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Saudi insurance stocks soar as female drivers take to the road
(Arab News - 25/06/2018)

Saudi insurance stocks surged on Sunday, with investors expecting the sector to reap significant dividends following the lifting of the ban on female drivers.<br/><br/> Insurance stocks — one of the worst performing sectors on the Saudi bourse for the

Oman share index ends lower
(Times of Oman - 25/06/2018)

The MSM30 index ended lower on Sunday and closed at 4593.87 points, down by 0.36 per cent. MSM Sharia Index closed at 658.87 points, down by 0.12 per cent. Galfar Engineering and construction was the most active in terms of volume while Rennaisance

Tadawul index jumps 1.8% on MSCI upgrade
(Gulf News - 25/06/2018)

Saudi Arabia’s Tadawul index jumped on Sunday after the MSCI said it would add the kingdom to its emerging market index, a move that is expected to attract billions of dollars in funds.<br/><br/> The Tadawul All Share Index rose 1.76 per cent, ending the

After MSCI upgrade, Tadawul chief turns to the next challenge for Saudi Arabia
(Arab News - 24/06/2018)

Khalid Al-Hussan seemed to be enjoying himself last Thursday at the Riyadh headquarters of Tadawul, the Saudi Arabia stock exchange, of which he is chief executive. In fact, a quiet smile of satisfaction rarely left his face, even under the bright glare

Uncertainty with a downward bias prevails in UAE markets
(Gulf News - 24/06/2018)

Last week the Dubai Financial Market General Index (DFMGI) got hit hard, falling 110.06 or 3.62 per cent to end at 2,928.17. That’s its largest one-week decline since early November 2017. Weakness was widespread as there were only five advancing issues

Muscat Securities Market up on upbeat trading note
(Oman Daily Observer - 24/06/2018)

Stable trading — except on the last trading day — was seen in the last week, which included three days of trading due to the Eid holiday. Overall, investor caution continues to dominate ahead of second quarter results. Further, some interest was shifted

QSE to launch new incentives for local and global investors
(Gulf Times - 21/06/2018)

The Qatar Stock Exchange (QSE) is poised to launch new investment incentives after a series of steps taken this year aimed at developing its systems, making it a platform for attracting local and international investments.<br/><br/> These steps have

Oman share index ends higher
(Times of Oman - 21/06/2018)

The MSM30 index ended higher on Wednesday and closed at 4593.53 points, up by 0.09 per cent. MSM Sharia Index closed at 657.18 points and up by 0.10 per cent. National Securities was the most active in terms of volume and Bank Muscat was the most active

Global sukuk issuance falls by 15.3%
(Times of Oman - 21/06/2018)

The global sukuk market experienced a significant slowdown in issuance in the first half of 2018, as predicted by S&P Global Ratings in January. The total sukuk issuance dropped by 15.3 per cent compared with the same period last year, reaching $44.2

Selling in Dubai index stabilises,Tadawul tumbles before MSCI upgrade
(Gulf News - 21/06/2018)

Selling stabilised on Dubai index after losing 3.2 per cent in the past two sessions as the gauge stayed below the 3,000 mark, while Saudi Arabia’s Tadawul index tumbled before the MSCI upgrade.<br/><br/> The Dubai Financial Market general index closed

Saudi Arabia gets MSCI emerging market status
(Gulf News - 21/06/2018)

Index provider MSCI said on Wednesday it will give emerging market status to Saudi Arabia, effective mid-2019. The move will sharply broaden the Saudi investor base in a move that could be supportive of local equities.<br/><br/> International investors’

Kuwait starts out week with losses; volume up
(Arab Times - 21/06/2018)

Kuwait stocks kicked off the week on a weaker note on Tuesday amid negative sentiment in global markets due to escalating US-China trade conflict. The All Share index plunged 16.01 points to close at 4,826.67 points.<br/><br/> The Premier Market index

Saudi Arabia, Argentina decisions loom for MSCI index review
(Times of Oman - 20/06/2018)

