GulfBase GCC Cap Indices
Large Cap4,413 0.44
Med Cap5,433 0.08
Small Cap7,095 -0.04
Micro Cap10,663 -0.25

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SABIC 94.91 3,758,230
SAVOLA 67.34 734,561
TIRECO 44.09 225,804
RIBL 16.72 659,765
SAGRINSURANCE 28.92 220,118
MAZAYA 114 320,886
PETRORABIGH 21.7 1,907,414

Forex News

Yen's Slide Continues; Euro Edges Higher vs Dollar

The yen slid to a fresh 12-year low against the dollar Friday as growth in the two major economies continued to diverge. The euro meanwhile edged higher against the greenback amid fresh pressure from the G7 on Greece and official creditors to reach a new

Yen drop rattles S Korean exporters

The yen’s slide to a 12-year low is drawing the ire of authorities in South Korea and Taiwan as the two economies seek to reverse a drop in exports. The Japanese currency fell to 124.46 a dollar on Thursday, the weakest level since late 2002, as an

Dollar soars to 12-yr high against yen

The dollar soared to its highest level against the yen in more than 12 years on Thursday, powered by expectations for a US interest rate hike and more monetary easing from Japan’s central bank. The greenback briefly touched 124.30 yen in Tokyo midday

Lira bear-market trade back after opinion polls

The prospect of a coalition government in Turkey is reviving one of the biggest bear-market trades this year. As three separate opinion polls signalled the ruling AK Party may fail to win enough votes in next month’s parliamentary elections to rule

Dollar’s Strength Extends Into Fourth Session

The dollar rallied into a fourth session on Wednesday, as investors added to their bets that the U.S. recovery would push forward the timeline for higher borrowing costs. The dollar reached a nearly eight-year high against the yen, advancing 0.5% to

Dollar flirts with 2007 peak vs yen, consolidate against others

The dollar hovered at eight-year highs against the yen early on Thursday, having stopped short of breaking above its 2007 peak as it consolidated recent gains against the euro and other peers. The greenback popped above 124.00 yen for the first time

Dollar dips against euro, rises on yen

The dollar dipped against the euro on Wednesday (May 27) due to increased optimism about Greek debt talks, but continued to climb against the yen. Greek Prime Minister Alexis Tsipras said the debt-wracked country was "in the final stretch" of talks with

Indian rupee return seen best in emerging markets

The rupee’s retreat this quarter hasn’t dented forecasts for returns in the high-yielding currency as India overtakes China as the world’s fastest-growing economy. Investing dollars in rupees will earn 5.2% this year, including interest, according to

Dollar in vogue on CPI boost and Yellen’s comments, euro weakens

The dollar hit a one-month high against a basket of major currencies on Monday after stronger-than-expected underlying US inflation bolstered the Federal Reserve's case for an interest rate hike later this year. Fed Chair Janet Yellen's comments that the

Pound to Euro Exchange Rate Forecast Raised by Lloyds

As we enter the middle of 2015 we take stock of where the pound euro exchange rate is and hear from two leading institutional researchers that while there are better exchange rate levels ahead the euro will ultimately recover. Analysts at Lloyds Bank

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