European equities rose on Friday, briefly testing last week's 14-month highs, propelled by gains in banking shares on speculation Spain was moving towards a bailout request, but the uncertain economic outlook could hold back the market.
Euro zone banks rose 2.4 percent, driven by Spain's BBVA and Banco Santander, as Madrid was said to be taking steps to meet conditions for an international rescue, which could pave the way for monetary support from the European Central Bank.
The pan-European FTSEurofirst 300 index provisionally closed at 1,119.46 points, up 0.4 percent on the day and broadly flat over the week, which was marked by soft economic data from the euro zone and China curbing optimism over the impact of stimulus action by central banks.
Gold price is still not stabilized in India like everywhere else. After going down, the g
Gold price opens lower in Hong Kong
The gold price in Hong Kong went down 180 HK dollars to open at 12,720 HK dollars per tael on Thursday, according to the Chinese Gold and Silver Exchange Society.
The price is equivalent
Market Cap Indices Turn Red at Qatar Exchange
The QE index spending almost the entire session below the break even line witnessed a bearish trend on Thursday 23rd May 2013. The index dropping 37.28 points or 0.41 percent reached at 9,048.62 leve
Small Cap and Large Cap Push ADX Index Lower
The ADX General Index sustained its downward march and finished the session with a decline of 1.23 percent on Thursday 23rd May 2013 . The index dropped 43.02 points, closing at 3,460.36.
M
WEF to focus on challenges
Leaders from the Middle East and North Africa in business, economics and politics will focus on the aftermath of the Arab Spring as they gather for the World Economic Forum in Jordan this weekend.