Dubai stocks inch higher ahead of quarterly results
(The National
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17/07/2012)
Dubai's stock market crept higher Monday, amid low volumes, as investors positioned ahead of second quarter results. Emaar Properties, the developer behind the world's tallest skyscraper, rose 1.5 per cent to Dh3.20 on the Dubai Financial Market. Union
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Dubai market rallies to highest in two months
(The National
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17/07/2012)
Dubai shares rose to their highest in more than two months yesterday ahead of second quarter results. Emaar, the developer behind the world's tallest building, advanced for a second day, up 2.5 per cent to Dh3.23. The shares rose 1.6 per cent on Sunday.
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KSE green at end of trading session
(KUNA
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17/07/2012)
Kuwait Stock Exchange (KSE) closed Monday's trading session with green indices across its board. The KSX 15 index increased 10.68 points to read 986.1 points. The price index was at 5,860.38 points; a gain of 5.39 points and the weighted index also went
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Saudi shares drop to hit 3-week low; Emaar lifts Dubai index
(Reuters
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17/07/2012)
Shares in Zain Saudi slumped to a record low yesterday amid a slow initial take-up of its rights issue, while Saudi Arabia’s index fell to a near three-week low. But Emaar Properties lifted Dubai’s bourse. Shares in Zain Saudi sank 4.4% to 11.90 riyals.
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Tadawul index falls, turnover dips
(Gulfbase.com
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17/07/2012)
The Tadawul All-Share Index (TASI) set out positively yesterday but suddenly changed its direction toward south, reflecting a negative slope. The index closed lower at 6,641.3 points. The index pared 21.66 points or 0.33 percent for the entire day. It
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KSE red at end of Sunday's session
(KUNA
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16/07/2012)
Kuwait Stock Exchange closed Sunday's trading session with red indices across its board. The KSX 15 index dropped 11.05 points to read 975.42 points. The price index was at 5,854.99 points; a drop of 5.72 points and the weighted index also dropped 2.95
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Petchems drag Saudi stocks after Q2 misses
(Reuters
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16/07/2012)
Saudi Arabian petrochemical firms dragged down the bourse yesterday after Saudi Kayan, a unit of Saudi Basic Industries Corp (Sabic), reported a widening quarterly loss. Saudi Kayan dropped 6.4% to close at its lowest since July 2009. Its net loss for
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DFM hits one-week high
(Khaleej Times
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16/07/2012)
The share prices on Dubai stock market sustained an upward trend in low trade on Sunday. The benchmark index rose to the highest level in more than a week as real estate and banking shares climbed on positive developments in global markets. The analysts
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Petchems drag Saudi stocks after Q2 misses
(Reuters
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16/07/2012)
Saudi Arabian petrochemical firms dragged down the bourse yesterday after Saudi Kayan, a unit of Saudi Basic Industries Corp (Sabic), reported a widening quarterly loss. Saudi Kayan dropped 6.4% to close at its lowest since July 2009. Its net loss for
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Qatar shares inch down, but volumes rise
(Gulf Times
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16/07/2012)
Local retail investors’ profit-booking weighed on the Qatar Exchange yesterday. Notwithstanding the buying support from domestic institutions, the QE Index (based on price data) fell 0.02% to 8,283.13 points. The market is down 5.65% year-to-date. The
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Investors face uncertainty
(Gulfbase.com
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16/07/2012)
Investors continued to face an uncertain situation at Saudi Stock Market, as the Tadawul index despite a good start of the week turned negative on Sunday. The Tadawul All-Share Index (TASI) slipped (-74 points) in the negative territory earlier
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Sluggish Abu Dhabi bourse sheds a quarter percentage point
(AME Info
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15/07/2012)
Losses at the UAE's first telco firm Etisalat (off 0.65% at Dhs9.10) and at Bank of Sharjah (down 0.90% at Dhs1.11) weighed on the Abu Dhabi gauge ADXGI, which ended Sunday trading 0.25% lower at 2,460.74 points. Trading volumes declined again a week
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Dubai market cracks 1,500 points, Emaar outperforms
(AME Info
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15/07/2012)
