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Category: Trading

Nikkei Index Rebounds Amid Interest Rate Cut Speculations

Tokyo: The Nikkei index of Japanese stocks rose today, surpassing a two-day decline, as investor sentiment improved due to expectations of a Federal Reserve interest rate cut and positive sales reports from major retailers. The resurgence comes as a r…

MSX Climbs 72 Points Amid Surge in Trading Volume

Muscat: The Muscat Stock Exchange (MSX 30) index today closed at 5,102.18 points, marking an increase of 72.3 points, or 1.44%, from the previous trading session’s close of 5,029.89 points.

According to Oman News Agency, the trading value saw a subs…

Gold, Silver Hit Record Highs on Fed Rate Cut Hopes

Muscat: Gold and silver prices surged to record highs today, supported by expectations of a US Federal Reserve interest rate cut in September. Spot gold rose 0.8% to $3,475.72 per ounce, its highest level since April 23, while US gold futures for Dece…

Japan’s Nikkei Dips to Three-Week Low Amid Chip Stock Decline

Tokyo: Japan’s Nikkei share average fell to a three-week low today as chip-related stocks slumped, tracking a technology-led sell-off on Wall Street last Friday.

According to Oman News Agency, the Nikkei dropped more than 2% to 41,849.82 at the midd…