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Markets tumble on Egypt fear
(Khaleej Times - 31/01/2011)

Gulf stock markets tumbled on Sunday as regional investors dumped shares, especially of companies with significant exposure to Egypt. The Dubai Financial Market shed 4.32 per cent of its value at the opening of trading week, with the benchmark index

KSE stocks plummet over Egypt unrest
(Kuwait Times - 31/01/2011)

KSE stocks saw its shares slump yesterday, as tension in Egypt made for cautious trading. There was a big panic from the investors and the shares of all sectors have dropped. That is the result of the current sentiment on the market. It's worth

QE drops 2.95%; knocks off QR13bn capitalisation
(Gulf Times - 31/01/2011)

Political unrest in Egypt triggered a sell-off by foreign institutions on Qatar’s bourse, which yesterday reported its sharpest decline in eight months, knocking off QR13bn capitalisation in a single day. Blue-chip equities took a severe beating as the

Gulf markets tumble on Egypt contagion fears
(Reuters - 31/01/2011)

Gulf stock markets tumbled yesterday as investors, rattled by turmoil in Egypt and concerns the unrest may spread, quit their positions to push indices to multi-week lows. Egyptian protesters were on the streets again in central Cairo, demanding

Gulf bourses lose $10b in single session on Egypt turmoil
(Business 24|7 - 31/01/2011)

Market capitalisation across the stock markets in the GCC, barring Saudi Arabia, slipped sharply on Sunday from their previous close on Thursday, as unrest in Egypt rattled stock markets in the UAE and across the Gulf. The total market cap (primary

Gulf stock markets shaken by Egypt unrest
(AFP - 31/01/2011)

Stock markets in several Gulf countries, where many leading firms have interests in Egypt, dropped Sunday on mounting concerns over developments in the world’s most populous Arab nation. The Dubai Financial Market shed over six percent of its value at

KSE drops 122 points, closes in red zone at 6,822 points
(Al Watan - 31/01/2011)

Several major portfolios in the market have took advantage of demonstrations and political turmoil in Egypt in addition to sharp decrease that affected the indices of most financial markets in the region, by deliberate and professional action to

Markets hit by turmoil in Egypt
(The National - 31/01/2011)

UAE indexes fall Investors reduce exposure to risk as unrest sweeps Cairo Equity markets in the UAE fell yesterday as investors cut their exposure to risk in Egypt amid growing political tension across the north African country. Dubai's main index

Turmoil rattles Mideast bourses
(Arab News - 31/01/2011)

The Saudi stock market rebounded Sunday after a 6.43 percent plunge a day before, but investors, nervous about instability gripping Egypt, drove stocks down sharply elsewhere in the Middle East. The losses, led by a drop of more than 4 percent in the

Gulf markets tumble on Egypt turmoil, contagion fears
(Agencies - 31/01/2011)

The price index of Kuwait Stock Exchange (KSE) ended trading on Sunday with a decrease of 122 points to 6,822 points, while the weighted index dropped by 9.54 points, reaching 478.53 points. Trades came to 5,209 transactions, worth about 58.8 million

KSE index starts day trading in green
(KUNA - 31/01/2011)

The price index of Kuwait Stock Exchange (KSE) was up 9.9 points to 6,831.9 points by 9:20 a.m. Monday, while the weighted index increased 0.15 points to 478.68 points. The session saw 787 trades so far at KD 5 million, involving 76.7 million shar

Dubai Investments sees Q4 profit drop 36%
(AME Info - 31/01/2011)

Dubai Investments has posted a 36% fall in fourth-quarter profit to Dhs89.7m ($24.43m), AFP has reported. Net income for 2010 amounted to Dhs804.9m ($219.2m), and revenue fell to Dhs3.3bn from Dhs3.7bn in 2009, the company said. Dubai Investments, which

KSE's price index still green
(KUNA - 31/01/2011)

