GulfBase Cap Indices
IndexLevelChg%
Large Cap3,815.45 -0.19
Med Cap4,257.97 -0.27
Small Cap5,246.4 0.05
Micro Cap9,448.3 -0.04

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Ticker Price Volume
RIBL 23.7 7,787
UCA 36.3 97,487
BURUJ 47.9 73,761
SAGRINSURANCE 25.2 64,592
WATANIYA 102 42,454
ASHIELD 48.9 55,031
AICC 29.4 82,053

GCC Weekly Stock Market Review 17-06-2012

Source: Coast

GCC financial markets this week were in mixed territory. Saudi Arabia Tadawul All Share Index recorded as the top gainer with 1.25% increase compared to the previous week, while the top loser was Kuwait KSE Price Index which decreased by 3.14% compared to the previous week.

India's Metkore Alloys and Industries Ltd is set to build a world class 165,000 tonnes per annum capacity ferro chrome smelter project in Sohar, with an envisaged investment of RO30 million.

Gulf Capital will invest up to Dh100 million (US$27.2m) in a contract staffing firm as it bets on surging demand for outsourced workers in Abu Dhabi. The cash will help to fund Reach Group's aim to double its business over the next five years.

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