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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

Emaar surges as Abu Dhabi index hits 18-month high
(Gulf News - 17/07/2018)

Emaar Properties shares surged on Monday after reports that the company was planning to sell its non-core assets. The Abu Dhabi index hit its highest level in 18 months.<br/><br/> Emaar Properties closed 2.77 per cent higher to Dh5.20. About 10.6 million

IQ, QNB lift QSE index higher
(The Peninsula - 17/07/2018)

Qatar stocks drifted higher as traders looked toward solid company results yesterday, a day after the official confirmation that FIFA World Cup will come to Qatar in November 2022. Extending the rally, the QSE benchmark index rose 1.06 percent to reach

CNBC and Nasdaq Dubai announce opening of new studio to expand Middle East coverage
(Media Office Dubai - 17/07/2018)

CNBC, the world's number one business and financial news network, today announced the expansion of its Middle East operations with a new studio set to open in October at Nasdaq Dubai.<br/><br/> The network will use the new base at MarketSite, part of

QSE settles in positive terrain despite bear run on 6 sectors
(Gulf Times - 16/07/2018)

The Qatar Stock Exchange saw six of the seven sectors under bearish spell, yet it settled in the positive terrain on Sunday. Both domestic funds and local retail investors were increasingly net buyers as the 20-stock Qatar Index gained 0.24% to 9,340.69

Oman share index ends higher
(Times of Oman - 16/07/2018)

Earnings announcements lifted the MSM30 Index, which gained 0.36 per cent to close at 4,456.76 points. MSM Sharia Index ended lower at 634.74 points, down 0.06 per cent. Al Madina Takaful was the most active in terms of volume as well as turnover.

Aggressive buying seen in insurance shares on DFM
(Gulf News - 16/07/2018)

Traders resorted to aggressive buying in insurance shares as Dar Al Takaful hit an upper circuit for the second day in a row amid positive moves on the Dubai index.<br/><br/> Dar Al Takaful closed nearly 15 per cent higher at Dh0.885, bringing total

Chinese behind Dh900m trade on UAE bourses in 2017
(Gulf News - 16/07/2018)

The number of Chinese investors active on UAE stock markets at the end of 2017 stood at 817, with turnover of Dh900 million. According to official figures, more than 15 Chinese investment institutions are active on UAE markets.<br/><br/> Chinese

GCC stock markets end mixed even as global indices rise
(Saudi Gazette - 15/07/2018)

Stock markets in the GCC region ended on a mixed note Wednesday, Al Rajhi Capital said in a commentary.<br/><br/> Oman dropped 1.0%, while Qatar fell 0.4%, dragged down by banking shares. Dubai edged down 0.1%. However, Kuwait, Bahrain and Abu Dhabi

Outlook improving for UAE markets
(Gulf News - 15/07/2018)

Last week the Dubai Financial Market (DFM) General Index was essentially flat, up by 3.80 or 0.13 per cent to end at 2,884.22. However, market breadth seemed more decisive with 18 advancing issues and nine declining, while volume dipped to a three-week

MSM at level last seen nine years ago
(Oman Daily Observer - 15/07/2018)

Pressures (some are justified) continue hitting the financial market, which saw its lowest level in more than nine years. Last week the benchmark index dropped by 1.83 per cent at 4,440.80 which can be attributed to factors such as companies results,

BHS completes first repurchase agreement transaction in DFM
(The Gulf Today - 15/07/2018)

Brokerage House Securities, a subsidiary of KBBO Group, announced that it has collaborated with Dubai Financial Market to execute its first repurchase agreement on securities listed in local financial markets. The transaction will allow investors to

Oman share index ends lower
(Times of Oman - 12/07/2018)

The MSM30 Index registered steepest daily decline in last 4 months and closed at 4,455.54 points, down by 0.95 per cent. MSM Sharia Index closed at 636.66 points, down by 0.57 per cent. Gulf Investment Services was the most active in terms of volume and

Kuwait index jumps most regionally
(Gulf News - 12/07/2018)

Kuwait’s index saw its sharpest rally in a week, jumping the most in the region on Wednesday even as the Abu Dhabi index continued its good run compared to Dubai.<br/><br/> The Kuwait All Share Index closed 1.11 per cent higher at 5,236.27, after hitting

Kuwait Index upgrade soon
(Arab Times - 12/07/2018)

Boursa Kuwait management met on Wednesday with MSCI representatives during their visit to Kuwait to engage with several key entities. The meeting took place after MSCI’s recent announcement to include the MSCI Kuwait Index in its 2019 Annual Market