2018 2017 2016 2015 2014 2013 2012 2011 News Archive
January February March April May June July August September
Oman share index ends lower
(Times of Oman - 31/07/2018)

The MSM30 Index continued its downtrend and closed at 4,320.46 points, down 0.41 per cent. The MSM Sharia Index closed at 612.99 points, down 0.53 per cent. Galfar Engineering was the most active in terms of volume as well as turnover. Galfar

Air Arabia corners bulk of trading on DFM
(Gulf News - 31/07/2018)

About 200 million shares of Air Arabia changed hands in 10 minutes post noon on the Dubai Financial Market, cornering 76 per cent of the traded volume on Monday.<br/><br/> Air Arabia was the most-active stock on the bourse, and the bulk deals didn’t

Saudi stock market basking in global investor interest
(Arab News - 30/07/2018)

Is the Saudi stock market in the middle of a spectacular bull run? Some leading market experts think so. Analysts at Jadwa Investments, the Riyadh-based financial group, believe it “totally plausible” that the Tadawul All Share Index (TASI), the main

Oman share index ends higher
(Times of Oman - 30/07/2018)

The MSM30 Index largely remained stable at 4,338.36 points with a marginal gain of 0.06 per cent. The MSM Sharia Index closed at 616.27 points, up 0.15 per cent. Due to a special deal, Ahli Bank was the most active in terms of volume as well as turnover.

MSM-listed firms report OMR320mn profit
(Times of Oman - 30/07/2018)

Oman’s economy is very much on the road to a quick recovery, as demonstrated by a disclosure made by the 110 companies listed on the Muscat Securities Market (MSM) that they made OMR320 million in combined net profits for the first half of the

Saudi stock market shines in 1H 2018
(Saudi Gazette - 29/07/2018)

It has been a stellar run for the Saudi stock market during the first half of 2018, the NCB “Saudi Economic Review” for July 2018 revealed. The index is among the top performers on a global scale, ending the month of June with a 15.1% gain since the

Long-term bullish breakout for Abu Dhabi confirmed
(Gulf News - 29/07/2018)

Last week the Dubai Financial Market General Index (DFMGI) improved by 22.76 or 0.78 per cent to close at 2,948.80. There were 15 advancing issues and 21 declining, while volume was down to a 12-week low.<br/><br/> As of last week’s 2,954.87 high the

MSM30 slumps despite upbeat economic and corporate profitability growth
(Oman Daily Observer - 29/07/2018)

Despite an upbeat economic health outlook for the country coupled with corporate profitability growth in the recent half-year results, the market is nearing its 10-year low, which it hit in the financial crisis of 2008/09. We believe this all is due to

S&P Dow Jones to upgrade Saudi stocks to emerging market next year
(Gulf News - 26/07/2018)

Global equity index compiler S&P Dow Jones Indices will upgrade Saudi Arabia’s bourse to emerging market status from a stand-alone market next year, becoming the latest in a series of index firms to promote Riyadh.<br/><br/> S&P Dow Jones will add major

After 5-days of struggle, Dubai index breaches key level
(Gulf News - 26/07/2018)

After struggling for five days to breach the 50-day simple moving average, Dubai index breached the key technical resistance on Tuesday due to buying in Emaar Properties and Emirates NBD.<br/><br/> The Dubai Financial Market General Index closed 0.65 per

Oman share index ends on negative note
(Times of Oman - 25/07/2018)

The MSM30 Index ended the session on a negative note at 4,405.34 points, down 0.63 per cent. The MSM Sharia Index closed at 624.48 points, down 0.32 per cent. Al Madina Takaful was the most active in terms of volume while Bank Muscat led in terms of

Key barrier eludes Dubai index for fifth day
(Gulf News - 25/07/2018)

The Dubai index struggled to breach its key resistance level for a fifth session in a row on Tuesday. The Dubai Financial Market (DFM) general index closed 0.21 per cent lower at 2,925.74, after hitting a high of 2,934.87. The 50-day simple moving

DFM second-quarter net profit declines on lower trading values
(The National - 24/07/2018)

