The Kuwait Stock Exchange (KSE) ended first trading session of the New Year on a negative note led by declines witnessed in several of the blue-chip stocks. Global General Index (GGI) shed 4.42 points (-2.38 percent) during yesterdays session to rea
Dubai led most Middle East markets lower on Monday as investors booked profits from the previous day’s two-week high and analysts warned further declines are likely, although Saudi Arabia was buoyant as oil prices spiked. Dubai’s main index fell 2.6 p
Dubai led most Middle East markets lower on Monday as investors booked profits from the previous day’s two-week high and analysts warned further declines are likely, although Saudi Arabia was buoyant as oil prices spiked. Saudi Basic Industries Corp
Emaar Properties lifted Dubai’s index to a two-week high on Sunday, a day before the official opening of Burj Dubai, the developer’s flagship project and the world’s tallest structure. In a sentiment-driven rally, Emaar surged 7.8 percent to its h
The UAE stock markets ended the first trading day of the New Year in a positive territory with the rebound led by real estate stocks. There was a feel-good factor in the market generated by Monday's scheduled opening of Emaar's Burj Dubai - the wo
he capital of the listed companies on the Qatari bourse (Qatar Exchange) rose more than QR7.22bn in 2009 over the previous year taking the total from QR60.5bn in 2008 to QR67.72bn by last year-end. Two new companies were listed on the exchange last
The Dubai Financial Market fell 2.60% today to close on 1,817, as only one of the 28 stocks traded on the day finished higher. Takaful-Emarat was the days gainer, up 2% to Dhs1.16, while Hits Telecom had the days biggest loss, falling 9.35% to Dhs1.26.
Dubai bluechips give up gains as investors book profits from the early-session two-week high. Emaar Properties fell 2.4 per cent, with traders little moved by the firm saying it will make a 10 per cent return on Burj Dubai. The developer also ruled out
The Abu Dhabi Securities Exchange fell 0.51% today to close on 2,758 as all sectors finished lower save real estate and consumer. Overall, 20 stocks finished lower, 10 rose, and five were unchanged, with Abu Dhabi National Hotels leading all stocks w
Saudi Arabias Tadawul All Share Index (Tasi) closed up slightly by 0.84% to 6,201. Saudi Basic Industries (SABIC), the Middle Easts largest listed company, was the days big gainer, rising 3.30% to SR86.00. Overall, 68 stocks rose while 52 declin