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Gloom on Dubai bourse (The National - 17/01/2012)

Shares on the Dubai Financial Market General Index declined the most in a week yesterday ahead of earnings reports as investors expected disappointing results for the fourth quarter. Emaar Properties, the developer of the Burj Khalifa, fell 2.4 per cent

Dana Gas drags down ADX (The National - 17/01/2012)

Dana Gas pulled the Abu Dhabi bourse lower for a second day amid investor uncertainty over how the UAE gas explorer plans to repay a US$1 billion sukuk due in October. Dana, the most actively traded stock on the Abu Dhabi Securities Exchange (ADX), fell

Qatar shares end flat amid sell pressure (Gulf Times - 17/01/2012)

The Qatar Exchange almost treaded a flat path yesterday despite the buying support from domestic institutions. Although foreign institutions’ selling pressure was intact, the 20-stock benchmark rose a marginal 0.03% or two points, to close at 8,640.36

Bourse in red at closing, drops 2.6 points (KUNA - 17/01/2012)

Main indices at Kuwait Stock Exchange (KSE) ended in red, with the price index reading 5,762.8 points losing 2.6 points, and the weighted index reading 401.54 points at a decrease of 0.52 points. The trading session saw 3,181 transactions worth 20.81

Tadawul, Qatar bourse gain 5.13%, 2.17% respectively at year end (Al Watan - 17/01/2012)

The following is a report prepared by Kuwait Projects Company (KIPCO) Asset Management Company (KAMCO) Research that analyzes the performance of the Tadawul and Qatar Exchange during December 2011 in addition to assessing the latest key economic and

Saudi stocks make largest fall in 4-weeks; Gulf down (Reuters - 17/01/2012)

Saudi Arabia’s benchmark index made its largest one-day decline in four weeks yesterday as falling natural gas prices weighed on petrochemical stocks, while most other regional markets also ended lower. The kingdom’s index fell 1.1% in its biggest drop

Tadawul makes largest one-day decline in 4 weeks (Reuters - 17/01/2012)

Saudi Arabia's benchmark index made its largest one-day decline in four weeks on Monday as falling natural gas prices weighed on petrochemical stocks, while most other regional markets also ended lower. The Tadawul All-Share Index (TASI) fell 1.1

ADX drops to three-year low on Dana and Europe (Khaleej Times - 17/01/2012)

Abu Dhabi shares retreated to the lowest in almost three years on speculation Dana Gas may struggle to refinance debt and as investors trimmed holdings of riskier assets on concern Europe’s debt crisis may worsen. Dana Gas, which has a $1 billion Islamic

ADX Shares Drop to Three-Year Low on Dana Gas Debt Concern, Europe (Bloomberg - 16/01/2012)

Abu Dhabi shares retreated to the lowest in almost three years on speculation Dana Gas PJSC (DANA) may struggle to refinance debt and as investors trimmed holdings of riskier assets on concern Europe’s debt crisis may worsen. Dana Gas, which has a $1

Concrete profits boost shares on Saudi's Yanbu (The National - 16/01/2012)

Saudi Arabia's stock-market was boosted by Yanbu Cement on Sunday after the Jeddah-based company reported a 54 per cent rise in fourth quarter profit. Net income in the quarter rose to 143. 4 million Saudi riyals amid higher sales and output from its

Saudi Arabia's Alinma Bank slips as annual profit skyrockets (AME Info - 16/01/2012)

The Riyadh-based Tadawul index dipped insignificantly to 6,492.4 points. Sabic, the petrochemical and metals producer, recovered some ground (up 0.27% at SR94.50). Alinma Bank fell one per cent to SR9.60. Alinma Bank shares outperformed the market in

KSE in green zone at closing (KUNA - 16/01/2012)

Main indices at Kuwait Stock Exchange (KSE) ended in green after Sunday's session, with the price index reading 5,765.4 points gaining 18.5 points, and the weighted index reading 402.06 points at an increase of 3.2 points. The trading session saw 3,910

