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Muscat bourse continues fall
(Times of Oman - 31/08/2016)

Share prices on the Muscat bourse further declined on Tuesday. The MSM30 Index continued its negative run to close at 5,771.30 points, down by 0.14 per cent. The MSM Sharia Index ended at 890.12 points, down by 0.12 per cent. Ominvest was the most

Qatar leads GCC’s banking sector growth
(The Peninsula - 31/08/2016)

Led by QNB, Qatar-based banks outperformed GCC peers across various metrics in the second quarter of 2016 (Q2, 2016). Banks in Qatar witnessed the strongest growth in terms of total assets, net profits, net interest and non-net interest income growth.

Oil prices and Asian equities lift Dubai shares
(The National - 31/08/2016)

Dubai stocks climbed on Tuesday, encouraged by gains in global oil prices and Asian equities. The Dubai Financial Market General Index rose by 0.5 per cent to 3,513.2, helped by property developers, banks and contractors. Emaar Properties was one of the

Kuwait bourse edges lower; volume shrinks – KIPCO drops 10 fils;
(Arab Times - 31/08/2016)

Kuwait stocks sagged on Monday extending the losses to fourth straight session. The bourse eased 6.27 points in choppy trade to 5404.7 pts even speculative trading pushed select counters in a narrow range. The KSX 15 gauge slipped 1.34 pts to 801.93

Tadawul gains strength
(Arab News - 31/08/2016)

Most Gulf stock markets rose on Tuesday in response to firmer oil prices and global bourses but trading turnover in Saudi Arabia and Dubai was low, suggesting many investors did not expect an extended rally and were staying away. Saudi Arabia’s index

MSM divides listed stocks into six separate sub-segments
(Times of Oman - 30/08/2016)

In an attempt to club all blue chip stocks under a separate market segment, the Muscat Securities Market (MSM) has divided listed joint stock companies into six different sub-segments. All the best performing companies have been brought into the regular

Qatar outperforms; adds 64.03 points
(The Peninsula - 30/08/2016)

Qatar’s stock market outperformed the Gulf yesterday as large-caps carried the index higher, but other bourses were little changed as a fresh slide in oil prices and a retreat in Asian share markets kept buyers away. Qatar’s main index added 64.03

Abu Dhabi index marginally lower; other Gulf bourses hold to gains
(The National - 30/08/2016)

Arabian Gulf markets were mixed on Sunday, with only Qatar and Dubai registering small gains, as oil fell amid doubts that an informal meeting of Opec members next month will lead to a new agreement on production levels. "We are still doubtful that a

Experts ‘alarmed’ at firms’ pullout from Kuwait bourse – Trend seen
(Arab Times - 30/08/2016)

Recurring withdrawal of companies from Kuwait Stock Exchange (KSE) has become an alarming issue that requires remedies, particularly after six companies overall capital of which amounts to KD 125 million have declared taking such a move, according to

Tadawul flat: Petchem and bank shares mixed
(Arab News - 30/08/2016)

Qatar’s stock market outperformed the Gulf on Monday as large-caps carried the index higher, but other bourses were little changed as a fresh slide in oil prices and a retreat in Asian share markets kept buyers away. Saudi Arabia’s Tadawul All-Share

Muscat bourse continues its losing streak
(Times of Oman - 29/08/2016)

The MSM30 continued its losing streak to close at 5,809.33 points, down 0.24 per cent. The MSM Sharia Index declined 0.18 per cent to end at 893.68 points. Al Sharqia Investment was the most active stock in terms of volume while Ominvest led

Tadawul buoyed by oil gains
(The National - 29/08/2016)

Shares in Saudi Arabia snapped a five-day losing streak on Sunday, buoyed by last week’s rise in oil prices. UAE bourses, by contrast, closed lower. The Tadawul closed up 1.5 per cent, led by Al Rajhi Bank and Saudi Cement, as investors took advantage of

Saudi Arabian stocks lead Gulf gains
(The Gulf Today - 29/08/2016)

