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Qatar shares edge higher; volumes fall (Gulf Times - 13/07/2012)

Increased buying interests from domestic institutions and reduced selling pressure from their foreign counterparts helped Qatar Exchange report gains yesterday. Large and mid cap largely drove the QE Index (based on price data) up 0.52% to 8,285.03

Dubai halts four-day decline, Qatar up (Reuters - 12/07/2012)

The Dubai bourse halted a four-session decline on Thursday and Qatar's market rose as investors positioned for second-quarter earnings. Bellwether Emaar Properties led gains, climbing 2 per cent. The builder of the world's tallest tower announced plans

Qatar Exchange Closes Week Up 0.21% (QNA - 12/07/2012)

Qatar Exchange index gained 17.67 points (0.21%) this week after closing at 8,285.03 points. The Traded value this week increased by 51.73% to reach QR 1,071,901,858.45 compared to QR 706,456,795.16. The traded volume decreased by 16.84% to reach

Qatar Stock Exchange Up 0.52% (QNA - 12/07/2012)

The Qatar Exchange was in the green area Thursday adding 42.92 points or 0.52% to 8,285.03 points from the previous closing of 8,242.11. The volume of the shares traded fell to 3,241,569 from 4,254,373 and the value of shares increased to

Emaar shares soar as developer denies Egypt pullout (AME Info - 12/07/2012)

The Dubai Financial Market (DFM) General Index bucked the global downtrend and closed Thursday trading 0.74% higher at 1,491.08 points. Market bellwether Emaar Properties was the share of the day, as the most liquid stock jumped two percent to hit a

Merger canididates Aldar, Sorouh help to stabilie ADX (AME Info - 12/07/2012)

The ADX General Index added 0.05% Thursday to end at 2,466.54 points. Developers Aldar Properties and Sorouh Real Estate gained 1.83% and two percent, respectively. Market heavyweight Emirates Telecommunication or Etisalat dipped slightly, while Bank of

Solid earnings boost Saudi bank stocks (Saudi Gazette - 12/07/2012)

Saudi Arabia’s banks have posted robust second-quarter earnings and analysts see upside for their stocks given attractive valuations, whereas petrochemical stocks will be vulnerable following a sharp drop in oil prices. However, the stock benchmark

Telling tumble for Tamweel (The National - 12/07/2012)

The Dubai Financial Market (DFM) declined yesterday, weighed down by Tamweel, after the Islamic mortgage company reported a 33 per cent decline in first-quarter profit. Tamweel's shares fell 3.1 per cent to Dh1.24. The DFM General Index declined 0.5 per

Saudi equity market prime focus in GCC (Saudi Gazette - 12/07/2012)

Equity markets in the GCC countries witnessed almost the same level of attention in 1H12 compared to the previous half, Kuwait Financial Centre (Markaz) said in its recent report titled "GCC Research Statistics". A total of 19 brokers published 218

Qatar bourse reverses gains as foreign selling pressure weighs (Gulf Times - 12/07/2012)

The Qatar Exchange yesterday reversed a bullish spell on selling pressure exerted by foreign institutions. Small, large and mid cap equities witnessed profit-booking as the QE Index (based on price data) lost 0.36% to 8,242.11 points. The market is down

Bearish trend continues on DFM and ADX (Reuters - 12/07/2012)

Tamweel, the Dubai-based mortgage lender, on Wednesday dragged the emirate’s main index, which ended lower for a fourth day. Tamweel dropped 3.1 per cent, its lowest close since July 3. The lender’s second-quarter net profit dipped to Dh18.6 million,

Saudi banking stocks offer hope; petchem ‘vulnerable’ (Arab News - 12/07/2012)

The Kingdom’s banks have posted robust second-quarter earnings and analysts see upside for their stocks given attractive valuations, whereas petrochemical stocks will be vulnerable following a sharp drop in oil prices. Saudi banks are benefiting from the

Tadawul down in the mouth (Gulfbase.com - 12/07/2012)

