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Market

A year of returns, all before mid-April

The S&P 500 stock index’s stunning run since the start of the year has made many bullish analysts look conservative.

DMCC and Russian business council sign MoU

Dubai — The Dubai Multi Commodities Centre (DMCC), a Government of Dubai Authority and the Russian Business Council (RBC) in Dubai signed a Memorandum of Understanding (MoU) on Wednesday to enhance mutual cooperation.

Sensex rises after five days of losses

Indian equities climbed, with the benchmark index rebounding from a seven-month low, after some investors judged recent declines excessive.

KSE poised for longest winning streak since ’05

Pakistan stocks rose for an eleventh day, the longest streak since February 2005, amid growing optimism for a peaceful government transition following elections next month.

Opec keeps demand forecasts

Opec kept its world oil demand forecasts for 2012 and 2013 virtually unchanged on Wednesday, with China expected to contribute the most to growth while industrialised countries appeared to be headed for a decline.

Oil slips as supply rises to 30-year high

West Texas Intermediate (WTI) halted a two-day advance as a report showed stockpiles of US crude increased to the highest level since 1981.

Gold at one week high on speculation

Gold rallied to a one-week high on speculation that central bankers in the world’s major economies will take additional steps to spur growth.

World stocks rise on heels of new Dow record high

World stock markets mostly gained Wednesday on the heels of a record high on Wall Street as traders waited for the latest Federal Reserve meeting minutes for insight into the U.S. economy’s prospects.

Asian markets mostly up, Tokyo extends gains

Asian markets were mostly higher on Wednesday, with Tokyo supported by the weak yen, while Shanghai slipped following a rare trade deficit for China in March.

European equities climb after record Dow finish

Europe’s main stock markets rose Wednesday, boosted by another record close on Wall Street and despite news that China recorded a rare trade deficit in March, dealers said.