GulfBase GCC Cap Indices
Large Cap3,420 1.93
Med Cap3,690 1.15
Small Cap4,741 1.26
Micro Cap7,238 1.04

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SAGRINSURANCE 27.72 1,081,168
SABIC 67.39 9,360,080
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APBS 0.65 2,800
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TAWUNIYA 75.3 244,274

Forex News

Dollar weakens against yen on demand for safer assets

The dollar declined against the yen on Wednesday on expectations a US interest rate rise will be delayed while demand for safer assets increased on the back of volatile oil prices and worries about China's economy. Concerns about the slowdown of Chinese

Weak Chinese data bogs down dollar, commodity currencies

The dollar hit three-week lows on Tuesday and commodity-linked currencies fell hard as disappointing Chinese import data fed worries about the global economy and raised bets the Federal Reserve would not raise US interest rates until 2016. The pound shed

Dollar index wallows close to 3-week low on Fed uncertainty

The dollar languished around three-week lows against a basket of currencies on Tuesday, as expectations faded that the U.S. Federal Reserve would hike interest rates as early as this month. The dollar index, which tracks the U.S. currency against a

U.S. dollar is having a rough October

It's value has sunk along with uncertainty around when the Federal Reserve will raise its key interest rate. These recent losses come after the dollar has surged against most currencies for much of this year. Some emerging market currencies have staged

Dollar slips as Fed officials stay bearish; yuan higher

The US dollar edged lower against the euro and other currencies on Monday as two top Federal Reserve officials took cautious stances in comments on interest rate plans. The US dollar edged lower against the euro and other currencies on Monday (Oct 12) as

Dollar little changed as China announces stimulus

The dollar was little changed versus most major currencies, but fell versus the Chinese yuan after the People’s Bank of China announced fresh stimulus measures. While most banks, federal institutions and U.S. bond markets were closed Monday for the

Fed keeps US dollar on the defensive, stocks steady

The US dollar fell on Monday and gold continued to rise as markets priced the possibility that the Federal Reserve would not begin a tightening cycle this year, while US stocks opened little changed. Speaking at the annual autumn meeting of the IMF and

Sterling firms to near two-week high versus struggling dollar

Sterling climbed towards a two-week high against the struggling dollar on Monday, as investors cut bets in favour of the greenback on growing confidence that the Federal Reserve will not raise interest rates anytime soon. And while that has pushed back

Money exchanges seek standardisation of anti-money laundering effort

The currency exchange houses that are primarily engaged in money transfer and foreign exchange business in the UAE are seeking to standardise their anti money laundering (AML) efforts in an industry-wide push for adoption of world-class regulatory

Dollar stung by Fed minutes, commodity currencies outperform

The dollar started trade in Asia on Friday under a cloud, having come under renewed pressure after minutes of the Federal Reserve's September meeting reinforced doubts that the central bank will hike interest rates this year. The minutes revealed a

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