A persistent decrease in the prices of Saudi stocks appeared to be continued yesterday, as the Tadawul All-Share Index (TASI) while descending throughout the session, closed lower at 6,659.58, shaving 53.61 points or 0.80 percent further. The index

Qatar Exchange Down 0.36% (QNA - 11/07/2012)

The Qatar Exchange was down on Wednesday 29.68 points or 0.36% to 8,242.11 points from the previous closing of 8,271.79. The volume of shares traded was fell to 4,254,373 from 5,641,744 Tuesday, and the value of shares increased to QR125,197,434.88 from

Few financials resist drop at Abu Dhabi market (AME Info - 11/07/2012)

The ADX General Index slipped 0.40% to close at 2,465.41, as marker bellwether Etisalat and Abu Dhabi National Energy Co., known as Taqa, both dipped 0.32% to end at Dhs9.21 and at Dhs9.24. Earlier in the day, Taqa deied repors it intended to buy a Dutch

Tamweel shares get under pressure amid profit decline (AME Info - 11/07/2012)

The Dubai Financial Market General Index fell for the fourth session straight Wednesday, closing off 0.55% at 1,480.18 points. Islamic home financing company Tamweel, as the most liquid shares, dived 3.13% to Dhs1.24. Earlier in the day, Tamweel said its

Dubai shares fall on Spain and China fears (The National - 11/07/2012)

The Dubai Financial Market (DFM) declined yesterday, tracking global markets as investors feared an additional €30 billion aid package for Spain this month will not stem the euro-zone debt crisis. Disappointing trade figures from China further dampened

KSE green at end of trading, rises 10.89 points (KUNA - 11/07/2012)

Kuwait Stock Exchange (KSE) closed Tuesday's trading session with green indices across its board, after a red start. The KSX 15 index gained 1.5 points to read 980.3 points. The price index, meanwhile, was at 5,853.08 points; an increase of 10.89 points

Saudi stocks plunge to 9-day low (Saudi Gazette - 11/07/2012)

Saudi Arabia’s bourse slumped to a nine-day low Tuesday as investors reacted to second-quarter earnings, while UAE banks were steady despite three international lenders withdrawing from debt restructuring talks with Dubai Group. Saudi stock benchmark

DFM falls as oil drops on China data (Bloomberg - 11/07/2012)

Dubai’s benchmark stock index fell to the lowest in more than a week as oil prices dropped after trade data signalled that growth in China, the world’s second-biggest economy, is slowing. The DFM General Index lost 0.2 per cent to 1,488.39 points, the

Saudi shares hit 9-day low; UAE lenders steady (Reuters - 11/07/2012)

Saudi Arabia’s bourse slumped to a nine-day low yesterday as investors reacted to second-quarter earnings, while UAE banks were steady despite three international lenders withdrawing from debt restructuring talks with Dubai Group. In Saudi Arabia, the

Qatar stocks edge higher on buy support from local institutions (Gulf Times - 11/07/2012)

The Qatar Exchange gained yesterday on the back of buying support from domestic institutions. Small, micro and mid cap equities were sought after as the QE Index (based on price data) gained 0.29% to 8,271.79 points. The market is down 5.78%

Tadawul turns down further (Gulfbase.com - 11/07/2012)

The Saudi stock market continued to fall yesterday. The index fell nearly 2.15 percent in three days. The Tadawul All-Share Index (TASI) slipped in the negative territory earlier yesterday, traded below the break-even line throughout the session to close

UAE markets slip, investors wary ahead of Q2 (Reuters - 10/07/2012)

UAE markets slipped on Tuesday, with investor little swayed to buy ahead of second-quarter earnings, while banks were steady despite three international lenders withdrawing from debt restructuring talks with Dubai Group. Dubai Investments Company was the

Qatar Stock Exchange Up 0.29% (QNA - 10/07/2012)

The Qatar Exchange was in the green area Tuesday, adding 24.30 points or 0.29% to 8,271.79 points from the previous closing of 8,247.49. The volume of the shares traded has increased to 5,641,744 from 3,984,744 on Monday and the value of shares down to

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