Wall Street Closing

New York, U.S. stocks fell Tuesday, The Dow Jones industrial average fell 390.51, or 1.6 percent, to 24,206.86. The broader Standard & Poor’s 500 index fell 30.97, or 1.05 percent, to 2,922.94. The technology-heavy Nasdaq composite index fell 49.72, or 0.5 percent, to 9,185.10.   Source: Saudi Press Agency

Amman Stock Market Falls

Amman, The Amman Stock Exchange (ASE) opened Wednesday trading session lower at 1,563 points from yesterday’s closure of 1,568 points, Jordan News Agency (Petra) reported. In the first hour of today’s trading session, the index ranged between 1,563 and 1,567 points at a trading value of JOD182, 000.   Source: Saudi Press Agency

Euro zone April inflation revised down to nearly four-year low

BRUSSELS, Euro zone annual inflation in April was 0.3%, the lowest level in nearly four years, according to final data released on Wednesday by Eurostat, which revised down its earlier estimate as energy prices fell more than initially expected, Reuters reported. The European Union statistics agency had previously estimated that consumer prices in the 19-nation […]

Wall Street Closing

New York, U.S. stocks rose sharply Monday, The Dow Jones industrial average rose 911.95, or 3.85 percent, to 24,597.37. The broader Standard & Poor’s 500 index rose 90.21, or 3.15 percent, to 2,953.91. The technology-heavy Nasdaq composite index rose 220.27, or 2.4 percent, to 9,234.83.   Source: Saudi Press Agency

Saudi UN Deputy Representative participates in meeting to discuss debt relief for countries under COVID-19

New York, Deputy Permanent Representative of the Kingdom of Saudi Arabia to the United Nations, Dr. Khalid bin Mohammed Manzalawi, participated this evening in a Group of Friends meeting called by the Permanent Representative of the brotherly Islamic Republic of Pakistan to the United Nations, Ambassador Munir Akram, in order to discuss a global initiative […]

Asian Stocks Rise

Tokyo, Asian shares rose Tuesday, AP reported. Japan’s benchmark Nikkei 225 added 1.9% in morning trading to 20,517.42. Australia’s S&P/ASX 200 jumped 2.0% to 5,569.20. South Korea’s Kospi was up 1.8% to 1,972.73. Hong Kong’s Hang Seng gained 1.8% to 24,362.80, while the Shanghai Composite edged up 0.5% to 2,889.42. Benchmark U.S. crude oil was […]