Out of bounds

Out of bounds







low European stocks fell to their lowest level since March as trading-related companies fell and some stocks began trading without the right to dividends, casting a shadow over a number of
optimistic results reports .
The European Stoxx 600 index closed 1 percent lower at 376.05 points, having touched 375.42 points, its lowest level since March 28, as core resources and banks fell. The euro zone's leading stock index fell 1.1 percent. In London, the FTSE 100 index shed 1.4 percent, with shares in big companies such as Anglo American, PTT, Rio Tinto and Lloyds trading without the right to dividends, Germany's DAX gained 1.2 percent.
The focus returned to corporate results after high-risk assets were adversely affected worldwide yesterday as a result of heightened political tensions between the United States and North Korea. AIGON Insurance and Coca-Cola rose 5.3 percent and 9.2 percent, respectively, after their better-than-expected results.



WASHINGTON - The
dollar fell to an eight-week

low against the yen on Thursday as investors headed for risk-taking assets amid tensions between the United States and North Korea.
The dollar fell 0.53 percent against the yen to 109.48 yen, after briefly dropping to 109.53. The Japanese currency rallied broadly against most major currencies, including the euro, the New Zealand dollar and the pound.
"The yen is really a big story," said Sean Osborne, chief exchange analyst at Bank of Scotia in Toronto. Risk aversion is still in the markets. " The Swiss Franc and the Yen made impressive gains against the Dollar yesterday, after US threats to North Korea.
The dollar index, which measures the strength of the currency against six major currencies, is up 0.03 percent at 93.577. The euro was down 0.18 percent against the greenback, but remains the best performer among major currencies since the start of the year, gaining more than 11 percent against the dollar.



Cairo ,
Egypt gets $ 40 billion since floatation ,

said the agency "Bloomberg US economic" Egypt attracted about $ 40 billion through investments and remittances from abroad since the flotation of its currency last February.
The agency quoted Deputy Central Bank Governor Rami Abul-Naga as saying that the funds included export revenues, dollar sales by investors to buy Egyptian assets, dollar exchange operations and remittances from Egyptians
abroad.
According to Abu Naga, this amount does not include loans received by Egypt from the IMF or European bonds sold by Egypt this year.
Investors have pumped money into stocks and bonds since the start of the economic reform process, which removed most of the currency restrictions, raised interest rates and cut fuel subsidies, the agency said.
Central bank reserves rose to more than $ 36 billion, a record high, according to Bloomberg, where the market attracted more than $ 15 billion in foreign inflows. Investors have pumped money into stocks and bonds since the start of the economic reform process, which removed most of the currency restrictions, raised interest rates and cut fuel subsidies, the agency said. Central bank reserves rose to more than $ 36 billion, a record high, according to Bloomberg, where the market attracted more than $ 15 billion in foreign inflows. Investors have pumped money into stocks and bonds since the start of the economic reform process, which removed most of the currency restrictions, r

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