GulfBase GCC Cap Indices
Large Cap3,984 -0.04
Med Cap4,033 -0.15
Small Cap5,138 -0.41
Micro Cap8,638 0.21

Research Reports

Quick Links

Most Viewed News

Most Viewed Companies

Ticker Price Volume
QNBK 163.9 125,194
BKMB 0.46 415,058
BATELCO 0.28 241,014
SABIC 93.59 4,632,438
OTEL 1.44 122,206
RIBL 10.75 376,075
EEC 20.53 597,279

Forex News

Jordan, in cooperation with ICD, JICA, closes local currency Sukuk

Jordan closed its inaugural local currency Sukuk on Monday and the debut sovereign issuance was more than three-times oversubscribed. The amortized Ijarah-based Sukuk has a tenor of five years and expected profit rate of 3.01%. The landmark sovereign

Exchange companies follow law

Everyday, Egyptian newspapers announce both the official and black market currency exchange rates, but most money exchange companies are now applying the official rates only to avoid being charged by the police after a number of companies were closed in

US again clears China of currency manipulation

The US Treasury on Friday cleared China of keeping the yuan cheap for trade advantages, amid accusations by Republican presidential candidate Donald Trump that it manipulates the currency. In a semi-annual review mandated by Congress over fears US trade

Renminbi to become trading currency of choice for UAE businesses

Renminbi (RMB) is fast emerging as trading currency of choice among the UAE based businesses, according a study by HSBC Commercial Banking. Nearly half of businesses (49 per cent) surveyed in the UAE forecast that the RMB will become an international

Rouble’s winning ways are biggest threat to its major forecaster

Sizzling carry trade? Check. Big-time beneficiary of Opec’s Algiers deal? Check. There’s just one catch: The rouble may be too popular for its own good. The best-performing major currency since the surprise move by oil producers on September 28 to limit

GCC currency pegs expected to remain in place: Samba

GCC currency pegs to the dollar are expected to remain in place, Samba has said, although the financial group noted these remain under pressure in the region compared to historical standards. “Pressure on the riyal has abated from its early-year

Dollar hits 11-week high on bets of December Fed rate hike

The dollar hit an 11-week high against a basket of major currencies on Tuesday as investors increased their bets on the U.S. Federal Reserve raising interest rates before the end of the year. New Zealand's dollar was the biggest loser against the

Vitol chief says weak pound helps costs

The head of energy trader Vitol who helped fund the unsuccessful campaign to keep Britain in the European Union said that the pound’s demise since the Brexit vote has helped to lower costs for his London offices. Ian Taylor, who is also a donor to the

Pound’s safety-valve status in jeopardy as tumble accelerates

The pound risks turning from prop to pain for the UK economy as Brexit negotiations near. Sterling tumbled the most last week since the vote to leave the European Union in June, as investors woke up to the fact that the UK government’s approach to Brexit

Declining British pound held hostage by prospects of a hard Brexit

After a dramatically dismal week for the pound punctuated by a flash crash in Asia, traders doubt it will shake off its tag of the worst-performing major currency in 2016. They’re negative because sterling is held hostage by the prospects of a hard

GulfBase GCC Index
Search By
  • Company Symbol
  • Company Name
  • Mutual Fund Name
  • News Content
Send this page to a friend


Looking ahead, what change you are more likely to make in investing in your domestic stock market?