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Oman share index ends marginally low
(Times of Oman - 31/05/2018)

The MSM30 Index ended on a flat note to close at 4596.91 points, marginally down by 0.03 per cent. MSM Sharia index closed at 657.92 points, up by 0.68 per cent. Galfar Engineering was the most active in terms of volume while Oman Cement was the most

Tighten corporate governance, Saudi firms urged as MSCI looms
(Arab News - 30/05/2018)

Saudi companies should boost efforts to align their corporate governance and investor relations functions with international standards ahead of a possible upgrade by emerging markets index provider MSCI.<br/><br/> Foreign investors have been net buyers

Oman share index ends higher
(Times of Oman - 30/05/2018)

MSM30 Index ended higher at 4598.13 points, up by 0.15 per cent. MSM Sharia index closed at 653.49 points, up by 0.02 per cent. Galfar Engineering was the most active in terms of volume as well as turnover. The top gainer of the day was Galfar

Fresh buying seen in DIB as Egyptian index rebounds
(Gulf News - 30/05/2018)

Traders resorted to fresh buying in Dubai Islamic Bank yesterday helping the Dubai index to hold on to its gains. The Egyptian index continued its rebound for another session to reclaim the keenly watched 17,000 mark.<br/><br/> The Dubai Financial Market

ADX signs blockchain agreement with UK’s Equichain
(The National - 29/05/2018)

Equichain, a UK-based fintech company that provides blockchain technology for capital markets, will advise the Abu Dhabi Securities Exchange (ADX) on how to use new technologies to increase efficiencies, as part of its market steering group.<br/><br/>

Omantel shares boost Muscat bourse higher
(Times of Oman - 29/05/2018)

Backed by strong gains in Omantel pushed the index to end higher at 4591.14 points, up by 0.53 per cent. MSM Sharia index closed at 653.37 points, up by 0.34 per cent. Galfar Engineering was the most active in terms of volume as well as turnover. The top

UAE bourses bide time with signs of stability
(Gulf News - 29/05/2018)

The Dubai index held on to recent gains on Monday, amid a lack of fresh leads, but traders were encouraged due to continued stability. The Dubai Financial Market General index closed 0.07 per cent higher to 2,929.97.<br/><br/> Elsewhere in the Middle

MSM general index gains 24 points
(Oman Daily Observer - 29/05/2018)

Muscat Securities Market (MSM) general index (30) yesterday added 24.1 points, comprising a rise by 0.53 per cent to close at 4,591.14 points, compared to the last session, which stood at 4,566.98 points.<br/><br/> The trading value today stood at RO

QSE snaps four days of bull run on strong profit taking
(Gulf Times - 28/05/2018)

The Qatar Stock Exchange on Sunday snapped four consecutive days of bullish run to witness its key index settle at sub-9,000 levels and capitalisation retreat below QR500bn.<br/><br/> Stronger profit booking, particularly in the real estate and banking

Oman share index ends marginally higher
(Times of Oman - 28/05/2018)

The MSM30 ended on a flat note to close at 4566.98 points, up by 0.06 per cent. MSM Sharia index closed at 651.16 points, declined by 0.45 per cent. HSBC bank Oman was the most active in terms of volume while Bank Muscat was the most active in terms of

Heavyweights weigh on Dubai index amid lack of catalysts
(Gulf News - 28/05/2018)

Heavyweights like Emaar Properties and Dubai Islamic Bank weighed on the Dubai index on Sunday, after a strong weekly performance on the back of new rules from the government on visa and ownership rules.<br/><br/> Emaar Properties closed 1.35 per cent

UAE markets: Near-term outlook continues to improve
(Gulf News - 27/05/2018)

The Dubai Financial Market General Index (DFMGI) was up 22.87 or 0.79 per cent last week to end at 2,954.46. There were 27 advancing issues and 10 declining, while volume reached a 16-week high.<br/><br/> Although it’s still early, the index continues to

MSM30 continues downtrend, but calm and caution prevail
(Oman Daily Observer - 27/05/2018)

