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The Australian share market has plunged again at the open on the back of another big fall on Wall Street overnight. At 8.50am, the benchmark S&P/ASX200 index was down 100.2 points, or three p
The Australian share market has plunged again at the open on the back of another big fall on Wall Street overnight. At 8.14am, the benchmark S&P/ASX200 was off 110.70, or 3.3 per cent, to 3242.2 while the broader All Ordinaries index was down 107.1 points, or 3.2 per cent, to 3225.5.
VANCOUVER, BRITISH COLUMBIA-- -
Gulf stock markets closed the last day of the trading week Thursday mixed but Kuwaiti shares continued their recovery on the back of a government rescue plan. Trading in the week was mostly quiet with a much lower turnover than previous weeks as many investors shunned the markets in panic of facing more losses, traders said.
KUWAIT CITY: Kuwaiti shares continued their recovery on the back of a government rescue plan. The Kuwait Stock Exchange, the second largest bourse in the region, closed higher for the third day in a row after the government said it will set up an $11bn fund to buy shares on the market.
DUBAI - Shares in the Dubai Financial Market (DFM) ended the week on a negative note that saw a run down by Emaar Properties and Amlak Finance.
With banks facing strain again, governments must complete recapitalization plans and take further steps to prevent excessive belt-tightening.
Foreign funds operating in the Colombo bourse have exited to the tune of Rs. 5.3 billion in capital outflows in just two market days- Wednesday and Thursday, largely a sequel attributable to premier John Keells Holdings PLC’s share buy back.
EBRD To Raise Investments by 20% Next Year To Combat Crisis in CEE Nov 20, 2008, 11:32 CET | Story | SeeNews SOFIA (Bulgaria), November 20 (SeeNews) - The European Bank for Reconstruction and Development (EBRD) said on Thursday it will raise investments by 20% to up to 7.0 billion euro ($8.77 billion) next year in response to the severe impact of the global economic crisis on central and eastern ...
HONG KONG"S First Pacific Co. Ltd. will buy a 20% stake in listed Philex Mining Corp., the country"s biggest miner, for P6.17 billion.
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