2017 2016 2015 2014 2013 2012 2011 2010 News Archive
January February March April May June July August September October November December
Funds positive on UAE, Egypt stocks in era of cheap oil
(Reuters - 31/12/2014)

The United Arab Emirates and Egypt appear the most attractive among major Middle Eastern stock markets in an era of low oil prices, a report said. The plunge of oil and equity prices over the last several months has stunned managers, and they may

Tadawul index plunges by 4.16%
(GulfBase.com - 31/12/2014)

The Saudi stock market saw a significant setback on Tuesday, passing through a lean session of 4.16 percent after a further drop in oil prices. The benchmark Tadawul All-Share Index closed down by 368.8 points to 8,486.58, its biggest decline in two

Gulf stocks tumble again as crude hits fresh low
(Reuters - 31/12/2014)

Gulf stock markets suffered broad selloffs on yesterday as Brent crude oil slumped to a fresh 5-1/2-year low and political uncertainty in Greece pressured global equities. Brent fell as low as $56.74 per barrel, its lowest since May 2009, as persistent

Qatar shares remain bearish due to profit booking
(Gulf Times - 31/12/2014)

Severe profit booking in real estate, along with robust selling in the consumer goods and telecom stocks, led the Qatar Stock Exchange to remain under bearish spell for the second day. Mainly dragged by micro cap equities, the 20-stock Qatar Index (based

Muscat bourse dips again on selling pressure
(Times of Oman - 31/12/2014)

Renewed worries about oil prices and weak sentiments weighed on the regional markets as the MSM index declined by 2.73 per cent to close at 6,216.56 points. MSM Sharia index also declined by 1.27 per cent at 958.96 points.. Global Financial Investment

Dubai index tumbles over 5 per cent with crude
(Gulf News - 31/12/2014)

The Dubai index extended losses for another session to lead the losses in the world as a sharp fall in crude oil dented confidence, triggering massive selling across the counters. The Dubai Financial Market (DFM) General Index ended 5.40 per cent lower

Dubai index leads world rout
(Gulf News - 31/12/2014)

The Dubai index fell the most in the world on Tuesday as crude oil, which hit its lowest level in five years, weighed on investor sentiment. The Dubai Financial Market General Index ended 5.40 per cent lower at 3,725.79, falling from the previous session

Tadawul: Petrochemical stocks gain strength
(Arab News - 30/12/2014)

JEDDAH: Most Gulf stock markets pulled back on Monday after gaining strongly in the two previous sessions, but Saudi Arabia’s petrochemicals sector rose after Brent crude oil climbed back above $60 per barrel. Oil rebounded in thin holiday trade after a

Oman shares ends in the red on profit-booking
(Times of Oman - 30/12/2014)

MSM 30 Index ended on a negative note at 6,391.30 points, down by 0.70 per cent. MSM Sharia Index also declined by 0.16 per cent, closing at 971.27 points. Global Financial Investment was the most active in terms of volume, while Al Anwar Holding was the

UAE regulator to plan new rules for IPOs of start-ups
(Times of Oman - 30/12/2014)

United Arab Emirates' stock market regulator is working on rules that would make it harder for start-up companies to sell shares, according to four people with knowledge of the matter. The regulator will only approve listing applications from startups if

Greenfield IPOs hit as SCA considers ban on listings
(The National - 30/12/2014)

Greenfield IPO stocks were punished after the Securities and Commodities Authority said it was considering a ban on new listings of start-ups. New listings of start-ups will be permitted only if they “intend to operate in an industry not represented on

Dubai index backs from 4,000 level despite firm oil
(Gulf News - 30/12/2014)

The Dubai index fell back from the keenly watched 4,000 level on Monday led by Arabtec and Emaar, even as crude neared $60 a barrel mark again. The Dubai Financial Market General Index fell from a high of 4,008.38 to close 1.22 per cent lower at

2 companies join MSM Sharia index
(Oman Tribune - 29/12/2014)

