360° Coverage : Kuwait- KSA index sheds 9.55 pts as volume ebbs

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Kuwait- KSA index sheds 9.55 pts as volume ebbs

Source: Middle East North Africa Financial Network, Nov 26 2012, 2:24am CST

(MENAFN - Arab Times) Kuwait stocks pulled lower Sunday, snapping the four-day advance which lifted the bourse to a four-week high in the previous session. The index fell 9.55 points in volatile session weighted by moderate profit taking in select mid a ...

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20 hours ago

Small old Indian private banks winessing activity in ownership structure

Source: Keralanext | May 25 2013, 6:47am CDT

While some of these investments are part of routine financial transactions, certain investments could be part of a larger strategy by financial institutions for possible take-over of smaller banks to gain entry to the banking sector, analysts said. ...

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1 day ago

Raiffeisen chief Stepic offers to quit as offshore probe widens on investments

Source: Irish Independent | May 24 2013, 11:07pm CDT

RAIFFEISEN Bank International chief executive officer Herbert Stepic offered to resign from eastern Europe's second-biggest lender, a day after officials began a probe into his investments through offshore accounts. Raiffeisen will "promptly consider ...

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25 weeks ago

Quote:
"It was a seller's market with retail investors making a quick buck - people were buying again into small and big-cap stocks which is a good sign ... They believe the momentum will continue."

Source: Middle East North Africa Financial Network

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Anchor Bancorp Wisconsin Inc. Announces Fourth Quarter and Fiscal Year Results

Source: Street Insider | May 24 2013, 6:12pm CDT

MADISON, Wis., May 24, 2013 (GLOBE NEWSWIRE) -- Anchor BanCorp Wisconsin Inc. (OTC Market: ABCW) today announced a net loss available to common equity of $17.5 million, or $0.82 per common share, for the t ...

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1 day ago

National banks’ realty investments up

Source: GulfToday.ae | May 24 2013, 4:16pm CDT

ABU DHABI: The real estate investments of the listed national banks grew by 11 per cent last year, exceeding Dhs7.6 billion by the end of December 2012 compared with around Dhs6.8 billion by the end of the ...

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Huge volumes of Bankia shares change hands again

Source: El Pais | May 24 2013, 11:15am CDT

Massive amounts of shares of nationalized bank Bankia exchanged hands on Friday for the second day running ahead of the swap of hybrid debt instruments for shares next week, prompting the National Securities Commission (CN ...

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1 day ago

Kenya: Insurance Firms' Prices Not Reflecting Bullish Market

Source: AllAfrica.com | May 24 2013, 3:57am CDT

The Nairobi all share rallied 1.744% to close at a fresh all time record high. The all share is +35.916% in 2013. The all share has accelerated +8.075% higher over the last four weeks. The Nairobi NSE20 improved 4.89 po ...

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2 days ago

Asian Markets Mixed Amid Cautious Trades

Source: RTTNews | May 23 2013, 9:55pm CDT

Asian stock markets are trading mixed on Friday, with investors mostly treading cautiously after the previous session's sharp setback. The Australian market is trading notably lower, with stocks from across various sectors ...

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2 days ago

NewDominion Bank says it has exceeded $10 million capital goal

Source: Charlotte Business Journal | May 23 2013, 1:39pm CDT

A digest of important news from sources selected by our local editors. Delivered weekday mornings. Adam O'Daniel covers banking, entrepreneurs and technology for the Charlotte Business Journal. NewDominion Bank says it will l ...

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2 days ago

Pan Pacific Bank Announces Five Consecutive Profitable Quarters

Source: PR Newswire | May 23 2013, 8:45am CDT

FREMONT, Calif., May 23, 2013 /PRNewswire/ -- Pan Pacific Bank (OTCBB:PPFC) today announced its unaudited financial results at and for the quarter ended March 31, 2013, including Net income for the quarter of $88,392, total assets ...

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360° Coverage : Kuwait- KSA index sheds 9.55 pts as volume ebbs

Kuwait- KSA index sheds 9.55 pts as volume ebbs

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Quote: "It was a seller's market with retail investors making a quick buck - people were buying again into small and big-cap stocks which is a good sign ... They believe the momentum will continue."

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Quote:
"It was a seller's market with retail investors making a quick buck - people were buying again into small and big-cap stocks which is a good sign ... They believe the momentum will continue."