The DFM General Index gained Sunday 0.77% to close at 1,502.54 points. Emaar Properties was the share of the day as the most liquid security egded up by 1.61% to hit a 2.5-month high at Dhs3.15. Earlier in the day, Emaar said it successfully executed the
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KSE ends week with variance, KSX-15 declines 0.15%
(Al Watan
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15/07/2012)
Kuwait Stock Exchange (KSE) ended last week at variance. The price index ended last week with a decrease amounted to 0.01 percent, while the weighted index increased by 0.51 percent compared to the closings of the week before, where KSX-15 Index declined
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Investors on the look-out as Ramadan approaches
(The National
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15/07/2012)
Investors not already fleeing the Emirates for cooler climes this summer may find opportunities scarce during the final week of trading before Ramadan begins. But investors looking to position themselves for the second-quarter earnings season may yet
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Saudi shares snap 4-day losing streak as oil swells
(Saudi Gazette
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15/07/2012)
Saudi Arabian shares snapped a four-day losing streak Saturday after oil prices gained and Dar Al Arkan Real Estate Development Co. said holders of its $1 billion Islamic bonds will be repaid July 16. The stock benchmark Tadawul All Share Index rose 0.62
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Saudi shares snap 4-day losing streak
(Bloomberg
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15/07/2012)
Saudi Arabian shares snapped a four-day losing streak after oil prices gained and Dar Al Arkan Real Estate Development said holders of its $1 billion Islamic bonds will be repaid on Monday. Dar Al Arkan, which plunged 20 per cent last week, advanced the
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Real estate gains drive Saudi stocks higher
(Arab News
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15/07/2012)
Saudi Arabian stocks snapped a four-day losing streak yesterday, led by gains in the real estate sector. The Tadawul All-Share Index closed 0.62 percent higher at 6,701 points while the real estate sector ended 3.8 percent higher. Dar Al-Arkan Real
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Tadawul index rebounds
(Gulfbase.com
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15/07/2012)
After four consecutive days of trading in the red, the Saudi stock market rebounded yesterday, recovering more than 40 points. The Tadawul All-Share Index (TASI) edged higher 0.62 percent to 6,701.09 points on the back of strong performance by Real
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Southern Province Cement Company bucks Saudi market retreat
(AME Info
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15/07/2012)
The Tadawul All-Share Index fell 0.60% Sunday to close at 6,662.96 points as bellwether share Sabic dived 1.73% to hit a 16-month low at SR85.25. Shares of Southern Province Cement Company add 1.73% to reach SR102.75. Earlier in the day, Southern
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Qatar Exchange Slightly Down 0.02%
(QNA
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15/07/2012)
The Qatar Exchange was slightly down on Sunday 1.90 points or 0.02% to 8,283.13 points from the previous closing of 8,285.03. The volume of shares traded was up to 4,395,609 from 3,241,569 Thursday, and the value of shares increased to QR139,976,422.14
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Oil, JP Morgan relief kicks Tadawul market up
(AME Info
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14/07/2012)
The Saudi Arabian equity measure Tadawul All-Share Index closed Saturday trading 0.62% higher at 6,701.09 points. Increasing signs of a soft-landing of the Chinese economy triggered a strong rebound in oil prices (up 1.50% near a one-month high at around
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QE Weekly Review
(Gulf Times
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14/07/2012)
Increased buying by foreign institutions helped the Qatar Exchange gain during the week, which saw other Gulf bourses in negative trajectory. Mid and micro cap equities largely helped the QE Index (based on price data) and Total Return Index (which
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Saudi market cap surges to SR1.32 trillion
(Gulfbase.com
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13/07/2012)
The Tadawul All-Share Index (TASI), which continued its descending travel throughout the week, ended in the red territory at 6,659.58 points, down 175.19 points or 2.56 percent from its previous weekend close at 6,834.77 points. The index touched an
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Sukuk lift Qatar and Dubai
(The National
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13/07/2012)
Markets in Qatar and Dubai rallied on strong demand for Islamic bonds and as investors positioned themselves ahead of the release of corporate earnings for the second quarter. A US$4 billion sukuk sale by Qatar’s government – reportedly more than six
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