Investors are also hedging on shares of oil and gas and defence sectors to play safe if Trump gets elected in the November 5 election
stock market volatility
Latest in stock market volatility
Asian stock markets
Tokyo’s Nikkei index dives 3% on Monday morning hours on global cues
Japanese market performance followed a global slump caused by a weaker than expected US jobs growth and speculation over a Fed rate cut
Arab stock markets
UAE holiday dates; 4-day week in Dubai; Saudi labour law changes; UAE casino update – 10 things you missed this week
UAE holidays, 4-day working week, Saudi labour laws, Ras Al Khaimah casino update, Mo Vlogs and more top stories this week
market meltdown
Markets meltdown: 5 reasons why stocks crashed in ‘perfect storm’ of AI, rate hikes and jobs fears
A perfect storm of financial circumstances led to global markets meltdown said Saxo Bank’s Chief Investment Strategist
Adani Enterprises
Adani Group’s market value drops below $100bn amid short-seller report fallout
The crisis has also dragged billionaire Gautam Adani’s net worth down to $49.10 billion, sending him from the 2nd to 25th rank on the global rich list, according to Bloomberg
Adani Enterprises
Adani stocks in free fall as four counters hit 5% lower circuit limit
The rout in the shares comes even as the embattled port-to-power group makes efforts to placate investors, feeding news about its plans to prepay some of the company loans
Adani Enterprises
Adani stocks in freefall Thursday following MSCI news
The group flagship Adani Enterprises was the worst performer, locked in the 15 percent lower circuit limit
Adani Enterprises
Adani crashes another $6bn on day 8 of Hindenburg scandal
The group belonging to the billionaire Indian businessman Gautam Adani was facing market ire following the release of the explosive report by Hindenburg Research on January 24, wiping out $133 billion in market valuation
Abu Dhabi bourse
Interest rates hike impacts UAE bourses, with DFM closing 0.77 percent down on Thursday
The Abu Dhabi bourse, however, ended almost flat
DFM
Union Coop shares fall 10 percent in early trading after DFM debut
One of the biggest supermarket chains in Dubai, Union Coop earlier announced the listing amid a spate of initial public offerings in the region’s capital market scene
Day trading
It is time for traders to fasten their seatbelts for turbulent markets
With energy costs soaring, a war in Europe, and an evolving pandemic, there has never been a greater need for traders to keep a cool head
banking industry
How will the volatility of the European banking sector impact the Middle East?
Do past and present circumstances paint a dark picture for investors who historically look for stability and profit in the European banking sector? Read what the experts have to say
Ahmed Abdulrahman Al Jarman
Stock markets react to attack on nuclear plant while UAE calls for de-escalation of the Russia Ukraine war
Ukrainian officials say Russian troops have shelled Europe’s biggest nuclear plant as the conflict deepens, while the UAE calls for a return to talks and a diplomatic solution
Brent Crude
Oil climbs to highest peak since 2008, as Russia-Ukraine war enters Week 2
Brent crude continued its rally, jumping 5.3% to $118.86 a barrel, as trade disruption, supply chain issues, and sanctions on Russia over its war in Ukraine kept energy markets on edge
Commodities
Russia-Ukraine invasion stokes inflation fears as crisis deepens: Experts
Russian military action in Eastern Europe is causing short-term pain for investors around the world
Bitcoin
Crypto crashes and stocks fall while oil, gold and bonds jump after Russia’s Putin announces Ukraine military action
Russia’s state-run newswire TASS said President Vladimir Putin will conduct a military operation in eastern Ukraine, the announcement hit global markets
Middle Eastern stock markets
Covid-19 variant sends Middle East stocks into nosedive after oil slump
Dubai’s benchmark gauge dropped the most, tumbling 5.2 percent as of 3:40 p.m. local time, its sharpest loss since March 2020