Stricter regulatory scrutiny of companies with plans to list and a lack of liquidity in certain markets are the key factors responsible for the low volume of IPOs in the GCC in the last 12 months, experts said. Other issues hitting the IPO issua
The Tadawul All-Share Index inched up to add 0.60 percent during the first couple of hours trading on Tuesday 21st May 2013. The index while trading between a range of 60 points reached at 7,351.54, adding 44.18 points. The market breadth was strong
The QE Index declined slighty to reached at 9,020.44 levels during the first couple of hours trading on Tuesday 21st May 2013. The index dropped 43.87 points or 0.48 percent. Banks & Financial Services, Real Estate and Transportation sectors dropped 0
The DFM General Index sustained its downward march during the first couple of hours trading on Tuesday 21st May April 2013. The index spending almost the entire session below the break even line trimmed 15.37 points or 0.66 percent to reach at 2
The ADX General Index hovering between north and south stepped down further to reach at 3,507.76 levels during the first couple of hours trading on Tuesday 21st May 2013. The index trimmed 15.58 points or 0.44 percent. Energy and Industrial sector
Strong buying, notably in realty and transport counters, helped the Qatar Exchange maintain its index above 9,000 points and capitalisation above QR502bn. Local retail investors were seen instrumental in lifting the 20-stock Qatar Index (based on pr
The Saudi stock market sustained its upward march yesterday, closing the fourth consecutive session with balmy gains (+7.02 points). Saudi Arabia’s benchmark stock index (TASI) added further 0.1 percent to finish at 7,307.36 points. While curving ab
Abu Dhabi National Energy Company, also known as Taqa, is exploring the possibility of a dual listing on the London Stock Exchange as a potential option to improve the liquidity of its shares and open up to foreign investors. The move, complementing i
Aldar Properties and Sorouh Real Estate shares rose more than 14 per cent to touch their maximum price ceiling yesterday as volumes more than tripled amid investor speculation that shares post-merger will trade at a premium The trading bonanza helped t
The DFM General Index inched down to drop 0.21 percent during the first couple of hours trading on Monday 20th May 2013. The index wavering between north and south trimmed 4.88 points to reach at 2,347.33. The market breadth was negative with 12