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
EXTRA 54.30 397,415
SISCO 13.44 432,595
SECO 18.40 732,542
KEC 10.44 169,610
SAMBA 29.80 1,824,433
JADCO 23.24 26,909
FARM 18.72 38,399

QE 9,447.88 -144.35 (-1.50%)

Market
P/E
Price/BookValue
Dividend Yield (%)
Performance
  • 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 163.52 0.02 (0.01%)
IQCD 119.52 -2.50 (-2.05%)
QIBK 124.00 -6.00 (-4.62%)
MARK 36.74 -0.28 (-0.76%)
ERES 9.31 -0.70 (-7.00%)
Oman shares end marginally higher

16/08/2018

The MSM30 index ended higher on Wednesday and closed at 4,389.44 points, up by 0.37 per cent. MSM Sharia Index closed at 606.15 points, up by 0.07 per cent. Bank Muscat was the most active in terms o

Times of Oman

Other UAE banks attract attention as Emirates NBD extends falls

16/08/2018

Emirates NBD shares fell on Wednesday, extending losses for the eighth session, as traders shifted to other banks like Dubai Islamic Bank and First Abu Dhabi Bank.

Emirates NBD closed 2.28

Gulf News

DFM and ADX achieve 100% compliance

16/08/2018

The Dubai Financial Market (DFM) on Wednesday announced that its local public listed companies have recorded a 100 per cent compliance regarding the disclosure of Q2-2018 results within the deadline

The Gulf Today

Oman share index ends lower

15/08/2018

The MSM30 index ended lower on Tuesday and closed at 4,373.08 points, down by 0.20 per cent. MSM Sharia Index closed at 605.72 points, up by 0.04 per cent. Oman Cement was the most active in terms of

Times of Oman

Dubai index sheds 0.22% despite strong Emaar results

15/08/2018

Emirates NBD weighed on the Dubai index for a third straight day on Tuesday, and even strong second quarter results from Emaar failed to cheer the market.

The Dubai Financial Market General

Gulf News