2018 2017 2016 2015 2014 2013 2012 2011 News Archive
January February March April May
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

Nasdaq Dubai to launch Saudi Arabian futures later this year
(Arab News - 21/05/2018)

Nasdaq Dubai, the UAE’s international stock exchange, is to launch futures trading in Saudi Arabian quoted companies before the end of this year, Arab News can reveal.<br/><br/> The move will allow global investors to trade shares in Saudi Arabian listed

Oman share index ends on negative note
(Times of Oman - 21/05/2018)

The MSM30 index started the week’s first trading session on a negative note and closed at 4590.16, down by 0.60 per cent. MSM Sharia index closed at 659.85 points, down by 0.36 per cent. Bank Dhofar was the most active in terms of volume as well as

Dubai index ranged with mild traded value
(Gulf News - 21/05/2018)

Dubai index on Sunday remained rangebound with Drake and Scull contributing the most to the total traded value. The Dubai Financial Market General Index closed 0.21 per cent higher to 2,918.74. Traded value stood at Dh208 million.<br/><br/> “UAE markets

MSM30 down, but calm prevails in trading
(Oman Daily Observer - 20/05/2018)

Despite stability in trading in first few days of the week, the general index reversed its path and posted declines as it was pressured by geopolitical and cautious sentiment in addition to results of Omantel. The weakness of trading has also made the

S&P Dow Jones Indices considers upgrading Saudi Arabia to emerging market status
(Arab News - 18/05/2018)

Equity index compiler S&;P Dow Jones said it was consulting investors on whether to upgrade Saudi Arabia to emerging market status, a new sign of growing interest in the Kingdom among global fund managers.<br/><br/> An upgrade by S&P Dow Jones could draw

QSE’s main index gained 141.51 points last week
(The Peninsula - 18/05/2018)

Qatar Stock Exchange’s (QSE) benchmark gained 141.51 points, or 1.62 percent, last week when the bourse closed yesterday at 8,891.16 points. Trading value during last week increased by 65.14 percent to reach QR1.60bn compared to QR974.25m at the end of

Dubai index falls more, Tadawul bucks trend
(Gulf News - 18/05/2018)

The Dubai index extended losses for another session on Thursday due to weakness in shares of Emaar Properties. However, Saudi Arabia’s Tadawul closed higher.<br/><br/> The Dubai Financial Market General Index closed 0.65 per cent lower to 2,912.62, after

DFM achieves 100% compliance in results from cos
(Gulf News - 17/05/2018)

Dubai Financial Market said on Wednesday it has achieved a 100 per cent compliance regarding the disclosure of the second quarter results. The deadline was of 45 days from the end of the period, the bourse said in an emailed statement.<br/><br/> The

Dubai index hold gains with Emaar Properties
(Gulf News - 17/05/2018)

The Dubai index on Wednesday held on to gains registered in the past few sessions along with shares of Emaar Properties, among others. The Dubai Financial Market General Index closed 0.18 per cent lower to 2,931.59. Emaar Properties closed 0.58 per cent

Kuwait market slightly higher; volume anemic
(Arab Times - 17/05/2018)

Kuwait stocks ticked higher on Wednesday extending last session’s gains. The All Shares Index rose 3.55 points in sluggish trade to 4,815.46 pts paced by Jazeera Airways and Al Ahli Bank even as the trading board remained mixed ahead of the start of the

Oman share index ends lower
(Times of Oman - 16/05/2018)

The MSM30 Index closed lower for the first time in four days and ended the session at 4,684.75 points, down 0.10 per cent. The MSM Sharia Index was stable at 666.5 points. Ahli Bank was the most active in terms of volume as well as turnover. Ooredoo was

Bargain hunters help drive DFM recovery
(Gulf News - 16/05/2018)

Traders continued to pick-up bargains on Tuesday after the Dubai index reached key support levels, while in Saudi Arabia, the Tadawul index traded lower.<br/><br/> The Dubai Financial Market (DFM) General Index closed 1.09 per cent higher at

