2019 2018 2017 2016 2015 2014 2013 2012 News Archive
January February March April May June July August September October November December
Saudi, Kuwait equity markets retreat
(Reuters - 31/01/2017)

Middle Eastern equity markets diverged on Monday, with last week’s top gainers pulling back on profit taking while strong quarterly earnings from courier firm Aramex bolstered Dubai. The Saudi Arabian index fell 0.7 percent, snapping seven consecutive

Saudi Arabia stocks lower at close of trade; Tadawul down 0.71%
(Investing.com - 31/01/2017)

Saudi Arabia stocks were lower after the close on Monday, as losses in the Building & Construction, Energy & Utilities and Hotels & Tourism sectors led shares lower. At the close in Saudi Arabia, the Tadawul All Share lost 0.71%. The best performers of

Oil price concerns weigh on QSE; index settles at 10,747.83 points
(Gulf Times - 31/01/2017)

Global oil price concerns led the Qatar Stock Exchange to witness another 136 points runoff and its key index settled below 10,800 levels as foreign institutions resorted to profit booking. An across-the-board selling – particularly in the insurance,

Markets dip with investors wary of travel ban imposed by Trump
(The National - 31/01/2017)

Global equities markets began the week lower on Monday, as immigration curbs by the US president Donald Trump rattled investors. President Trump’s executive order to ban all nationals from seven Muslim-majority countries from entering the US has sparked

Abu Dhabi developer Bloom Holding considers IPO to finance projects
(The National - 31/01/2017)

Bloom Holding, the Abu Dhabi-based developer, is considering an IPO as one of a number of financing options as the company announces an ambitious list of projects. The company, which is part of Abu Dhabi’s National Holding, said that it was getting "IPO

Gulf markets mirror weaker global equities
(Reuters - 31/01/2017)

Major Gulf stock markets were weak in early trade on Monday in response to soft global equities and crude oil prices, although Dubai courier firm Aramex soared on a fourth-quarter earnings beat. Saudi Arabia’s index fell 0.1 per cent after 20 minutes of

Muscat bourse drops on listless trading
(Times of Oman - 31/01/2017)

Shares on the Muscat Securities Market dropped on listless trading. The MSM30 Index ended lower at 5,751.38 points, down by 0.21 per cent. The MSM Sharia index lost 0.32 per cent to end at 853.38 points. Due to a special deal, National Bank of Oman was

Credit Suisse: Middle East equities picking up
(CPI Financial - 30/01/2017)

Improving macro indicators are starting to feed through to earnings forecasts says Fahd Iqbal, Head of Middle East research at Credit Suisse. After a strong Q4 performance, we see near-term consolidation risks. However, we also see further upside beyond

EFG Hermes included in the FTSE4GOOD Emerging Index
(CPI Financial - 30/01/2017)

Inclusion in the index is a culmination of a firm-wide effort to integrate sustainability into every aspect of EFG Hermes’ operations, said a media statement. EFG Hermes, a financial services corporation in the Middle East and North Africa (MENA) region,

Saudi stocks continue upward movement
(Reuters - 30/01/2017)

Middle East stock markets were mixed on Sunday as uptrends in Saudi Arabia and Kuwait continued to divert regional investors’ money away from the United Arab Emirates (UAE) and Qatar. The Tadawul All Share Index (TASI), which climbed 3.8 percent last

Near term cautious as cost pressures rise: Economists
(Arab News - 30/01/2017)

The fourth-quarters results of Saudi Arabia’s listed companies presented a mixed picture with most of the domestic consumption-driven sectors reporting weaker results, whereas insurance and export-driven petrochemical sectors reported better performance,

Omani listed firms expected to maintain dividends at OMR350m
(Times of Oman - 30/01/2017)

Companies listed on the Muscat Securities Market are expected to maintain total dividends for 2016 at the previous year’s level of OMR350 million. According to market sources, MSM 30 companies alone achieved a 16 per cent growth in net earnings at OMR630

UAE markets pause
(Gulfnews - 29/01/2017)

The Dubai Financial Market General Index (DFMGI) was up only 11.07 or 0.30 per cent last week to close at 3,701.46. There were 16 advancing issues and 21 declining while volume increased slightly over the prior week. Three weeks ago the index broke out

