GulfBase GCC Cap Indices
IndexLevelChg%
Large Cap4,453 1.46
Med Cap5,469 0.80
Small Cap7,013 0.65
Micro Cap10,696 0.49

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SAGRINSURANCE 31.11 491,288
FOODCO 3.5 6,000
RIBL 17.19 1,548,346
ALMARAI 91.13 237,738
SABIC 87.2 7,105,330
EEC 38.92 6,283,857
SAFCO 112.69 391,360

Forex News


Bullish dollar hovers near multi-year highs vs yen, euro


The dollar hovered near multi-year highs against the yen and euro on Tuesday, initially flagging on profit taking but quickly finding its footing again as the underlying theme of monetary policy divergence held sway. The dollar received a firm boost

AUD/USD Sees Selling Pressure


In what has been a rather subdued session amid a lack of fundamental news-flow, AUD/USD saw some selling pressure overnight after the lacklustre Chinese Trade Balance data which saw the import component fall the most since the global financial crisis.

Turkish central bank cuts forex deposit rates; lira firms


The Turkish Central Bank said on Monday it was cutting its interest rates for one-week foreign-exchange deposits, triggering gains in the lira after a week of sharp declines, driven partly by worries over political pressure on the bank. The lira firmed

EUR Consolidates Weakness, USD/ZAR Above 12


The week starts with further EUR/USD weakness as Asia sent the pair down to 1.0823 amid the US printed strong jobs figures in February. The nonfarm payrolls (295K) overbeat the market expectations (235K), the unemployment rate fell to 5.5% (from 5.7%

China’s yuan falls on central bank guidance,shrugs off record trade su


SHANGHAI: China's yuan weakened against the dollar on Monday, after the central bank set its midpoint rate at the lowest level since November, which traders said signalled that monetary authorities intend to guide the currency mildly lower. Before the

Dollar basks in payrolls afterglow, Greece back in hot seat


SYDNEY/TOKYO, March 9 (Reuters) - The dollar drifted to a fresh 11-year high against a basket of major currencies early on Monday as markets wagered the Federal Reserve might raise interest rates sooner rather than later. Surprisingly strong U.S. jobs

EUR/USD drops to 11-yr low, as Euro bond market plunges


The euro fell to an 11-year low against the U.S. Dollar for the third consecutive day, as currency traders weighed the divergence that may ensue from the start of a monetary easing program in Europe with a potential interest rate hike in the United

Punch-drunk US dollar gains ground against Indian rupee


One-two-three punch, but still the US Dollar managed to gain ground against the Indian Rupee. First, it was a visionary Railway Budget, followed by a marginally positive Union budget and then finally the “cherry on top” from the RBI, reducing key policy

DOLLAR SOARS ON STRONG US JOBS REPORT


The US dollar has soared after a surprisingly strong jobs report lifted expectations the Federal Reserve will raise interest rates as early as June. Despite bad winter weather in February, the world's largest economy added 295,000 jobs, and the

Dollar strength weighs on prices; precious metals lose shine


Commodity prices came under pressure last week from a strong dollar which surged to multi-year highs against the euro. The dollar rallied as the European Central Bank neared the launch of its massive stimulus package and after strong US jobs data raised

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