The price index of Kuwait Stock Exchange (KSE) was green at 11:37 a.m. Monday, increasing 38.9 points to 6,860.9 points. Meanwhile, the weighted index was up 4.44 points and reached 482.97 points. Volume came to 224.9 million shares by that time, traded

Abu Dhabi market adds one percent
(AME Info - 31/01/2011)

Abu Dhabi-listed real estate shares helped the market to recover from Sunday's mini-crash. The ADX General Index closed one percent higher at 2,586.75 points. RAK Properties (up 2.56% at Dhs0.39), Sorouh Real Estate (1.50% higher at Dhs1.34) and Aldar

Qatar Exchange Up 0.41%
(QNA - 31/01/2011)

The Qatar Exchange was slightly up on Monday adding 35.37 points or 0.41% to 8,745.14 points from the previous closing of 8,709.77. The volume of shares traded fell to 11,417,624 from 25,762,576 Sunday and the value of shares down to QR423,495,165.45

KSE price index ends action in green
(KUNA - 31/01/2011)

The price index of Kuwait Stock Exchange (KSE) ended trading on Monday with an increase of 37.2 points to 6,85902 points, while the weighted index increased 2.4 points to 480.93 points. Trades came to 4,188 transactions, worth about KD 33 million, and

Tadawul dives 6.43% on ‘uncertainties’
(Arab News - 30/01/2011)

The Saudi stock market felt the ripple effect of regional unrest when it plunged 6.43 percent Saturday. The Tadawul All-Share Index (TASI) dropped 430.58 points to 6,267.22. "Investors abhor uncertainty. We have repeatedly seen during the global crisis

Saudi tumbles on Egypt turmoil
(Kuwait Times - 30/01/2011)

Saudi Arabia's stock exchange tumbled by over 6 percent yesterday, setting the stage for other regional markets to drop as concerns mounted about the violent protests in Egypt. The Tadawul All Shares Index fell 6.44 percent to close at 6,267 points. The

Investors take positions ahead of results
(Kuwait Times - 30/01/2011)

Hyper activity was seen on the Kuwaiti market this week with the annual results announcements becoming so near. Investors were seen taking positions in the banking and the services sectors in anticipation of a positive earnings generated by the Kuwaiti

Saudi bourse plunges 6.43% on Egypt tensions
(AFP - 30/01/2011)

The Saudi stock market, the largest Arab bourse, plunged 6.43 percent to 6,267.22 points on Saturday as tensions soared in Egypt, where deadly anti-government protests continued for a fifth day. The market has been gripped by severe anxiety because of

Alshall market review
(Gulf Times - 30/01/2011)

Weekly performance of the Qatar Exchange (Week of January 23, 2011): The Qatar Exchange (QE) showed negative performance during the week starting January 23, 2011 (five trading days). The official QE Index fell 1.01% over previous week’s closing (five

Middle East bourses gain $12bn in 3 weeks
(Business 24|7 - 30/01/2011)

Arab stock markets gained a further $12 billion in the first three weeks of 2011 after leaping by nearly $100 billion through 2010, according to official data. The bulk of the increase in the first 23 days of January was in the markets of Saudi Arabia,

Bourse ends week in green zone, 0.68% rise
(Al Watan - 30/01/2011)

Kuwait Stock Exchange (KSE) ended last week in the green zone, as both its main indices recorded gains. The price index ended last week with an increase amounted to 0.68 percent, while the weighted index rose 0.68 percent compared to the closings of the

Saudi stocks plunge 6.4% on Egypt unrest concern
(Bloomberg - 30/01/2011)

Saudi Arabian shares retreated the most since May yesterday on concern political unrest could spread in the Middle East after Egyptian protesters clashed with police and the North African country’s president refused to resign. The Tadawul All Share Index

Saudi index drops 6.4pc on Egypt protests
(Reuters - 30/01/2011)

Saudi stocks closed 6.4 per cent lower on Saturday, the biggest one-day drop since 2008, as petchems fell and political protests continued to spread across Egypt. The all-share index closed at 6,267 points, dragged down by losses in the petrochemical