Kuwait indices continue bullish trend
(Arab Times - 29/01/2017)

The KSE Indices witnessed a positive week as indices increased this week. The KSE price index closed at 6,852.3 an increase of 6.47% up 416.55 points compared to the previous week. As the MUDX witnessed an increase this week of 4.40% to close at 658.60

Saudi, Kuwait bourses continue uptrends, UAE pulls back
(Gulf Times - 26/01/2017)

Stock markets in Saudi Arabia and Kuwait continued uptrends yesterday, attracting regional investors’ money away from the UAE, which pulled back. The Saudi index rose 0.5%, climbing for a fifth straight day. It has been buoyed by hopes for better

GFH shares cause sell-off on Dubai, Abu Dhabi bourses
(Gulfnews - 26/01/2017)

Gulf Finance House (GFH) shares, which hit its highest level in 52 weeks earlier on Wednesday, fell nearly 10 per cent, causing panic among retail investors, triggering a sell-off on Dubai and Abu Dhabi bourses. GFH settled 9.67 per cent lower at Dh2.43,

Kuwait bourse extends gains in volatile trade – NBK rallies 10 fils;
(Arab Times - 26/01/2017)

The KSX 15 benchmark rose 8.1 pts to 985.86 points taking the months gains to 101 pts while weighted index was up 3.2 pts. The volume turnover meanwhile receded below the 1000 million mark. 937.82 million shares changed hands – a 9.6 percent drop from

Saudi stocks continue uptrend
(Saudi Gazette - 26/01/2017)

Stock markets in Saudi Arabia and Kuwait continued uptrends on Wednesday, attracting regional investors’ money away from the United Arab Emirates, which pulled back. Saudi stocks were higher after the gains in the Energy & Utilities, Retail and Financial

Saudi stocks continue uptrend
(Arab News - 26/01/2017)

Stock market in Saudi Arabia continued its uptrend on Wednesday. The Tadawul All Share Index (TASI) rose 0.5 percent, climbing for a fifth straight day. It has been buoyed by hopes for better conditions in the nonoil sector this year as government

QSE surpasses 11,000 points on better earnings
(The Peninsula - 25/01/2017)

Driven by an encouraging fourth-quarter earnings and a relatively table oil market, Qatar’s benchmark index crossed the psychological 11,000 mark yesterday. Supported by bluechips the index rose 0.98 percent or 107.49 points to finish at 11.057. Islamic

DFM gains as GFH shares approach 52-week high
(Gulfnews - 25/01/2017)

The Dubai index edged higher on Tuesday with Gulf Finance House (GFH) still trading in the vicinity of its highest level in 52 weeks and accounting for nearly half of trading on the local bourse. The Dubai Financial Market (DFM) General Index closed

Kuwait’s bull run slows as volume breaches 1,000mn – NBK gains 20 fils
(Arab Times - 25/01/2017)

Kuwait bourse’s bull run slowed on Monday amid moderate profit taking. The price index climbed 37.84 pts in volatile trade to 6679.62 pts even as the liquidity breached the 1000 million mark for the first time since May, 2013. The KSX 15 benchmark rose

Saudi stocks rebound on robust Gulf markets
(Saudi Gazette - 25/01/2017)

Saudi Arabia›s stock market continued rebounding on Tuesday in a generally strong Gulf region, while a drop by shares in real estate firm Emaar Misr dragged down Egypt. The Saudi stock benchmark Tadawul All Share Index climbed 1.1 percent to 7,092

Saudi stocks recover after missing Q4 estimates
(Arab News - 25/01/2017)

Saudi Arabia’s stock market continued rebounding on Tuesday in a generally strong Gulf region. The Tadawul All Share Index (TASI) climbed 1.1 percent, adding to Monday’s 1.7 percent gain. With the fourth-quarter earnings reporting season more or less

Tadawul registers big gains, UAE bourses end lower
(The National - 24/01/2017)

Shares in Saudi Arabia topped gains across the Arabian Gulf yesterday, with UAE bourses closing slightly lower. Saudi banks registered strong gains despite a series of lacklustre results posted last week. Al Rajhi Bank and Banque Saudi Fransi led with

  • Portfolio Current Value
  • Today's Gain
  • Overall Gain
  • Overall Gain (%)

  •   ()