Realty stocks stage a comeback
(www.business24-7.ae
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12/04/2009)
UAE real estate stocks – which were hit by the global financial crisis – have moved back into the limelight thanks to renewed buying interest as government bond issues and other stimulus measures have been announced to support the economy. The real
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Arab bourses rally, buoyed by speculation
(Khaleej Times
-
11/04/2009)
Arab stock markets extended gains this week, mainly propelled by speculation on small caps by investors who seemed to adopt hit-and-run strategies pending breakthroughs in the world’s fight against recession, financial investors said Friday. “Regional
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Stocks recover amid glow of second
(www.business24-7.ae
-
11/04/2009)
The UAEs stock markets recovered yesterday as they tracked overnight gains on Wall Street. Market sentiment was boosted by Wednesdays announcement by Dubai Government of further economic stimulus measures, and real estate stocks played a major role in
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Tadawul crosses 5,000-point mark
(Arab News
-
11/04/2009)
Saudi shares reflected strong performance last week for the fourth week in a row, partly buoyed by the slowly rising oil prices and a strong wave of speculation on small caps, particularly insurance stocks. The Tadawul All-Share Index (TASI) climbed 6.82
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Kuwait bourse gains 0.31%, closes at 7262?points
(Al Watan
-
11/04/2009)
The price index of Kuwait Stock Exchange ended trading Thursday climbing 22.2 points to 7,262.9 points, while the weighted index climbed to 385.23 points, an up of 1.77 points. Trades came to 13,156 transactions at 115.635 million Kuwaiti dinars with
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Gulf equity investors regain $33bn in one week
(www.business24-7.ae
-
11/04/2009)
Gulf stock markets maintained their highly unpredictable mood last week and rebounded by nearly $33 billion to more than offset the losses suffered by equity investors since the start of 2009, official figures have shown. But the gain was a fraction of
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Qatar National Bank result buoys Doha bourse index
(The Peninsula
-
11/04/2009)
Qatar National Bank (QNB) led gains in bank stocks yesterday as it kicked off the earnings season with a profit rise, although analysts said traders with a short-term perspective were behind most advances in the Gulf. Markets in all Gulf countries but
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KSE says trade in 23 firms still halted
(Reuters
-
11/04/2009)
Trading in 23 Kuwait companies is still suspended after they failed to publish their 2008 earnings on time, the countrys bourse said on Thursday, and warned it may halt more if firms did not pay out dividends in time. The stock exchange had suspended
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Kuwait stock market closes 0.3% higher
(Ame Info
-
11/04/2009)
The Kuwait Stock Exchange (KSE) price index rebounded one percent during the trading session but was unable to defend its gains and closed 0.3% higher at 7,262.9 points. Gulf Finance House from Bahrain advanced by 2.45%. Another investment company
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Doha market adds 0.71%
(Ame Info
-
11/04/2009)
The Doha Securities Market DSM joined other GCC indexes in their rebounds and closed 0.71% higher at 5,125.97 points. Financial stocks regained territory, such as Commercial Bank of Qatar (up 3.25%), Doha Bank (1.71% higher) or Doha Insurance (gaining
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DSM declines 51 points
(The Peninsula
-
09/04/2009)
Qatari stocks fell yesterday marginally despite buying support from Qatari retail as well as foreign retail and institutional investors. The 20-share benchmark index of the Doha Securities Market (DSM) declined 51 points, or 0.99 per cent, to 5,090 with
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Kuwait index retreats 0.8 percent as profit taking drags blue chips
(Arab News
-
09/04/2009)
Kuwait stocks retreated on Wednesday, snapping the six-day gaining spree. The market sagged 59.4 points in volatile trading, weighed by National Bank of Kuwait and Wataniya Telecom even as most of the frontline stocks buckled under profit taking. NBK
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Market jitters worry investors
(Gulfnews
-
09/04/2009)
