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MIDEAST STOCKS-Mobily drags on Saudi Arabian stocks; oil price weighs

DUBAI, Aug 3 (Reuters) – Saudi Arabia’s stock market slipped in early trade on Monday as telecommunications firm Mobily dropped after restating earnings and Egypt’s bourse also edged down. The main Saudi index fell 0.2 percent and the most traded … Continue reading

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GLOBAL MARKETS-Greek stocks bashed at restart, China woes go on for commodities

* Weak China July PMI dampens risk sentiment * Commodities remain on the back foot, crude extends losses * Dollar steadies after being hit by weak U.S. wages data * Greek stocks slump 23 percent, European stocks subdued By Marc … Continue reading

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Asia stocks mostly down as China manufacturing slows

Hong Kong (AFP) – Asian markets fell Monday as China shares were dragged down by poor manufacturing figures and investors followed a drop on Wall Street. A private survey of Chinese manufacturing activity showed a decline to a two-year low … Continue reading

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Among stock market falls, some Greek listings outperform

ATHENS (Reuters) – Although Greece’s stock market .ATG had plunged more than 18 percent by mid-session on Monday, some listings were attracting buyers at lower levels, suffering smaller losses than banks and the broader market. Unlike the index heavyweight banks … Continue reading

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MIDEAST STOCKS-Saudi Arabia falls on weak oil; Egypt up

DUBAI, Aug 2 (Reuters) – Saudi Arabia’s stock market fell in early trade on Sunday after oil prices dropped, while Egypt’s bourse was rose slightly after encouraging news on the country’s investment projects. The main Saudi index fell 1.7 percent … Continue reading

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Factbox

(Reuters) – The Greek stock market will reopen on Monday after a five-week shutdown brought on by capital controls imposed at the height of the cash-for-reforms crisis with international lenders. Local investors will face restrictions aimed at stemming capital flight. … Continue reading

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MIDEAST STOCKS-Saudi tumbles on oil, earnings; other markets also weak

* All major Gulf markets fall after oil posts sharp July drop * Saudi Arabia, seen by funds as over-valued, leads losses * DAMAC one of few gainers in Dubai ahead of Q2 results, dividends * Industries Qatar also tracks … Continue reading

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Day of losses seen ahead for reopened Greek stock market

By Lefteris Papadimas ATHENS (Reuters) – Greek traders said on Sunday they expected a torrid day of losses when the Athens stock market opens after being shuttered for five weeks as part of attempts to stop Greece’s financial collapse. A … Continue reading

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London close: FTSE finishes on the front foot as investors weigh earnings and data

LONDON (ShareCast) – (ShareCast News) – The FTSE 100 picked up steam to close on a positive note after a mixed day of corporate reports and economic data.In Europe, German retail sales rose 5.1% in June, beating expectations for a … Continue reading

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Greek stock market volatility limit to be cut to 20 percent

ATHENS (Reuters) – The volatility limit at Greece’s stock exchange will be reduced to 20 percent from the current 30 percent when the bourse reopens on Monday following a five-week shutdown caused by capital controls, the exchange said on Friday. … Continue reading

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