Global index compiler MSCI is considering including Saudi Arabia and Argentina in its emerging market indexes at a review of its widely-tracked benchmark on Wednesday, and could potentially announce candidates that may join its indexes in

Oman's share index ends lower in thin trading
(Times of Oman - 20/06/2018)

The MSM30 index ended lower amid thin trading activity to close at 4589.330 points, down by 0.15 per cent. MSM Sharia index closed at 656.530 points and down by 0.01 per cent. Al Madina Takaful was the most active in terms of volume and in terms of

UAE equity indices slide further amid trade tensions
(Gulf News - 20/06/2018)

The UAE’s main stock indices continued sliding on Tuesday amid growing concerns on a possible trade war. The Dubai Financial Market (DFM) index fell 1.45 per cent to end below the 3,000 mark for the second day in a row, at 2,939.33, as most stocks ended

Abu Dhabi index drops 2.68% amid concerns on Abraaj
(Gulf News - 19/06/2018)

The UAE’s equity indices dove on Monday, with Abu Dhabi’s main index plunging nearly 2.7 per cent amid a weak trade values and after Abraaj filed for provisional liquidation.<br/><br/> The Abu Dhabi Securities Exchange (ADX) general index ended the day

MSM 30 closed stable ahead of Eid holidays
(Oman Daily Observer - 19/06/2018)

The MSM30 closed the week almost stable at 4596.05. The Financial sub index was the only loser as it closed down by 0.11 per cent. Both the Industrial and Services indices went up by 0.44 per cent and 0.37 per cent respectively. The MSM Shariah Index

Saudi shares-index upgrade likely to ‘turbocharge’ private sector growth
(Arab News - 18/06/2018)

Investors are expected to pump billions into the Saudi bourse, known as the Tadawul, if the Kingdom is included in the key MCSI-emerging markets index in 2019. The decision is expected on Wednesday.<br/><br/> Analysts interviewed by Arab News gave a

Oman's share index ends on a flat note
(Times of Oman - 14/06/2018)

The MSM30 Index ended on a flat note to close at 4596.105 points, marginally down by 0.05 per cent. MSM Sharia index closed at 656.60 points, up by 0.20 per cent. Al Madina Investment was the most active in terms of volume while Bank Muscat was the most

Telecom, banking equities drag QSE to below 9,200
(Gulf Times - 13/06/2018)

The Qatar Stock Exchange on Tuesday retreated below 9,200 levels mainly dragged by telecom and banking equities. Domestic institutions’ increased profit booking led the 20-stock Qatar Index shrink for the fourth consecutive day by 0.46% to 9,160.97

Muscat bourse remains volatile within a narrow range
(Times of Oman - 13/06/2018)

The MSM30 Index remained volatile within a narrow range and ended lower at 4598.180 points, down by 0.10 per cent. MSM Sharia index closed at 655.320 points, up by 0.14 per cent. Bank Muscat was the most active in terms of volume as well as turnover. The

Pre-Eid rally cools off on Dubai index
(Gulf News - 13/06/2018)

The Dubai index witnessed mild profit-taking on Tuesday after a pre-Eid rally extending over the past two sessions. The Dubai Financial Market (DFM) General Index closed 0.59 per cent lower at 3,078.96 after gaining 6 per cent since May 30 (with the

MSCI win bets make Saudi stocks even pricier than new peers
(Gulf News - 13/06/2018)

Emerging-market investors need deeper and deeper pockets as they prepare to add stocks from the largest exchange in Africa and the Middle East to their portfolios.<br/><br/> Saudi Arabian shares have climbed 14 per cent this year, partly as foreign

Oman's share index ends marginally higher
(Times of Oman - 12/06/2018)

The MSM30 index ended higher to close at 4602.780 points, up by 0.03 per cent. MSM Sharia index closed at 654.370 points. Bank Muscat was the most active in terms of volume as well as the most active in terms of turnover. The top gainer of the day was

UAE financial markets poised for take off
(Gulf News - 12/06/2018)

The UAE’s financial markets are solid and will take off again in terms of liquidity and volume of trading due to positive indications from the government and an improvement in the economy, the chief executive of the Securities & Commodities Authority

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