GulfBase Cap Indices
IndexLevelChg%
Large Cap3,815.45 -0.19
Med Cap4,257.97 -0.27
Small Cap5,246.4 0.05
Micro Cap9,448.3 -0.04
At market close 25/05/2013

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RIBL 23.7 438,319
UCA 35.7 110,686
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BURUJ 47.2 339,758
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EMAAR.TASI 9.6 17,483,808
AICC 29.5 1,332,807

Forex News

Speculators pare long dollar bets in week - CFTC and Reuters


Currency speculators slightly reduced their bets in favor of the U.S. dollar in the latest week, according to data from the Commodity Futures Trading Commission released on Friday. The value of the dollar's net long position fell to $24.49 billion in the

Asian Currencies Complete Best Rally Since September on Stimulus


Asian currencies rose for a fourth week, the longest winning streak in seven months, on speculation central banks will provide more policy stimulus after data from China to the U.S. fanned concerns that slowdown. South Korea’s won reached a seven-week

Pound Climbs a Second Week Versus Dollar as Data Beats Estimates


The pound strengthened for a second week against the dollar as economic reports that exceeded analyst estimates boosted confidence that growth is accelerating. Sterling climbed to an 11-week high versus the greenback as reports from U.K. business

Forex: EUR/USD holds above the 1.3050


The EUR/USD collapsed on Thursday after ECB's movements on rate cuts and the 'open mind' about the negative deposit rates. Mario Draghi opened the door to further cuts and said the bank is 'technically ready' in case the eurozone conditions worsen. The

Forex - EUR/USD slightly lower on ECB rate cut hopes


The euro is trading modestly lower against the U.S. dollar during Wednesday’s Asian session as hopes increase that the European Central Bank will lower interest rates following its monetary policy meeting Thursday. In Asian trading Wednesday, EUR/USD

Pound Stays Higher Versus Dollar, Euro After ECB Cuts Rate


The pound stayed higher versus the dollar and the euro after the European Central Bank cut its benchmark interest rate to a record-low 0.5 percent. Sterling gained 0.2 percent to $1.5582 at 12:49 p.m. London time and strengthened 0.1 percent to 84.66

Indian rupee slips from two-month highs


The Indian rupee slipped from two-month highs to close flat on the back of a short-covering rally in the greenback, but sentiment remains positive ahead of the central bank’s policy meeting. However, after market hours, the central bank warned of “very

Dollar Snaps Biggest Advance in 2 Weeks Versus Euro Before Jobs


The dollar snapped its biggest advance against the euro in two weeks before the U.S. releases April jobs data after the previous report disappointed with employers adding the fewest positions in nine months. The euro yesterday dropped versus 15 of its 16

Yuan Jumps to 19-Year High on Biggest Fixing Boost Since October


China’s yuan advanced to a 19-year high after the central bank raised the currency’s reference rate by the most in more than six months amid speculation U.S. monetary stimulus will spur faster gains. Volatility surged. The yuan strengthened 0.15 percent

Pound Within 0.4% of 11-Week High Before U.K. Construction Data


The pound was within 0.4 percent of the highest level in 11 weeks versus the dollar before a report that economists said will show U.K. construction shrank at a slower pace in April. Sterling was little changed against the euro before the European

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