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Muscat bourse falls on weak sentiment
(Times of Oman - 22/11/2017)

Shares on the Muscat bourse reacted on continued weak sentiment. MSM30 index ended on a negative note to close at 5,076.92 points, down by 0.16 per cent. The MSM Sharia Index ended at 724.78 points, down by 0.05 per cent. Ominvest was the most active in

Over 10 SMEs to be listed on ‘QE Venture Market’
(The Peninsula - 22/11/2017)

Over 10 small and medium-sized enterprises (SMEs) are in the pipeline to get listed on Qatar Stock Exchange’s (QSE) junior index ‘QE Venture Market’, which is designed for smaller companies, QSE announced yesterday. The Qatari bourse will also see two

Emaar shares sluggish ahead of unit listing
(Gulfnews - 22/11/2017)

Emaar Properties recovered from its key support level on Tuesday, even as traders awaited for its listing of the development unit on Wednesday. Emaar Properties hit a low of Dh7.42, the lowest since June 8, before closing 1.04 per cent lower at Dh7.60.

Kuwait closes slightly lower; volume retreats – NBK slips 3 fils;
(Arab Times - 22/11/2017)

Kuwait stocks pulled slightly lower on Monday extending last session’s losses. The bourse fell 4.67 pts in volatile trade to 6,257.72 points dragged by heavyweights even as the broader trend remained narrowly mixed. The KSX 15 gauge slipped 4.39 pts to

Emaar shares sluggish ahead of unit listing
(Gulf News - 21/11/2017)

Emaar Properties recovered from its key support level on Tuesday, even as traders awaited for its listing of the development unit on Wednesday. Emaar Properties hit a low of Dh7.42, the lowest since June 8, before closing 1.04 per cent lower at Dh7.60.

CBB moves to lift restriction on trading in real estate invest. trust
(The National - 21/11/2017)

The Central Bank of Bahrain amended regulations that pave the way for retail investors to invest in Bahrain-domiciled real estate investment trusts (Reit) as part of the kingdom's commitment to boost the Reit industry by making the investment vehicle

Muscat bourse falls on weak sentiment
(Times of Oman - 21/11/2017)

Shares on the Muscat bourse reacted on weak investor sentiment. MSM30 Index ended on a negative note to close at 5,085.24 points, down by 0.24 per cent. The MSM Sharia Index ended at 725.12 points, down by 0.17 per cent. Oman Takaful was the most active

Qatar Stock Exchange calls for active corporate-investor engagement
(The Peninsula - 21/11/2017)

The Qatar Stock Exchange (QSE) has stressed the need for listed companies adopting a better corporate disclosures and transparency to attract investors. The top-level officials of the companies should keep their doors wide open to investors to enhance

ADX, DFM fall over 1% as uncertainty remains
(Gulfnews - 21/11/2017)

The main equity indices in Abu Dhabi and Dubai fell more than a per cent on Sunday as economic and geopolitical uncertainty continued to cast a dark shadow on investor sentiment and on liquidity in the region. The Dubai Financial Market (DFM) index fell

Emaar weighs on Dubai index 2 days before unit’s listing
(Gulfnews - 21/11/2017)

Emaar Properties weighed on the wider Dubai index, two days before the listing of its development unit. The stock closed 1.16 per cent lower at Dh7.68, dragging the Dubai Financial Market (DFM) General Index 0.19 per cent lower to 3,416.72. Drake & Scull

Kuwait bourse swings into red; volume drops-Humansoft Holding dips 50
(Arab Times - 21/11/2017)

Kuwait stocks swung into red on Sunday after trading higher in the previous week. The price index, after drifting sideways for most part of the session, dipped 46.92 points to 6262.39 pts as renewed regional tensions weighed on the sentiment. The KSX 15

Adnoc Plans IPO as Saudi Probe Puts Pressure on Biggest Offering
(Bloomberg - 20/11/2017)

Abu Dhabi National Oil Co. will sell as much as a fifth of its fuel-distribution unit in an initial public offering just weeks after a wave of arrests in neighboring Saudi Arabia almost derailed the Middle East’s largest share sale. The state-owned crude