Dubai Financial Market, among the worst performing bourses this year in the Arabian Gulf region, on Monday reported a 22 per cent fall in the second-quarter net income as trading revenues fell and expenses climbed.<br/><br/> Net profit for the three

Dubai index wipes off two days of decline
(Gulf News - 24/07/2018)

The Dubai index wiped off two days of decline on Monday, largely due to support from Emaar Properties. The Dubai Financial Market (DFM) general index closed 0.37 per cent higher at 2,932.04, after falling 0.36 per cent in the past two sessions.<br/><br/>

Oman share index ends lower
(Times of Oman - 23/07/2018)

Trading activity remained poor with Renaissance Day holiday scheduled for Monday. The MSM30 index declined 0.34 per cent to close at 4,433.06 points. The MSM Sharia Index ended at 626.47 points, down 0.93 per cent. Gulf Investment Services was the most

Insurance stocks see renewed buying in flat UAE markets
(Gulf News - 23/07/2018)

Traders resorted to renewed buying in insurance stocks such as Dar Al Takaful, Salama, Dubai Islamic Insurance & Reinsurance Co and Methaq Takaful Insurance even as the wider index traded flat on Sunday. Saudi Arabia’s Tadawul index traded near its

Little cheer for Dubai as market pain continues
(Gulf News - 23/07/2018)

The underperforming Dubai Financial Market (DFM) General Index is caught up in a whirlwind of negative news, and there are no signs of it going away for now.<br/><br/> First, it was Emaar Properties’ lower-than-expected dividend, in the wake of Emaar

MENA equities continue to outperform global markets
(Saudi Gazette - 22/07/2018)

Most S&P and Dow Jones Shariah-compliant benchmarks outperformed their conventional counterparts in Q2 and through the first half of 2018 as financials – which are largely absent from Islamic indices – lagged the market by a wide margin, the S&P Shariah

MSM30: Recovery in performance, overall good results
(Oman Daily Observer - 22/07/2018)

Improvement was seen in trading activities in the past week as value and volume went up by 84.62 per cent and 127.1 per cent. However, the prevailing impression is caution, despite overall good results of many companies, especially the banking sector.

Boursa Kuwait announces its full membership with FEAS exchanges
(Arab Times - 22/07/2018)

Boursa Kuwait has announced its membership with the Federation of Euro-Asian Stock Exchanges (FEAS), which facilitates its integration with global financial markets and exchanges.<br/><br/> Through this membership, Boursa Kuwait will be a member of a

Oman share index ends higher
(Times of Oman - 19/07/2018)

The MSM30 index ended higher on Wednesday and closed at 4,457.12 points, up by 0.33 per cent. MSM Sharia Index closed at 633.180 points, up by 0.10 per cent. HSBC Bank Oman was the most active in terms of volume and in terms of turnover. The top gainer

ADX sees new listing on second market
(Gulf News - 19/07/2018)

The Abu Dhabi Securities Exchange said on Wednesday that Wahat Al Zaweya Holding listed its shares on the second market, and has commenced trading.<br/><br/> The company’s share capital is Dh2.3 billion, with 2.3 billion shares at par value of Dh1 per

Oman share index ends lower
(Times of Oman - 18/07/2018)

The MSM30 Index ended lower on Tuesday and closed at 4,442.49 points, down by 0.14 per cent. MSM Sharia Index closed at 632.56 points, down by 0.44 per cent. Al Madina Takaful was the most active in terms of volume while Bank Muscat was most active in

Traders resort to DSI shares in tight Dubai market
(Gulf News - 18/07/2018)

Drake and Scull International (DSI) witnessed buying on Tuesday in a ranged Dubai market. Other regional indices fell by as much as half a per cent. DSI closed 2.88 per cent higher to Dh0.715 and was the most active stock on the bourse, contributing to

Oman share index ends lower
(Times of Oman - 17/07/2018)

The MSM30 Index ended lower on Monday and closed at 4,448.77 points, down by 0.18 per cent. MSM Sharia Index closed at 635.38 points, up by 0.10 per cent. Al Madina Takaful was the most active in terms of volume while Bank Muscat was most active in terms

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

  •   ()