2018 2017 2016 2015 2014 2013 2012 2011 News Archive
January February March April May June July August September
Mild bargain buying seen in Dubai
(Gulf News - 30/03/2018)

Mild buying was seen on Dubai index on Thursday as bargain hunters became active. The Dubai Financial Market General index closed 0.58 per cent higher to 3,108.53. Emaar Properties closed 1.40 per cent higher to Dh5.80. Deyaar Properties closed 1.28 per

Saudi stocks to attract $45bn in foreign funds after upgrade
(Arab News - 30/03/2018)

Saudi stocks will be included in FTSE Russell’s emerging market index from next year, opening the country’s bourse to billions worth of foreign investment inflows in the coming years.<br/><br/> The move by FTSE Russell is forecast to attract significant

Saudi joins FTSE Global Equity Index
(The Gulf Today - 30/03/2018)

The FTSE Russell Group announced on Thursday that the Saudi Stock Exchange (Tadawul) will be classified as a “Secondary Emerging” market in the FTSE Global Equity Index Series from its previous status as “Unclassified”.<br/><br/> According to the Saudi

Bahrain markets sukuk, not proceeding with conventional bond
(Gulf News - 29/03/2018)

Bahrain is marketing an international issue of US dollar-denominated Islamic bonds but is not proceeding with a proposed conventional bond sale because of the pricing demands of some investors, banking sources said on Wednesday.<br/><br/> The kingdom

Abu Dhabi index tumbles on FAB profit-taking
(Gulf News - 29/03/2018)

The Abu Dhabi index fell more than 1 per cent on Wednesday, its sharpest fall in three weeks, due to profit-taking in shares First Abu Dhabi Bank (FAB). The Abu Dhabi Securities Exchange (ADX) General Index closed 1.33 per cent lower at 4,550.59. The

Saudi Arabia to join FTSE emerging market index
(Gulf News - 29/03/2018)

The Saudi Arabian stock market will join FTSE Russell’s emerging market index starting in March 2019, the company said on Wednesday, a move expected to draw billions of dollars of fresh foreign portfolio investment to the kingdom.<br/><br/> Many equity

Foreign investors keen on latest Kuwait bourse updates
(Arab Times - 29/03/2018)

Foreign investors are keen on knowing the latest updates in regards to Boursa Kuwait, said an official late Monday. Speaking to KUNA and Kuwait television on the sideline of the HSBC Middle East North Africa (MENA) Investors forum, CEO of Boursa Kuwait

Saudi equities emerge as bright spot before FTSE EM inclusion
(Gulf News - 28/03/2018)

Saudi equities are picking up after years of underperformance compared to its regional and global peers ahead of it getting included in the emerging market index first by FTSE Russell and the MSCI later in June.<br/><br/> The Tadawul index has gained 9

Oman’s share index ends flat on dull trading
(Times of Oman - 28/03/2018)

The MSM30 Index ended the session on a flat note at 4,759.29 points, up 0.02 per cent. The MSM Sharia Index gained 0.14 per cent to close at 679.48 points. Oman United Insurance was the most active in terms of volume as well as turnover. The top gainer

Oman’s share index declines marginally
(Times of Oman - 27/03/2018)

Dividend adjustment in heavyweight stocks weighed on the MSM30 Index, which closed at 4,758.42 points, a loss of 0.92 per cent. The MSM Sharia Index declined 0.44 per cent to end at 678.53 points. Galfar Engineering was the most active in terms of volume

Saudi equities gain traction
(Gulf News - 27/03/2018)

Clear trends are visible this year with few markets such as DFM, Oman losing its shine due to lack of catalysts as investors are possibly positioning themselves to reallocate funds to Saudi (emerging Index inclusion catalyst) and Egypt (IPO programme of

Dubai index tumbles to new 52-week low
(Gulf News - 27/03/2018)

Dubai Islamic Bank spooked the Dubai index on Monday after Emaar Properties as the gauge hit a new 52-week low.<br/><br/> The Dubai Financial Market General Index closed 0.36 per cent lower to 3,103.80, after hitting a low of 3,101.67, the lowest in a

QSE opens week weak on across-the-board selling
(Gulf Times - 26/03/2018)

