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Month: September 2024

Bahrain All Share Index marks 1,937.96 points

Manama, Bahrain All Share Index has closed at 1,937.96 points, marking a decrease of 11.59 points below the previous closing.

This decrease was due to the drop in the financial sector.

Bahrain Islamic Index has closed at 810.95 points, marking a de…

Oman Oil Price Declines 1.05 US Dollars

Oman oil price (November delivery 2024) today reached 72.32 US Dollars, comprising a decline by 1.05 US Dollars compared to the price of last Friday, which stood at 73.37 US Dollars.

The average price of Oman oil (September delivery 2024) stabilized…

Oil Prices Jump $1 on Post Selloff Recovery

Oil futures jumped by a dollar in early trading today as markets recovered from a selloff following weaker-than-expected US jobs data on Friday.

West Texas Intermediate crude futures rose $1, or 1.48%, to $68.67 a barrel.

Brent crude futures were u…

Gold Slips Below $2,500 Mark

Gold prices remained steady today and was trading slightly below the key $2,500 an ounce level, as the market awaited August inflation data for further insights into the anticipated Federal Reserve interest rate cut this month (September 2024).

Spot…

China’s Consumer Prices Rise 0.6% in August

China’s consumer prices continued to rise in August amid a sustained recovery of domestic demand, official data showed today.

The consumer price index (CPI), a main gauge of inflation, was up 0.6% year on year last month (August 2024), quickening fr…