27/09/2017 06:17 AST

Qatar’s stock index climbed 1.4 percent, its largest single-day rise since July 13 as local and regional funds were again net buyers, bourse data showed.

Commodity-linked shares were some of the top performers on Tuesday, with oil and drilling service provider Gulf International Services surging 9.1 percent, Reuters reported. The traded volume surged to 12 millions yesterday from the previous session’s 7 million and the value of shares increased to QR289m from QR178m.

Rising oil prices helped Middle East indexes eke out modest gains yesterday, though shares more exposed to foreign funds followed global markets lower, weighed down by a list of worries including North Korea.

Brent oil surged 3.8 percent overnight to settle at $59.02 a barrel after major producers said the global market was on its way to rebalancing, and crude held near that level yesterday. The Dubai index added 0.2 percent as stocks favoured by local day traders were the most active; builder Drake & Scull climbed 2.4 percent.

Rising tensions between North Korea and the United States hurt Egyptian shares which are most vulnerable to foreign fund flows; private equity company Qalaa Holdings dropped 5.7 percent.

The Peninsula

Ticker Price Volume
QNBK 127.79 128,466
BURUJ 34.17 145,491
SAIB 15.84 181,995
PETRORABIGH 23.18 2,593,959
TAWUNIYA 73.05 606,413
SABIC 104.86 2,962,784
SCERCO 24.98 64,955

QE 9,119.01 20.37 (0.22%)

Dividend Yield (%)
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Index vs...
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg
Ticker Price Change
QNBK 127.79 -0.10 (-0.08%)
IQCD 108.79 1.09 (1.01%)
MARK 41.59 0.09 (0.21%)
ORDS 87.84 0.04 (0.04%)
ERES 9.96 -0.29 (-2.83%)
Oman’s share index falls marginally


The MSM30 Index closed the session at 5,000.48 points, down 0.14 per cent. The MSM Sharia Index declined 0.16 per cent to end at 706.19 points. Galfar Engineering was the most active in terms of volu

Times of Oman

UAE bourses stay sluggish amid select buying


UAE bourses remained sluggish on Tuesday even as a few stocks witnessed select buying due to specific fundamentals.

The Dubai Financial Market General Index closed 0.84 per cent lower at 3

Gulf News

Saudi Arabia issues 7.22b riyals of domestic sukuk


Saudi Arabia’s finance ministry issued 7.22 billion riyals ($1.93 billion; Dh1.55 billion) of domestic sukuk in its monthly sale by re-opening an issue originally made last month, the ministry said o

Gulf News

EFG Hermes upgrades Saudi Arabia ahead of anticipated EM index inclusion


EFG Hermes has revised its outlook for Saudi Arabia upwards to overweight status, ahead of the country’s anticipated inclusion in the MSCI and FTSE emerging market indexes, which will generate flows

The National

Muscat bourse falls on weak sentiment


A sluggish trend prevailed on the Muscat Securities Market with the general index shedding 6.89 points. The MSM 30 Index closed at 5,007.52 points.

The market turnover stood at OMR1.25 mil

Times of Oman