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The JSE was lower in early trade, with resources leading the losses on the back of weaker global markets.
July 6 (Bloomberg) -- The pound tumbled and 10-year gilt yields fell by the most in more than two weeks as stocks declined on growing concern the economic recovery will peter out, crimping corporate earnings.
July 6 (Bloomberg) -- Indian stocks fell the most in three months as Finance Minister Pranab Mukherjee said the fiscal deficit may rise to 6.8 percent of gross domestic product in the year ending March 31, the most since 1994. The rupee sank.
U.S. stocks were poised for a lower open Monday after General Motors' bankruptcy plan received a federal judge's approval, and at the start of a week that will kick off second-quarter corporate financial reporting.
Borouge has awarded the three main contracts for the Feed stage of its Borouge 3 expansion in Ruwais, Abu Dhabi to Tecnimont (Maire Tecnimont Group).
LONDON (Dow Jones)--European stocks fell Monday, as economic fears weighed on sentiment in a quiet start to the week's trading.
The surge in US equity markets from their March lows to their June highs has certainly been mightily impressive, with the S&P 500 bouncing back 42 per cent in this time.
July 6 (Bloomberg) -- Indian stocks fell the most in three months as Finance Minister Pranab Mukherjee said the budget deficit may rise to 6.8 percent of gross domestic product in the year ending March 31, the most since 1994. The rupee sank.
Asian stocks were narrowly mixed Monday, undermined by investor anxiety that company earnings will reflect a weaker global economy than originally hoped.
July 6 (Bloomberg) -- Cochlear Ltd. , maker of the world’s biggest-selling hearing implant, may miss its full-year profit forecast as currency movements eroded the value of sales in foreign markets, JPMorgan Chase & Co. said.
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