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DGCX First Quarter Volumes Up 112%

April 5, 2013 13:30
March volumes on the Dubai Gold and Commodities Exchange (DGCX) almost doubled from last year, pushing first quarter volumes past the three million contract mark. Q1 2013 volumes rose 112% from Q1 2012 to reach 3,281,234 contracts while volumes in March 2013 surged 95% from the same month last year to total 1,072,052 contracts.Currency volumes in March were up 102% from the previous year driven by brisk trading in Indian Rupee futures, which maintained a strong growth momentum across the first quarter.

Commodities rocked by growing US economic gloom

April 5, 2013 12:31
Most commodity prices fell this week after a surprisingly bad labour report in the United States, which is a top consumer of many raw materials, while Brent oil also struck a five-month low on fears of a supply glut. The US labour market was far weaker than expected in March, with the economy adding only 88,000 jobs, a third of the number in February, official data showed on Friday.

dividends-law revision

March 30, 2013 23:00
SEOUL, March 31 (Yonhap) -- South Korean listed companies' dividend payouts to their shareholders will decline sharply from this year due to the amendment of a related law, sources said Sunday. The government has revised an article of the Commercial Law to prohibit listed companies from covering their future losses with "unrealized" profit, which experts say will inevitably lead to a tumble in listed firms' dividend payments. Unrealized profit, also called paper profit, refers to profit which has been made but not yet realized through a transaction.

Dollar falls against the yen; bond yields decline

March 13, 2013 11:45
By Leah Schnurr NEW YORK (Reuters) - The U.S. dollar tumbled against the yen on Friday after the Bank of Japan left its monetary policy unchanged, while benchmark U.S. bond yields fell to near 4-1/2-month lows after the U.S. economy grew less than expected in the first quarter.

FTSE snaps three-day rally after miner weakness

March 13, 2013 11:31
By Alistair Smout LONDON (Reuters) - The FTSE 100 fell on Friday after a three-day rally, as investors backed away from riskier sectors and U.S. GDP figures came in below expectations. Material and energy stocks, which are sensitive to optimism over the global economic outlook, took 26 points off the FTSE 100, dragging the index into negative territory.

US STOCKS-Wall Street to climb at open on strong payrolls report

March 8, 2013 10:45
* U.S. non-farm payrolls easily tops expectations * China exports grow in February * Futures up: Dow 116 pts, S&P 6.4 pts, Nasdaq 9.5 pts By Chuck Mikolajczak NEW YORK, March 8 (Reuters) - U.S. stocks were poised for a higher open on Friday, with the S&P 500 on track to rise for a sixth straight session and the Dow set to scale fresh peaks after a much stronger than expected payrolls report.

US STOCKS SNAPSHOT-Futures add to gains on strong jobs report

March 8, 2013 10:00
NEW YORK, March 8 (Reuters) - U.S. stock index futures jumped on Friday after data showed U.S. employers stepped up hiring in February, pushing the unemployment rate to a four year-low. S&P 500 futures rose 6.1 points and were above fair value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract. Dow Jones industrial average futures gained 116 points, and Nasdaq 100 futures NDc1 added 9.5 points.

European stock index futures signal higher open

March 8, 2013 03:30
LONDON, March 8 (Reuters) - European stock index futures rose on Friday, with equities buoyed by fresh signs of Chinese economic growth and on expectations that U.S. data later in the day will show a further pick-up in employment. By 0703 GMT, futures for the Euro STOXX 50 were up by 0.5 percent, while futures for Germany's DAX rose 0.3 percent and the futures for France's CAC advanced by 0.4 percent.

US STOCKS-Futures edge up, jobless claims on tap

March 7, 2013 08:45
NEW YORK, March 7 (Reuters) - U.S. stock index futures rose slightly on Thursday, ahead of data on the jobs market due later in the morning, with investors poised to push the rally to new highs. * The Dow racked up record levels for the second day in a row on Wednesday, while the S&P 500 inched up to just 1.5 percent below its own record close.

European stock index futures turn higher

March 6, 2013 04:15
LONDON, March 6 (Reuters) - European stock index futures turned higher ahead of the cash market open on Wednesday, with investors piling in to a rally to multi-year highs and Vodafone expected to gain on the back of merger talks. At 0750 GMT, futures for Euro STOXX 50 were up 0.1 percent, reversing earlier losses. Futures for FTSE 100 surged 0.5 percent, while those for Germany's DAX and France's CAC were 0.3 and 0.2 percent higher respectively.
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