The Saudi stock market spending most of the session below the break even line trimmed 18.43 points or 0.26 percent during the first hour of trading on Sunday 28th April 2013. The Index trading between a range of 31.39 points reached at 7,131.54 le
The Qatar Exchange continued pacing its way higher in the green zone during the first couple of hours trading on Sunday 28th April 2013. The index adding 52.10 points or 0.61 percent reached at 8,645.36. The market breadth was strpng with advance –
The DFM General Index stepped up to reach at 2,093.54 levels during the first couples of hours trading on Sunday 28th April 2013. The index added 17.98 points or 0.87 percent. Real Estate & Construction sector appeared as the key gainer, showing a
The ADX General Index wavering in north and south declined slightly during the first couple of hours trading on Sunday 28th April 2013. The index trimming 4.60 points or 0.140 percent reached at 3,283.27. The market breadth was balanced with advance –
Big institutional investors are returning to the UAE's markets, propelling the Dubai and Abu Dhabi stock exchanges into the top four performing measures worldwide. The arrival of seasoned institutional buyers, who are typically long-term investors, is
Market heavyweight Industries Qatar’s (IQ) robust 34% first quarter net profit jump had had a positive influence in the Qatar Exchange (QE) in the week, even as the market’s year-to-date (YTD) performance was nowhere near the double-digit gains of
Saudi Arabia’s benchmark stock index rose to the highest level in almost two weeks yesterday, led by Savola Group and Saudi Arabian Cement Co as earnings beat estimates, Bloomberg said. Savola, a food retailer, advanced to a more than six-year high,
The Qatar Exchange (QE) Index gained by 171.00 points, or 2.03%, during the week, to close at 8,593.26 points. Market capitalisation rose by 2.14% to reach QR474.7 billion as compared to QR464.7 billion at the end of the previous week. Of the 42 li
The Saudi Capital Market Authority (CMA) board has approved Aljazira Takaful Ta’awuni Company’s (ATT) initial public offering (IPO) of 10,500,000 shares, representing 30 percent of its share capital, amounting to SR 350 million. The offer price will be
The Saudi stock market continued its upward march and rose for a sixth session yesterday. The Tadawul All-Share Index (TASI) closed higher at 7,149.97 points. It added further 22.29 points or 0.31 percent and spiked above the previous closing at