Saudi Arabia's stock market plunges 4.6 percent to a 13-month low on Saturday, with its biggest listed companies losing value, after King Abdullah cut short a holiday abroad because of regional tensions. Only one of the 156 companies listed on the
Kuwait stocks retreated further Thursday to end week on a sour note. The index slid 41.27 pts in wavy trading to close at 7,931.09 points as paced by selling in blue chips. The trading floor mood was downbeat as investors exited positions ahead of the
Stock market trading violations increased last year as the federal regulator boosted enforcement efforts. The Securities and Commodities Authority (SCA) uncovered 311 violations, including those related to inspection and supervision of trading,
Qatar Exchange gained 189.47 points or 2.04 percent last week to close at 9,479.80 points. Trading value increased by 65.21 percent to reach QR3.44bn last week compared to QR2.08bn the previous week. Trading volume increased by 37.69 percent to cross 8
Bank of America Merrill Lynch raised its assessment of Qatar’s stock market to overweight from neutral, and cut the UAE to neutral from overweight, according to a BofA Merrill Lynch Global Research report seen yesterday. The investment bank cited
The DFM General Index earlier slipped into the red zone but suddenly changed its directon; crossing the break even line it reached at 2,399.58 points just before the closing bell on Thursday 13th June 2013.The index added 3.93 points or 0.16 percent.
The QE index spending most of the session below the break even line witnessed a bearish trend on Thursday 13th June 2013. The index dropping 38.15 points or 0.41 percent reached at 9,479.8 levels. Only Micro Cap ended the session in green zone. Te
The ADX General Index retreated to 3,661.39 on Thursday 13th June 2013, which was roughly where it started the day. Small Cap and Large Cap ended the session in green zone. ADX sectors indices performed in a mixed fashion. On the negative side, Bank
Saudi Arabia’s benchmark stock index continued its upward march for the fourth straight week, advancing 0.14 percent further. Despite closing lower for three days during the week, the Tadawul All-Share Index (TASI) dug in at 7,623.89 and finished the
Stocks leapt yesterday after the UAE succeeded in a six-year effort to gain entry to the MSCI Emerging Market Index. The index provider upgraded the UAE and Qatar to "emerging" status early yesterday morning, in a move that HSBC expects will bring a