Gloom on Dubai bourse (The National - 16/01/2012)

Shares on the Dubai Financial Market General Index declined the most in a week yesterday ahead of earnings reports as investors expected disappointing results for the fourth quarter. Emaar Properties, the developer of the Burj Khalifa, fell 2.4 per cent

KSE ends December on downside, witnesses fluctuations in trading (Al Watan - 16/01/2012)

The following is a report prepared by Kuwait Projects Company (KIPCO) Asset Management Company (KAMCO) Research that analyzes the performance of the Kuwait Stock Exchange (KSE) during December 2011 in addition to assessing the latest key economic and

Qatar shares edge down after Europe downgrades (Gulf Times - 16/01/2012)

The Qatar Exchange fell 0.70% yesterday as foreign institutions hurriedly squared off their positions. The rising uncertainty, after Standard & Poor’s downgraded several eurozone countries, including France, had a dampening effect as the QE’s 20-stock

Dubai market loses one per cent on S&P's Eurozone downgrade row (AME Info - 16/01/2012)

The DFM General Index declined to hit 1,314.47 points. Emaar plummeted 2.40% to close at Dhs2.44. Arabtec Construction bucked the trend, ending 0.60% higher at Dhs1.71. Some 100.8m shares were trade, valued at Dhs133.3m.

Abu Dhabi heavyweights plummet, ADX index dips 0.70% (AME Info - 16/01/2012)

The ADXGI ended 0.70% lower at 2,344.18 points Sunday, as real estate companies Aldar Properties and Sorouh lost 3.70% and 4.20% respectively. Like at nearly all GCC markets, the Abu Dhabi bourse suffered from S&P s decision to downgrade nine out of 17

DFM falls to lowest since June 2004 (Bloomberg - 16/01/2012)

Dubai’s benchmark stock index retreated to the lowest level in more than seven years on investor concern that full-year earnings may disappoint and after France and Austria were stripped of top credit ratings. Emaar Properties fell 2.4 per cent.

Muscat shares edge lower (Times of Oman - 15/01/2012)

THE MSM 30 index closed 0.73 per cent lower in the week ended January 12, 2012 at 5,691. All the sector indices ended lower led by a 1.66 per cent fall in the industrial sector. Market turnover during the week was 28.9 per cent higher than in the

KSE closes week with 0.35% rise (Al Watan - 15/01/2012)

Kuwait Stock Exchange (KSE) ended last week with variance on its indices performance. The price index ended last week with an increase amounted to 0.35 percent, while the weighted index decreased by 0.11 percent compared to the closings of the week

Alshall Market Review (Gulf Times - 15/01/2012)

The Qatar Exchange (QE) showed a mixed performance during the week starting January 8. The official QE index fell 2.10% over the previous week’s closing and finished the week at 8,699.46 points last Thursday, while the Alshall index (cap weighted) closed

Saudi Shares Drop on S&P Downgrades (Bloomberg - 14/01/2012)

Saudi Arabian shares dropped for the first time in three days, led by banks after nine euro-region countries lost their top credit ratings at Standard & Poor’s and two local lenders’ earnings disappointed investors. Arab National Bank headed for its

Arab investors keep an eye on annual corporate results (Arab News - 14/01/2012)

Arab stock markets closed week mixed as investors awaited the release of annual corporate results particularly of blue chips, financial analysts said Friday. They expected regional markets to remain under pressure in the coming months from political

Blue chips off the menu after former broker's stock swap (The National - 13/01/2012)

Depressed markets and sinking share values have convinced one Dubai broker to swap stocks for sandwiches by opening a delicatessen in the emirate's financial hub. While investors may have lost their appetite for blue chips, the former Rasmala executive

Qatar shares close below 8,700 mark (Gulf Times - 13/01/2012)

The Qatar Exchange yesterday settled below the 8,700 mark as foreign institutions extended lower buying support. The 20-stock benchmark fell 0.13% or 11 points to close at 8,699.46 with maximum selling pressure seen in the micro cap equities segment. The

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