Market News

Oman's share index gains marginally

(Times of Oman - 4/25/2018 5:49:00 AM)

The MSM30 Index ended with marginal gains of 0.13 per cent to close at 4,762.01 points. The MSM Sharia Index ended at 655.80 points, down 0.36 per cent. Ahli Bank was the most active in terms volume as well as turnover. National Gas was the top gainer, ...

Saudis said to delay exchange IPO on MSCI valuation hopes

(Gulf News - 4/25/2018 5:41:00 AM)

Saudi Arabia is delaying the initial public offering of its stock exchange on hopes that a potential MSCI Inc upgrade could boost its value, according to people with knowledge of the matter.

The Tadawul, as the Middle East’s biggest stock ...

DFM index weighed down by Emaar, DIB

(Gulf News - 4/25/2018 5:38:00 AM)

Dubai’s main equity index was weighed down on Tuesday by slight dips in the share prices of blue chips Emaar and Dubai Islamic Bank, leading the index to close 0.9 per cent lower.

The Dubai Financial Market (DFM) general index ended at ...

Boursa Kuwait’s London roadshow kicks off today

(Arab Times - 4/25/2018 5:13:00 AM)

In line with its ongoing efforts to further develop the Kuwaiti market to meet international standards, Boursa Kuwait’s first roadshow in the UK in collaboration with multinational financial services firm Goldman Sachs will kick off in London. Taking ...

Muscat bourse trading activity remained muted

(Times of Oman - 4/24/2018 8:18:00 AM)

Trading activity remained muted and the MSM30 Index ended at 4,756.03 points, down 0.11 per cent. The MSM Sharia Index declined 0.68 per cent to close at 658.15 points. Bank Nizwa was the most active in terms of while Oman Education & Training led in ...

Damac Properties dividend news weigh on Dubai bourse

(Gulf News - 4/24/2018 8:08:00 AM)

Lower than expected dividends from Damac Properties, which nearly 3 per cent weightage on the index, pressured Dubai market on Monday. Damac Properties closed 7.05 per cent lower to Dh2.77, and was the fourth most actively traded stock. Traded value ...

Short-term weakness seen in DXB Entertainments shares

(Gulf News - 4/24/2018 8:07:00 AM)

DXB Entertainments may witness weakness in the short-term, and should be seen as a long-term play, according to analysts.

DXB Entertainments reported a net loss of Dh1.11 billion in 2017 compared with a Dh485 million loss a year earlier, but ...

CMA cautions against unlicensed companies

(Oman Daily Observer - 4/24/2018 7:59:00 AM)

The Capital Market Authority has cautioned local investors against dealing with unlicensed firms claiming to specialise in foreign-exchange, securities and other investments.

“CMA has been alerted by the International Organisations of ...

Kuwait bourse edges lower; volume jumps

(Arab Times - 4/24/2018 7:43:00 AM)

Kuwait stocks edged lower on Monday as it extended its losing streak to fifth consecutive session. The All Shares Index fell 3.84 pts in volatile trade to 4,785.09 points even as the trading floor mood remained broadly mixed. The Premier Market took in ...

Oman’s share index ends marginally higher

(Times of Oman - 4/23/2018 6:02:00 AM)

Technical glitches resulted in a shortened trading session in which the MSM30 Index ended flat at 0.03 per cent. The MSM Sharia Index declined 0.07 per cent to close at 662.65 points. Bank Muscat was the most active in terms of volume as well as ...