2018 2017 2016 2015 2014 2013 2012 2011 News Archive
January February March April
Oman’s share index ends marginally higher
(Times of Oman - 23/04/2018)

Technical glitches resulted in a shortened trading session in which the MSM30 Index ended flat at 0.03 per cent. The MSM Sharia Index declined 0.07 per cent to close at 662.65 points. Bank Muscat was the most active in terms of volume as well as

Lacklustre trading continues on DFM, ADX
(Gulf News - 23/04/2018)

Lacklustre trading continued on the Dubai Financial Market (DFM) and the Abu Dhabi Securities Exchange (ADX) on Sunday.<br/><br/> The Dubai Financial Market General Index fell 0.08 per cent to 3,079.51 by the end of the session. Traded value on the index

Market cap of ADX listed companies pegged at Dh485b
(Gulf News - 23/04/2018)

The market capitalisation of listed companies on the Abu Dhabi Securities Exchange (ADX) increased by 2 per cent to Dh485 billion by the end of 2017, compared to Dh475 billion at end of 2016.<br/><br/> The net profit booked by companies listed on the ADX

Bond and sukuk listings bolster MSM debt market
(Oman Daily Observer - 23/04/2018)

As many as 26 bond and sukuk issuances have been listed on the Muscat Securities Market (MSM) as of December-end 2017, underscoring the growing role of the debt as well as the equity markets in supporting economic growth in the Sultanate, a key banking

Kuwait equities drop in lacklustre session – Ooredoo tumbles 40 fils; KIPCO flat
(Arab Times - 23/04/2018)

Kuwait stocks slipped into red on Sunday extending its losses to fourth straight session. The All Shares Index fell 8.55 points in lackluster trade to 4788.93 pts weighed by Ooredoo even as the broader market remained mixed. The Premier Market rose 3.21

Islamic bonds offer a sweet spot in dull market
(Gulf News - 22/04/2018)

Islamic bonds or popularly called as sukuk offers a sweet spot in an otherwise dull bond market, which many analysts think the 35-year old bull run will come to an end amid rising rates.<br/><br/> That’s because of its demand, supply and macro

Speculative activities spike as MSM30 ticks down
(Oman Daily Observer - 22/04/2018)

Speculative activities continued to dominate the market movement. Further, the cautious sentiment among investors has limited the strategic moves and have thus kept the market calm overall. We have seen that companies’ disclosures and discussion panels

Saudi Arabia’s Tadawul index hits August 2015 high
(Gulf News - 20/04/2018)

Saudi Arabia’s Tadawul index rose on Thursday, extending gains for another session to hit its highest level since August 2015.<br/><br/> The benchmark rose as much as 8,271.29, before paring gains to 8,243.00, ending 1.19 per cent higher for the day. The

Oman’s share index ends on negative note
(Times of Oman - 19/04/2018)

The MSM30 Index ended the session on a negative note at 4,751.95 points, down 0.37 per cent. The MSM Sharia Index declined 0.44 per cent to end at 663.61 points. Gulf Investment Services was the most active in terms of volume while Bank Muscat led in

Chinese capital markets delegation visits QSE
(The Peninsula - 19/04/2018)

A delegation representing the Shenzhen Stock Exchange (SZSE) and China Merchant Securities yesterday visited Qatar Stock Exchange (QSE) and met with Qatari bourse officials. The Chinese delegation discussed the prospects and opportunities for enhancing

Emaar weakness outweighs strong bank results on DFM
(Gulf News - 19/04/2018)

Weakness in Emaar Properties ahead of the annual general meeting outweighed better than expected results from Dubai Islamic Bank and Emirates NBD, resulting in more than 1 per cent losses on the Dubai index.<br/><br/> Emaar Properties, which has the

Oman Bonds and Sukuk market grows to RO 2.63 billion in 2017:CMA
(Oman Daily Observer - 19/04/2018)

Notwithstanding the current global economic downturn, the outstanding market value of the bonds and Sukuk segment of the Muscat Securities Market (MSM) grew a commendable 32 per cent to RO 2.63 billion at the end of 2017, up from RO 1.99 billion in 2016,

SIB, DAMAC Properties list sukuks on Nasdaq Dubai
(The Gulf Today - 19/04/2018)

