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Day: July 11, 2024

Sterling Rises Against Dollar to One-Month High

The pound sterling rose against the dollar Thursday, against the backdrop of receding expectations for an August rate cut from the Bank of England.

The dollar fell a touch although moves were largely subdued ahead of a US inflation report due later i…

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QSE Index Closes Higher on Thursday

Doha: The Qatar Stock Exchange (QSE) closed Thursday’s trading session with an increase of 15.67 points, or 0.15 percent, reaching 10,177.27 points.

During today’s session, 187,318,653 shares were traded, with a total value of QAR 432,653,450.418, re…

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US Stocks End Higher

US stocks ended higher at the end of the trading session on Wednesday.

The S and P 500 added 56.93 points, or 1.02 percent, to 5,633.91.

The Nasdaq Composite Index increased by 218.16 points, or 1.18 percent, to 18,647.45.

The Dow Jones Industrial …

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Bank of Korea Continues to Freez Interest Rate

South Korea’s central bank froze its key rate at 3.5 percent for the 12th straight session Thursday.

The Bank of Korea (BOK) has continued to stand pat following rate freezes since February last year after delivering seven consecutive rate hikes from…

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