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Saudi shares recover on corporate results (Saudi Gazette - 08/07/2012)

Shares in Saudi Arabia managed to recoup losses posted early in the day and the stock benchmark Tadawul All Share Index closed 0.36 percent higher at 6,859.59 points Saturday, on positive second quarter corporate results for some listed companies. Saudi

KSE ends week with 1.24% rise, KSX 15 rises 0.63% (Al Watan - 08/07/2012)

Kuwait Stock Exchange (KSE) ended last week in the green zone. The price index ended last week with an increase amounted to 1.24 percent, while the weighted index increased by 0.44 percent compared to the closings of the week before, where KSX-15 Index

Tadawul index drives up (Gulfbase.com - 08/07/2012)

The Tadawul All-Share Index (TASI) dived in the south earlier on Saturday, traded in the downward territory for most of the session and finally crossed the breakeven line to close higher at 6,859.59 points level, achieving 24.82 points or 0.36 percent

Saudi rises on petchem stocks (Reuters - 07/07/2012)

Saudi shares closed higher on Saturday, lifted by gains in the petrochemical sector. The all-share added 0.4 per cent to hit 6,860 points and the petrochemical stocks added 0.3 per cent to 5,875 points. Shares in Almarai Company gained 1.2 percent after

Profit surge boosts Almarai share price (AME Info - 07/07/2012)

The Saudi Tadawul All-Share Index gained 0.36% Saturday and closed at 6,859.59 points, despite negative U. S. input from last Thursday, as lower than expected labour market data for June disappointed investors. In Riyadh, shares of Almarai Company, one

Buying support helps Doha index stay in positive terrain (Gulf Times - 07/07/2012)

Buying support from foreign institutions helped the Qatar Exchange stay in a positive trajectory during the week ending Thursday. Buying interest in large and mid cap equities led the QE Index (based on price data) and Total Return Index (which factors

Tadawul surges 3.8% in a week (Gulfbase.com - 06/07/2012)

Saudi stocks spent the entire week with impressive gains. The Tadawul All-Share Index (TASI) counterbalanced the lost points of previous week, up 249.14 points and dug in at 6,834.77 points, a weekly growth of 3.78 percent. The index touched an

Risk appetite turns positive (The National - 06/07/2012)

Dubai's shares ended the trading week higher yesterday, tracking global markets amid improved investor appetite for riskier assets. The Sharia-compliant mortgage lender Tamweel advanced 2.3 per cent to Dh1.29. Emaar Properties, the developer behind the

Qatar shares edge higher on local buying interest (Gulf Times - 06/07/2012)

Local retail investors’ buying yesterday drove the Qatar Exchange back onto a positive trajectory. Mainly paced by large and mid cap equities, the QE Index (based on price data) rose 0.16% to 8,267.36 points. The market is down 5.83% year-to-date. The

Dubai stocks hit 8-week peak (Reuters - 06/07/2012)

Dubai's bourse mounted a late-session rally yesterday to end higher for a fourth day in five as investor risk appetite increased, while Qatar National Bank lifted Doha's index after the lender reported second-quarter profit growth. Dubai's index climbed

Muscat bourse rebounds, ends four-day losing streak (AME Info - 05/07/2012)

The Omani stock exchange's MSM30 Index closed Thursday trading with a gain of 0.36% and ended at 5,577.29 points. National Bank of Oman topped the charts, closing 2.50% higher at OR0.288. Oman's banking sector got a boost from the government after it

Qatar Exchange Closes Week Up 1.78% (QNA - 05/07/2012)

Qatar Exchange index gained 144.34 points (1.78%) this week when the bourse closed Thursday afternoon at 8,267.36 points. The traded value this week was QR 706,456,795.16 decreasing by 11.23% compared to QR 795,847,968.90 last week. The traded volume

Qatar Stock Exchange Up 0.16% (QNA - 05/07/2012)

The Qatar Exchange was in the green area Thursday adding 13.26 points or 0.16% to 8,267.36 points from the previous closing of 8,254.10 . The volume of the shares traded was fell to 4,980,687 from 7,831,379 on Wednesday and the value of shares down to

