The Capital Market Authority is finalizing a regulatory framework which will allow foreigners to directly own stocks in Saudi Arabia, though the market has no need for liquidity from international investors, says its Chairman Mohammed bin Abdul
The Saudi stock market continued its negative movement, marking another small decline of 0.09 percent yesterday. The Tadawul All-Share Index (TASI) bouncing between green-red within a low range of 22.3 points ended nearly 6.6 points lower to 7,182.48.
The QE Index spending most of the session in the green region closed higher to 8,845.65 points on Tuesday 7th May 2013, achieving 0.13 percent or 11.52 points for the session. Market Cap ended the day in the red zone. Four out of the 7 sectors closed i
The contest between bulls and bears ended without any significant change at Dubai Stock Market on Tuesday 7th May 2013, as DFM index wavering between north and south closed the session at 2,149.73 points, which was roughly where it started the day. DF
The ADX General Index earlier jumped up into the green territory; wavering in the same region it closed higher to 3,339.86 points on Tuesday 7th May 2013, up 21.37 points or 0.64 percent from its previous close. Telecommunications and Consumer Sta
Abu Dhabi Securities Exchange (ADX) announced that it has proceeded with the implementation of the enhancements to its Delivery Versus Payment (DvP) model with the Buyer Cash Compensation (BCC) on Sunday the 5th of May. The improvement is a key factor
Egypt's bourse rises to an eight-week high as trading resumes after a long holiday weekend, while Saudi Arabia heads for its third consecutive decline. Billionaire businessman Naguib Sawiris returned to Egypt on Friday after a self-imposed exile, wh
Saudi Arabia, home to the biggest Arab bourse, seeks to boost institutional investments in its $390 billion stock market as the top OPEC producer weighs plans to allow foreigners to buy shares directly. While foreign investments are welcome, they’re n
The Qatar Exchange stayed in the green zone during the first couple of hours trading on Tuesday 7th May 2013. The index adding further 33.01 points or 0.37 percent reached at 8,867.14. The market breadth was positive with 23 stocks witnessing adv
The DFM General Index stepped down to drop 0.26 percent during the first couple of hours trading on Tuesday 7th May April 2013. The index wavering between north and south trimmed 5.63 points to reach at 2,143.90. The market breadth was almost bal