Market News

Qatar bourse says Gulf institutions dumped Qatari shares

(The Peninsula - 6/22/2017 8:23:00 AM)

The Qatar Stock Exchange on Wednesday said it believed some institutional investors from Saudi Arabia, the UAE and Bahrain dumped shares to drive down the Qatari stock market in the wake of the diplomatic rift between Qatar and its Arab neighbours. ...

Across the board selling pressure drags Oman shares lower

(Times of Oman - 6/22/2017 1:23:00 AM)

Selling pressure across the board led the MSM30 index to plunge by 1.42 per cent to close at 5195.124 points. The MSM Sharia Index was down by 0.75 per cent to end at 764.31 points. Bank Muscat was the most active in terms of volume as well as turnover. ...

Saudi steps boost investor confidence

(Gulfnews - 6/22/2017 1:14:00 AM)

Saudi investors cheered after the government reinstated bonuses and other perks, even as institutional investors watched the Tadawul benchmark finally get elevated to the MSCI emerging market watch list. The Tadawul index jumped as much as 400 points to ...

Saudi index cheers new crown prince, MSCI news

(The Gulf Today - 6/22/2017 1:05:00 AM)

Saudi Arabia’s stock market jumped over 5 per cent on Wednesday after the architect of the kingdom’s economic reforms was appointed crown prince and index compiler MSCI said it would consider upgrading Riyadh to emerging market status. The stock index ...

Kuwait bourse extends losses; volume tumbles – KIPCO slips 6 fils; NBK

(Arab Times - 6/22/2017 1:01:00 AM)

Kuwait stocks slipped into red on Tuesday, extending the losses to second session. The bourse dipped 46.75 points in choppy trade to 6,78338 points amid selling in select counters even as the heavyweights closed mostly higher. The KSX 15 benchmark rose ...

Saudi stock market soars 5.5% after crown prince appointment, MSCI upd

(Arab News - 6/22/2017 12:52:00 AM)

The Saudi stock market index on Wednesday jumped by 5.5 percent to an 18-month high, following news that King Salman has placed his 31-year-old son next in line to the throne. The Tadawul index, the largest in the Middle East, was also boosted by news ...

Saudi Arabian Stocks Advance as Trio of Catalysts Boosts Trading

(Bloomberg - 6/21/2017 12:27:00 PM)

Saudi Arabia’s Tadawul All Share Index rose 2.3 percent at 10:12 a.m. in Riyadh as traders embraced a trio of key announcements. Hours after global index provider MSCI Inc. opened the way for Saudi Arabian stocks to be included in its gauges, ruler King ...

Saudi stock market rises over 4 percent

(Arab News - 6/21/2017 12:23:00 PM)

The Saudi stock market is up over 4 percent after news that King Salman has placed his 31-year-old son next in line to the throne. The Saudi Tadawul index, the largest in the Middle East, also was boosted by news that some benefits for civil servants ...

QSE index drops 118.75 points

(The Peninsula - 6/21/2017 8:36:00 AM)

Qatar Stock Exchange (QSE) main index dropped 118.75 points, or 1.29 percent, when the bourse closed trading at 9,069.34 points, yesterday. The volume of shares traded decreased to 8.85 million from 9.79 million on Sunday and the value of shares ...

Tadawul at highest since April

(The National - 6/21/2017 8:29:00 AM)

Shares in Saudi Arabia surged to a two-month high yesterday, as investors bet on the country’s likely inclusion today on the MSCI watch list for reclassification to emerging market status. UAE stocks were mixed, while the Qatar Exchange fell for a second ...

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