Institutional buying helped Egypt’s index rise to a 10-week high on Tuesday, but most Middle East bourses fell, tracking losses on global markets as nervous investors sold after a muted start to the earnings season. The Saudi bourse fell for the fir
UAE bourses on Tuesday turned bearish as investors cashed in on the previous day’s gains. Dubai’s benchmark index ended lower for the seventh session in eight, slumping to a six-week low while Abu Dhabi’s measure dropped to the same milestone,
Borse Dubai Limited said on Tuesday that it would exercise an option to extend for one year a $2.5 billion syndicated loan, which is due for repayment next month. Borse Dubai, the holding company of Nasdaq Dubai and the Dubai Financial Market, said in
Saudi Arabia's Tadawul All Share Index (Tasi) slipped 0.63% to 6,368, as all sectors ended lower. Overall, 87 stocks fell while 31 ended higher, with Kingom Holding, the day's most heavily traded stock, falling 2.86% to SR6.80.
The Qatar Exchange pursued its upswing trend Tuesday adding 48.72 points or 0.72% to 6,803.45 points from 6,754.73 Monday. The volume of shares traded on Qatar Exchange rose to 6,464,042 from 5,411,876 on Monday; the value of shares was up to
The Dubai Financial Market fell 1.57% to close on 1,661, as 22 of the 27 stocks traded on the day ended lower. The day's most heavily traded stock, Emaar, fell 3.21% to Dhs3.32, while Gulf Finance House posted the day's biggest gain, up 6.78% to
The Abu Dhabi Securities Exchange fell 0.89% to 2,655 as 22 of the 30 stocks traded ended lower. The day's most actively traded company, Aldar, slipped 1.29% to Dhs4.60, while the day's biggest decliner was Abu Dhabi National Insurance Company, whic
The price index of Kuwait Stock Exchange jumped up 15.2 points by end of trade Tuesday, registering 7,012 points, while the weighted index increased 0.84 points, registering 381.95 points. The session saw 7,123 trades at KD 59,972,360 with 651
Dubai shares declined to their lowest level in more than a month led by Emaar Properties PJSC and Emirates NBD PJSC as investors awaited fourth-quarter earnings and oil fell for a sixth day. Emaar, the United Arab Emirates’ biggest developer, fell to
The price index of Kuwait Stock Exchange (KSE) was up 1.1 points to 6,997.9 points by 11:15 a.m. Tuesday. Trading volume came to some 435.5 million shares at KD 39 million, changing hands over 4,855 spot transactions.