Saudi Arabia’s Kingdom Holding Co surged yesterday after its main shareholder gave it Citigroup shares worth $597mn, helping the country’s index edge up to a month high. Middle East markets were flat on low volumes as investors await fourth
Qatar’s bourse sustained a bullish run for the second day yesterday as the benchmark gained 0.37% mainly on buying support from local and foreign institutions. The 20-stock measure settled at 7,031.83 points, paced by Doha Bank and Commercialbank (C
The trading pattern on the Abu Dhabi Securities Exchange (ADX) indicated a mixed trend yesterday with telecom, banking and energy stocks falling, and construction, realty and insurance stocks moving up. The ADX general index eased by a marginal 0.29 p
The Bahrain Stock Exchange (BSE) has signed a depository participant (Custodian) agreement with Gulf Custody Company (GCC) - Bahrain. The agreement allows the bank to offer custody services at the exchange to local, regional and international i
Stocks on the Dubai Financial Market (DFM) moved in a mixed trading pattern with the index moving in a restricted range of 25 points on alternate bouts of buying and selling. The DFM general index ended flat at 1819.87 points yesterday, registering a
Saudi Arabias Kingdom Holding Co surged yesterday after its main shareholder gave it Citigroup shares worth $597 million, helping the countrys index edge up to a month high. Middle East markets were flat on low volumes as investors await fo
The Kuwait Stock Exchange (KSE) ended yesterdays session on a mixed note. Global General Index (GGI) posted a marginal gain supported by gains witnessed in the blue chip stocks. Among them, Agility was the leader, which rose for the second con
The Dubai Financial Market finished up on Wednesday despite low trading volume, while Abu Dhabi stocks fell as traders only preferred selected stocks. Most of traders are concentrating only on active stocks like Emaar and Arabtec for their intraday
Saudi Arabia’s Kingdom Holding Co. surged on Wednesday after its main shareholder gave it Citigroup shares worth $597 million, helping the country’s index edge up to a month high. Middle East markets were flat on low volumes as investors await
The Abu Dhabi Securities Exchange (ADX) fell by 0.29% to 2,766.53. Seven stocks remained unchanged, with 11 rising and 13 falling. Invest Bank and Abu Dhabi National Takaful were the days biggest risers, with both going up 10% to Dhs1.98 and Dhs5.