Nasdaq Dubai welcomed the listing of two Sukuks by UAE issuers. Sharjah Islamic Bank (SIB), one of the UAE’s most prominent Islamic financial institutions, listed a $500 million Sukuk, and DAMAC Properties, one of the region’s leading real estate

Oman's share index gains marginally
(Times of Oman - 18/04/2018)

Negative surprise in telecom sector capped the MSM30 Index gains at 0.05 per cent before closing at 4,769.42 points. The MSM Shariah Index declined 0.37 per cent to end at 666.51 points. Galfar Engineering was the most active in terms of volume while

Tadawul index hits year high of over 8,000 level as traders bet
(Gulf News - 18/04/2018)

The Saudi index breached past the keenly watched 8,000 mark and hit its highest level in a year as traders piled in money betting on stocks ahead of the potential inclusion on the MSCI emerging market index.<br/><br/> The Tadawul index hit the highest

Oman’s share index declines marginally
(Times of Oman - 17/04/2018)

The MSM30 Index closed lower at 4,767.19 points, down 0.20 per cent. The MSM Sharia Index closed at 668.97 points, down 0.12 per cent. Galfar Engineering was the most active regarding volume as well as turnover. A’Saffa Foods was the top gainer, up 4.63

Traded value tumbles again on Dubai bourse
(Gulf News - 17/04/2018)

Traded value on Dubai bourse tumbled again to Dh88 million on Tuesday, indicating continued sluggishness. The Dubai Financial Market General Index closed 0.33 per cent lower to 3,140.48. Traded value stood at Dh88 million compared to more than Dh100

Kuwait Stock Exchange plans share sale as early as this year
(Gulf News - 17/04/2018)

Kuwait, which was classified as an emerging market by index provider FTSE Russell in September, plans to sell a stake in its stock exchange as early as this year.<br/><br/> The Capital Markets Authority is conducting studies for the initial public

Gulf equity markets shrug off the West’s strikes on Syrian targets
(The National - 16/04/2018)

Most of the Arabian Gulf equity markets shrugged off on Sunday the US-led military strikes on targets in Syria over the weekend, as investors counted on the uptick in oil prices and first quarter earnings season to buoy stocks.<br/><br/> Saudi Arabia,

UAE trading activity slows down as Tadawul rises
(Gulf News - 16/04/2018)

Trading activity has slowed to a trickle on UAE bourses as traders are busy chasing attractive returns in Saudi Arabia.<br/><br/> Traded value in Dubai has tumbled by 90 per cent to Dh150 million compared to Dh1.5 billion two years ago. On Saudi Arabia’s

Dubai, Tadawul stocks rise as Syria strike fears ebb
(Gulf News - 16/04/2018)

Dubai index rose, extending gains for another session to hit its highest level in nearly a month. The Dubai Financial Market General Index closed 1.83 per cent higher to 3,150.93, after gaining 1.98 per cent for the most of last week.<br/><br/> On

Interest rate tightening positive for region’s banking sector
(Gulf News - 16/04/2018)

The world had a long period of historically low interest rates. That is not sustainable. As part of a normalisation of rates, leading central banks have either started hiking rates or are poised to do so, placing global rates on a rising

Bahrain Bourse lists 15 issues in the Treasury Bills Market
(Biz Bahrain - 16/04/2018)

Bahrain Bourse (BHB) announced on Sunday, 15th of April 2018 the listing of 15 issues in the Treasury Bills Market worth a total of BD873 million, issued by the Central Bank of Bahrain with discount rates ranging between 3.13% and 3.61% for 3-12 months.

DFM to host International Investor Roadshow in NY
(The Gulf Today - 16/04/2018)

The Dubai Financial Market, DFM, will hold its International Investor Roadshow on 2nd-3rd May, 2018, in New York, in collaboration with Bank of America Merrill Lynch, BofAML, as part of its endeavour to strengthen links between listed companies and

Middle East merger transactions hit $13.9b
(Times of Oman - 15/04/2018)

The value of announced merger and acquisition (M&A) transactions with any Middle Eastern & North African (Mena) involvement reached $13.9 billion during the first quarter of 2018, seven per cent more than the value recorded during the first quarter of