Trading Activities

Three key factors will lead to the increase of oil output

21 June 07:24 PM ADX sinks 180 pts; market cap records AED 460bn in week

By: Bedour Al Raee Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange’s (ADX) general index lost 179.47 points, or 3.81%, to 4,535.26 points in a week. Over the week, market capitalisation declined to AED 460.5 billion from AED 477.3 billion …

Trading Activities

The real estate sector went down 5.42%

21 June 06:47 PM Profit-taking weighs on DFMGI in week

By: Enas Bahgat Dubai – Mubasher: The Dubai Financial Market’s (DFM) general index lost 126.17 points, or 4.13%, to 2,928.17 points in a week on the back of profit-taking. The DFM’s trading volume reached 288.41 million shares, while the market’s …

Trading Activities

The telecommunication services sector added 1.9%

21 June 04:47 PM Saudi indices end Thursday mixed

Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) closed Thursday's trading session on mixed performance after its benchmark Tadawul All Share Index (TASI) jumped 40.10 points, or 0.49%, to 8,206.40 points, while the NOMU parallel market index …

Trading Activities

Market cap gained EGP 9 billion and closed the session at EGP 917.7 billion

21 June 04:45 PM EGX ends Thursday in green on foreign buying

Cairo – Mubasher: The Egyptian Exchange (EGX) closed Thursday’s trading session in green territory. The benchmark EGX30 index jumped 202.29 points, or 1.25%, finishing the session at 16,345.77 points on the back of blue-chip stocks topped by the …

Trading Activities

The consumer staples sector went down 1.9%

21 June 03:10 PM ADX sinks 15 pts on telecom Thursday

Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange’s (ADX) general index lost 15.03 points, or 0.33%, to close at 4,535.26 points on Thursday on the back of the telecommunication sector. The ADX’s trading volume reached 92.5 million shares, …

Trading Activities

Stock prices have reached attractive levels

21 June 02:53 PM Emaar Properties boosts DFM Thursday

By: Bedour Al Raee Dubai – Mubasher: The Dubai Financial Market’s general index grew 5.6 points, or 0.19%, to close at 2,928.17 points on Thursday, pushed up by Emaar Properties. The selling transactions of some blue chips in both Dubai and Abu …

Trading Activities

The possible weight for Boursa Kuwait will be 0.3%

21 June 02:35 PM Boursa Kuwait to remain under MSCI EM focus until reclassification

Mubasher: Morgan Stanley said that Boursa Kuwait will remain under the focus of the MSCI for emerging markets for assessment until it is reclassified in 2019, according to a recent statement. Applying this assessment gives a chance for Boursa …

Trading Activities

The general index rose 40.67 points, or 0.46%, to finish at 8,922.52 points.

21 June 02:09 PM QSE gains 40 pts at Thursday’s close

Mubasher: The Qatar stock exchange (QSE) ended Thursday’s trading session in green territory, encouraged by the growth of five sectors, amid thin trades. The general index rose 40.67 points, or 0.46%, to finish at 8,922.52 points. By the end of …

Trading Activities

Boursa Kuwait’s turnover increased by 46.6% to KWD 21.27 million

21 June 01:23 PM Boursa Kuwait’s indices close Thursday mixed

Mubasher: The indices of Boursa Kuwait closed Thursday with a mixed performance for the second session in a row, as the All-Share and Premier markets retreated by 0.12% and 0.24%, respectively, while the Main Market added 0.09%. The basic …

Trading Activities

Investors tend to collect profits hastily

21 June 01:19 PM Why UAE markets shrug off incentives?!

By: Bedour Al Raee and Enas Bahgat Abu Dhabi – Mubasher: The UAE stock markets have been seeing a negative trend despite the strong incentives in the country including an AED 50 billion ($13.6 billion) investment package announced by the Emirate …

EGX opens Thursday above 16,300 pts

21 June 11:33 AM EGX opens Thursday above 16,300 pts

Cairo – Mubasher: The Egyptian Exchange (EGX) started Thursday’s trading session on a mixed note. By 10:10 am Ciro time, the benchmark EGX30 index rose 184 points, or 1.1%, to 16,327 points. The EGX70 index dipped 0.02% to 801.4 points, while the …

Trading Activities

The main impact will be limited to Air Arabia’s book value

21 June 11:18 AM Air Arabia’s stock plunges on Abraaj-related statement

By: Bedour Al Raee Dubai – Mubasher: Air Arabia’s stock tumbled on Thursday following a statement in which the Dubai-listed company revealed that it has an overall exposure of $336 million to the UAE-based private equity firm Abraaj. By 11:20 am, …

Companies Investments

The healthcare sector dropped1.2%

21 June 11:17 AM TASI falls, Nomu stable at Thursday’s open

Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) has started Thursday's trading session in red territory after its main Tadawul All Share Index (TASI) fell 8.15 points, or 0.1%, to 8,158.15 points despite the bourse's inclusion in the MSCI …

