Market News

DFM index sees respite after 3.7% decline last week

(Gulf News - 7/2/2018 8:26:00 AM)

The Dubai Financial Market (DFM) index rebounded on Sunday, ending 1.54 per cent higher as investors bought stocks across the board on the first trading day of the second half of 2018.

The index ended at 2,864.42 after falling around 3.7 per ...

Surge in oil prices boosts Gulf markets

(The Gulf Today - 7/2/2018 7:39:00 AM)

Gulf stock markets closed in positive territory on Sunday, boosted by a surge in oil prices, an increase in retail investors and encouraging news on Bahrain’s financial prospects.

Oil prices surged last week on concerns that US sanctions ...

MSCI inclusion 'can trigger $45bn inflows to Saudi'

(Trade Arabia - 7/2/2018 7:34:00 AM)

MSCI's decision to include Saudi Arabia as the 25th country to be represented in the MSCI Emerging Markets (EM) index is expected to attract significant capital inflows for the Middle Eastern country, UBS Global Wealth Management's Chief Investment ...

UAE markets remain split with Dubai a cause for concern

(Gulf News - 7/1/2018 7:46:00 AM)

The Dubai Financial Market General Index (DFMGI) fell hard again last week, dropping by 107.17 or 3.66 per cent to close at 2,821.00. Volume spiked to a 24-week high as the index reached a new trend low and closed weak, in the lower quarter of the week’s ...

DGCX posts record H1 results, volumes up 44pc

(Trade Arabia - 7/1/2018 7:26:00 AM)

Dubai Gold and Commodities Exchange (DGCX) has recorded its best ever first half in its 13-year history, trading over 11,300,000 contracts so far in 2018, up 44 per cent year-on-year (Y-O-Y).

Traded value for the first six months of 2018 ...

Oman's share index ends marginally higher

(Times of Oman - 6/28/2018 6:49:00 AM)

The MSM30 index ended higher on Wednesday and closed at 4576.73 points, up by 0.14 per cent. MSM Sharia Index closed at 660.43 points, up by 0.38 per cent. Galfar Engineering was the most active in terms of volume while Bank Muscat was the most active in ...

BHB receives positive feedback on ‘Listing Rules’ consultation paper

(Biz Bahrain - 6/28/2018 6:23:00 AM)

As part of the Bahrain Bourse’s continuous efforts to develop the capital market in the Kingdom, and based on CBB Resolution No. (11) of 2018, Bahrain Bourse (BHB) announces the completion of its public consultation on the ‘Listing Rules’ which was ...

Kuwait’s stocks extend gains to 3rd day in row

(Arab Times - 6/28/2018 5:50:00 AM)

Kuwait stocks pulled higher on Tuesday, extending winning streak to a third consecutive day. The All Share index jumped 38.52 points to 4,905.59 points. The Premier Market index surged 55.33 points to 4,921.54 points while the Main Market climbed 8.13 ...

Oman share index ends lower

(Times of Oman - 6/27/2018 7:58:00 AM)

The MSM30 index ended lower on Tuesday and closed at 4570.18 points, down by 0.29 per cent. MSM Sharia Index closed at 657.96 points, down by 0.15 per cent. Bank Nizwa was the most active in terms of volume while Bank Muscat was the most active in terms ...

DFM index falls 1.1% as stocks remain in red

(Gulf News - 6/27/2018 7:57:00 AM)

Dubai stocks continued to plunge on Tuesday, with the bourse’s index falling 1.11 per cent as concerns on the embattled private equity group Abraaj mounted.

The Dubai Financial Market (DFM) index ended at 2,836.01, with the bourse a sea of red. ...