Weakness in global markets and worries about oil prices and the first quarter earnings continue to affect investor sentiments, leading to small declines in both Dubai and Abu Dhabi stock exchanges. The Dubai benchmark fell for the third straight session
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GCC economic stimulus measures perk up stock markets
(Oman Daily Observer
-
09/04/2009)
After a relentless decline over the past several months, markets in the region finally took a breather and posted a gain in March-2009, according to Kuwait-based Global Investment House. This improvement has come on the back of government stimulus
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Market breadth skewed towards decliners
(Kuwait Times
-
09/04/2009)
The number of companies under suspension fell from 33 as of last Sunday to 24 companies as of today. Global General Index (GGI) ended the day by shedding 3.85 points, which translates in to a 1.99 percent decline during todays session to reach 189.67
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Muscat index records marginal gains
(Times of Oman
-
09/04/2009)
The MSM-30 index increased slightly at 0.05 per cent to close at 4,803. The total shares exchanged increased by 39.7 per cent to 34.833 million shares against the previous day’s 24.929 million shares. The total value increased by 6.8 per cent from
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Banking and investment sole loser as MSM rises
(Times of Oman
-
08/04/2009)
The MSM-30 index increased 0.85 per cent to close at 4,800. Total shares exchanged decreased by 10.6 per cent to 24.929 million shares against the previous day’s 27.891 million shares. Total value increased by 9.2 per cent from RO7.459 million to RO8.145
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KSE Price Index posts gain as market
(Kuwait Times
-
08/04/2009)
Backed by recent gains witnessed in the Kuwait Stock Exchange, all Global sector indices have positive Month-To-Date gains. Global General Index (GGI) was nearly 170 unchanged by shedding a marginal 0.01-point (-0.002 percent) during yesterdays session
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Shares of 33 Kuwaiti firms remain suspended
(Maktoob Business
-
08/04/2009)
The Kuwait Stock Exchange said Monday that shares in 33 listed companies remain suspended for failing to disclose their 2008 financial results before the end of the first quarter. International Financial Advisors, or IFA, was however removed from
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ADX slips into bearish mode
(www.business24-7.ae
-
08/04/2009)
Abu Dhabi Securities Exchange yesterday slipped into bearish mode as telecom, real estate, energy, industrial and banking stocks suffered losses owing to profit booking by retail investors. The general index fell 23.58 points, or 0.92 per cent, to close
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Most Gulf markets fall on selling
(Gulf Times
-
08/04/2009)
Four of the seven Gulf Arab markets retreated yesterday as investors booked profits from a rally which has taken stocks to highs of up to three months. The regional markets climbed by between 2% and 16% over the preceding three weeks, with rising
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UAE markets close lower amid investor profit booking
(Gulfnews
-
08/04/2009)
The Dubai Financial Market index fell 1.47 per cent to 1596.73. After soaring 14.93 per cent on Monday, Tabreed sank 9.09 per cent to Dh0.70; Emaar Properties dropped 2.38 per cent to Dh2.46; DFM company slipped 2.16 per cent to Dh1.36 and Arabtec lost
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Subdued trading pushes DSM down a tad
(The Peninsula
-
08/04/2009)
Subdued trading yesterday pushed Qatari stocks down, albeit marginally. The 20-share benchmark index of the Doha Securities Market (DSM) fell 23 points, or 0.45 percent, to 5,141. There was some buying support from Qatari institutional investors as their
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Telecom sector leads rally
(Gulf Daily News
-
07/04/2009)
The BSE Sensex rose 1.8 per cent yesterday, taking its gains in April to 8.5pc and the market to its highest close in five months, as stocks rallied across the world on hopes the worst of economic downturn had passed. Telecoms and financial stocks led
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Tadawul, other Gulf bourses extend gains
(Saudi Gazette
-
07/04/2009)
All seven Gulf markets advanced on Monday, spurred by Saudi Arabia’s surge the previous day as institutional buying swelled trading volumes. Brokers said investors are increasingly optimistic and believe the likely effects of the credit crunch and global
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