Most Gulf Markets End Higher; Egypt Falls

Aug 1 Reuters Most Gulf stock markets ended higher on Monday, helped by strong earnings momentum, although the region remains exposed to pressure from falling energy prices and deteriorating global economic conditions. Saudi Arabia39;s benchmark index gained 1.2, buoyed by a 0.8 rise in Retal Urban Development Co and a 1.7 gain in Mouwasat Medical Services. Oil […]
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European Shares Rise as Banks, HSBC Offset Weak Data

Euro zone factory activity contracted in July German retail sales post biggest yearonyear slump since 1994 HSBC rebuffs Ping An call for breakup, profit beats European banks jump 1.9, STOXX 600 adds 0.2 Aug 1 Reuters European shares edged up on Monday as a jump in banking stocks after HSBC39;s strong results offset fears of […]
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