Please wait...
GulfBase Live Support
- 50 years of Islamic banking: UAE has become a global hub for Islamic finance
- How Saudi entrepreneurs are navigating the shift to public markets
- Batelco to deploy Bahrain's first private 5G network at Alba
- Saudi Arabia poised to become Mideast's Silicon Valley, say experts
- Bahrain All Share Index, Islamic Index close lower
- Qatar Free Zones, Russia's BIOCAD sign MoU on biotech activities in Qatar
- Gold price in Qatari market rises by 3.18% this week
- MSX Index closes higher at 4,305 Points
- Dollar rises from seven-month low
- Oman signs deal for world's first liquid hydrogen corridor to Europe
04/09/2012 09:00 AST
Chinese stocks fell for the fourth time in five days as Societe Generale SA predicted a weaker growth outlook and Goldman Sachs Group Inc. cut its estimates for Chinese earnings.
China Construction Bank Corp. sank to a five-week low as Credit Suisse Group AG warned of softening loan demand and lower net interest margins at lenders. Kweichow Moutai Co. (600519), China's biggest producer of baijiu liquor by market value, surged the most in almost two years after saying it will raise some product prices. Citic Securities Co. advanced to a one-week high on plans to buy a 30 percent stake in Shenzhen Qianhai Equity Exchange.
The Shanghai Composite Index (SHCOMP) dropped 0.5 percent to 2,049.81 at 1:10 p.m. local time even as a commentary in the China Securities Journal outlined possible new government stimulus measures. About three stocks fell for each one that rose. The CSI 300 Index (SHSZ300) lost 0.5 percent to 2,216.81. The Hang Seng China Enterprises Index (HSCEI) of Chinese companies traded in Hong Kong retreated 0.6 percent.
For more on this Click Here
Bloomberg
| Ticker | Price | Volume |
|---|
| Index | Closing | Change |
|---|---|---|
| NIKKEI 225 | 36,581.76 | -251.51 (-0.68 |
| DAX | 18,699.40 | 181.01 (0.97 |
| S&P 500 | 5,626.02 | 30.26 (0.54 |
18/04/2025
The European Central Bank cut interest rates again Thursday amid fears that US President Donald Trump's stop-start tariff announcements could threaten growth across the eurozone.
Rate-setter
AFP
18/04/2025
Rising trade tensions and sweeping shifts in the global trading system will trigger downward revisions of the IMF's economic forecasts but no global recession is expected, the lender's managing direc
Reuters
18/04/2025
China will pay no attention if the US continues to play the "tariff numbers game," China's foreign ministry said on Thursday, after the White House outline how China faces tariffs of up to 245 percen
Reuters
17/04/2025
The outlook for global trade has deteriorated sharply due to a surge in tariffs and trade policy uncertainty (TPU), says World Trade Organization's (WTO) Global Trade Outlook report.
Based
Trade Arabia
17/04/2025
The Pakistan Stock Exchange (PSX) on Thursday welcomed a delegation of Malaysian Shariah scholars and professionals as the country seeks to advance its Islamic finance sector and foster cross-border
Arab News
Financial Information Co.
P.O. Box 69410, Jeddah 11547, Saudi Arabia