Saudi launches new stock trading system
RIYADH: The Saudi stock exchange said it successfully launched a new trading system yesterday designed to enhance market transparency and efficiency. “The Saudi stock market has successfully operated the new trading system with all the operations and the transactions of the first day,” Tadawul said.
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STOCKWATCH Siemens stock trading ex-div, offsetting broker target price hikes
At 1.38 pm the DAX lost 17.28 points or 0.26 pct to 6,702.30. The shares were positively supported by target price rises at Citigroup, JP Morga, West LB and Dresdner Kleinwort, dealers said.
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Bradesco Buys Agora Brokerage for 830 Million Reais
March 6 (Bloomberg) -- Banco Bradesco SA , Brazil's second- biggest non-state bank, bought Agora Holdings SA for 830 million reais ($490 million) in stock, surpassing Banco UBS Pactual and Morgan Stanley in the country's brokerage business.
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Tokyo bourse posts 40 pct profit rise in FY04/05
TOKYO, April 26 (Reuters) - The Tokyo Stock Exchange (TSE), Asia's biggest bourse, reported on Tuesday a 39.5 percent rise in group recurring profit for the last business year as increased trading volume led to higher revenue.
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