Saudi Arabia reaffirms support for a secure and stable Afghanistan at UN session    Over 20 million pilgrims benefit from Makkah Grand Mosque's advanced services last year    Alkhorayef highlights promising opportunities for Saudi - Russian industrial collaboration    Saudi, Iranian FMs discuss regional developments    Saudi Arabia sees 51% surge in blockchain business registrations by Q2 2025    XDS Datacentres signs 15-year deal to host 10MW of AI workloads in Saudi's Desert Dragons facilities    Israeli defense minister plans to move Gaza's population to camp in Rafah    Fire at Telecom Egypt building injures 14, disrupts internet and mobile services    Indonesian volcano spews massive ash cloud as it erupts again    Three men found guilty of Wagner-linked arson attack in London    SAMA announces launch of new e-commerce payments interface    Alkhorayef emphasizes Saudi keenness on leveraging Russia's industrial expertise    HONOR returns to Esports World Cup as Official Smartphone Partner for 2025 The renewed commitment will see HONOR elevate mobile esports competition with cutting-edge AI technologies and industry-leading hardware    Riot Games responds to match-fixing allegations in VALORANT    BLAST responds to BESTIA Visa controversy ahead of CS2 Austin major    Christophe Galtier named NEOM SC head coach ahead of historic Saudi Pro League debut    Michael Madsen, actor of 'Kill Bill' and 'Reservoir Dogs' fame, dead at 67    BTS are back: K-pop band confirm new album and tour    Michelin Guide launches in Saudi Arabia with phased rollout in 2025    'How fragile we are': Roskilde Festival tragedy remembered 25 years on    Sholay: Bollywood epic roars back to big screen after 50 years with new ending    Ministry launches online booking for slaughterhouses on eve of Eid Al-Adha    Shah Rukh Khan makes Met Gala debut in Sabyasachi    Pakistani star's Bollywood return excites fans and riles far right    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







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Global stocks bolstered by US earnings, home sales
Published in Saudi Press Agency on 23 - 07 - 2014

Global stocks mostly rose Wednesday, bolstered by solid U.S. earnings and home sales as tensions between Russia and the West over Ukraine eased, AP reported.
Europe markets opened with moderate gains. Britain's FTSE 100 gained 0.2 percent to 6,806.46 and Germany's DAX added 0.4 percent to 9,771.38. France's CAC 40 also advanced 0.4 percent to 4,386.53.
Futures augured a tentative advance on Wall Street. S&P 500 and Dow Jones futures each inched up 0.1 percent.
After U.S. markets closed on Tuesday, two tech giants boosted investor sentiment with their better-than-expected earnings reports.
Apple Inc. reported a 12 percent increase in its quarterly profit, exceeding analysts' estimate. The company said its iPhone shipments rose 13 percent over a year earlier, showing consumers still snapped up its devices even as the next version will likely to come out this fall.
Earlier in Asia, Hong Kong's Hang Seng finished 0.8 percent higher at 23,971.87 and Australia's S&P/ASX 200 rose 0.6 percent to 5,576.70 helped by the brisk output report by mining giant BHP Billiton. Stocks in mainland China and Southeast Asia also closed higher. But Tokyo's Nikkei 225 shed 0.1 percent to 15,328.56 and South Korea's Kospi was steady at 2,028.32.
Indonesian stocks surged about 1 percent in early trading after the official vote count showed Joko Widodo the clear winner of a bitterly contested presidential election.
In energy markets, U.S. benchmark crude for September delivery was down 23 cents to $102.16 a barrel in electronic trading on the New York Mercantile Exchange. The contract slipped 47 cents to $102.39 on Tuesday.
The euro edged up to $1.3467 from $1.3466. The dollar fell to 101.33 yen from 101.47 yen.


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