The Kuwait Stock Exchange (KSE) indices continued to go downhill in early trading on Sunday. The price index lost 32.1 points on its way to the 7,000 mark, while the weighted index dropped some 5 points to 393.22 points within the very first hour of
Kuwait Stock Exchange (KSE) recorded considerable losses in the past week as a result of the vast selling activities that dominated trades during the weeks sessions. KSE weighted index recorded a weekly loss of 5.50 percent, while price index declined
Saudi Arabian shares rose the most in a week yesterday, led by Al Rajhi Bank, the kingdom’s biggest lender by market value. The Tadawul All Share Index rose 0.7% to close at 6,296.18, its highest close since November 7. The index has gained 31% this
The Qatar Exchange (QE) showed a mixed performance during the week starting November 8. The official QE price index fell 0.73% over the previous week’s closing and finished at 6,902.63 points last Thursday, while the Alshall index (cap weighted) cl
Kuwait Stock Exchange (KSE) was dramatically hit this week by a selling spree that was spread all across the market sectors. Investors dropping large capitalization stocks also weighted negatively on the index. As measured by Globals weighted Gene
The performance of- GCC markets were depressed during Oct-09 as all GCC markets ended the month in red. Among its peers Kuwait witnessed hardest hit as it declined by 7.2 percent during the month. On the other hand, Saudi market remained quite r
Kuwaits bourse warned on Thursday it would suspend the trading of 25 companies if they fail to publish their third-quarter results by Monday. Trading in the shares of these companies will be halted, if the financial data ... are not submitted by 8:30
Strong selling in large and mid cap equities dragged Qatar’s bourse in the week ended Thursday that saw oil price remaining steady above $79 a barrel on a weak dollar. The greenback hit a 15-month low against a basket of currencies. Local in
Kuwait’s index slumped to a seven-month low yesterday as most other Gulf markets fell, tracking losses in emerging markets. The benchmark fell 1.7% to 7,058 points. “We’re entering dangerous territory,” said a Kuwait trader who asked not to be
Qatar’s bourse fell for the second day yesterday by 1.20%, mainly dragged by QNB, Commercialbank (Cb) and Doha Bank. Local and foreign institutions’ strong profit-booking led the 20-stock benchmark settle lower at 6,902.63 points. The market is ho