Pessimism over Saudi Arabia’s petrochemical industry has pushed shares in the sector down sharply, dampening the biggest Arab stock market. But the gloom may be overdone, creating chances to buy into some of the Kingdom’s biggest firms. The sector’s
The ADX General Index earlier jumped up into the green territory; wavering in the same region it closed higher to 3,287.87 points on Thursday 26th April 2013, up 33.80 points or 1.04 percent from its previous close. Among market cap indices Med cap w
The DFM General Index earlier jumped up into the green territory; wavering in the same region it closed higher to 2,075.56 points on Thursday 26th April 2013, up 22.65 points or 1.10 percent from its previous close. Only Med cap went slightly downward
The Qatar Exchange snapping the positive trend of last couple of days turned red on Thursday 26th April 2013. The Index continued stepping its way lower in the red territory, dropping 62.96 points or 0.73 percent it reached at 8,593.26 levels. Large
The QE Index spending the entire session below the break – even line reached at 8,601.12 levels during the first couple of hours trading on Thursday 25th April 2013. The index trimmed 55.10 points or 0.64 percent. QE sectors indices could not play we
The DFM General Index sustained its upward march during the first couple of hours trading on Thursday 25th April 2013. The index wavering in green zone reached at 2,064.93 levels, adding 12.02 points or 0.59 percent. Banks, Financial & Investment and
The ADX General Index stepped up to reach at 3,274.69 levels during the first couples of hours trading on Thursday 25th April 2013. The index wavering in the green zone added 20.62 points or 0.63 percent. Telecommunication sector was the key gaine
Abu Dhabi’s benchmark stock index climbed the most since 2009 as National Bank of Abu Dhabi surged to a seven-year high after profit beat estimates and Etisalat planned a bid for Vivendi SA’s Maroc Telecom stake. The ADX General Index rose 2.1 per ce
Saudi stocks hovered in small gains and losses yesterday, almost a repeat of previous day’s flat performance which turned positive and the day ended in green. The Tadawul All-Share Index (TASI) inched up to 7,127.68 points, showing an increment of 3.
The DFM General Index initiated its journey with sideways movemeny and then jumped up into the green territory on Wednesday 24th April 2013; spending most of the session in the same region it closed higher to 2,052.91 points, up 31.76 points or 1.57