Abu Dhabi's Adnoc to Sell Up to 20% of Fuel-Station Unit in IPO
(Bloomberg - 20/11/2017)

Abu Dhabi National Oil Co. plans to sell as much as a fifth of its distribution unit via an initial public offering on the local stock exchange. The state-owned crude producer will offer 1.25 billion to 2.5 billion shares of its fuel-station business on

The 5 Biggest IPOs Ever Launched In The GCC
(Forbes Middle East - 20/11/2017)

GCC companies raised $700 million amongst 13 IPOs in the first-half of 2017, according to consultancy firm EY, suggesting that after only three public issuances in 2016, GCC IPOs are picking back up. The U.A.E. and Saudi Arabia are set to be the biggest

GCC equities may turn around next year: market report
(The National - 20/11/2017)

The GCC equity markets that have missed the global equities bonanza this year, may rally in 2018 as economic reforms start bearing fruits and investor enthusiasm rise on the back of Aramco share float and anticipation of market upgrades, according to a

Muscat bourse falls on profit-booking
(Times of Oman - 20/11/2017)

Shares on the Muscat bourse reacted on selling pressure. The MSM30 Index ended lower at 5,097.41 points, down by 0.16 per cent. The MSM Sharia Index ended at 726.32 points, down by 0.42 per cent. Galfar Engineering was the most active in terms of volume

Tadawul to host workshop on crisis management
(Gulfnews - 20/11/2017)

The Saudi Stock Exchange (Tadawul) will host a workshop for listed Saudi companies to discuss crisis preparedness and its impact on shareholder value. The workshop will be held at Tadawul’s headquarters in Riyadh on Wednesday, and will be presented by

Geopolitics weigh on Gulf stocks
(Saudi Gazette - 20/11/2017)

Middle Eastern stock markets generally fell on Sunday, weighed down by geopolitics and concern about Saudi Arabia's anti-corruption crackdown, while Dana Gas shares sank in Abu Dhabi because of a British High Court ruling on its Islamic bonds. In the

KSE indices end last week in green zone
(Arab Times - 20/11/2017)

Boursa Kuwait ended last week in the green zone. The Price Index closed at 6,309.31 points, up by 0.81% from the week before closing, the Weighted Index increased by 1.33% after closing at 402.96 points, whereas the KSX-15 Index closed at 925.96 points

Dubai marks best performance in four weeks
(Gulfnews - 19/11/2017)

The Dubai Financial Market General Index (DFMGI) crept higher by 10.40 or 0.30 per cent last week to end at 3,460.21, its best performance in four weeks. Market breadth leant on the bullish side with 22 advancing issues and 16 declining, while volume was

DFM achieves 100pc Q3 disclosure compliance
(Trade Arabia - 16/11/2017)

Dubai Financial Market (DFM) has announced that its listed companies have recorded a 100 per cent compliance regarding the disclosure of Q3-2017 results within the deadline of 45 days from the end of the period. The total number of UAE public joint stock

United Arab Emirates stocks lower at close of trade; DFM General 0.21%
(Investing.com - 16/11/2017)

United Arab Emirates stocks were lower after the close on Thursday, as losses in the Telecoms, Real Estate & Construction and Services sectors led shares lower. At the close in Dubai, the DFM General fell 0.21%, while the ADX General index declined

Apparent state support aids Saudi, Qatar blue chips rebound
(Reuters - 16/11/2017)

Saudi Arabia's stock market closed flat on Thursday, apparently in response to buying by state-linked funds, while Qatar rebounded from a six-year low as blue chips regained strength. The Saudi index spent most of the day lower and was down as much as

Muscat bourse reacts on profit-booking
(Times of Oman - 16/11/2017)

Shares on the Muscat bourse reacted on profit booking. MSM30 Index ended on a flat note to close at 5,111.41 points, marginally down by 0.06 per cent. The MSM Sharia Index ended at 731.49 points, up by 0.15 per cent. Ominvest was the most active

Consolidation in UAE markets as earnings season ends
(Gulfnews - 16/11/2017)

The UAE’s main equity indices fell less than 1 per cent on Wednesday as earnings season for the third quarter of 2017 wrapped up, with the last of listed companies releasing their financial results. The Dubai Financial Market (DFM) index fell 0.61 per