News Analysis

(Photo Credit: Arabianeye-Reuters)
27 February 08:09 PM S&P expects GCC commercial borrowing to fall to $75bn
  Mubasher: Standard & Poor’s said in a new report that it expects long-term gross sovereign commercial borrowing for the six member states in the GCC to decline to $75 billion in 2017, from $105 billion in 2016. Sovereign commercial debt with an …
Traded Values recorded highest level in February - (Photo Credit: Arabianeye-Reuters)
27 February 03:46 PM Tadawul sees biggest drop since mid-January
By: Thabet Shehata Riyadh - Mubasher: The Saudi Stock Exchange (Tadawul) ended Monday’s trading session with it biggest decline in a month and a half on the back of negative performances dominating the market sectors. Tadawul All Share Index …
The company will increase its capital to SAR 1.25 billion
27 February 03:28 PM CMA approves Cooperative Insurance capital hike
Riyadh - Mubasher: The Saudi Capital Market Authority (CMA) has approved on Monday the Company for Cooperative Insurance request to increase its capital from SAR 1 billion to SAR 1.25 billion, according to a statement. The capital increase will be …
(Photo credit: Press Release)
27 February 01:06 PM Nomu to raise SMEs contribution to 35% of GDP – Al Rajhi Capital
Riyadh – Mubasher: Al Rajhi Capital said that launching Nomu supports the Vision 2030 objectives which raise the contribution of small- and medium-sized enterprises (SME) from 20% to 35% of the GDP. On 26 February, the Saudi Stock Exchange …
Traders at DFM (Photo Credit: Arabianeye-Reuters)
27 February 06:09 AM Gulf exchanges need new liquidity – Analysts
By: Mahmoud Gamal Mubasher: Most Gulf markets need the entry of new liquidity to be able to break important resistance levels on Monday, amid the control of speculations and the decline of oil prices, capital market analyst Ahmed Akl told …
Capital Market Authority vice chairman Mohammed El-Kuwaiz at the launching ceremony of Nomu
26 February 04:36 PM CMA targets 35 Nomu-listed companies in 2017
By: Mohamed Idris Riyadh - Mubasher: The vice chairman of the Saudi Capital Market Authority (CMA) said that the Nomu-Parallel Market will attract between 30 to 35 companies before the end of the year. Mohammed bin Abdullah El-Kuwaiz also told …
The benchmark index closed at 7,049.5 points - (Photo Credit: Arabianeye-Reuters)
26 February 03:43 PM TASI closes at marginal gain
Riyadh - Mubasher: The Saudi Stock Exchange (Tadawul) ended Sunday’s trading in green, with a mixed performance by the market sectors, while the Nomu-Parallel Market saw maximum gains for all of its stocks in its first session. The Tadawul All …
Photo Credit: Arabianeye-Reuters
26 February 12:40 PM Nomu-Parallel Market rises on launching session
Riyadh - Mubasher: In its first trading session, the Nomu-Parallel Market saw a group rise on Sunday, with some stocks reaching the maximum allowed limit that has been set at 20%. Arab Sea Information System, and Devlopment Works surged 20%, while …
Capital Market Authority vice chairman Mohammed El-Kuwaiz - (Photo Archive)
26 February 12:03 PM Saudi market among world’s top 10 by 2030 - CMA
By: Mohamed Idris Riyadh - Mubasher: The vice chairman of the Saudi Capital Market Authority (CMA) said that Saudi Arabia aims to be the biggest market in the Middle East by 2020, and one of the world’s top 10 by 2030. Mohammed bin Abdullah …
(Photo credit: Arabianeye - Reuters)
26 February 08:22 AM Nomu launches Sunday with 7 listed firms
Riyadh – Mubasher: Nomu - Parallel Market will launch on 26 February by listing and trading on seven companies. The Saudi Stock Exchange (Tadawul) said that each of the seven listed firms has to have a fluctuation limit of 20%, according to a …
Traders at the Abu Dhabi Securities Exchange (ADX) (Photo Credit: Arabianeye-Reuters)
26 February 05:52 AM Investors likely to buy GCC stocks ahead of dividends
By: Mahmoud Gamal Mubasher: Most Gulf stock markets are expected to rise as portfolio investors will increase their positions, in line with the volatility of global stock and oil markets, analysts told Mubasher. Portfolio investors are likely to …
Photo Credit: Arabianeye-Reuters
25 February 03:14 PM Gulf companies showing interest in Nomu-Parallel Market
By: Mohamed Idris Riyadh - Mubasher: The CEO of the Saudi Stock Exchange (Tadawul) said that a number of companies from the Gulf region have requested to be listed on the Nomu-Parallel Market. Khalid Al-Hassan also told Mubasher, during a press …
TASI retreated 1.19% or 85.1 points (Photo credit: Arabianeye-Reuters)
24 February 04:17 PM TASI drops 85 pts, sheds SAR 21bn in week
Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) concluded the week ended 23 February on a negative note, following pressure from the banks, telecoms, and basic materials sectors. The Tadawul All Shares Index (TASI) retreated 1.19% or 85.1 …
(Photo Credit: Arabianeye-Reuters)
23 February 04:22 PM Tadawul resumes losses Thursday, falls on leading sectors
Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) closed Thursday, the last trading session of the week, on a negative note, resuming losses on pressure from its leading sectors and amid a slight decline in liquidity levels compared to …
(Photo credit: Arabianeye - Reuters)
23 February 06:20 AM GCC markets' investors repurchase blue chips – Analysts
By: Mahmoud Gamal Mubasher: GCC short- and medium-term investors returned to purchasing leading stocks after the rise of Saudi and Emirati shares. Analysts expected that most of the GCC markets would extend their fluctuating performance that tends …
Saudi cement sector to recover by 2018 - (Photo Credit: Arabianeye-Reuters)
22 February 06:48 PM Saudi cement sector challenged by rise in production
By: Mohamed Idris Riyadh - Mubasher: The Saudi cement sector is facing additional risks from new production capacities, financial analyst at Aljazira Capital Jasim Al-Jubran told Mubasher. Al-Jubran indicated that as Umm Al Qura Cement and United …
(Photo Credit: Arabianeye-Reuters)
22 February 03:39 PM Tadawul sees marginal gains Wednesday
By: Thabet Shehata Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) closed Wednesday at a slight rise, resuming gains after two straight declines. The market’s leading sectors saw mixed performances amid a continued drop in liquidity. The …
(Photo credit: Arabianeye - Reuters)
22 February 05:47 AM GCC markets see important resistance levels – Analysts
By: Mahmoud Gamal Mubasher: The GCC markets will experience important resistance levels on Wednesday, amid the rising trend of oil and the return of expectations around the US interest hike, analysts said. The Saudi Stock Exchange (Tadawul) is …
The licence allows Zain to offer all telecommunication services - (Photo Archive)
21 February 08:31 PM Zain obtains unified telecom licence
Riyadh - Mubasher: The Saudi Communications and Information Technology Commission (CITC) has issued a unified licence to provide all telecommunication services for Mobile Telecommunications Company (Zain) on Monday. The licence will enable the …
The workshop came five days before launching the Parallel Market - (Photo Credit: Arabianeye-Reuters)
21 February 05:18 PM Tadawul supporting awaited Nomu-listed companies
Riyadh - Mubasher: The Saudi Stock Exchange “Tadawul” hosted an awareness workshop on “Investor Relations Essentials”, targeting representatives of the companies to be listed on Nomu-Parallel Market on the 26 February, according to a statement. …
Photo Credit: Arabianeye-Reuters
21 February 03:49 PM Tadawul posts losses for 2nd consecutive session
By: Thabet Shehata Mubasher: The benchmark index of the Saudi Stock Exchange (Tadawul) posted losses on Tuesday for the second successive session in line with a decline in liquidity. The index edged down by 0.2% or 14 points to close at 7,057.79 …
(Photo credit: Arabianeye - Reuters)
21 February 06:34 AM Profit gains to control GCC trades on Tuesday – Analysts
By: Mahmoud Gamal Mubasher: Analysts said that GCC markets are still trading at levels pushing them towards profit gains on Tuesday. The markets are trading at levels keeping them down, amid low liquidity, technical analyst Mahmoud Abu Zayed told …
The main index lost 0.96% and closed 7,072 points - (Photo Credit: Arabianeye-Reuters)
20 February 03:40 PM TASI down at close after three rises
By: Thabet Shehata Riyadh - Mubasher: The Saudi Stock Exhange (Tadawul) ended Monday’s trading session in red, due to the negative performance of the majority of the market sectors. Tadawul All Share Index (TASI) went down 0.96%, losing 68.28 …
(Photo credit: Arabianeye - Reuters)
20 February 06:09 AM KSA, Qatar stocks attract institutional, foreign liquidity – Analysts
By: Mahmoud Gamal Mubasher: Institutional and foreign liquidity were directed to medium and mega stocks listed on the Saudi and Qatar stock exchanges, which pushed them to the peak on Sunday. Analysts expected that most of the GCC markets would …
A positive upward trend is expected for Tadawul (Photo Credit: Arabianeye-Reuters)
19 February 04:05 PM Tadawul main index hits 3rd rise in row
By: Thabet Shehata Mubasher: The benchmark index of the Saudi Stock Exchange (Tadawul) levelled up by 0.12% or 8.9% to end Sunday’s trading session at 7,140.18 points; the third growth in a row and the highest level since 29 January. A positive …