Mubasher Exclusive

Turnover reached SAR 2.59 billion
25 May 03:17 PM TASI extends losses to 4th session in row
Riyadh – Mubasher: The main index Tadawul All Shares Index (TASI) of the Saudi Stock Exchange (Tadawul) fell at Thursday’s close by 0.43% or 29.71 points to the level of 6,871.72 points, extending losses for the fourth session in a row. Turnover …
Photo Credit: Arabianeye-Reuters
24 May 10:06 PM EFG Hermes showing interest in Nomu-Parallel Market
By: Amr Adel Dubai - Mubasher: The Co-Head of EFG Hermes investment banking, Mohamed Fahmi, said that the group is interested in the Saudi Nomu-Parallel Market. Fahmi said in an answer to a question from Mubasher during a press event in Dubai that …
(Photo Credit: Arabianeye-Reuters)
24 May 03:31 PM Tadawul, Nomu close Wednesday on negative note
Riyadh – Mubasher: The main index of Saudi Stock Exchange (Tadawul) shed 0.5% or 34.94 points to 6,901.4 points at Wednesday’s close. Traded value reached SAR 2.02 billion on Wednesday through exchanging 107.2 million shares. The healthcare sector …
Traders at Boursa Kuwait (Photo Credit: Arabianeye-Reuters)
24 May 07:51 AM GCC bourses likely to move sideways ahead of OPEC meeting
By: Mahmoud Gamal  Mubasher: The GCC bourses are expected to continue their sideways performance on Wednesday, as investors are waiting for the trend of oil prices following the meeting of the Organization of Petroleum Exporting Countries (OPEC) …
(Photo Credit: Arabianeye-Reuters)
23 May 03:35 PM Tadawul, Nomu end Tuesday in red
Riyadh – Mubasher: The main index of the Saudi Stock Exchange (Tadawul) fell 0.73% or 51.28 points to 6,936.37 points at Tuesday’s close. Traded value rose to SAR 2.6 billion on Tuesday through exchanging 158.9 million shares. The energy sector …
Tradres at Boursa Kuwait (Photo Credit: Arabianeye-Reuters)
23 May 07:45 AM Kuwait, Qatar stocks attract foreign, institutional investors
By: Mahmoud Gamal  Mubasher: Institutional and foreign investors focused their investments in mid-cap and blue-chip stocks listed on the Kuwaiti and Qatari bourses which rose on Monday, analysts told Mubasher. The GCC bourses are expected to …
(Photo Credit: Arabianeye-Reuters)
22 May 03:09 PM Tadawul extends, Nomu reverses early losses at Monday close
Riyadh – Mubasher: The main index of Saudi Stock Exchange (Tadawul) shed 0.04% or 2.88 points to 6,987.65 points at Monday’s close. Traded value fell to SAR 2.63 billion ($701 million) on Monday compared to SAR 3.06 billion ($815 million) on …
Traders at Boursa Kuwait (Photo Credit: Arabianeye-Reuters)
22 May 07:33 AM Portfolio investors to invest in attractive GCC stocks
By: Mahmoud Gamal Mubasher: The GCC stock markets are expected to maintain their slight rise on Monday as portfolio investors are tending to increase their positions, amid anticipation of the performance of oil prices and global stocks, analysts …
(Photo Credit: Arabianeye-Reuters)
21 May 03:20 PM Tadawul extends early gains, Nomu keeps early losses at Sunday close
By: Al Sayed Gamal Riyadh – Mubasher: The main index of the Saudi Stock Exchange (Tadawul) rose 0.76% or 52.43 points to 6,990.53 points at Sunday’s close. Traded value increased to SAR 3.06 billion ($815 million) on Sunday compared to SAR 2.89 …
Traders at Boursa Kuwait (Photo Credit: Arabianeye-Reuters)
21 May 07:40 AM GCC bourses likely to rise on Trump’s visit – Analysts
By: Mahmoud Gamal Mubasher: The GCC stock markets are expected to see increased speculations on Sunday, in line with the rise of oil prices and news of a possible decline in oil prices, analysts told Mubasher. Higher oil prices will push the GCC …
(Photo Credit: Arabianeye-Reuters)
18 May 03:30 PM Tadawul, Nomu end Thursday in red
Riyadh – Mubasher: The main index of the Saudi Stock Exchange (Tadawul) shed 0.13% or 9.26 points to 6,938.10 points at Thursday’s close. Traded value decreased to SAR 2.89 billion ($770 million) on Thursday compared to SAR 3.73 billion ($994 …
(Photo Credit: Company website)
18 May 12:11 PM Alujain hits 2-yr hike on Thursday
Riyadh – Mubasher: Alujain Corporation's stock saw a notable hike on Thursday to top the market’s risers and record the highest gaining pace since August 2015. By 12:00 pm KSA time, the stock surged 9.91% to SAR 26.40 to extend its gains for the …
Traders at Boursa Kuwait (Photo Credit: Arabianeye-Reuters)
18 May 08:12 AM GCC bourses start to regain poise on foreign purchases
