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Telecom, consumer goods and industrials shares witness strong demand
(Gulf Times - 30/09/2017)

The Qatar Stock Exchange witnessed investors’ strong penchant for telecom, consumer goods and industrials equities even as it settled in the negative this week. Local retail investors were seen increasingly bullish amidst an overall 0.58% decline in the

Saudi Arabia to widen foreign investment access again in 2017
(Reuters - 30/09/2017)

Saudi Arabia plans to further open up its stock market to foreign investors later this year as it seeks to become an international capital markets hub, Mohammed Abdullah Elkuwaiz, chairman of the Capital Market Authority (CMA) told Reuters on Friday.

Downward pressure dominates in UAE markets
(Gulf News - 30/09/2017)

Last week the Dubai Financial Market General Index (DFMGI) fell by 68.55 or 1.89 per cent to close at 3,563.99. That’s the largest decline in about eight months! Market breadth was clearly on the bearish side with only six advancing issues and 30

QSE’s benchmark index dropped 48.34 points last week
(The Peninsula Qatar - 29/09/2017)

Qatar Stock Exchange’s (QSE) benchmark index lost 48.34 points, or 0.58 percent, last week when the bourse closed yesterday at 8,312.43 points. Trading value last week increased by 17.96 percent to reach QR1.24bn compared to QR1.05bn. Trading volume

Egypt strong, Saudi bolstered by $12.5 bln sovereign bond issue
(Reuters - 29/09/2017)

Egypt's stock index climbed on Thursday ahead of a central bank meeting on monetary policy later in the day, while the banking sector helped carry the Saudi index higher after news that the government had priced a $12.5 billion international bond issue.

Qatar shares drop to settle 8,300 points despite buying support
(Gulf Times - 29/09/2017)

Local retail investors and domestic institutions lend considerable buying support to the Qatar Stock Exchange, which however weakened for the second straight session to settle at little over 8,300 points. Notwithstanding strengthened buying by Gulf

Investors Brace for FTSE Verdict on S. Arabia and Kuwait
(Bloomberg - 29/09/2017)

FTSE Russell is set to announce over the weekend in the Middle East if it will add Saudi Arabia and Kuwait to its list of emerging markets in what could spur a surge in inflows to both markets and be a prelude to MSCI Inc. inclusion next year. While

Sluggish mood remains on Dubai index, as traders seek catalysts
(Gulf News - 28/09/2017)

Trading activity on the Dubai bourse remained sluggish for another session on Thursday, and will start selling on any recovery. “There is loss of investors’ confidence what’s driving the weak sentiment and this can revived very quickly, with some of the

Mideast funds more cautious toward equities, positive on Qatar
(Reuters - 28/09/2017)

Middle East funds on balance became more cautious towards regional equities over the past month but more positive towards Qatar, which had been hurt by sanctions imposed by other Arab states, a monthly Reuters poll shows. Twenty-three percent of funds

Oman shares recover on support from institutional investors
(Times of Oman - 28/09/2017)

Shares on the Muscat Securities Market (MSM) recovered on strong support from institutional investors. The benchmark MSM30 Index ended the session on a positive note at 5,138.97 points, up 0.49 per cent. The MSM Sharia Index gained 0.31 per cent to close

Saudi insurance stocks top gainers after landmark driving decision
(Saudi Gazette - 28/09/2017)

Insurance stocks were among the top gainers in Saudi Arabia’s Tadawul bourse on Wednesday after the landmark decision to allow women to drive cars, which would mean increased demand for car insurance. The broader gauge, however, closed a tad lower. The

Saudi Arabia’s dollar bond attracts over $40 bln in demand
(Gulfnews - 28/09/2017)

Saudi Arabia’s planned triple-tranche international bond issue is expected to be $12.5 billion in size, and order books total over $40 billion, sources familiar with the matter said on Wednesday. The bond, split into three tranches maturing in March

Car rental firms surge on Saudi bourse
(Saudi Gazette - 28/09/2017)

Shares of car insurance and rental companies rallied on the Saudi Arabian stock market on Wednesday after news that women would be allowed to drive, although the broader market was flat. Qatar’s stock market fell sharply, ending a six-day winning streak.

