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PSX adds 350pts till midday

KARACHI: The Pakistan Stock Exchange (PSX) added 350 points to take the tally to 40225 till midday on Friday. On Thursday, the PSX continued in the green with the benchmark KSE-100 Index gaining 288 points to close at 39,875 points. Market participation took a step back with volume and value down 18.33 per cent and 12.74 per cent respectively, amid ... Read More »

Hungarian BUX index finishes down 0.90% at 22,374.16 Wednesday

BUDAPEST: The Budapest Stock Exchangeʼs main BUX index finished down 0.90% at 22,374.16 Wednesday after rising 0.45% Tuesday. It is up 34.51% from year-end, after losing 10.40% last year. The Budapest bourse followed European peers down the slope while global investors wonder if a combination of worse-than-expected US company results, falling energy and metal prices on questionable Chinese demand, the ... Read More »

Belgium’s business confidence index rises in June to highest level since July 2011

BRUSSELS: Belgium’s business confidence index rose in June to its highest level since July 2011, the country’s central bank said Wednesday, as sentiment in the services sector improved significantly. The overall business confidence index in June reached -3.9, compared with May’s reading of -4.9. The central bank said confidence in the services sector rose to 13.1 points from 9.4 points ... Read More »

Capesize market index grows by 810Pts to 1,393Pts

ATHENS: The capesize market has advanced each consecutive trading day since June 11, with the Baltic Cape Index growing by 810 points then to 1,393 points today. “The last two weeks have seen an increased number of Brazilian iron ore cargoes come to the market and that’s primarily what is driving these rates,” Jeffrey Landsberg, managing director of New York-based ... Read More »

Capesize market index grows by 810Pts to 1,393Pts

ATHENS: The capesize market has advanced each consecutive trading day since June 11, with the Baltic Cape Index growing by 810 points then to 1,393 points today. “The last two weeks have seen an increased number of Brazilian iron ore cargoes come to the market and that’s primarily what is driving these rates,” Jeffrey Landsberg, managing director of New York-based ... Read More »

Cape index grows by 810pts in its consecutive trading

ATHENS: The capesize market has advanced each consecutive trading day since June 11, with the Baltic Cape Index growing by 810 points then to 1,393 points today. “The last two weeks have seen an increased number of Brazilian iron ore cargoes come to the market and that’s primarily what is driving these rates,” Jeffrey Landsberg, managing director of New York-based ... Read More »

Cape index grows by 810pts in its consecutive trading

ATHENS: The capesize market has advanced each consecutive trading day since June 11, with the Baltic Cape Index growing by 810 points then to 1,393 points today. “The last two weeks have seen an increased number of Brazilian iron ore cargoes come to the market and that’s primarily what is driving these rates,” Jeffrey Landsberg, managing director of New York-based ... Read More »

Swiss consumption index increased from 1.67 to 1.73 in May

BERN: The UBS Swiss consumption index was up in May 2015. The index increased from 1.67 to 1.73 driven in part by an increase in new car sales. The strong franc is dampening sales of some retailers however, who have to compete with lower retail prices across the border in neighbouring eurozone countries. High priced imported items bought by retailers ... Read More »

Swiss consumption index increased from 1.67 to 1.73 in May

BERN: The UBS Swiss consumption index was up in May 2015. The index increased from 1.67 to 1.73 driven in part by an increase in new car sales. The strong franc is dampening sales of some retailers however, who have to compete with lower retail prices across the border in neighbouring eurozone countries. High priced imported items bought by retailers ... Read More »

Turkey’s consumer confidence index fall in May to 64.29 points

ANKARA: Turkey’s consumer confidence index fell in May to 64.29 points, its lowest in more than six years, from 65.35 in April, the Turkish Statistics Institute (TÜİK) said. The index indicates an optimistic outlook when it is above 100 and a pessimistic outlook when below 100. While household expectations for finances were little changed, expectations for future income were also ... Read More »

