Market News

Saudi stocks tumble as oil prices decline

(Gulf News - 12/20/2018 6:30:00 AM)

Saudi Arabia’s Tadawul index tumbled more than one per cent on Wednesday following a more than 5 per cent fall in oil prices as traders ignored the record budget for 2019.

The Tadawul index was 1.05 per cent weaker at 7,860.03 after oil, from ...

Muscat bourse ends lower

(Times of Oman - 12/19/2018 7:38:00 AM)

The MSM30 index ended lower to close at 4379.49 points, down by 0.65 per cent. MSM Sharia Index closed at 603.58 points, down by 0.65 per cent. Vision Insurance was the most active in terms of volume and in terms of turnover. The top gainer of the day ...

Dubai index sees sharpest fall in six months

(Gulf News - 12/19/2018 7:33:00 AM)

The Dubai Financial Market (DFM) general index on Tuesday registered its sharpest fall since June, ending the session 2.05 per cent lower at 2,511.08 as traders resorted to active trades in Emirates NBD stock.

“Traders are using every recovery ...

Tadawul joins United Nations SSE Initiative

(Saudi Gazette - 12/19/2018 7:31:00 AM)

The Saudi Stock Exchange (Tadawul) announced Monday that it has joined the United Nations (UN) Sustainable Stock Exchanges (SSE) Initiative as a Partner Exchange. Joining nearly 80 Partner Exchanges globally, the partnership is aimed at promoting the ...

Kuwait index retreats in ‘lacklustre’ session

(Arab Times - 12/19/2018 6:41:00 AM)

Kuwait stocks pulled lower on Tuesday erasing the week’s earlier gains. The All Shares Index dropped 31.75 pts in lackluster trade to 5,130.83 points dragged by banks and most of the heavy weights even as the overall mood remained soggy. The Prime Market ...

Oman's share index ends marginally lower

(Times of Oman - 12/18/2018 7:03:00 AM)

The MSM30 index ended lower to close at 4408.20 points, down by 0.20 per cent. MSM Sharia Index closed at 607.52 points, with no change. HSBC Bank was the most active in terms of volume while Ominvest was the most active in terms of turnover. The top ...

Tadawul index nears keenly watched 8,000-level

(Gulf News - 12/18/2018 7:01:00 AM)

Saudi Arabia’s Tadawul All Share Index extended gains for another session, closing 0.76 per cent higher at 7,968.26 and closing in on the keenly watched 8,000 mark on Monday.

The index, which hit an intra-day high of 7,972.17, last crossed ...

KSE makes amendment to cover failures

(Arab Times - 12/18/2018 6:17:00 AM)

The Kuwait Stock Exchange has made an amendment to the rules of the mandatory buying session to cover failures of the trading accounts of some dealers in the market, reports Al-Rai daily.

The amendment included a reduction in the price increase ...

Oman's share index ends marginally lower

(Times of Oman - 12/17/2018 7:26:00 AM)

The MSM30 index ended lower to close at 4416.90 points, down by 0.70 per cent. MSM Sharia Index closed at 610.19 points, down by 0.10 per cent. Bank Dhofar was the most active in terms of volume while Bank Muscat was the most active in terms of turnover. ...

Bargain buying fizzles on Dubai bourse

(Gulf News - 12/17/2018 7:15:00 AM)

Bargain buying that was seen in the last few sessions halted on Sunday. UAE stocks like Damac Properties, Amlak witnessed further selling on mild recovery, indicating a bearish outlook despite stocks reaching bargain levels.

The Dubai Financial ...