MSM, MEIRA organise seminar on IR role in corporate governance
(Oman Daily Observer - 16/05/2018)

Following the MOU signed on December 2017, the Middle East Investor Relations Association (MEIRA) and Muscat Securities Markets (MSM) organised an Investor Relations (IR) seminar, aimed at raising awareness and knowledge of the IR role and the

Oman's share index rises marginally
(Times of Oman - 15/05/2018)

Muscat Securities Market (MSM) general index on Monday added 3.10 points, comprising a rise by 0.07 per cent to close the trading session at 4,689.66 points, compared to the last session, which stood at 4,686.56 points.<br/><br/> The trading value on

Traders resort to select bargain-buying on DFM
(Gulf News - 15/05/2018)

Traders resorted to select bargain-buying in Dubai stocks at key support zones, with the Dubai Financial Market (DFM) General index closing 0.45 per cent higher at 2,905.03.<br/><br/> Emaar Properties ended the session 1.21 per cent higher at Dh5.03.

QSE sheds bearish trend as foreign, domestic institutions turn bullish
(Gulf Times - 14/05/2018)

The Qatar Stock Exchange opened the week stronger, after reaming under bearish spell for the previous three sessions, as foreign and domestic institutions turned bullish.<br/><br/> Strong buying, particularly in the real estate and industrials counters,

Oman share index ends marginally higher
(Times of Oman - 14/05/2018)

The MSM30 Index ended the day at 4,686.56 points, up 0.11 per cent. The MSM Sharia Index advanced 0.52 per cent to close at 665.60 points. Al Madina Takaful was the most active in terms of volume while Ooredoo led in terms of turnover. Oman Qatar

Damac Properties lists $400m sukuk on Nasdaq Dubai
(Gulf News - 14/05/2018)

Nasdaq Dubai said it listed $400 million (Dh1.4 billion) sukuk by Damac Real Estate Development.<br/><br/> The Sukuk was sold to investors in the Middle East, Europe and Asia reflecting Damac Properties’ international profile. It is the third Sukuk

Best-performing Tadawul index jumps 1% ahead of MSCI review
(Gulf News - 14/05/2018)

Saudi Arabia’s Tadawul index jumped 1 per cent above the 8,000 level, its highest level in a month, on brisk buying in blue-chips. The index rose to a high of 8,022.83, the level last seen on April 16, before trading 1.33 per cent higher to 8,019.89. The

Bahrain Bourse lists BD300 Million Government Development Bond
(Biz Bahrain - 14/05/2018)

Bahrain Bourse announced the listing of the Government Development Bond – Issue No. 16 that has been issued by the CBB on behalf of the Government of Bahrain through registered brokers at Bahrain Bourse. The bond will be traded under the symbol

Saudi Arabia equity market set for strong rally
(Trade Arabia - 14/05/2018)

The Saudi equity market is gaining momentum as it heads for possible inclusion in MSCI’s influential emerging market index in 2018, following the FTSE upgrade as an emerging market last month, said an industry expert.<br/><br/> “This rally is underpinned

UAE markets: Sellers remain in control
(Gulf News - 13/05/2018)

Once again the Dubai Financial Market General Index (DFMGI) ends the week with a loss, at a new trend low, and near the low for the week. This was the fourth consecutive week that the index has closed lower. There’s only been two weeks in the past 12

MSM30 down despite healthy fundamentals
(Oman Daily Observer - 13/05/2018)

Ignoring the strong fundamentals and the good performance of most of its listed companies, in addition to the recent rally in oil prices (Oman Oil) which reached its highest level since November 2014, MSM30 declined in the last week by 0.93 per cent at

Dubai index sees sharpest 2018 losses amid Iran uncertainty
(Gulf News - 11/05/2018)

The Dubai index fell the most regionally on Wednesday as sell-off continued due to uncertainty on geo-politics after the United States walked away from the nuclear deal with Iran amid absence of fresh buying.<br/><br/> The Dubai Financial Market General