An across-the-board selling — particularly in realty, industrials and transport — led the Qatar Stock Exchange to open the week weak and its key index settled below 8,800 levels.<br/><br/> The increased profit booking pressure from foreign funds was

Oman shares open week with gains
(Times of Oman - 26/03/2018)

The MSM30 Index had a stable session to close at, 4,802.56 points, up 0.03 per cent. The MSM Sharia Index gained 0.67 per cent to end at 681.56 points. Due to a special deal, Al Jazeera Steel was the most active in terms of both volume and turnover. The

Emaar Properties shares hit 52-week low
(Gulf News - 26/03/2018)

Emaar Properties witnessed continued selling pressure on Sunday to hit their lowest level in 52 weeks after the company’s statement lacked details on the annual dividend, weighing on the wider Dubai index.<br/><br/> Emaar Properties closed 2.72 per cent

DFM welcomes listing of Egypt firm
(The Gulf Today - 26/03/2018)

The Dubai Financial Market, DFM, on Sunday announced the listing of NAEEM Holding for Investment, in a first step of its kind from an Egyptian company. Trading commenced on the company’s shares under the trading symbol, NAHO, which appears on DFM

UAE markets go their separate ways
(Gulf News - 25/03/2018)

Last week the Dubai Financial Market General Index (DFMGI) dropped by 47.77 or 1.49 per cent to close at 3,149.53. Most issues fell as there were only nine positive stocks for the week against 26 that declined. Volume meanwhile dipped to the lowest

Another strong year in sight for the Gulf IPO market
(Gulf News - 25/03/2018)

Another strong year is in sight for the Initial Public Offering (IPO) market. Companies in the Gulf raised $3.3 billion (Dh12 billion) in 2017 through 28 IPOs compared to 4 in 2017 boosted by positive economic outlook in the backdrop of a recovery in oil

Inherent tension in sukuk market, says analyst
(The National - 22/03/2018)

The topic of sukuk standards is an important but sometimes divisive one in Islamic capital markets, and is a constant source of debate between the industry's many key stakeholders.<br/><br/> The GCC sukuk market remains fragmented; we have seen from the

World's largest single country Islamic ETF launched on QSE
(Gulf Times - 22/03/2018)

Qatar on Wednesday witnessed the launch of the world's largest single country Islamic exchange traded fund (ETF), which is increasingly seeking investors from Asia, Europe and the US.<br/><br/> Buoyed by the response from domestic investors, Al Rayan

Oman share index recovers
(Times of Oman - 22/03/2018)

The MSM30 Index recovered 0.30 per cent to close at 4,796.23 points. The MSM Sharia Index ended at 678.30 points, up 0.09 per cent. Galfar Engineering was the most active in terms of volume as well as turnover. The top gainer was also Galfar Engineering,

Dubai index boosted by Emaar-Aldar tie-up
(Gulf News - 22/03/2018)

The Dubai index moved higher on Wednesday, boosted by the announcement of a joint venture between Emaar Properties and Aldar Properties. The Dubai Financial Market (DFM) General Index closed 0.75 per cent higher at 3,206.70.<br/><br/> Emaar Properties

MSM declines to a nine-year low
(Oman Daily Observer - 22/03/2018)

The Muscat Securities Market (MSM) declined 6.2 per cent YTD as the benchmark MSM 30 index plummeted to 4,781.9 points – a level last seen in April 2009. The decline effectively wiped out cumulatively around RO 475 million of value from the market

Emirates NBD looks to upsize Saudi equities fund to $100m this year
(The National - 21/03/2018)

Emirates NBD Asset Management is looking to increase the size of its Saudi Arabian Equity fund to $100 million (Dh367m) by the end of this year, raising $75m in fresh capital, as it ramps up exposure to the kingdom’s $450 billion stock market ahead of

Oman's share index continues to decline
(Times of Oman - 21/03/2018)

Ex-dividend prices on index large cap weighed on the MSM30 Index, which closed at 4,832.54 points, down 1.24 per cent. The MSM Sharia Index declined 0.19 per cent to end at 688.14 points. Bank Muscat was the most active in terms of volume while Omantel

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

  •   ()