Stock Evaluations

(Photo archive)
23 April 01:05 PM NCBC sets Fawaz Alhokair PT at SAR 37.7
Riyadh – Mubasher: NCB Capital said that Fawaz Abdulaziz Alhokair’s first-quarter results beat estimates. The company achieved profits of SAR 79.4 million, which came higher than the investment firm’s expectations of SAR 54.9 million and consensus …
Photo Credit: Arabianeye-Reuters
23 April 11:30 AM Napesco stock hits highest level since listing
Mubasher: The stock of National Petroleum Services (Napesco) on Sunday rose by 7.6% to reach KWD 1.420 - its highest level since the stock was listed. By 11:25 am Kuwait time, Napesco achieved liquidity of around KWD 969,300 after nearly 690,900 …
(Photo Credit: Arabianeye-Reuters)
23 April 08:49 AM Voluntary delistings cost Kuwait bourse KWD 6bn
Kuwait – Mubasher: Boursa Kuwait lost about KWD 6.34 billion from its market value as a result of the voluntary delisting of 48 companies from 2009 until now, according to a report issued by Bayan Investments. It is expected that ten companies …
Photo Credit: Arabianeye-Reuters
20 April 03:03 PM A.M. Best rates Al Ahleia Insurance "-A"
Mubasher: A.M. Best has placed a rating of "-A" on Al Ahleia Insurance’s long-term credit, with a "Stable" outlook, according to a bourse statement issued on Thursday. This rating is similar to S&P’s rating for Al Ahleia Insurance.
(Photo archive)
20 April 01:38 PM Bank Albilad’s 2017 earnings to rise 6% - Aljazira Capital
Riyadh – Mubasher: Aljazira Capital expects that Bank Albilad would achieve a net profit of SAR 855 million in 2017, with a 5.77% increase year-on-year. “Albilad’s strong topline performance and higher operating income resulted from solid loans …
The market saw trading of 278.25 million shares on Thursday (Photo Credit: Arabianeye-Reuters)
20 April 01:09 PM DFM falls on blue chips Thursday
By: Mahmoud Gamal Dubai – Mubasher: The Dubai Financial Market (DFM) saw a negative performance on Thursday, weighed down by profit-taking on blue chips.       The general index declined 1.02% or 35.88 points to reach 3,469.82 points at close. The …
Trader at Dubai's bourse (Photo Credit: Arabianeye-Reuters)
20 April 12:49 PM DXB Entertainment stock rises on expansion news
By: Mahmoud Gamal Dubai – Mubasher: DXB Entertainments’ stock rose on Thursday after the company announced new expansions and denied its listing on the Saudi Stock Exchange (Tadawul). The stock rose 0.9% to AED 0.951 by 1:32 pm UAE time, …
(Photo Credit: Arabianeye-Reuters)
20 April 12:11 PM NCB Capital sets Qassim Cement PT at SAR 60
Riyadh – Mubasher: NCB Capital set the price target (PT) of Qassim Cement at SAR 59.7, with a "neutral" recommendation. The research firm noted that the cement company’s results for the first quarter of the year came below its estimates of SAR …
A trader at Dubai's bourse (Photo Credit: Arabianeye-Reuters)
20 April 11:43 AM Emaar’s stock falls on dividends news Thursday
By: Mahmoud Gamal Dubai – Mubasher: Emaar Properties’ stock declined on Thursday, after the real estate developer denied plans for distributing exceptional cash dividends this year. The company’s stock fell 2.11% to AED 7.41, generating AED 22.89 …
(Photo Credit: Arabianeye-Reuters)
20 April 11:23 AM Al Rajhi Capital keeps Arabian Cement PT at SAR 36
Riyadh – Mubasher: Al Rajhi Capital expected that Arabian Cement would distribute cash dividends for 2017 at SAR 2.75, implying a dividend yield of 7.2% at the current price level. The company paid SAR 4 per share for 2016 compared to SAR 4.5 per …
Traders at Boursa Kuwait (Photo Credit: Arabianeye-Reuters)
20 April 07:57 AM GCC exchanges likely see important resistance - Analysts
By: Mahmoud Gamal Mubasher: The GCC stock markets will test important resistance levels on Thursday and next week, amid the economic changes the region is witnessing, Mohamed Radwan, a member of the International Federation of Technical Analysts …
Traders at Abu Dhabi's bourse (Photo Credit: Arabianeye-Reuters)
20 April 07:54 AM Q1 results to affect UAE stocks Thursday - Analysts
By: Mahmoud Gamal Mubasher: The UAE stock markets are expected to continue their sideways-to-bullish performance on Thursday, amid anticipation of more first-quarter financials, an analyst told Mubasher. Investors are currently focusing on …
(Photo Credit: Arabianeye-Reuters)
19 April 01:16 PM DFM ends Wednesday up on Arabtec, Emaar gains
