The Kuwait Stock Exchange price index ended trade in green on Wednesday, with the price index gaining 10.3 points, to reach 6, 126.9 points, while the weighted index read 409.42, an up of 0.19 points. The trading session saw 6,151 transactions worth
New rules in the UAE on mutual funds, short-selling, and rights issues may be finalised by mid-2012 as part of measures to strengthen the operation of exchanges and attract overseas investors, the regulator said. Last year, the UAE postponed draft
The ADX General Index closed 0.70% higher at 2.611.13 points Wednesday. International Fish Farming Holding or Asmak jumped 10% (top gainer), while Aldar Properties, as the most liquid share, edged 3.40% higher. Abu Dhabi Islamic Bank (ADIB) slipped
The Dubai Financial Market (DFM) General Index hit a 15-month high Wednesday, closing 1.90% higher at 1,730.43 points. Year-to-date, the gauge gained a whopping 28.26%, the best performance among all Arab equity markets. While Emaar Properties slipped
Indices at Kuwait Stock Exchange (KSE) were in red at 11:01 am Wednesday, with the price index reading 6,080.4 points, a loss of 36.2 points, while the weighted index came to 407.54 points, decreasing to 1. 69 points. Trades came to 3,772 transactions
The trading began at Kuwait Stock Exchange (KSE) on Wednesday with the main indices mostly in red. By 9:33 am, the price index came to 6,095.2 points, down by 21.4 points, while the weighted index came to 407.58 points, also down by 1.65 points. Trades
Dubai stocks re-embarked on their bull-run yesterday, smashing through a tough resistance level to a near 15-month high. After a spot of profit-taking on Monday, the Dubai Financial Market General Index bounced back, climbing 2.66 per cent to 1,698.22,
Kuwait Financial Center (Markaz) recently released an update to its April 2010 report on the Kuwait Capital Market Law in which it benchmarked against Saudi experience with the same in terms of market expectations. A year later, Kuwait found itself in
Markets in the region closed higher yesterday, led by the Dubai Financial Market (DFM), which jumped nearly 3 per cent after profit-taking the day before turned to buying. The DFM General Index closed up 2.66 per cent at 1,698.22. The index is up 25 per
Equity markets in the Gulf offer “substantial” growth potential in view of low valuations and as European and American fund inflows to the Middle East are getting stronger despite the Arab Spring, according to National Bank of Dubai (NBD). “Markets here
New rules in the UAE on mutual funds, short-selling, and rights issues may be finalised by mid-2012 as part of measures to strengthen the operation of exchanges and attract overseas investors, the regulator said yesterday. Last year, the UAE postponed
Saudi Arabia’s bourse ended at a new 41-month high yesterday after a session of volatile trading which saw the largest turnover in more than four years, as most other regional markets also extended gains. The kingdom’s index rose 0.3% to 7,169 points,
The Qatar Exchange yesterday fell below 8,700 points, extending losses to the second day on profit-booking, especially at the banking and industrial counters. Local retail investors were seen briskly squaring off their position, while domestic
Abu Dhabi’s benchmark stock index advanced to the highest level in more than five months after banks in the emirate reported improved quarterly earnings, boosting investor confidence. Dubai shares also rallied. First Gulf Bank, jumped 2.6 per cent. Abu
The second highest volume of 732.4 million shares traded in the Saudi stock market's history yesterday signaled confidence creeping back into the market. On June 3, 2008 when Alinma Bank started trading, the highest volume of 749.4 million shares was
The Qatar Exchange was down on Tuesday 61.10 points or 0.70% to 8,697.26 points from the previous closing of 8,758.36. The volume of shares traded was fell to 6,079,016 from 7,250,793 on Monday, and the value of shares down to QR309,816,187.92 from
The Tadawul All Share Index (Tasi) closed 0.30% higher at 7,168.99 points. Shares of Watanyia Insurance Company fell 3.5%. Earlier in the day Watanyia announced it received Tuesday the approval from the Saudi Monetary Agency (Sama) to market and sell its
The Bahrain All Share Index closed 0.50% lower at 1,140.33 points, as industry bellwether Aluminum Bahrain or Alba plummeted 6.50%. Islamic bank Gulf Finance House and Ithmaar Bank advanced 8.70% and 5.90%, respectively.
The Dubai Financial Market General Index (DFMGI) broke its two-year downtrend surging by over 29.5 per cent during the period from January 17, 2012 to date, said a leading UAE brokerage in its report. The recent results affirm signs of a medium-term
Kuwait Stock Exchange price index was in green indices at the end of Tuesday's session, which increased to 6,116.6 points gaining 24.8 points. The weighted index read 409.23 points, an up of 0.62 points. The trading session saw 7,094 transactions worth
Saudi Arabia's bourse hit a fresh three-and half-year high, with heavyweight petrochemical and banking stocks leading the rally, even as most Gulf bourses experienced smart rallies. Bellwether Saudi Basic Industries Corp (Sabic) ticked up 0.5 percent, Al
The Abu Dhabi market gauge ADXGI closed 0.70% higher at 2,593.22 points. Shares of developers companies Aldar Properties and Sorouh Real Estate gained 3.50% and 4.50%, respectively. Gulf News reported earlier today, the combined value of current
The Dubai Financial Market (DFM) General Index hit at a 16-month high Tuesday, closing 2.66% higher at 1,698.22 points. Shares of the DFM, the sole Arab exchange which is listed publicly, gained 4.61% to reach Dhs0.999. Islamic banks Ajman Bank and Dubai
Indices at Kuwait Stock Exchange (KSE) were mixed at 11:10 am Tuesday, with the price index reading 6,106.9 points, a gain of 15. 1 points, while the weighted index came to 408.08 points, decreasing to 0.53 points. Trades came to 4,696 transactions worth
The trading began at Kuwait Stock Exchange (KSE) on Tuesday with the main indices all on the rise. By 9:15 am, the price index came to 6,119.3 points, up by 27.5 points, while the weighted index came to 409.08 points, up by 0.47 points. Trades came to