Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) on Sunday announced the extension of the closing auction session to 20 minutes instead of 10 minutes on 30 April only, according to a statement. This step comes prior to the second phase of …
Riyadh – Mubasher: The Saudi Stock Exchange’s (Tadawul) main Tadawul All Share Index (TASI) rose 43.14 points, or 0.47%, to close at 9,239.67 points on Sunday. TASI’s liquidity edged down to SAR 2.84 billion on Sunday, compared to SAR 2.87 billion …
Mubasher: Boursa Kuwait Securities Company has elected a new board for the coming three years. Hamad Meshary Al Humaidhi was named as the new chairman, and Ahmed Altheneyan would be the company’s deputy chairman, according to a statement on …
Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange (ADX) closed Sunday’s trading session in green territory, encouraged by the announcement of first-quarter financial statements. The general index increased by 54.30 points, or 1.03%, ending …
By: Mohamed Farouk Mubasher: The indices of Boursa Kuwait finished Sunday’s trading session on a mixed note after the All-Share and Main markets inched down 0.09% and 0.52%, respectively, while the Premier Market index edged up 0.07%. The stock …
Abu Dhabi - Mubasher: The Abu Dhabi Global Market Courts (ADGM Courts) have launched the court-annexed mediation service to better meet the increasing demand for mediation solutions and services for ADGM entities and litigants before the ADGM …
Dubai – Mubasher: The Dubai Financial Market (DFM) ended Sunday’s trading session with positive performance, pushed up by of Emaar’s stock, in addition to the approaching distribution of cash dividends. The DFM’s general index levelled up 0.24%, …
Riyadh - Mubasher: Saudi Basic Industries Corporation’s (SABIC) stock on Sunday saw a private transaction at a value of SAR 49.6 million on the Saudi Stock Exchange (Tadawul). The deal saw trading of around 392,000 shares at SAR 126.60 a share, …
Mubasher: Boursa Kuwait Securities Company on Sunday will hold an ordinary general meeting (OGM) to consider the company’s financial statements for the period ended on 31 March 2019 and elect a new board after the privatisation of a 44% stake. …
Mubasher: The indices of Boursa Kuwait started Sunday with a mixed performance, as the All-Share Market index inched up 0.25%, the Premier Market index added 0.41%, while the Main Market index shed 0.17%. By 9:23 am Kuwait time, the oil and gas …
By: Mahmoud Gamal Mubasher: The GCC stock markets are likely to attract retail and institutional investors, mainly foreign traders, this week, analysts told Mubasher. By the end of Thursday’s trading session, most of the Gulf bourses rose, …
Dubai – Mubasher: UAE-based company ADAB Solutions has launched First Islamic Crypto Exchange (FICE), according to a statement released on Saturday. FICE is the first exchange for crypto-currency that attracts investors from Arab and Islamic …
Abu Dhabi – Mubasher: The general index of the Abu Dhabi Securities Exchange (ADX) grew 239.67 points, or 4.74%, to 5,292 points in a week. Market capitalisation gained AED 21 billion over the week to reach AED 533.824 billion. The banking sector …
Dubai – Mubasher: The Dubai Financial Market’s (DFM) general index went up 23.75 points, or 0.85%, to 2,813.91 points in a week, marking its highest weekly level since November. Market capitalisation gained AED 2.49 billion to AED 365.56 billion …
Mubasher: The Qatar Stock Exchange’s (QSE) general index grew 89.12 points, or 0.87%, to 10,348.19 points in a week. Market capitalisation rose QAR 579.35 billion ($159.12 billion) over the week, compared to QAR 574.84 billion ($157.88 billion) a …
Mubasher: The general index of the Bahrain Bourse went up 7.7 points, or 0.54%, to 1,446.18 points in a week. Market capitalisation lost BHD 47 million ($124.66 million) to BHD 8.869 billion ($23.52 billion) over the week. The market’s trading …
Riyadh – Mubasher: The Saudi Stock Exchange’s (Tadawul) indices ended the week in green. Market capitalisation gained SAR 21.36 billion ($5.7 billion) to SAR 2.16 trillion ($576 billion) in a week. The Tadawul All-Share Index (TASI) went up 108.56 …
Riyadh – Mubasher: Al Rajhi Capital has set the target price of Bupa Arabia for Cooperative Insurance’s share at SAR 93, with a neutral rating, according to a report released on Thursday. Bupa is the top health insurer in Saudi Arabia with strong …
Cairo – Mubasher: The Egyptian Exchange (EGX) indices ended Thursday in a mixed note, with market capitalisation gaining around EGP 1 billion. The benchmark EGX30 index inched up 0.08% to 14,870 points, while the small- and mid-cap EGX70 …
Riyadh – Mubasher: The Saudi Stock Exchange’s (Tadawul) main Tadawul All Share Index (TASI) ended a three-session winning streak on Thursday after dropping 41.52 points, or 0.45%, to close at 9,196.53 points. TASI’s liquidity retreated to SAR 2.87 …
Mubasher: The indices of Boursa Kuwait closed the week ended on 18 April on mixed note. The All-Share Market index jumped 63.6 points, or 1.11%, to 5,805.99 points, followed by the Premier Market index with 1.94%, reaching 6,244.76 points, while …
Dubai – Mubasher: The Dubai Financial Market’s (DFM) index inched up 0.69 point, or 0.02%, to close at 2,813.91 points on Thursday, supported by selective purchases on blue-chip stocks. The insurance sector was the top gainer with 1.66% as …
Abu Dhabi – Mubasher: The benchmark index of the Abu Dhabi Securities Exchange (ADX) ended Thursday’s trading session on positive note for the second straight session, driven by the real estate, banks, and energy sectors. The ADX’s benchmark index …
By: Mohamed Farouk Mubasher: The indices of Boursa Kuwait finished Thursday’s trading session with a mixed performance after the All-Share and Premier markets inched up 0.61% and 1.13%, respectively, while the Main Market index fell 0.75%. The …
Cairo – Mubasher: The Egyptian Exchange (EGX) on Thursday has suspended trading on Rakta Paper Manufacturing’s stock until the firm publishes the decisions of its general assembly meeting held on 17 April. The suspension becomes effective as of …
