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Market

US government cuts 2015 domestic oil production forecast
World oil demand next year is now expected to grow by 880,000 bpd, the agency said on Tuesday. It had previously forecast the year-on-year increase at 1.12 million bpd.
GCC market cap drops 10.6% to $998b in November
Volume traded plunged 0.8 per cent month on month as all markets except Bahrain and the UAE recorded upswing.
Gulf stocks hit hard by slide of oil price
The sell-off in Dubai and across the region came after the price of Brent crude oil hit a new five-year low of $65.33 per barrel.
Oil hits fresh 5-year low
Crude prices may fall as low as $43 next year: Morgan Stanley
India government kicks off privatisation drive
The offer of shares in the countryís biggest domestic steel producer is the first in a string of asset disposals planned by the government led by Prime Minister Narendra Modi.
US, Europe rise on job figures
A strong report on job creation pushed stock indexes higher on Friday, even though the figures may prompt the Federal Reserve to raise interest rates sooner than anticipated.
DFM General Index down 5.8% in November
The market capitalisation decreased at the end of this month by 3.5 per cent to reach Dh357.2 billion, compared to Dh370.3 billion at the end of October.
World stocks rise, euro falls as ECBís easing bets mount
Brent firmer at $71.12, US crude also rises to around $67.65
Equities solid despite global growth fears
Wall Street was set to recover some of the ground it lost Monday with Dow futures and the broader S&P 500 futures up 0.2 per cent.
Stocks, currencies suffer before crude prices recover
US crude and Brent have fallen for five months in a row, oilís longest losing streak since the 2008 financial crisis.
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