Turkey’s consumer confidence index fall in May to 64.29 points

ANKARA: Turkey’s consumer confidence index fell in May to 64.29 points, its lowest in more than six years, from 65.35 in April, the Turkish Statistics Institute (TÜİK) said. The index indicates an optimistic outlook when it is above 100 and a pessimistic outlook when below 100. While household expectations for finances were little changed, expectations for future income were also ... Read More »

Polish manufacturing index fall 1.3pts to 52.4 pts in May

WARSAW: Poland’s manufacturing sector purchasing managers’ index PMI, a gauge of manufacturing, fell by 1.6 pts month on month to 52.4 points in May after a 0.8 pts decrease in the previous month, a report by HSBC and Markit showed. “Output and new orders both rose at the slowest rates since last October, with the pace of expansion in the ... Read More »

Polish manufacturing index fall 1.3pts to 52.4 pts in May

WARSAW: Poland’s manufacturing sector purchasing managers’ index PMI, a gauge of manufacturing, fell by 1.6 pts month on month to 52.4 points in May after a 0.8 pts decrease in the previous month, a report by HSBC and Markit showed. “Output and new orders both rose at the slowest rates since last October, with the pace of expansion in the ... Read More »

BSE main BUX index finishes down 0.16% at 22,44582

BUDAPEST: The Budapest Stock Exchangeʼs main BUX index finished down 0.16% at 22,445.82 Thursday, after rising 1.65% Wednesday. It is up 34.94% from year-end, after losing 10.40% last year. In line with European peers, the Budapest parquet lost momentum on Thursday, hovering around breakeven for most of the day and turning into permanent, albeit light, red late afternoon, as both ... Read More »

BSE main BUX index finishes down 0.16% at 22,44582

BUDAPEST: The Budapest Stock Exchangeʼs main BUX index finished down 0.16% at 22,445.82 Thursday, after rising 1.65% Wednesday. It is up 34.94% from year-end, after losing 10.40% last year. In line with European peers, the Budapest parquet lost momentum on Thursday, hovering around breakeven for most of the day and turning into permanent, albeit light, red late afternoon, as both ... Read More »

FTSE 100 Index falls 73.5 points to 7030.5

LONDON: The London market suffered its biggest one day fall in a month after official figures showed a sharp slowdown in UK economic growth at the start of the year. The figures, which come nine days before the general election, mean that after experiencing the strongest growth among the G7 leading advanced economies last year, the UK may begin 2015 ... Read More »

Hungary’s BSE index surge to 0.43% to 21,050.9 on Thursday

BUDAPEST: The Budapest Stock Exchangeʼs main BUX index finished up 0.43% at 21,050.59 Thursday after rising 0.24% Wednesday. It is up 32.56% from year-end, after losing 10.40% last year. Sluggish preliminary euro zone purchasing manager (PMI) surveys for April, concerns over Greeceʼs debt crisis, and a sudden rise in US Treasury and German bund yields kept investors on edge. A ... Read More »

Prosperity index inches up 0.3pts M/M in April 2015: BIEC

WARSAW: According to data quoted by the Polish Press Agency The prosperity index calculated by the Bureau for Investments and Economic Cycles (BIEC) inched up by 0.3 points month-on-month in April. “We have been witnessing a significant improvement of the indicator for four months. This is a result of increasing salary and decreasing prices. Due to the occurrence of those ... Read More »

Poland’s consumer price index remains at -1.2% YoY in March 2015

WARSAW: According to data released by the EU’s statistics office Eurostat Poland’s consumer price index remains at -1.2% years- on- year in March 2015. In month-on-month terms, prices increased by 0.1 percent. Throughout the EU inflation was at -0.1 percent y/y. CPI inflation stood at -1.5 percent in March y/y, according to data released.   Read More »

Netherlands ranked 3rd in Netflix speed index

AMSTERDAM: The Netherlands moved up to third place in the countries ranked on broadband speed by Netflix in March. The country achieved an average speed of 3.86 Mbps, just below Luxembourg (4.02 Mbps) and Switzerland (3.98 Mbps). The top providers in the Netherlands scored above the national average, with Caiway at 4.11 Mbps, Ziggo at 4.08 Mpbs, ZeelandNet at 3.93 ... Read More »