Market News

Oman share index ends lower marginally

(Times of Oman - 6/21/2017 2:55:00 AM)

The MSM30 Index continued its negative run to close at 5,195.12 points with a loss of 0.49 per cent. The MSM Sharia Index ended at 770.12 point, down 0.19 per cent. Bank Muscat was the most active in terms of volume as well as turnover. Oman Fisheries ...

Tabreed shares extend gains in weak Dubai market

(Gulfnews - 6/21/2017 2:45:00 AM)

Tabreed shares extended gains on Tuesday on expectations of a positive outlook, even as Emaar Properties witnessed mild profit-taking on the Dubai bourse. Tabreed shares closed 3.77 per cent higher at Dh2.20, after hitting an upper circuit in the ...

Saudi stocks lose luster

(Saudi Gazette - 6/21/2017 2:01:00 AM)

Gulf stock markets were weighed down by weak oil prices on Tuesday as Saudi Arabia pulled back despite hopes for positive news from index compiler MSCI, while Qatar closed at its lowest level since it was hit by a diplomatic crisis early this month. The ...

MSCI to add mainland China shares to key benchmark

(Arab News - 6/21/2017 1:48:00 AM)

US index provider MSCI said on Tuesday it will add mainland Chinese stocks to one of its key benchmarks, in a landmark decision for the global investment landscape and the Chinese government. MSCI decided not to add Argentina to the benchmark index and ...

Tadawul drops 1.3% in thin trade

(Arab News - 6/21/2017 1:43:00 AM)

Gulf stock markets were weighed down by weak oil prices on Tuesday as Saudi Arabia pulled back despite hopes for positive news from index compiler MSCI. MSCI was due after the close on Tuesday to announce whether it will launch a review of Saudi Arabia ...

QSE index drops 118.75 points

(The Peninsula - 6/20/2017 8:28:00 AM)

Qatar Stock Exchange (QSE) main index dropped 118.75 points, or 1.29 percent, when the bourse closed trading at 9,069.34 points, yesterday. The volume of shares traded decreased to 8.85 million from 9.79 million on Sunday and the value of shares ...

ADGM makes changes to fund regulations

(The National - 6/20/2017 1:44:00 AM)

Abu Dhabi Global Market (ADGM) said it had implemented a number of changes to its legislative framework that include enhancements to fund rules and regulations in a bid to make it easier to do business at the emirate’s tax-free financial hub. The changes ...

Tadawul index leads regional gains ahead of MSCI review

(Gulfnews - 6/20/2017 1:35:00 AM)

Saudi Arabia’s Tadawul index, bucking a weak regional trend, gained more than 2.5 per cent on Monday ahead of the MSCI’s review on inclusion of the gauge in the emerging market index. The Tadawul index was 2.64 per cent higher at 7,062.91, the highest ...

Oman share index ends marginally lower

(Times of Oman - 6/20/2017 1:34:00 AM)

The MSM30 Index decreased 0.54 per cent to close at 5,220.94 points. The MSM Sharia Index ended at 771.57 points, down 0.39 per cent. Al Madina Investment remained the most active in terms of volume while Bank Muscat led in terms of turnover. Up 3.85 per ...

Kuwait’s bourse swings higher in volatile trade – NBK rallies 25 fils;

(Arab Times - 6/20/2017 1:09:00 AM)

Kuwait stocks swung higher on Sunday as it kicked off the week on a firm note. The main index climbed 42.41 points in volatile trade to 6,853.09 pts helped by strong buying in banking shares and other heavyweights. The KSX 15 benchmark slipped 18.7 pts ...