By: Mahmoud Gamal Mubasher: Most GCC stock markets started to lure in investments and managed to see a positive performance on Wednesday, in line with the recent rise of oil prices, analysts told Mubasher. Most Gulf bourses are expected to …
(Photo Credit: Arabianeye-Reuters)
17 May 07:30 AM GCC bourses to hold amid oil price recovery
By: Mahmoud Gamal Mubasher: The GCC stock markets are expected to hold at their current levels on Wednesday, amid oil price recovery, analysts told Mubasher Most Gulf bourses saw a positive performance on Tuesday and approached important …
Photo Credit: Arabianeye-Reuters
16 May 04:10 PM Crédit Agricole collected $1bn in 6M
By: Mostafa Adel Cairo - Mubasher: The managing director of Credit Agricole - Egypt said that the bank US dollar inflows from its customers reached $1 billion since the pound flotation until now. Francois Edouard Drion told Mubasher on Tuesday …
Photo Credit: Arabianeye-Reuters
16 May 03:21 PM TASI up 49 pts, NOMU down 2%
Riyadh - Mubasher: The Saudi Stock Exchange (Tadawul) ended Tuesday’s trading session in green, on the back of a grouped rise of the market sectors. The Tadawul All Shares Index (TASI) gained 0.7% or 48.49 points, and closed at the level of …
Traders at Boursa Kuwait (Photo Credit: Arabianeye-Reuters)
16 May 07:40 AM GCC markets need new liquidity to revive trades - Analysts
By: Mahmoud Gamal Mubasher: The GCC stock markets need new liquidity pumped into its stocks on Tuesday to be able to break important resistance levels, capital market analyst Mohamed Al Azmi told Mubasher. The markets saw selling pressures by some …
(Photo Credit: Arabianeye-Reuters)
15 May 07:58 AM GCC investors eye oil movements – Analysts
By: Mahmoud Gamal Mubasher: GCC stock markets are set to see additional varying performances on Monday, while looking to oil price movements and global markets, as newly-elected French president Emmanuel Macron takes the reigns of the country, …
Photo Credit: Company Website
14 May 05:06 PM CI Capital targets expanding in KSA, UAE
By: Ahmed Allam Mubasher: CI Capital is looking forward to work in the Saudi and Emirati markets in the upcoming period, according to the head of research, Karim Khadr. Karim Khadr said on the sidelines of a press conference on Sunday that the …
(Photo Credit: Arabianeye - Reuters)
14 May 03:18 PM Tadawul ends Sunday in red; Nomu gains 21.76 pts
Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) saw a negative performance for the second successive session on Sunday. Tadawul all share index (TASI) declined 0.43% or 29.39 points to reach 6,853.12 points. However, the general index of the …
(Photo Credit: Arabianeye-Reuters)
14 May 11:29 AM Petro Rabigh’s stock marks 2.5-year drop
Riyadh – Mubasher: Rabigh Refining & Petrochemical Company’s (Petro Rabigh) stock suffered a negative performance on Sunday on the Saudi Stock Exchange (Tadawul), leading losers and registering its biggest drop in two-and-a-half years. By 11:15 am …
Traders at Boursa Kuwait (Photo credit: Arabianeye-Reuters)
14 May 07:56 AM GCC stocks likely to maintain sideways-to-bullish trend
By: Mahmoud Gamal Mubasher: The Gulf stock markets are expected to continue their sideways-to-bullish performance on Sunday, amid increased purchases of blue chips by foreign investors, in line with the rise of oil prices. GCC bourses, topped by …
(Photo credit: Arabianeye - Reuters)
12 May 07:06 PM Tadawul, Nomu end week on negative note
Riyadh – Mubasher: The main index of the Saudi Stock Exchange (Tadawul) shed 0.6% or 41.57 points to reach 6,882.51 points in the week ended 11 May compared to 6,924.08 points last week. The market’s turnover decreased 26.7% to SAR 13.35 billion, …
(Photo Credit: Arabianeye-Reuters)
11 May 03:18 PM Tadawul, Nomu end Thursday in red
Riyadh – Mubasher: The main index of the Saudi Stock Exchange (Tadawul) fell 0.69% or 47.81 points to 6,882.51 points at Thursday’s close. Traded value increased to SAR 3.13 billion ($835 million) on Thursday compared to SAR 2.51 billion ($668 …
Trader at Abu Dhabi's bourse (Photo credit: Arabianeye - Reuters)
11 May 07:54 AM Investors likely to trade on small-, mid-cap stocks
By: Mahmoud Gamal Mubasher: Most investors are expected to trade on GCC small- and mid-cap stocks with attractive price levels on Thursday, analysts told Mubasher. The GCC markets saw a volatile performance on Wednesday; the Saudi Stock Exchange …