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Aussie rebounds from decade lows versus greenback

Economies.com
2019-01-07 04:54 UTC

Australian dollar tilted higher in Asian trade off March 2009 lows against its US counterpart, following earlier manufacturing data from Australia and ahead of US data. 

 

As of 04:47 GMT, AUD/USD rose 0.27% to 0.7132, with an intraday high at 0.7138, and a high at 0.7110. 

 

Earlier Australian dollar showed an index tracking the manufacturing sector down to 49.5 from 51.3 in November. 

 

Now investors await US data on the ISM services PMI, expected to have slipped to 59.6 in December from 60.7. 

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Bank AlJazira board recommends SAR0.5/share dividend distribution for FY18

Economies.com
2019-01-06 13:55 UTC

The board of directors of Bank AlJazira recommended the distribution of cash dividends for the fiscal year 2018 at SAR 410 million, or 5% of stock par value (SAR 0.5 per share).

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Main Events on Saudi Stock Exchange this Week

Economies.com
2019-01-05 21:12 UTC

Exclusive – FXNewstoday: Shareholders in the Saudi Stock Exchange (Tadawul) are anticipating the following corporate events during this week, 6-10 January:

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GCC IPO market remains active in 2018, but yet to take off - Report

Economies.com
2019-01-06 13:31 UTC

The IPO market in the GCC remained active in 2018, although primary market issuances cooled off from 2017 levels both in terms of number of issuances and capital raised, said KAMCO Research in a report..

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