GulfBase GCC Cap Indices
IndexLevelChg%
Large Cap3,912 -0.22
Med Cap3,902 0.08
Small Cap5,065 -0.07
Micro Cap8,584 0.50

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Ticker Price Volume
QNBK 143.8 312,074
SABIC 95.98 4,534,377
GFH 0.62 131,131
DU 5.58 788,634
EEC 20.57 1,278,229
NBAD 11 4,851,634
ALMARAI 73.08 135,963

Forex News


China forex reserves fall by $320bn in 2016


China’s foreign exchange reserves fell to near six-year lows in December, but held just above the critical $3 trillion level, as authorities stepped in to support the weakening yuan ahead of US President-elect Donald Trump’s inauguration. China’s

South Africa’s rand firms as dollar retreats, stocks down


South Africa's rand firmed on Wednesday as the US dollar fell against a basket of currencies, with investors cautious about increasing bets on the greenback before getting fresh clues on the US economy and the timing of interest rate rises. Stocks were

C$ jumps to near 3-week high amid upbeat global data


The Canadian dollar strengthened to a near three-week high against its US counterpart on Wednesday, together with gains for other commodity-linked currencies after upbeat global economic data. A batch of reports from Europe showed that French consumer

Strong dollar lifts Japan shares to 13-month high


The US dollar crept nearer to 14-year peaks on Wednesday as an abundance of upbeat global economic data boosted Wall Street and signs of quickening inflation dented fixed-income debt. Spreadbetters pointed to a firm opening for European bourses, while

Turkey lira crashes to historic low on security, inflation


Turkey’s embattled currency the lira on Tuesday crashed to a new historic low against the US dollar due to higher than expected inflation figures and security worries after the Istanbul nightclub attack. The lira was trading at 3.59 to the greenback, a

China’s new rule on yuan transfers not a capital control measure


China’s new rules on cash transactions and overseas transfers of yuan currency are not forms of capital controls, the state news agency Xinhua said, citing a central bank economist. Banks and other financial institutions in China will have to report all

UK round pound to be ditched in October in counterfeit fight


The UK’s round pound coin will no longer be legal tender from October, allowing for a six-month transition to a new 12-sided version that will enter circulation on March 28. Britons should aim to spend the coins or exchange them at a bank before the

Asian flash surge takes euro to $1.07


A short-lived surge in the euro dominated this year's last day of trade in major foreign exchange markets on Friday, with dealers citing a handful of orders as driving the dollar to its lowest since Dec. 8. The euro climbed to as much as $1.07, two full

Dollar gains 3.7% against currencies in 2016


New York: The US dollar notched its fourth straight year of gains against a basket of major currencies. The dollar index, which measures the greenback against a basket of six major rivals, gained about 3.7 percent for the year. The dollar index rose

China said to boost scrutiny of foreign currency purchases


China plans to step up its monitoring of how citizens use their annual quota for changing yuan into foreign currencies, according to four people familiar with the matter. The State Administration of Foreign Exchange will require extra documentation for

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