Dubai shares soared to an 11-month high, led by Drake & Scull International PJSC and Emaar Properties PJSC, as international markets rallied, oil traded above $70 a barrel and gold reached a record. Drake & Scull, the Dubai-based developer, headed for
The price index of Kuwait Stock Exchange (KSE) was down 49.6 points to 7,833 points by 11:08 a.m. Thursday, while the weighted index lost 3.45 points and reached 461.75 points. Some 176 million shares worth about KD 32.5 million were sealed through 3,
The price index of Kuwait Stock Exchange (KSE) dropped 43.6 points by 9:40 a.m. Thursday to read 7,839 points, while the weighted index came to 462.79 points at a slip of 2.41 points. Trades came to 1,493 transactions at KD 14.8 million with 70 m
Kuwait market continued to climb on Wednesday inching up 0.6 percent to close 7,882.6 points. The index was pushed by Zain that closed 3 percent up. Kuwait Finance House gained 1.4 percent. The benchmark added 49.5 points after selling 448.8 milli
A minor correction took place on the Qatari bourse yesterday as foreign institutional investors who have been on a buying spree for weeks on end, booked profit. Sell volumes of Qatari small investors were also higher than buy volumes, so despite som
Trading at Kuwaits stock exchange no longer needs the hassle of setting up a portfolio at the KSE. Selling and buying no longer requires phone calls. And the trader no longer has to worry about someone else handling his precious stocks in some remo
The MSM-30 Index declined slightly 0.020 per cent to close at 6,709 points. The total shares exchanged decreased by 42.1 per cent to 29.381 million shares and the total value traded decreased by 33.8 per cent to RO12.829 million. The market breadth wa
The Abu Dhabi Securities Exchange continued its stable upward movement yesterday for a third consecutive session as it added 40.87 points to close at 3,204.23 points, a net rise of 1.29 per cent over the previous close of 3,163.36. This represented an
A rush of profit taking in the final 30 minutes of trading pared early gains on the Dubai Financial Market and pulled the index into the red. Both individual investors and institutions booked profits, and major targets Gulf Finance House (GFH), Gulf