Market News

Oman's share index ends marginally higher

(Times of Oman - 11/5/2018 7:33:00 AM)

The MSM30 index ended higher to close at 4424.86 points, up by 0.06 per cent. MSM Sharia Index closed at 601.50 points, up by 0.03 per cent. Bank Sohar was the most active in terms of volume while Bank Muscat was the most active in terms of turnover. The ...

UAE markets activity comes to a grinding halt

(Gulf News - 11/5/2018 12:38:00 AM)

Activity in the UAE markets came to a griding halt on Sunday after two aggressive sessions after traders were hesitant from initiating new orders as the index neared a key resistance level.

The Dubai Financial Market general index closed 0.37 ...

Foreign selling of Saudi stocks slows in week to Nov. 1

(Reuters - 11/5/2018 12:37:00 AM)

Foreigners sold a net 89.2 million riyals ($23.8 million) in the Saudi stock market in the week ended Nov. 1, a sharp drop from the previous two weeks when investor worries over the impact of journalist Jamal Khashoggi’s killing prompted heavy selling. ...

Investor sentiment showing signs of improvement

(Gulf News - 11/4/2018 9:14:00 AM)

The Dubai Financial Market General Index (DFMGI) was up by 68.82 or 2.51 per cent last week to close at 2,805.22. That’s the strongest performance in 11 weeks. There were 22 advancing issues and 14 declining, while volume dipped to a nine-week ...

Emaar Properties give fillip to Dubai index

(Gulf News - 11/1/2018 8:35:00 AM)

Emaar Properties witnessed aggressive buying on Wednesday, boosting Dubai index. Emaar Properties closed 4.08 per cent higher, to be at Dh5.10, and its traded value stood at Dh88 million, making it the top-most traded stock, contributing 30 per cent of ...

Nasdaq Dubai platform passes $100b transactions

(The Gulf Today - 11/1/2018 7:34:00 AM)

Transactions on the Nasdaq Dubai Murabaha Platform for Islamic financing have exceeded a total of $100 billion, reflecting its popularity with corporate and individual users.

Established jointly by Nasdaq Dubai and Emirates Islamic, the ...

Kuwaiti market winds up month with uptick

(Arab Times - 11/1/2018 7:10:00 AM)

Kuwait stocks edged higher on Wednesday to wind up the month on a positive note. The All Shares Index closed 4.25 pts higher in lackluster trade to 5,042.22 points even as the overall sentiment remained soggy.

The Prime Market climbed 9.49 ...

Tadawul participates in ‘Biban Makkah’ forum

(Saudi Gazette - 10/31/2018 7:41:00 AM)

The Saudi Stock Exchange (Tadawul) is participating in the ‘Biban Makkah’ forum through the “Business Accelerator” gate aiming to support Small and Medium Enterprises (SMEs) and raise awareness on the importance of strengthening their corporate ...

MSM share index ends lower

(Times of Oman - 10/31/2018 7:18:00 AM)

The MSM30 index ended lower to close at 4420.67 points, down by 0.18 per cent. MSM Shariah Index closed at 602.12 points, up by 0.02 per cent. Bank Nizwa was the most active in terms of volume while Bank Muscat was most active in terms of turnover. The ...

ADCB hits September high, bucking weak trend

(Gulf News - 10/31/2018 7:09:00 AM)

Abu Dhabi Commercial Bank (ADCB) witnessed renewed buying on Tuesday, attempting to reclaim its early September high, when the bank announced a possible merger with other smaller banks.

ADCB touched a high of Dh7.99, nearing its September 4 ...