Market News

Dubai index sees sharpest 2018 losses amid Iran uncertainty

(Gulf News - 5/11/2018 8:16:00 AM)

The Dubai index fell the most regionally on Wednesday as sell-off continued due to uncertainty on geo-politics after the United States walked away from the nuclear deal with Iran amid absence of fresh buying.

The Dubai Financial Market General ...

Weakness continues on Muscat bourse

(Times of Oman - 5/10/2018 7:41:00 AM)

Weakness in equity markets persisted and the MSM30 Index closed at 4,676.49 points, down 0.32 per cent. The MSM Sharia Index declined 0.23 per cent to end at 662.25 points. Omantel was most active in terms of volume as well as turnover. Up 1.69 per cent, ...

Oman's CMA inks pact Thailand bourse regulator

(Times of Oman - 5/10/2018 7:39:00 AM)

The Capital Market Authority (CMA) has concluded a memorandum of understanding (MoU) with the Securities and Exchanges Commission of the Kingdom of Thailand for exchange of information and mutual cooperation in Budapest on the sidelines of the 43rd ...

Dubai index sees sharpest 2018 losses amid Iran uncertainty

(Gulf News - 5/10/2018 7:27:00 AM)

The Dubai index fell the most regionally on Wednesday as sell-off continued due to uncertainty on geo-politics after the United States walked away from the nuclear deal with Iran amid absence of fresh buying.

The Dubai Financial Market General ...

DFM first quarter net profit more than halves on lower trading values

(The National - 5/9/2018 8:02:00 AM)

Dubai Financial Market on Tuesday reported a 52 per cent drop in its first quarter net income, as lacklustre trading at the only listed bourse in the Arabian Gulf region, pushed trading value lower and crimped revenues.

Net income for the three ...

Oman share index ends lower

(Times of Oman - 5/9/2018 7:58:00 AM)

Following regional cues, the MSM30 Index ended the session negatively at 4,691.37 points, down 0.43 per cent. The MSM Sharia Index gained 0.12 per cent to close at 663.75 points. Bank Dhofar was most active in terms of volume while Omantel led in ...

Tadawul index leads regional losses before Iran decision

(Gulf News - 5/9/2018 7:53:00 AM)

Gulf equity indices fell on Tuesday led with Saudi Arabia’s Tadawul index due to uncertainty on the future of the nuclear deal with Iran, adding to the uncertain geopolitical climate.

Saudi Arabia’s Tadawul index was 1.4 per cent lower to ...

Saudi Arabia’s Ground Handling Logistics hires banks for IPO in 2019

(The National - 5/8/2018 7:50:00 AM)

Saudi Arabia’s Ground Handling Logistics, a Riyadh-based airport services provider, is seeking to raise more than 1 billion Saudi riyals (Dh979 million) by floating 30 per cent of its shares on the kingdom's Tadawul exchange by next year.

The ...

Oman share index ends lower

(Times of Oman - 5/8/2018 7:40:00 AM)

The MSM30 Index declined 0.14 per cent to close at 4,711.73 points. The MSM Sharia Index gained 0.32 per cent to end at 662.97 points. Al Sharqia Investment was the most active stock in terms of volume as well as turnover. The top gainer was National ...

Emaar weakness weighs on Dubai index

(Gulf News - 5/8/2018 7:33:00 AM)

Dubai index on Monday reversed part of the previous day’s gains on selling in Emaar Properties.

The Dubai Financial Market General Index closed 0.32 per cent lower to 2,962.84, after rising 0.8 per cent in the previous session. Emaar Properties ...