Cairo – Mubasher: The Egyptian Exchange (EGX) closed Sunday’s trading session with a sideways-to-rising performance. The benchmark EGX30 index rose by 0.21% to finish the first session of the week at 14,210 points. Likewise, the small- and …
Riyadh – Mubasher: The benchmark Tadawul All Share Index (TASI) of the Saudi Stock Exchange (Tadawul) closed Sunday’s session 0.61% or 54.7 points lower at 8,886.84 points. The banking sector led the decliners with 1.44%, while the …
Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange (ADX) ended Sunday’s trading session in red territory, pressured by blue-chip stocks. The general index inched down 0.17%, ending the first session of this week at 4,955.26 points. Turnover …
Mubasher: The All-Share Market index of Boursa Kuwait retreated 0.61% at Sunday’s close, in line with the decline of both the Main and Premier markets with 0.6% and 0.61%, respectively. Boursa Kuwait’s turnover shrank by 46.3% to KWD 22.13 million …
Dubai – Mubasher: The Dubai Financial Market (DFM) closed Sunday’s trading session with negative performance, for the third session in a row, dragged by selective purchases on leading stocks. The DFM’s general index declined 0.72%, or 18.97 …
Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) will extend the Closing Auction session for a total duration of 20 minutes instead of 10 minutes on 20 June. Accordingly, the Closing Auction session will start from 03:00 pm Saudi time to …
Riyadh – Mubasher: The Saudi British Bank (SABB) and Alawwal Bank announced the effectiveness of their merger after the expiry of the creditor objection period on 15 June. Alawwal Bank noted that the bank did not receive any objections from …
Abu Dhabi – Mubasher: The general index of the Abu Dhabi Securities Exchange (ADX) lost 39.9 points, or 0.8%, to 4,963.69 points in a week. Market capitalisation declined to AED 506.357 billion over the week, compared to AED 511.84 billion a week …
Dubai – Mubasher: The Dubai Financial Market’s (DFM) general index rose 12.67 points, or 0.48%, to 2,633 points in a week. Market capitalisation went up to AED 350.295 billion over the week, compared to AED 349.025 billion a week earlier. The …
Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) ended in the green territory in a week, recording its highest weekly gain in 44 months. Tadawul All Share Index (TASI) added 425 points, or 4.99%, to 8,941.54 points over the week. All sectors …
Mubasher: The indices of Boursa Kuwait went up during the week ended 31 June. The All-Share Market grew 88.5 points, or 1.54%, to reach 5,853.13 points this week. The Premier Market increased by 114.3 points, or 1.82%, to close at 6,390.7 points …
Mubasher: The Bahrain Bourse’s general index added 14.28 points, or 1%, to 1,448.9 points in a week. The commercial banking sector grew 2.010%, while the services, industrial, and investment sectors went up 0.56%, 0.46%, and 0.39%, respectively. …
Mubasher: The Qatar Stock Exchange’s (QSE) general index grew 196.55 points, or 1.9%, to 10,515.88 points in a week. Market capitalisation went up to QAR 577.82 billion ($161.38 billion) over the week, compared to QAR 567.69 billion ($155.92 …
Cairo – Mubasher: Beltone Research has set the fair value (FV) of Palm Hills Development Company’s stock at EGP 4.82 per share, with ‘Overweight’ recommendation. The research company ascribed its decision to a 5% year-on-year increase in Palm …
Riyadh – Mubasher: The Saudi Stock Exchange’s (Tadawul) benchmark Tadawul All-Share Index (TASI) closed Thursday’s trading session with negative performance, pressured by the recent attacks in the Gulf of Oman. Earlier Thursday, two …
By: Mohamed Farouk Mubasher: The All-Share Market index went down 0.66% or 38.81 points to close Thursday’s session at 5,853.13 points. Similarly, the Premier Market index retreated 1%, while the Main Market index added 0.31%. Boursa Kuwait’s …
Riyadh – Mubasher: Al Rajihi Capital has set the target price (TP) of Saudi Arabian Mining Company’s (Maaden) stock at SAR 45, 13.5% down from a current price of SAR 52, with 'Underweight' recommendation. The research company expected an 81.7% …
Dubai – Mubasher: Selling pressures maintained weighing on the Dubai Financial Market (DFM) on Thursday amid the recent geopolitical tensions. The DFM’s general index closed the session down 1.32%, losing 33.37 points at 2,496.35 points. It is …
Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange (ADX) has closed Thursday’s trading session in red territory, pressured by the recent geopolitical tensions. The ADX’s general index slid 0.54%, finishing the session at 4,963.69 points. …
Cairo – Mubasher: The Egyptian Exchange (EGX) on Thursday announced the suspension of trading on the stock of El Nasr for Manufacturing Agricultural Crops, according to a statement. Trading on the stock will be halted until the company issues a …
By: Enas Bahgat Mubasher: The energy and transport stocks in the UAE stock markets shed sharply on Thursday following the explosion of oil tankers in the Gulf of Oman. By 11:45 am UAE time, the energy index in the UAE fell by 1.56%. Dana Gas led …
Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) opened Thursday’s trading session with negative performance. By 10:38 am KSA time, the main Tadawul All-Share Index (TASI) fell 1.07%, or 97.09 points, to 8,987.66 points. TASI’s traded volume …
Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange (ADX) announced that the insider’s trading prohibition period will start as of Sunday, 16 June 2019 until the full disclosure of financial statements for the second quarter of the year. All …
Cairo – Mubasher: Beltone Research has increased the fair value (FV) of Orascom Development Egypt's (ORHD) stock by 18% to EGP 14.5 with overweight recommendation. The research company ascribed its recommendation to the launch of the ‘O West’ …
Cairo – Mubasher: The Egyptian Financial Regulatory’s (FRA) chairman Mohamed Omran has approved granting Arqaam Securities Brokerage a licence to conduct short-selling transactions. This step came as part of efforts to raise the value and volume …
