Market News

Kuwait little changed; trade volume shrinks

(Arab Times - 12/3/2018 7:37:00 AM)

Kuwait stocks were little changed on Sunday following last week’s modest gains. The All Shares Index ticked 1.69 points higher in a slightly volatile session to 5,110.90 points even as the overall mood remained cautious in absence of fresh ...

UAE markets: Bears show who’s boss, and it’s not positive for stock prices

(Gulf News - 12/2/2018 8:20:00 AM)

Last week the Dubai Financial Market General Index (DFMGI) fell the hardest in 15 weeks. The index was down 86.25 or 3.13 per cent to end at 2,668.66. Most of the listings participated in the sell-off as there were only three positive issues against 31 ...

MSM30 down on institutional sales

(Oman Daily Observer - 12/2/2018 8:09:00 AM)

MSM witnessed some institutional pressure as well as the entry of speculators on several leading stocks, in addition to corporate disclosures. Generally, trading values remained within their usual average and no unusual movement was recorded, except in ...

Oman’s share index ends marginally higher

(Times of Oman - 11/29/2018 12:14:00 PM)

The MSM30 index ended higher to close at 4395.94 points, up by 0.21 per cent. MSM Sharia Index closed at 601.65 points, with no change. Bank Dhofar Rights Issue 2018 was the most active in terms of volume and in terms of turnover. The top gainer of the ...

Dubai bourse sees continued selling

(Gulf News - 11/29/2018 9:11:00 AM)

Continued selling was seen on the Dubai bourse on Wednesday due to weakness in property company counters. The Dubai Financial Market (DFM) general index closed 0.54 per cent lower at 2,685.13, extending the fall seen in the previous session.

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Oman’s share index ends marginally lower

(Times of Oman - 11/28/2018 7:32:00 AM)

The MSM30 index ended lower to close at 4386.87 points, down by 0.14 per cent. MSM Sharia Index closed at 601.65 points, up by 0.31 per cent. Bank Dhofar Rights Issue 2018 was the most active in terms of volume while Ooredoo was most active in terms of ...

Emaar Properties tumble to 33-month low as margins feared

(Gulf News - 11/28/2018 7:30:00 AM)

The selling intensity on the Dubai bourse is increasing by the day. Emaar Properties hit its lowest level in thirty three months after reports that its unit wants to sell its 5 hotels including the Address Hotel among others, triggered another bout of ...

Boursa Kuwait stresses commitment to national economy’s development

(Arab Times - 11/28/2018 6:34:00 AM)

Boursa Kuwait has participated in the first Economic Forum in Kuwait, highlighting the company’s sustained commitment to contribute to the growth and development of the national economy. Khaled Abdulrazzaq Al- Khaled, Chief Executive Officer, Boursa ...

Battered oil roils Saudi’s Tadawul index

(Gulf News - 11/26/2018 7:41:00 AM)

Saudi Arabia’s Tadawul index closed more than 1 per cent lower on Sunday due to an 8 per cent fall in oil prices.

The Tadawul index closed 1.25 per cent lower at 7,512.57. The energy index closed 1.96 per cent lower at 4,723.21. The market ...

UAE markets pull back to prepare for next move

(Gulf News - 11/25/2018 8:23:00 AM)

The Dubai Financial Market General Index (DFMGI) dropped by 23.85 or 0.86 per cent last week to close at 2,754.91. Market breadth was on the bearish side as there were 13 advancing issues and 18 declining. Volume fell to an 11-week low, but that’s to be ...