By: Mahmoud Gamal Dubai – Mubasher: The Dubai Financial Market (DFM) closed Wednesday in the green backed by its leading stocks, particularly Emaar Properties and Arabtec Holding. The DFMGI gained 0.28% or 9.88 points and closed at 3,505.70 …
(Photo Credit: Arabianeye-Reuters)
19 April 11:20 AM Arabtec surges 9% on OGM decisions, profitability
By: Mahmoud Gamal Dubai – Mubasher: Arabtec Holding’s stock surged on Wednesday following the approval of its ordinary general meeting (OGM) a day earlier to continue with the company’s operations and the endorsement of the firm’s capital …
(Photo Credit: Arabianeye-Reuters)
18 April 01:17 PM DFM ends Tuesday in green as blue chips rise
By: Mahmoud Gamal Dubai – Mubasher: The Dubai Financial Market (DFM) extended its gains at the closing of Tuesday’s session, marking its second straight rise, on the back of increased buying of blue chip stocks. The general index increased 0.92% …
(Photo Credit: Arabianeye-Reuters)
18 April 11:27 AM Special dividend promises, new project boost Emaar’s stock on Tuesday
By: Mahmoud Gamal Dubai – Mubasher: Emaar Properties’ stock surged on the Dubai Financial Market (DFM) on Tuesday, on the back of "promises" of special dividends in 2017 and the launch of a new project, according to an analyst. By 12:15 pm UAE …
(Photo Credit: Arabianeye-Reuters)
18 April 08:06 AM Long-term investors return to GCC markets; KSA at forefront - Analysts
By: Mahmoud Gamal Mubasher: Long-term investors have resumed purchasing leading stocks in Gulf stock markets as stock prices reached attractive levels, analysts told Mubasher, expecting further jittery-to-rising performance. The Saudi Stock …
(Photo Credit: Arabianeye-Reuters)
18 April 08:04 AM Attractive stock prices to boost UAE bourses - Analysts
By: Mahmoud Gamal Dubai – Mubasher: UAE stock markets are expected to continue their positive performance on Tuesday as foreign and institutional investors pump new liquidity after stocks reached attractive price levels, analysts told Mubasher. …
(Photo credit: Arabianeye-Reuters)
17 April 01:14 PM DFM ends Monday up on blue-chip gains
By: Mahmoud Gamal Dubai – Mubasher: The Dubai Financial Market (DFM) closed Monday's trading session in the green, backed by blue-chip buying, according to an analyst. The DFMGI grew 0.31% or 10.62 points to 3,463.84 points. Turnover reached AED …
Photo Credit: Arabianeye-Reuters
17 April 07:55 AM Speculators control UAE markets amid lower liquidity – Analysts
By: Mahmoud Gamal Mubasher: The UAE stock markets are still controlled by speculators in line with the absence of catalysts in the current time; this impacts the turnover in a negative way like posting the lowest liquidity level in a month, …
Photo Credit: Arabianeye-Reuters
17 April 07:44 AM Geopolitics lead to selling blue chips at GCC markets – Analysts
By: Mahmoud Gamal Mubasher: Foreign investors are increasingly selling leading stocks in Gulf stock markets in line with the anticipation for the first quarter’s financial statements and the current geopolitical tension, analysts told Mubasher. …
(Photo Credit: Arabianeye-Reuters)
16 April 01:38 PM ADX declines on blue chips Sunday
By: Mahmoud Gamal Abu Dhabi - Mubasher: The Abu Dhabi Securities Exchange (ADX) declined on Sunday on blue chips, led by the energy and real estate sectors. The general index dropped 0.64%, or 28.94 points, closing at 4489.20 points. The main …
The Dubai Financial Market (Photo credit: Arabianeye - Reuters)
16 April 01:19 PM DFM down to lowest level since end-March
By: Mahmoud Gamal Dubai – Mubasher: The benchmark index of the Dubai Financial Market (DFM) declined at Sunday’s close by 1.6% or 56.12 points to the level of 3,453.22 points, its lowest level since end-March. Trading volume increased to 272.14 …
Photo Credit: Arabianeye-Reuters
16 April 12:02 PM NBK stock rises on higher Q1 profits
Mubasher: The stock of the National Bank of Kuwait (NBK) on Sunday went up by 1.47% to reach 690 fils by 11:55 am Kuwait time. This growth followed the announcement of achieving a profit of KWD 85.36 million in the first quarter of 2017. NBK saw …
Photo Credit: Arabianeye-Reuters
16 April 11:36 AM Marakez stock hits highest level in 38M
Mubasher: The stock of Real Estate Trade Centers (Marakez) rose 10% to reach 55 fils; the highest level in 38 months. By 11:30 am Kuwait time, the stock saw 100 transactions that included 2.3 million traded shares, with a turnover of nearly KWD …