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Trump's victory fueled questions about whether the Federal Reserve may proceed to cut rates at a slower and smaller pace
The offering garnered aggregate demand exceeding $37 billion from local, regional, and international investors
U.S. dollar surged to a near four-month high in reaction to the U.S. election exit polls, making bullion less attractive for other currency holders
Brent oil futures expiring in January dropped 0.6 percent to $75.11 a barrel
The cryptocurrency surged as Trump held the lead with 267 electoral votes, compared to 224 by Kamala Harris
Despite markets largely expecting the quarter-point cut this week, gold prices may still see a reaction to the decision
January Brent oil futures had decreased by 0.2 percent to $74.93 per barrel
The offer price range remains unchanged, set between AED1.94 and AED2.04 per share
Uncertainty surrounding the election and the U.S. central bank's policy decision could support gold prices this week
Brent futures had risen by $1.18 per barrel, translating to a 1.61 percent increase, reaching $74.28 per barrel
Outpacing regional markets, the DFMGI surged by 10.9 percent closing at 4,503.48 points, the highest level since 2014
At ADX, there were 549 transactions, encompassing 16.6 billion shares valued at AED55.4 billion
Gold prices have gained over 4 percent in October amid safe-haven flows spurred by Mideast tensions and U.S. election uncertainty
Brent crude futures, now reflecting the January contract, increased by $1.41, or 2 percent, reaching $74.22 a barrel
Consolidated assets increased 4.34 percent from $372.05 million in 2023 to $388.21 million in the nine months ended September 30
Gold prices have gained close to 5 percent so far this month and almost 41 percent in the past year
Brent crude futures were up by 47 cents, or 0.65 percent, reaching $73.02 a barrel
The DFM General Index recorded a 4.1 percent increase in September, its fourth consecutive monthly gain
Markets are also bracing for a series of economic indicators in the coming days
Brent oil futures for December delivery climbed 0.5 percent to $71.50 per barrel
CEPA facilitates UAE service providers' access to various sectors in Vietnam, including business, finance, and tourism
Uncertainty over the outcome of the U.S. election kept traders largely biased towards safe havens such as the dollar and gold
Brent crude futures edged up by 3 cents to $71.45 a barrel
This underscores efforts to diversify MSX by adding key players from various sectors of Oman’s economy
