KSE stocks saw its shares slump yesterday, as tension in Egypt made for cautious trading. There was a big panic from the investors and the shares of all sectors have dropped. That is the result of the current sentiment on the market. It's worth
Several major portfolios in the market have took advantage of demonstrations and political turmoil in Egypt in addition to sharp decrease that affected the indices of most financial markets in the region, by deliberate and professional action to
The price index of Kuwait Stock Exchange (KSE) was up 9.9 points to 6,831.9 points by 9:20 a.m. Monday, while the weighted index increased 0.15 points to 478.68 points. The session saw 787 trades so far at KD 5 million, involving 76.7 million shar
The price index of Kuwait Stock Exchange (KSE) was green at 11:37 a.m. Monday, increasing 38.9 points to 6,860.9 points. Meanwhile, the weighted index was up 4.44 points and reached 482.97 points. Volume came to 224.9 million shares by that time, traded
The price index of Kuwait Stock Exchange (KSE) ended trading on Monday with an increase of 37.2 points to 6,85902 points, while the weighted index increased 2.4 points to 480.93 points. Trades came to 4,188 transactions, worth about KD 33 million, and
Political unrest in Egypt triggered a sell-off by foreign institutions on Qatar’s bourse, which yesterday reported its sharpest decline in eight months, knocking off QR13bn capitalisation in a single day. Blue-chip equities took a severe beating as the
The Qatar Exchange was slightly up on Monday adding 35.37 points or 0.41% to 8,745.14 points from the previous closing of 8,709.77. The volume of shares traded fell to 11,417,624 from 25,762,576 Sunday and the value of shares down to QR423,495,165.45
Gulf stock markets tumbled on Sunday as regional investors dumped shares, especially of companies with significant exposure to Egypt. The Dubai Financial Market shed 4.32 per cent of its value at the opening of trading week, with the benchmark index
Gulf stock markets tumbled yesterday as investors, rattled by turmoil in Egypt and concerns the unrest may spread, quit their positions to push indices to multi-week lows. Egyptian protesters were on the streets again in central Cairo, demanding
Market capitalisation across the stock markets in the GCC, barring Saudi Arabia, slipped sharply on Sunday from their previous close on Thursday, as unrest in Egypt rattled stock markets in the UAE and across the Gulf. The total market cap (primary
Stock markets in several Gulf countries, where many leading firms have interests in Egypt, dropped Sunday on mounting concerns over developments in the world’s most populous Arab nation. The Dubai Financial Market shed over six percent of its value at
UAE indexes fall Investors reduce exposure to risk as unrest sweeps Cairo Equity markets in the UAE fell yesterday as investors cut their exposure to risk in Egypt amid growing political tension across the north African country. Dubai's main index
The Saudi stock market rebounded Sunday after a 6.43 percent plunge a day before, but investors, nervous about instability gripping Egypt, drove stocks down sharply elsewhere in the Middle East. The losses, led by a drop of more than 4 percent in the
The price index of Kuwait Stock Exchange (KSE) ended trading on Sunday with a decrease of 122 points to 6,822 points, while the weighted index dropped by 9.54 points, reaching 478.53 points. Trades came to 5,209 transactions, worth about 58.8 million
Dubai Investments has posted a 36% fall in fourth-quarter profit to Dhs89.7m ($24.43m), AFP has reported. Net income for 2010 amounted to Dhs804.9m ($219.2m), and revenue fell to Dhs3.3bn from Dhs3.7bn in 2009, the company said. Dubai Investments, which
Abu Dhabi-listed real estate shares helped the market to recover from Sunday's mini-crash. The ADX General Index closed one percent higher at 2,586.75 points. RAK Properties (up 2.56% at Dhs0.39), Sorouh Real Estate (1.50% higher at Dhs1.34) and Aldar
Hyper activity was seen on the Kuwaiti market this week with the annual results announcements becoming so near. Investors were seen taking positions in the banking and the services sectors in anticipation of a positive earnings generated by the Kuwaiti
Kuwait Stock Exchange (KSE) ended last week in the green zone, as both its main indices recorded gains. The price index ended last week with an increase amounted to 0.68 percent, while the weighted index rose 0.68 percent compared to the closings of the
The price index of Kuwait Stock Exchange (KSE) dropped 144.3 points to 6,799.7 points by 9:25 a.m. Sunday, while the weighted index was down 11.93 points to 476.14 points. The session saw 1,446 trades so far at KD 19.8 million, involving 100 million
The price index of Kuwait Stock Exchange (KSE) was red at 11:30 a.m. Sunday, dropping 144.4 points to 6,799.6 points. Meanwhile, the weighted index was down 8.64 points and reached 479.43 points. Volume came to 277 million shares by that time, traded in
The price index of Kuwait Stock Exchange (KSE) ended trading on Sunday with a decrease of 122 points to 6,822 points, while the weighted index dropped by 9.54 points, reaching 478.53 points. Trades came to 5,209 transactions, worth about KD 58.8
Markets in the United Arab Emirates tumbled as Egypt unrest spurred panic selling, with companies exposed to the North African state among the largest decliners. Emaar Properties, which has an Egypt subsidiary, dropped 9.1 percent, while Dana Gas, which
Persian Gulf shares plunged, sending Dubai’s index down the most in a year, on concern political unrest could spread after Egyptian protests persisted and the North African country’s president refused to resign. Emaar Properties PJSC, which claims to be
In the vague of the Egypt crisis which shook up GCC stock markets on Sunday, the ADX General Index lost 3.68%, closing at 2,561.06. Abu Dhabi-listed real estate stocks were most affected, as investors dumped Aldar Properties (down 8.84% at Dhs1.69),
The DFM General Index dived over 6.4%, as a direct panic sell out due to the state crisis in Egypt. But the local market eventually recovered and closed on high volumes 4.32% lower at 1,543.02. Market bellwether Emaar Properties posted the largest loss