GulfBase GCC Cap Indices
IndexLevelChg%
Large Cap4,062 0.46
Med Cap3,919 -0.07
Small Cap5,002 -0.12
Micro Cap8,459 0.09

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Ticker Price Volume
QNBK 140.5 228,988
GFH 0.58
AMLAK 1.14 18,569,315
BATELCO 0.23
SABIC 99.9 648,774
ALMARAI 82 205,840
SECO 24.12 140,394

Forex News


Pressure mounts on the US dollar


The US dollar weakness continued through July as the US Dollar Index, a measure of the value of the greenback against a basket of major currencies, tanked to a 13-month low. For the better part of the year, we have been campaigning on the back of a

UAE Central Bank posts sharp rise in foreign currency supply


The UAE Central Bank on Sunday said its total assets have increased by 10.8 per cent to Dh391.96 billion in the first half of this year. The total foreign currency supply at the UAE Central Bank surged to Dh338.34 billion by the end of June, a growth of

Dollar falls on perceived ECB path


The U S dollar hit its lowest level in more than a year against a basket of major rivals on Friday a day after the European Central Bank’s chief abstained from talking down the euro, while obstacles to U S President Donald Trump’s policy agenda also

UAE economy expected to benefit from dollar weakness


If you thought your dirham wasn’t going as far as it used to a year ago, you’re right, but a weaker dirham caused by a weakening of the US Dollar could be very good news for the UAE economy. With the UAE dirham being pegged to the dollar, analysts said

Dollar sinks on Trump healthcare blow


The dollar sank Tuesday as two Republican senators rejected their party's bill to repeal Obamacare, effectively killing it and throwing Donald Trump's economic agenda into doubt. "European equities are suffering under a weaker dollar after the Republican

Yuan finds lift on China's GDP and central bank


The onshore yuan traded near the highest level in eight months, boosted by a stronger central bank fixing and data showing China’s economy held up in the second quarter. The yuan gained 0.02 per cent to 6.7728 per dollar, close to its highest level since

Sterling slips back below $1.31 as Brexit talks begin


Sterling slipped back below $1.31 on Monday after soaring to its highest levels in 10 months at the end of last week on a broad dollar sell-off. Traders were cautious as four days of Brexit negotiations began in Brussels. The pound jumped almost 2 cents

South Africa’s rand at two-week high vs hobbled dlr, stock rise


South Africa's rand extended its gains against a weak dollar on Friday, lifted by technical factors and comments by senior US central bank officials about "gradual" tightening, which also helped ignite stocks. At 1530 GMT, the rand was fetching

Dollar hits four-month high ahead of Yellen's testimony


The dollar hit a four-month high against the yen and global equity markets edged up on Tuesday as investors awaited testimony by Federal Reserve chairman Janet Yellen this week and any signs of tighter U.S. monetary policy. MSCI's measure of stock

China’s central bank mulls further yuan reforms


China appears to be considering further reforms to its foreign exchange market such as reduced state meddling and freer trading of the yuan, but analysts are skeptical about its efforts to relax currency controls. A newspaper run by China’s central bank

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