Market News

Muscat bourse recovers on buying support

(Times of Oman - 4/27/2017 7:43:00 AM)

Shares on the Muscat bourse recovered amid better investor sentiment on Wednesday. The MSM30 Index advanced by 0.80 per cent to close at 5,510.18 points. The MSM Sharia Index closed at 801.51 points, up by 0.45 per cent. Bank Sohar was the most active ...

Abu Dhabi Securities Exchange delays short-selling to allow time for

(The National - 4/27/2017 6:11:00 AM)

The Abu Dhabi Securities Exchange (ADX) has delayed the introduction of short-selling, claiming that more time is required to acquaint market participants with the practice. The ADX announced plans in December to introduce technical short-selling as a ...

Dubai index recovers with blue chip stocks

(Gulfnews - 4/27/2017 6:05:00 AM)

The Dubai index recovered from its early low on Wednesday as traders bought back Emaar Properties and other select stocks from lower levels. The Dubai Financial Market General index hit of a 3,423, before closing at 3,438.83, up 0.15 per cent. Emaar ...

Boursa Kuwait marks first year of record achievements

(Arab Times - 4/27/2017 5:50:00 AM)

Boursa Kuwait successfully concluded its first year since it assumed responsibility of Kuwait’s stock market, marking the start of a new era for the Kuwaiti exchange. During this time, Boursa Kuwait put forward a series of achievements in record time, ...

Tadawul index stays almost flat

(Arab News - 4/27/2017 5:39:00 AM)

Two Saudi banks soared on Wednesday after saying they were in the initial stages of a merger, helping lift the mood in other lenders. Alawwal Bank agreed to start talks with Saudi British Bank (SABB) about a tie-up that could create the Kingdom’s ...

UAE shares close higher

(The National - 4/26/2017 7:33:00 AM)

Shares in the UAE closed in positive territory on Tuesday on a day of mixed first-quarter earnings. Saudi shares fell on an otherwise quiet day for bourses across the Arabian Gulf. The Dubai Financial Market General Index spent much of the day in ...

Saudi stocks lower at close

(Saudi Gazette - 4/26/2017 5:44:00 AM)

Saudi Arabia stocks were lower after the close on Tuesday, as losses in the Telecoms & IT, Industrial Investment and Transport sectors led shares lower. The stock benchmark Tadawul All Share Index declined 0.88%. The best performers of the session on the ...

Petrochemical shares drag Tadawul lower

(Arab News - 4/26/2017 5:34:00 AM)

The Tadawul All Share Index (TASI) on Tuesday slipped 0.9 percent with the main drag from the petrochemical sector as Brent crude futures were trading near a four-week low around $51.70 a barrel. Heavyweight Saudi Basic Industries Corporation (SABIC) ...

Saudi bourse may be ready for equity futures, options in 24 months

(Arab News - 4/26/2017 5:33:00 AM)

Saudi Arabia’s stock exchange should be ready to introduce equity futures and options in about 24 months after it completes reforms to help it manage the risks of such products, the exchange’s Chief Executive Officer (CEO) Khalid Abdullah Al-Hussan said. ...

Qatar stock index drops 43.57 points

(The Peninsula - 4/25/2017 7:19:00 AM)

Qatar Stock Exchange (QSE) index dropped 43.57 points (0.43 percent) when the bourse closed trading at 10,153.76 points Monday. The volume of shares traded increased to 7,941,087 from 6,797,954 on Sunday and the value of shares also increased QR ...

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