New york: Major US stock indexes closed lower in the latest trading session on Wall Street.
According to Bahrain News Agency, the SandP 500 fell by 19.94 points, or 0.26%, ending at 7,711.05. The Nasdaq Composite experienced a drop of 140.79 points,…
Manama: The US dollar held near a one week high against major currencies as investors awaited a speech by the US Federal Reserve Chair.
According to Bahrain News Agency, the dollar index, which measures the currency against six major peers, was litt…
Manama: US stock indexes closed higher in the latest trading session.
According to Bahrain News Agency, the SandP 500 gained 55.03 points, or 0.72%, closing at 7,730.73. This increase reflects a positive momentum in the market.
The Nasdaq Composit…
Manama: European Union sugar production is forecast to drop 19% to 13.4 million tonnes in the new season, down from 16.6 million tonnes in the current season, according to the EU Sugar Market Observatory.
According to Bahrain News Agency, EU sugar i…
Manama: Oil prices edged lower in early Asian trading: Brent crude futures fell 25 cents, or 0.3%, to $89.45 a barrel, while US West Texas Intermediate crude futures dropped 22 cents, or 0.3%, to $83.31.
According to Bahrain News Agency, this decrea…
Manama: Gold prices rose 0.4% to $4,607.90 per ounce in spot trading, supported by a weaker dollar ahead of US Federal Reserve Chair Kevin Warsh’s speech at the Jackson Hole symposium. US gold futures for December delivery gained 0.2% to $4,664.
Acco…
Manama: Bahrain All Share Index has closed at 1,941.50 points, marking a decrease of 1.71 points below the previous closing. This decline was largely influenced by downturns in several key sectors, including communications services, financials, materi…
Manama: The Central Bank of Bahrain (CBB) has announced that its latest monthly issue of the short-term Islamic Ijara Murabaha Sukuk has been oversubscribed by 168%. Subscriptions totaling BD 50.271 million were received for the BD 30 million issue, w…
Manama: Bahrain All Share Index has closed at 1,947.07 points, marking an increase of 2.69 points above the previous closing. This rise was attributed to the positive performance in the financials and materials sectors.
According to Bahrain News Age…
Manama: This week’s BD 70 million issue of Government Treasury Bills has been oversubscribed by 121%. The bills, which carry a maturity of 91 days, are issued by the Central Bank of Bahrain (CBB) on behalf of the Government of the Kingdom of Bahrain. …