Fri, 4 April
9.1 C
Yerevan
USD: 391.32 RUB: 4.67 EUR: 432.53 GEL: 141.78 GBP: 514.27
spot_img

Dow Jones plummets 800 points

YEREVAN, August 15. /ARKA/. The Dow Jones has plunged 800 points, or 3% onThursday, making the worst stock market day this year, while the broader S&P 500 sank also 3% and is now more than 6% off its July peak, The Guardian reports.

According to the media source, the selling continued in Asia on Thursday with the Nikkei down 1.38% and the benchmark Australian market suffering its worst day since last October by dropping 2.74%. Losses were more modest in Shanghai and Hong Kong, The Guardian reports.

But oil prices continued to fall after sinking 5% on Wednesday as fears of a global slowdown intensified. For the first time ever recorded, the yield on 30-year US treasuries dipped below 2% on Thursday. –0—

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

Arka news agency’s ranking of most profitable Armenian banks in 2019

In 2019, Armenia-based commercial banks earned a total of 78.8 billion drams in net profit, up from 56.4 billion drams they had earned in 2018, according to ARKA news agency's ranking of the most profitable commercial banks in the fourth quarter of 2019

Ranking of biggest profit-gainers among Armenia’s banks for Jan-Sept 2019

ARKA News Agency has released the ranking of the biggest profit-gainers among Armenia's commercial banks for Jan-Sept 2019. The Armenian banking sector's aggregate net profit for Jan-Sept 2019 amounted to AMD 60.9 billion against the AMD 51.7 billion of the same period a year before showing a 18% year-on-year growth. All the 17 banks of the country operated with profits

LATEST NEWS

spot_imgspot_imgspot_img