Market News

Oman shares fall taking cues from regional bourses

(Times of Oman - 3/23/2017 7:51:00 AM)

Following regional cues, the MSM30 Index dropped 0.22 per cent to finish at 5,617.68 points. The MSM Sharia Index closed at 843.70 points, down 0.32 per cent. Bank Sohar was the most active in terms of volume while Omantel was the most active in terms of ...

QSE holds educational day at Qatar University college to raise student

(Gulf Times - 3/23/2017 7:47:00 AM)

The Qatar Stock Exchange (QSE), in cooperation with Qatar University, yesterday held an educational day at the College of Business and Economics. The event, which included a simulation trading model, was committed to raising students’ awareness on the ...

Global equities retreat in sell-off

(The National - 3/23/2017 7:15:00 AM)

Shares in the Arabian Gulf retreated in line with a global equities sell-off, on investor doubts over the prospects of president Donald Trump’s pro-business policies. Stocks across Asia and Europe fell after the S&P fell 1.2 per cent on Tuesday, the ...

Traders may resort to bargain buying in case of correction

(Gulfnews - 3/23/2017 7:08:00 AM)

In case of a correction, local stock market traders could resort to bargain buying. The Dubai Financial Market General Index has been on a losing streak, and has shed nearly 5 per cent in the past one month. “We are still positive on the overall ...

Gulf stocks join global rout as Trump Trades fade

(Gulfnews - 3/23/2017 7:04:00 AM)

Regional stocks joined the sell-off in global markets on Wednesday. The rout that was triggered by fading Trump Trades, which were spurred by hopes of tax cuts and pro-business government policies. Saudi Arabia’s Tadawul index closed 1.16 per cent lower ...

Oman share index ends lower on selling pressure

(Times of Oman - 3/22/2017 7:28:00 AM)

Dividend conversion in large caps and ex-conversion trading in Bank Muscat dragged down the MSM30 Index by 0.72 per cent, before closing at 5,629.93 points. The MSM Sharia Index ended at 846.37 points, down 0.45 per cent. Due to a special deal, Sembcorp ...

Emirates NBD unit says reit listing is oversubscribed

(The National - 3/22/2017 7:18:00 AM)

Shares in the UAE’s second real estate investment trust will be listed on Nasdaq Dubai this week at an offer price of US$1.11. Emirates NBD Asset Management, the company behind the planned listing, said that the offer had been oversubscribed, receiving a ...

Dubai index trades sideways as volumes remain depressed

(Gulfnews - 3/22/2017 5:49:00 AM)

Trading volumes remained depressed in Dubai stocks on Tuesday as traders sought fresh leads. Traded value came in at Dh298 million on Tuesday, continuing its low levels, compared to last week’s average of Dh687 million. The Dubai Financial Market General ...

CMA to take part in Arab Securities Commissions’ forum

(Oman Daily Observer - 3/22/2017 5:46:00 AM)

The Capital Market Authority (CMA) will take part in the 11th meeting of the Arab Securities Commissions Association to be held in Tunisia. CMA will be represented by Shaikh Abdullah Salim al Salmi, Executive President and Abdullah al Rabiei, Director of ...

Private equity firms booming, yet no time to be complacent

(Saudi Gazette - 3/22/2017 5:37:00 AM)

Private Equity (PE) firms are benefiting from nearly ideal market conditions right now, yet the tide is changing, and they should take this opportunity to think about their competitive edge and differentiation, a new article by The Boston Consulting ...

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