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Copper rebounds, yet 11-month highs prove elusive
Social media platform's stock market debut signals confidence in growth potential
Copper retreats from 11-month highs amid growing concerns over China
Declining gasoline supply in the U.S. indicates potential slowdown in crude demand
IPO resulted in market capitalization of AED6.30 billion upon admission
Resurgence of copper rally takes center stage, PMIs come into focus
The expectation of limited supplies continued to support crude prices
To cater to investors with different investment horizons, the issuance has been divided into three tranches
The Dubai-based company is selling about 27 million shares at a price of $59 per share in a secondary offering
Prices hold steady above $2,150
Fed, PMIs awaited for more economic cues
The T-bills with a maturity period of 28 days have been allotted a value of $12.98 million
Gold holds above $2,150 support level
Surging prices fueled by refinery activity, China demand, and Middle East disruptions
From abysmal lows to historic highs and rapid descends, Bitcoin is doing what it does best
The recent attacks on refineries added a risk premium of $2-$3 per barrel to crude prices
Tadawul and ADX stand out as largest regional markets
The precious metal struggles to overcome resistance level of $2,200
Surprise decline in U.S. crude stockpiles supports prices
Copper prices cooled down after reaching 11-month highs
Parkin will commence trading on the DFM on March 21, 2024
Surprising drop in U.S. oil and gasoline inventories points to increased demand from top fuel consumer
The DFM General Index ranked 5th globally in 2023