Edaa Announces the addition of Musharaka REIT Fund
(Tadawul - 27/09/2017)

The Securities Depository Center Company ("Edaa") announces the addition of the subscribed units in the Musharaka REIT Fund today, 07/01/1439H corresponding to 27/09/2017 into the investors “center accounts” pursuant to the allocated units for each

Oman shares end lower on profit taking
(Times of Oman - 27/09/2017)

Profit taking on select stocks weighed on the MSM30 Index, which closed at 5,114.12 points, down 0.30 per cent. The MSM Sharia Index closed at 748.93 points, down 0.07 per cent. Galfar Engineering was the most active in terms of volume while Bank Muscat

QSE benchmark index climbs 1.4%
(The Peninsula - 27/09/2017)

Qatar’s stock index climbed 1.4 percent, its largest single-day rise since July 13 as local and regional funds were again net buyers, bourse data showed. Commodity-linked shares were some of the top performers on Tuesday, with oil and drilling service

16 Mena IPOs recorded in first half of 2017
(Gulfnews - 27/09/2017)

In the first half of 2017, Middle East and North Africa (Mena) IPO activity witnessed 16 deals, representing a 100 per cent increase when compared to the first half of 2016. Announced Mena value, or capital raised, reached $788 million in H1 2017, a 21

Dubai index witnesses continued sluggishness
(Gulfnews - 27/09/2017)

Dubai index edged lower again on Tuesday with low volumes, indicating continued sluggishness in the market. The Dubai Financial Market General index closed 0.23 per cent lower at 3,561.05. Emaar Properties witnessed renewed selling from an intra-day high

Deutsche Bank hosts Saudi Capital Markets Conference in London
(Press Release - 26/09/2017)

Deutsche Bank today announced the opening of The Saudi Capital Markets Conference in London, United Kingdom. Organized by Deutsche Securities Saudi Arabia (“DSSA”) in coordination with the Capital Market Authority (“CMA”) and the Saudi Stock Exchange

Saudi Arabia hires banks for third international bond
(Gulfnews - 26/09/2017)

Saudi Arabia has hired banks to arrange a global investor call ahead of a potential international bond issuance, as the Gulf’s largest economy, and the world’s top oil exporter, tries to plug a budget deficit caused by lower oil prices. Saudi Arabia

Oman shares recover amid support from retail investors
(Times of Oman - 26/09/2017)

Shares on the Muscat Securities Market recovered amid support from retail investors. Financials stocks drove the MSM30 Index higher to close 5,129.54 points, up 0.57 per cent. The MSM Sharia Index ended at 749.44 points, up 0.13 per cent. Galfar

Saudi shares plunge on fear of FTSE upgrade delay
(Gulf Times - 26/09/2017)

Saudi Arabia’s stock index fell yesterday on rumours that index compiler FTSE might not upgrade Riyadh to emerging-market status as quickly as hoped, while Qatar notched up its fifth straight session of gains. At the end of the business day on September

Dubai index falls more as trend reverses
(Gulfnews - 26/09/2017)

The Dubai index fell, extending losses for another session after breaching the 50-day moving average as weakness in heavyweights like Emaar Properties and Dubai Islamic Bank weighed on sentiment. The Dubai Financial Market General index closed 0.86 per

Banks, industrials help Qatar shares extend winning streak
(Gulf Times - 25/09/2017)

The Qatar Stock Exchange yesterday opened the week strong to inch near 8,400 levels, mainly lifted by banking, industrials, realty and transport counters. Local retail investors turned bullish and there was increased buying support from Gulf institutions

FTSE EM September inclusion likely for Kuwait
(Gulfnews - 25/09/2017)

Post a busy week with focus on central banks and sovereign credit actions, we expect regional market participants to shift attention to German politics, Kurdistan referendum, and FTSE emerging market developments this week. Last week, the FOMC (Federal