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Category: Trading

Tech, Insurance Stocks Lift STOXX 600 to Over 1-Month High

The European shares touched a more-than-one-month high today, boosted by technology stocks ahead of Nvidia’s results later in the day and as Ageas’ better-than-expected results lifted insurance stocks.

The pan-European STOXX 600 index rose 0.2 perce…

Oman Oil Price Declines 2.09 US Dollars

Oman oil price (October delivery 2024) today reached 77.13 US Dollars, comprising a drop by 2.09 US Dollars, compared to the price of yesterday ‘Tuesday’, which stood at 79.22 US Dollars.

The average price of Oman oil (August delivery 2024) stabiliz…

MSX Gains 29 Points

Muscat Stock Exchange (MSX) general index (30) today gained (29.1) points, comprising a rise by (0.62%) to close at (4720.24) points, compared to the last session, which stood at (4691.12) points.

The trading value today stood at (RO 4,472,646), com…

Oil Rebounds as Demand Concerns Whipsaw Investors

Oil rebounded today after a sharp drop in the previous session ended a three-day streak of gains as investors have whipsawed worries about global fuel demand.

Brent crude futures were up 25 cents, or 0.31%, at $79.80 a barrel. US West Texas Intermed…

China’s Central Bank Conducts $38.94 Billion Via Reverse Repos

China’s central bank conducted 277.3 billion yuan (about 38.94 billion US dollars) of seven-day reverse repos at an interest rate of 1.7 percent today.

The People’s Bank of China said in a statement that the move aims to keep liquidity reasonable an…