The Muscat Securities Market (MSM) has added two companies and removed four from its Sharia index. The four companies were removed owing to their failure to comply with the Accounting and Auditing Organisation for Islamic Financial Institutions

Saudi stocks: TASI diverges from oil swings
(GulfBase.com - 29/12/2014)

Before September, 2014, the OPEC’s Reference Basket of crudes (ORB) traded at a steady of around $100/barrel and the benchmark TASI to a peak of 11,000-points. At this stage, ORB had absorbed a loss of around 10 percent on facts that speculators

Emirates indices gain despite weaker oil
(The Gulf Today - 29/12/2014)

Dubai’s index (DFM) jumped 2.3 per cent to 3,975 points on Sunday. The benchmark rose briefly above the psychologically important 4,000 point mark but then gave up some of its gains. Abu Dhabi’s index rose 1.1 per cent on the back of blue chips such as

Qatar stocks gain 1.46% on local buy support
(Gulf Times - 29/12/2014)

Qatar Stock Exchange on Sunday opened the week on a stronger note, lifted by real estate, consumer goods, industrials and telecom stocks. Local retail investors’ buying interests led the 20-stock Qatar Index (based on price data) gain for the third

Saudi may open bourse to foreigners in April ’15
(Bloomberg - 29/12/2014)

Saudi Arabia is seeking to open its $509bn stock exchange to foreign investors in April, according to three people briefed on the country’s plans. The Capital Market Authority informed brokers and fund managers of the timeline in London last month, two

Muscat bourse reconstitutes index for Sharia companies
(Times of Oman - 29/12/2014)

Muscat Securities Market on Sunday reconstituted its Sharia index by adding two new companies and removed four other companies from the index. The index include Al Saffa Foods, Al Anwar Ceramic Tiles, Al Izz Islamic Bank, Al Jazeera Services, Takaful, Al

Saudi Arabia stocks lifted by foreign investment timeline
(The National - 28/12/2014)

Saudi Arabian stocks rallied yesterday amid signs that that the world’s biggest oil exporter would allow foreigners to own stakes in its listed companies by April next year. The drop in oil prices, however, may deter investment in the last major emerging

Dubai index gains the most in Gulf region
(Gulf News - 28/12/2014)

The Dubai index led the gains in the Gulf region on Sunday followed by Kuwait despite weak crude oil prices last week. The Dubai Financial Market General Index ended 2.58 per cent higher at 3,987.14, after hitting a high of 4,007.04, a level last seen in

GCC family businesses eyeing IPOs to raise funds
(Trade Arabia - 28/12/2014)

As the Gulf's initial public offering (IPO) and private equity markets rebound, aided by improved confidence in the regional economy, companies '“ including family businesses '“ are increasingly looking at IPOs or private equity as routes to raise

IPOs 'best option for firms to raise funds'
(Gulf Daily News - 28/12/2014)

As the Gulf's initial public offering (IPO) and private equity markets rebound, aided by improved confidence in the regional economy, companies '“ including family businesses '“ are increasingly looking at IPOs or private equity as routes to raise

Technical analysis of the QSE index
(Gulf Times - 28/12/2014)

The QSE index bounced off the strong long-term uptrend line and gained 11.33% from for the week. The general sentiment is still positive given the relative stability of oil prices. The good news is that this bounce was accompanied by higher volumes,

Qatar Exchange: Weekly Market Report
(Gulf Times - 28/12/2014)

The Qatar Stock Exchange (QSE) Index gained 1,267.40 points, or 11.33%, during the week, to close at 12,449.05 points. Market capitalisation increased by 9.8% to reach QR679.3bn compared to QR618.6bn at the end of the previous week. Of the 43 listed

Budget measures set to determine market trend
(Time of Oman - 28/12/2014)

Omani investors are keenly awaiting the forthcoming budget measures, which will determine the future trend on the local bourse. The Ministry of Finance will unveil the budget measures to the media, probably on January 4. Market sources said that the