Market News

Oman shares rise on strong investor buying

(Times of Oman - 8/23/2017 5:49:00 AM)

The MSM30 Index continued its brief recovery to close at 4,972.30 points, up 0.58 per cent. The MSM Sharia Index ended at 734.10 points, up 0.27 per cent. Al Anwar Holding was the most active in terms of volume while Omantel continued to be leader in ...

Marginal gain for QSE’s main index

(The Peninsula - 8/23/2017 5:44:00 AM)

Qatar Stock Exchange’s (QSE) main index almost remained stable registering a marginal gain of 0.16 points when the bourse closed trading at 9,065.34 points yesterday. The volume of shares traded increased to 6.73 million from 5.63 million on Monday and ...

Small stocks lose charm on UAE bourses

(Gulfnews - 8/23/2017 5:39:00 AM)

Stocks like Gulf Finance House (GFH), Shuaa Capital, Eshraq Properties, and Dana Gas, once darling of traders, have lost its sheen as trading value has tumbled along with the stock price. Since January 2016, these stocks were very active on the Dubai and ...

Al-Rajhi Bank, Maaden boost Saudi stocks

(Arab News - 8/23/2017 5:20:00 AM)

The Tadawul All Share Index (TASI) rose on Tuesday on the back of gains by Al-Rajhi Bank and mining firm Maaden, while Dubai also outperformed most Gulf bourses although trading was thin. The Tadawul index climbed 0.4 percent with Al-Rajhi up 2.2 percent ...

Saudi Arabia nudges yields down in $3.5bn sukuk sale

(Arab News - 8/23/2017 5:19:00 AM)

Saudi Arabia’s Finance Ministry pushed yields down slightly in its second monthly sale of domestic Islamic bonds on Tuesday, a sign of healthy appetite for the debt as Riyadh covers a budget deficit caused by low oil prices. Riyadh auctioned SR13 billion ...

Saudi Reits shine on a sluggish day for local bourses

(The National - 8/22/2017 6:14:00 AM)

Real estate investment trusts (Reits) were some of the top gainers on Saudi Arabia's stock exchange on Monday, a day before the listing of a new trust, but bourses in the region were generally sluggish, especially Qatar. All four listed Reits were among ...

Muscat bourse gains on partial recovery in telecom stocks

(Times of Oman - 8/22/2017 6:04:00 AM)

Partial recovery in telecom stocks lifted the MSM30 Index, which closed at 4,943.80 points, up 0.62 per cent. The MSM Sharia index increased 0.38 per cent to end at 732.10 points. Al Ahlia Insurance was the most active in terms of volume while Omantel ...

Emirati investors anticipate Saudi market bonanza

(Gulfnews - 8/22/2017 5:59:00 AM)

The Saudi equity market is set for a boost as it heads for possible inclusion in MSCI’s influential emerging market index in 2018. “In the meantime, active Emirati investors could reap early gains as corporate earnings should start increasing this year,” ...

Dubai index mixed as blue chips lag small stocks

(Gulfnews - 8/22/2017 5:58:00 AM)

Dubai index witnessed mixed trade due to lagging blue chips even as small stocks gained. The Dubai Financial Market General Index closed 0.56 per cent lower at 3,595.13. Emaar Properties fell more than 1 per cent, while Gulf Finance House and other ...

Saudi stocks rise as REITs shine

(Saudi Gazette - 8/22/2017 5:43:00 AM)

Real estate investment trusts were some of the top gainers on Saudi Arabia's stock exchange on Monday, a day before the listing of a new trust, but bourses in the region were generally sluggish, especially Qatar. The Saudi stock benchmark Tadawul All ...

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