Saudi Arabian stocks led gains across Gulf equities as an advance in the price of oil helped offset investor caution over the timing of US interest-rate increases. Saudi Arabia’s Tadawul All Share Index rose 1.6 per cent, its first increase in six days

Bourse ends in red for 2nd straight week
(Arab Times - 29/08/2016)

Kuwait Stock Exchange (KSE) ended last week in the red zone. The Price Index closed at 5,428.91 points, down by 0.79% from the week before closing, the Weighted Index decreased by 0.80% after closing at 348.37 points, whereas the KSX-15 Index closed at

Saudi stocks lead regional gains as oil offsets Fed concern
(Saudi Gazette - 29/08/2016)

Saudi Arabian stocks led gains across Gulf equities as an advance in the price of oil helped offset investor caution over the timing of US interest-rate increases, Bloomberg reported Sunday. Saudi Arabia’s Tadawul All Share Index rose 1.6 percent, its

Tadawul closes 1.6% higher, breaks past 6,000 points
(Arab News - 29/08/2016)

The Saudi stock market recovered on Sunday from last week’s losses. The Tadawul All-Share Index (TASI), which had dropped 4.0 percent last week, rose 1.6 percent to end at 6,071.41 points as many stocks reliant on domestic demand rebounded. “The Kingdom

FTSE announces ‘eligible’ list of Qatari companies
(The Peninsula - 28/08/2016)

FTSE Russell has published an indicative list of Qatari stocks which will be eligible for addition to FTSE’s Secondary Emerging Market Index, in conjunction with the September 2016 Review. <b> FTSE Russell client products, scheduled to be released on

Dubai gives up gains, while Abu Dhabi stays stuck
(Gulfnews - 28/08/2016)

Last week the Dubai Financial Market General Index (DFMGI) dropped by 80.22 or 2.25 per cent to close at 3,492.22, its worst performance in 13 weeks. Volume dipped slightly below the prior week’s level, while most stocks fell. There were only four

DGCX eyes 100 stock futures by next year
(Gulfnews - 28/08/2016)

DGCX has made a move that could provide interested investors with more options in its stock futures. <b> In the first phase, the exchange launched 15 single stock futures on 5 US and 10 Indian companies. The US companies include Apple, Facebook,

$10bn boost: Global bond sale plans hailed
(Arab News - 28/08/2016)

Economists see considerable benefits for the Kingdom from the government’s plans to issue at least $10 billion worth of bonds in early October in its first international bond sale. Saudi Arabia’s low debt-to-GDP ratio provides it with ample room to grow

Muscat bourse resumes trading of Galfar shares
(Times of Oman - 25/08/2016)

Muscat bourse on Wednesday resumed trading of Galfar Engineering and Contracting Company’s shares, after the company posted a detailed disclosure statement on the Muscat Securities Market on its compensation from Oman Wastewater Services Company (Haya

Fed rate talk weighs on regional bourses
(The National - 25/08/2016)

Dubai shares suffered their worst one-day performance in two months on Wednesday, as the prospect of rising US interest rates weighed on emerging markets. The US dollar rose against the euro, in anticipation of a speech by the US Federal Reserve

ADGM signs deal with SEBI to enhance cooperation
(The Gulf Today - 25/08/2016)

The Financial Services Regulatory Authority (FSRA), of the Abu Dhabi Global Market (ADGM), on Wednesday signed a Memorandum of Understanding, MoU, with the Securities and Exchange Board of India (SEBI), to enhance regulatory cooperation and facilitate

Kuwait index ticks up after four-day decline–Commercial Bank dips 25fi
(Arab Times - 25/08/2016)

Kuwait stocks nudged higher on Tuesday stemming the four-day retreat. The key index rose 5.66 pts in listless trading to 5,448.86 points helped by renewed buying in select counters. The board however remained broadly mixed. The KSX 15 gauge climbed 5.25

Gulf drops, Saudi and Dubai hardest hit
(Saudi Gazette - 25/08/2016)

Most major Gulf stock markets fell on Wednesday with few positive factors to spur buying and after Brent crude oil dropped back to just above $49.0 a barrel. Gulf bourses surged earlier this month as funds returned to emerging markets globally. But that