As expected, the domestic financial market witnessed calm activities in the first week of the holy month. Further, the rapid developments in the other Gulf markets in terms of the results and announcements attracted more attentions and supported

Oman share index ends lower amid thin trading activity
(Times of Oman - 24/05/2018)

The MSM30 continued its downward trend amid thin trading activity to close at 4556.70 points, down by 0.49 per cent . MSM Sharia index closed at 654.52 points, down by 0.38 per cent. Galfar Engineering was the most active in terms of volume while Bank

Abu Dhabi index sees sharpest 2018 rise after ENBD’s acquisition
(Gulf News - 24/05/2018)

The Abu Dhabi index jumped more than 1 per cent on Wednesday, its sharpest daily rise so far in the year, on the back of buying in banking stocks, expecting more foreign inflows and a day after Emirates NBD announced its biggest overseas acquisition by

Oman share index ends lower
(Times of Oman - 23/05/2018)

The MSM30 index fell by 0.36 per cent to close at 4579.24 points. MSM Sharia index closed at 657.01 points, up by 0.75 per cent. Bank Nizwa was the most active in terms of volume while Bank Muscat was the most active in terms of turnover. The top gainer

Tadawul’s enhancement to opening, closing from May 27
(Gulf News - 23/05/2018)

Tadawul said on Tuesday that enhancement to its opening and closing price mechanism will be implemented from May 27.<br/><br/> The bourse plans to move to auction method of determining closing prices from Volume Weighted Average Price (VWAP) method, and

DFM and Nasdaq Dubai receive ISO certification
(The Gulf Today - 23/05/2018)

The Dubai Financial Market, DFM, and Nasdaq Dubai have been certified with the “ISO 22301: 2012” for Business Continuity Management System, BCMS, from Lloyd’s Register Quality Assurance (LRQA).<br/><br/> The certificate is a key standard for business

Emirates NBD deal boosts UAE markets
(The Gulf Today - 23/05/2018)

The United Arab Emirates stocks led regional gains on Tuesday, with Dubai’s market bolstered by a surge in Emirates NBD after it agreed to buy Turkish lender Denizbank for $3.2 billion.<br/><br/> Emirates NBD has dominated Dubai’s market so far this

Oman share index ends higher
(Times of Oman - 22/05/2018)

The MSM30 index gained by 0.12 per cent to close at 4595.16 points. MSM Sharia index closed at 661.96 points, up by 0.32 per cent. Galfar Engineering was the most active in terms of volume while Bank Muscat was the most active in terms of turnover. The

Nasdaq Dubai to start equity futures of Saudi companies
(Gulf News - 22/05/2018)

Nasdaq Dubai said on Monday it plans to launch equity futures on shares of leading companies of Saudi Arabia to enhance investor interest as the country opens up to foreign investors.<br/><br/> The futures trading on the bourse will begin in the third

UAE plan set to boost undervalued real estate, bank shares
(Gulf News - 22/05/2018)

Shares of real estate, banks and companies dependent on consumer spending will benefit from the 100 per cent foreign ownership and visa measures announced by the UAE government, market experts said.<br/><br/> As an initial reaction, shares of Emaar

UAE indices rise on long-term visa move
(The Gulf Today - 22/05/2018)

Dubai stocks climbed to a more than two-week high on Monday, as sentiment for property shares was lifted by a decision of the United Arab Emirates’ government to grant residency visas of up to 10 years to investors and specialists.<br/><br/> Emaar

Saudi bourse announces closing price mechanism changes
(Trade Arabia - 22/05/2018)

Saudi Stock Exchange (Tadawul) has announced major changes in the methodology for determining the opening and closing prices on both the Main Market and Nomu - Parallel Market - effective from May 27 onwards. <br/><br/> Tadawul is the sole entity

Saudi Arabia flat, Drake and Scull International lifts Dubai
(Arab News - 21/05/2018)

Gulf stock markets were mostly flat on Sunday amid low trading volumes and a lack of significant events. The Saudi index was little changed, while the Dubai index closed up 0.2 percent. The rest of the region closed down, but with losses