NBAD expands to Malaysia, shares and market close unchanged (AME Info - 05/07/2012)

The Abu Dhabi equity measure ADXGI closed flat at 2,472.27 points Thursday. Amid rising oil prices and an ever increasing global energy demand, Abu Dhabi National Energy Co. or Taqa added 0.83% to reach Dhs1.22. The sheikhdom's largest lender National

Buyoant Dubai market bucks sluggish global trend (AME Info - 05/07/2012)

The DFM General Index consolidated above 1,500 by gaining 1.02% to reach 1,504.70 points Thursday, ending the week at a one-month high amid an improved indicators at the real estate market and a stable business climate in the emirate of Dubai. As trading

Profit-taking lowers DFM (The National - 05/07/2012)

Dubai's shares fell yesterday as investors booked profits after a strong rally amid euphoria over Saudi Arabia's upcoming mortgage law. Yesterday, Emaar Properties fell 1.6 per cent to Dh3.03 on the Dubai Financial Market (DFM) General Index. On Tuesday,

Foreign selling pressure lands Qatar shares in losses (Gulf Times - 05/07/2012)

Selling pressure from foreign retail traders and institutions yesterday landed the Qatar Exchange back in the negative turf. Small and large cap equities experienced selling pressure as the QE Index (based on price data) fell 0.03% to 8,254.10 points.

Egypt snaps 7-session rally; Gulf mostly lower (Gulf Times - 05/07/2012)

Egypt’s bourse snapped a seven-session rally on a technical correction, while most Gulf markets also fell yesterday as investors booked gains from the previous session’s rally driven by Saudi Arabia’s mortgage law approval. Egypt’s benchmark index

ADX hits one-week high (Bloomberg - 05/07/2012)

Abu Dhabi’s benchmark stock index on Wednesday rose to the highest in more than a week amid investor optimism global central banks will act to boost economic growth, reviving demand for oil. First Gulf Bank climbed for an eighth day. Arkan Building

KSE red at end of trading session (KUNA - 05/07/2012)

Kuwait Stock Exchange (KSE) closed Wednesday's trading session with red indices across its board. The KSX 15 index lost 0.31 points to read 985.69 points. The price index, meanwhile, was at 5,859.49 points; a loss of 34.84 points and the weighted index

Saudi stocks close lower (Gulfbase.com - 05/07/2012)

The Tadawul All-Share Index (TASI) fell 0.73 percent yesterday. The index slipped in the negative territory earlier yesterday, traded below the break-even line throughout the session to close lower at 6,834.77 points, shedding 50.5 points. It wavered

Qatar Exchange Slightly Down 0.03% (QNA - 04/07/2012)

The Qatar Exchange was slightly down on Wednesday 2.58 points or 0.03% to 8,254.10 points from the previous closing of 8,256.68. The volume of shares traded was up to 7,831,379 from 5,696,991 Tuesday, and the value of shares increased to QR175,287,991.90

Abu Dhabi developers perform mixed, as real estate prices decline (AME Info - 04/07/2012)

The ADX General Index gained 0.30% to close at 2,473.62 points Wednesday. Telecom firm Etisalat added slightly, ending at Dhs9.21. Earlier in the day, Etisalat said in a statement to the ADX that the Bombay High Court has named Indian law firm Solomon &

DFM closed lower at 1,489.58 points (AME Info - 04/07/2012)

Despite opening higher that yesterday, the Dubai Financial Market could not sustain its bullish momentum and closed Wednesday trading 0.84% lower at 1,489.58 points. Emaar, the UAE's first developer, was the most liquid share, dropping 1.62% to Dhs3.03.

GCC markets fall 2.91 per cent in June (Oman Daily Observer - 04/07/2012)

GCC markets were down in June, losing 2.91 per cent after a decrease of 6.1 per cent in May, the Kuwait Financial Centre (Markaz) revealed yesterday. All GCC markets except Abu Dhabi were in the red. Saudi (TASI) was the largest loser shedding 3.80 per

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