Market

US Stocks Open Mixed as Wall Street Trading Begins

New york: Major US stock indexes opened mixed on Wednesday as trading began on Wall Street. The Dow Jones Industrial Average fell 6.1 points, or 0.01 percent, at the open to 51,660.75, indicating a slight drop in investor confidence.

According to Qa…

Dukhan Bank Secures USD 500 Million Through AT1 Sukuk Issuance

Doha: Dukhan Bank announced the successful issuance of Additional Tier 1 (AT1) capital sukuk worth USD 500 million, with a non-call period of 5.5 years and a fixed profit rate subject to reset, yielding 6 percent. The issuance has been touted as achie…

Oil Falls 0.5%, Extending Losses Near Four-Month Lows

London: Oil prices edged lower on Wednesday, extending losses from the previous session, and trading near four-month lows reached a day earlier. Brent crude fell 37 cents, or 0.5%, to $76.71 a barrel, while US West Texas Intermediate (WTI) crude futur…