Trading Activities

EGX likely to rise Thursday on new market-boosting catalysts

21 June 10:44 AM EGX likely to rise Thursday on new market-boosting catalysts - Analysis

Cairo – Mubasher: The Egyptian Exchange (EGX) is likely to see a sideways-to-rising performance amid new market-boosting catalysts, including the International Monetary Fund’s (IMF) report regarding the latest review on the Egyptian economic …

Trading Activities

The industrial sector topped the QSE’s risers adding 0.86%

21 June 10:27 AM Three sectors boost QSE early Thursday

Mubasher: The Qatar Stock Exchange (QSE) started Thursday’s trading session in green territory, encouraged by the growth of three sectors. By 09:50 am Qatar time, the general index inched up 0.02% to 8,884.37 points, adding 2.52 points. The …

Trading Activities

Boursa Kuwait’s turnover amounted to KWD 3.7 million

21 June 09:34 AM Boursa Kuwait’s indices open Thursday mixed

Mubasher: The indices of Boursa Kuwait started Thursday’s trading session with a mixed performance, as the Main market went up 0.05%, while both the All-Shar and Premier markets retreated 0.02% and 0.05%, respectively. By 9:20 am Kuwait time, the …

Trading Activities

“We are glad to form this partnership with Jamal Al Ghurair Group"

20 June 04:27 PM Etihad ESCO inks pact to retrofit 2 Abu Dhabi-based industrial facilities

Dubai – Mubasher: Etihad ESCO has signed an agreement with Jamal Al Ghurair Group to retrofit two of its facilities in Abu Dhabi, Gypsemna and Porcellan. The UAE-based energy company will execute its first retrofit programme, laying the ground for …

Trading Activities

EGX30 index edged up 75.71 points, or 0.47%, finishing the session at 16,143.48 points

20 June 04:23 PM EGX ends Wednesday mixed; market cap adds EGP 1.9bn

Cairo – Mubasher: The Egyptian Exchange (EGX) closed Wednesday’s trading session on a mixed noted. The benchmark EGX30 index edged up 75.71 points, or 0.47%, finishing the session at 16,143.48 points. The small- and mid-cap index EGX70 slipped …

Trading Activities

TASI’s traded volume declined to 80.32 million shares on Wednesday

20 June 04:17 PM Saudi indices close Wednesday in decline

Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) ended Wednesday's trading session down after its benchmark Tadawul All Share Index (TASI) retreated 104.16 points, or 1.26%, to 8,166.3 points, touching its lowest level in June, and the NOMU …

Trading Activities

The investment sector levelled down 1.02%

20 June 03:55 PM ADX fails to rise on Wednesday

By: Bedour Al Raee Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange’s (ADX) general index lost 11.35 points, or 0.25%, to close Wednesday's trading session at 4,550.29 points. The bank’s sector shed 0.88%, as First Abu Dhabi Bank (FAB) sank …

Trading Activities

The QSE’s liquidity decreased to QAR 393.9 million on Wednesday

20 June 03:21 PM QSE falls 216 pts at Wednesday’s close

By: Eman Ghaly Mubasher: The Qatar Stock Exchange (QSE) deepened its losses at Wednesday’s trading session, dragged down by the drop of six sectors. By the end of the session, the general index declined 216.06 points, or 2.37%, to 8,881.85 points. …

Trading Activities

The banks sector declined 0.58%

20 June 02:59 PM DFM falls 17 pts Wednesday

By: Enas Bahgat Dubai – Mubasher: The Dubai Financial Market’s (DFM) general index shed 16.76 points, or 0.57%, to close at 2,922.57 points on Wednesday. The DFM’s trading volume reached 103.28 million shares, while the market’s liquidity amounted …

Trading Activities

Boursa Kuwait’s turnover increased by 41.4% to KWD 14.51 million

20 June 02:49 PM Boursa Kuwait’s indices close Wednesday mixed

Mubasher: The indices of Boursa Kuwait closed Wednesday’s session with a mixed performance, as the All-Share and Premier markets added 0.05% and 0.2%, respectively, while the Main Market retreated by 0.23%. The insurance segment led six decliners …

Trading Activities

EGX opens Wednesday near-stable

20 June 11:28 AM EGX opens Wednesday near-stable

Cairo – Mubasher: The Egyptian Exchange (EGX) opened Wednesday’s trading session near-stable. By 10:13 am Cairo time, the benchmark EGX30 index inched up 7.92 points, or 0.05%, to 16,075.69 points. The EGX70 index went up 0.01% to 808.87 points, …

Trading Activities

The healthcare sector fell 0.78%

20 June 11:01 AM TASI drops, Nomu stable in 1st session after Eid al-Fitr

Riyadh – Mubasher: The Saudi Stock Exchange’s Tadawul All Share Index (TASI) started Wednesday, the first session after Eid al-Fitr holiday, in the red after dropping 5.08 points, or 0.06%, to 8,265.38 points by 10:30 am KSA time. TASI’s trading …

Trading Activities