The MSM30 index continued to gain for the fourth consecutive day to close at 6,388 points, 0.110 per cent higher. The advance to decline ratio at the end of the trading session stood at 1.44:1. The total shares exchanged decreased by 35.8 per cent to
Kuwaiti mobile telephone firm Zain’s and logistics provider Agility took a beating yesterday and hammered the index to a 33-week low. Zain tumbled 4.2% on a report that Indian state telecom company Bharat Sanchar Nigam could stay out of a group lo
Qatar’s bourse stretched a winning streak to the third day yesterday on local institutions’ increased buying as the benchmark rose 1.98% to cross the 7,100 mark. Led by Qatar Islamic Bank (QIB), Commercialbank (Cb) and QNB, the 20-stock index reac
The Abu Dhabi Securities Exchange (ADX) retreated for a third consecutive session yesterday amid weak sentiment and a lack of buying interest. The general index fell 14.16 points, or 0.48 per cent, to 2,949.69 points. Turnover surged significantly as
Turnover on the Dubai Financial Market hit a 12-week low yesterday as investors remained on the sidelines in anticipation of a new correction on global markets that may drag local markets down. Some 155.6 million shares worth Dh323.2 million chang
The Kuwait Stock Exchange (KSE) continued to plunge yesterday for a second trading session in a row. During the last two days the KSE lost KD1.86bn of its market capitalization. Global General Index (GGI) lost 12.85 percent from its value since the
Dubai shares pulled back on Wednesday, weighed down by property and banks, as investors tracked mixed trading in Asia. Dubai index mover Emaar Properties fell by 1.6 per cent to Dh4.43. Stock market operator, Dubai Financial Market PJSC, slipped by 1.
Kuwaiti mobile telephone firm Zain’s and logistics provider Agility took a beating on Wednesday and hammered the index to a 33-week low. Zain tumbled 4.2 percent on a report that Indian state telecom company Bharat Sanchar Nigam Ltd. (BSNL) could sta
The price index of Kuwait Stock Exchange (KSE) ended trade Wednesday with a drop of 70.8 points to 6,705.3 points, while the weighted index came to 368.54 points after a decrease of 5.25 points. Trades came to 4,885 transactions at KD 44 million with
The Qatar Exchange pursued its upswing trend Wednesday adding 138.17 points or 1.98% to 7,127.20 points from 6,989.03 Tuesday. The volume of shares traded on Qatar Exchange rose to 15,258,689 from 13,626,889 on Tuesday; the value of shares was up to