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Market

World stocks extend gains
Oil and rouble rally into Christmas period; EU bourses helped by Greek hopes
DFM sustains rally for second day
Dubai surges 9.8%, Abu Dhabi up 3.5% as oil rise sparks Gulf rebound
Stocks rally for second day
Investors’ sentiments improve as Fed’s rate hike fears subside
Dubai stocks stage dramatic rebound
DFM’s 13% rally is its biggest one-day gain ever
Asia gains as US Fed promises patience
Asian markets mostly rallied on Thursday, with investors reversing a recent sell-off spurred by a Wall Street recovery and indications the Federal Reserve will keep rates on hold until mid-2015.
Dubai declares crude oil price for March
The official monthly price of Dubai crude oil is determined in advance, wherein a differential price is set three months in advance (M-3).
Markets fall again as continuing oil slide stokes sell-off in region
The DFM Index closed down 7.27 per cent to 3,083.69 points, a 12-month low, driving the region’s bourses toward the longest losing streak in more than three years.
Oil prices at fresh lows, hit emerging markets
Emerging stocks fell to nine-month lows and developing market dollar bond yield premiums over US Treasuries were at their highest since 2011.
Gold slips 1% as dollar firms ahead of Fed meeting
A sooner-than-expected rise in interest rates could boost the dollar and hurt non-interest-bearing bullion.
Gulf stocks reel as oil prices plunge to new lows
Dubai's benchmark DFM Index slumped 7.6 per cent to 3,321.30 points, ending at its lowest level so far in 2014.
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