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Money Expo Colombia 2024 is the premier gathering for Traders, Introducing Brokers, Investors, Financial Institutions,…

The Indian rupee remained largely steady on Tuesday, mirroring the stable performance of its Asian counterparts and the relatively unchanged US bond yields as traders anticipated fresh insights from upcoming economic data later in the week.

Gold prices dropped by nearly three dirhams per gram in the UAE on the first trading day of the week. In the UAE, the 24K variant of the precious metal was trading at AED 286.75 per gram at 9 am on Monday, compared to AED 289.5 per gram at the close of the markets on Friday. Meanwhile, 22K, 22K, and 18K declined to AED 265.5, AED 257.0, and AED 220.25 per gram, respectively.

On Monday, gold prices continued their unprecedented surge, with spot gold rising by 0.3% to…

During this week’s trading, the stock markets in the UAE saw an inflow of approximately AED 6.5B, with particular attention given to stocks in the real estate, financial, and banking sectors.

The Tata Group, boasting numerous prominent entities on Indian indices such as Tata Motors and TCS, is anticipated to introduce several additional IPOs within the next 2-3 years. This development arises as Tata Sons, its holding company, faces a looming deadline for its own IPO.

Abu Dhabi’s Lunate Capital, licensed by the ADGM Financial Services Regulatory Authority (FSRA), has unveiled the launch of the Chimera JP Morgan UAE Bond UCITS ETF, the UAE and GCC’s premier UAE bond Exchange Traded Fund (ETF).

Parkin has declared an upsurge in the number of shares available in the UAE Retail Offer of its initial public offering (IPO) due to high demand from retail investors.

Shares of the integrated marketing services company RK Swamy had an unimpressive start on the stock exchanges, opening with a 13% discount compared to the issue price of Rs 288.

Tokyo shares continued to advance during early afternoon trading on Thursday, with the key Nikkei index surging more than 2 percent.