GulfBase GCC Cap Indices
IndexLevelChg%
Large Cap3,413 0.58
Med Cap3,664 0.03
Small Cap4,729 0.60
Micro Cap7,196 0.52

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SAGRINSURANCE 28.4 781,876
TAWUNIYA 76.25 22,395
GISS 33 1,594,014
SABIC 67 2,397,828
RIBL 11.15 150,334
ALMARAI 71 39,823
QNBK 139.9 91,955

Forex News


British Pound to Euro Forecast to Reach 1.38 Target, But Watch ECB Dec


The British pound is has made a technical break higher but faces volatility in the form of the October policy decision at the European Central Bank (ECB). The outlook for the British pound to euro exchange rate from a technical perspective now relies on

European shares and dollar edge up, ECB keeps investors wary


Shares edged up in Europe and the dollar made slight gains on Thursday, with investors focussing on the European Central Bank, which is expected to keep the door open to more economic stimulus after its latest policy-setting meeting. Chinese stocks were

Euro Flat Against Dollar


The euro remained flat against the dollar in Asia trade Thursday, as many investors avoided making large bets ahead of the European Central Bank’s policy-setting meeting later in the day. Around 0450 GMT, the euro was almost flat at $1.1338 from $1.1339

Euro Defies Stimulus Bets Before Draghi While Kiwi Bounces Back


The euro barely budged as traders refrained from making major bets before European Central Bank President Mario Draghi gives a policy update Thursday. The euro has weakened 0.4 percent versus the greenback in the past week, the smallest decline among 16

Sterling stymied below $1.55, awaits ECB meeting


Traders betting on a stronger pound failed to drive sterling above $1.55 on Wednesday, before a European Central Bank policy meeting on Thursday that has dominated trade for days. Speculation that the ECB would announce more stimulus to prop up a

Egyptian pound devalues and US dollar index struggles


The Egyptian pound has been devalued and the US dollar index continues to struggle. The Central Bank of Egypt is struggling due to a dollar shortage, a significant debate on the weakening of the Egyptian pound. Two devaluations in one week resulted in

Dollar Flat Amid Lack of Fresh Cues


The dollar was unchanged against the yen and the euro in range-bound Asian trade Tuesday, as investors remained reluctant to make major bets given the lack of fresh trading cues. Around 0450 GMT, the greenback was at Y119.49, unchanged from late Monday

Euro slips as markets look to ECB meeting


The euro slid lower on Monday as investors looked ahead to a European Central Bank meeting later in the week amid speculation over whether it will announce plans to enlarge its quantitative easing program. EUR/USD eased 0.17% to1.1327, the lowest level

Forex woes push Slim's America Movil to first loss in 14 years


Mexican billionaire Carlos Slim's America Movil on Monday reported its first quarterly loss in almost 14 years as a sharp depreciation in Latin American currencies battered the region's biggest pay TV and wireless company. Grappling with tougher

US Dollar Rose Due to Decent Inflation and Labor Data


The US Dollar Index rose to a high of 94.6 when the labor and inflation data were released on October 15, 2015. The nearly 0.47% rise in the US Dollar Index was also helped by Ewald Nowotny’s comments. He’s a member of the ECB (European Central Bank)

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