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?Saudi? Arabia's bourse jumped today after the Capital Market Authority said it would open the stock market to direct investment by foreign financial institutions in the first half of 2015, news agencies reported.
The main ?#?Tadawul? index (TASI) rose 3.2%, its biggest rise since April 2012, to a fresh 6-year high of 10,062 points in the first hour of trade.
It was trading near 9,984 points, up 2.4% by 2.05pm.
Leading UAE banks have come to the bond market, and they are getting a warm response. Sharjah Islamic Bank priced its $500 million 5-year sukuk at LIBOR plus 285 bps, and received more than $3.4 bil
Domestic institutions’ strong penchant for buying Wednesday extended the bullish run on the Qatar Stock Exchange for the second straight session as its key index surpassed the 9,200 level.
Muscat Securities Market (MSM) general index (30) lost 7.1 points, comprising a decline by 0.20 per cent to close at 3,520.74 points, compared to the last session, which stood at 3,527.84 points.
Times of Oman
The MSM30 index ended lower on Monday and closed at 4,381.92 points, down by 0.55 per cent. MSM Sharia Index closed at 605.47 points, down by 0.07 per cent. Bank Nizwa was the most active in terms of
Times of Oman
The contagion impact from the crisis in Turkey was being felt in Dubai, along with other emerging markets.
The impact was felt largely through Emirates NBD, which recently entered an agreem