Mubasher Exclusive

Traders at Abu Dhabi's bourse

22 June 08:17 AM GCC bourses likely to see calm trades ahead of Eid Al Fitr - Analysts

By: Mahmoud Gamal Mubasher: The GCC stock markets are expected to see calm trading on Thursday as investors are shying away from building new positions ahead of the Eid Al Fitr holiday, amid the decline of oil prices to their ten-month low, …

Stock Evaluations

32.2 million shares were exchanged at a value of SAR 742.6 million on Tadawul

21 June 10:48 AM Tadawul, Nomu start Wednesday high on potential MSCI addition

Riyadh – Mubasher: The main index of the Saudi Stock Exchange (Tadawul) rose 1.73% or 120.3 points to 7,072.97 points at Wednesday’s open. By 10:32 am KSA time, 32.2 million shares were exchanged at a value of SAR 742.6 million. The food sector …

Trading Activities

Traded value reached SAR 2.7 billion on Tuesday

20 June 03:08 PM Tadawul, Nomu end Tuesday in red

Riyadh – Mubasher: The main index of Saudi Stock Exchange (Tadawul) levelled down 1.3% or 93.86 points to close at 6,952.67 points on Tuesday. Traded value reached SAR 2.7 billion on Tuesday through exchanging 122 million shares. The utilities …

Trading Activities

The stock fell 5.1% to SAR 22.72

20 June 02:48 PM Samba stock leads decliners on Tadawul Tuesday

Riyadh – Mubasher: Samba Financial Group saw a negative performance on Tuesday, as it declined at its fastest pace in eight months. The stock fell 5.1% to SAR 22.72 by 02:46 pm KSA time, leading losers on the Saudi Stock Exchange (Tadawul) . The …

Trading Activities

Traders at Saudi bourse

20 June 07:58 AM Saudi, UAE stocks attract institutional, foreign liquidity - Analysts

By: Mahmoud Gamal Mubasher: Institutional and foreign traders tended to invest in mid- and small-cap stocks listed on the Saudi and UAE stock markets, pushing them to rise, analysts told Mubasher. The GCC stock markets are expected to see a …

Trading Activities

Traders at Boursa Kuwait

19 June 08:15 AM GCC stocks’ trend dependent on oil prices - Analysts

By: Mahmoud Gamal Mubasher: The GCC stock markets are expected to suffer further losses on Monday, amid anticipation of the performance of oil prices, which fell to their lowest level since the beginning of this year, analysts told Mubasher. …

Trading Activities

Traded value reached SAR 1.9 billion on Sunday

18 June 03:28 PM Tadawul gains, Nomu loses at Sunday close

Riyadh – Mubasher: The main index of the Saudi Stock Exchange (Tadawul) levelled up 0.89% or 60.58 points to close at 6,881.39 points on Sunday. Traded value reached SAR 1.9 billion on Sunday through exchanging 102 million shares. The utilities …

Trading Activities

The stock rose 1.8% to SAR 24.49 by 11:45 pm KSA time

18 June 11:57 AM SABB hits 6M high on Sunday

Riyadh – Mubasher: The Saudi British Bank (SABB) saw a positive performance on Sunday to reach its highest level in six months. The stock rose 1.8% to SAR 24.49 by 11:45 pm KSA time. The company achieved SAR 1.07 million in liquidity by exchanging …

Trading Activities

UAE energy minister Suhail bin Mohammed Al Mazrouei

18 June 11:56 AM Impact of oil output cut extension to be seen in Q3 – UAE energy minister

By: Amr Adel Dubai - Mubasher: The decision to extend oil output reduction will impact prices in the third quarter of 2017, said UAE energy minister Suhail bin Mohammed Al Mazrouei late Saturday. Speaking to journalists on the sidelines of the …

Saudi Arabia raised $17.5 billion from its first international bond offering in October 2016

18 June 11:18 AM Saudi key player in GCC sovereign bond market – Fisch

By: Mahmoud Gamal Riyadh – Mubasher: The CEO of Fisch Asset Management, Philipp Good, said that Saudi Arabia acquired 50% of total GCC sovereign bond issues year-to-date. “So far in 2017, sovereigns and corporates have issued around $20 billion …

Sukuk and Islamic Finance

Gulf stock markets should be able to hold well this week

18 June 08:23 AM Stability of GCC bourses bound by oil above $50 pb – Analysts

By: Mahmoud Gamal Mubasher: Gulf stock markets should be able to hold well this week if oil prices recover and remain above $50 per barrel (pb), analysts told Mubasher on Sunday. On Thursday, GCC bourses ended mixed, with the Saudi Stock Exchange …

Stock Evaluations

Traded value reached SAR 2.13 billion on Thursday

15 June 03:16 PM Tadawul, Nomu end Thursday in red

Riyadh – Mubasher: The main index of Saudi Stock Exchange (Tadawul) lost 0.48% or 32.73 points to close at 6,820.81 points on Thursday. Traded value reached SAR 2.13 billion on Thursday through exchanging 101.38 million shares. The media sector …

Trading Activities

Traded value reached SAR 2.69 billion on Wednesday

14 June 03:21 PM Tadawul, Nomu end Wednesday in green

Riyadh – Mubasher: The main index of Saudi Stock Exchange (Tadawul) rose 0.48% or 32.94 points to close at 6,853.54 points on Wednesday. Traded value reached SAR 2.69 billion on Wednesday through exchanging 92.65 million shares. The utilities led …

Trading Activities

Traders at Boursa Kuwait

14 June 07:59 AM GCC investors likely to trade on mid-, small-cap stocks

By: Mahmoud Gamal Mubasher: Traders in the GCC bourses are likely to invest in mid- and small-cap stocks which stand at attractive price levels on Wednesday, capital market analyst Nawaf Al Ajmi said. The GCC markets saw a volatile performance on …

Trading Activities

Traded value reached SAR 1.64 billion on Tuesday

13 June 03:10 PM Tadawul extends losses, Nomu rises at Tuesday close

Riyadh – Mubasher: The main index of Saudi Stock Exchange (Tadawul) shed 0.03% or 1.83 points to close at 6,820.60 points on Tuesday. Traded value reached SAR 1.64 billion on Tuesday through exchanging 92.81 million shares. The media sector led …

Trading Activities

Traders at Boursa Kuwait

13 June 07:56 AM GCC stock markets likely to regain lost ground

By: Mahmoud Gamal Mubasher: The GCC stock markets are expected to see a sideways-to-bullish performance on Tuesday, after Qatar’s foreign minister said that dialogue is his country’s “strategic choice to resolve crisis”, analysts told Mubasher. …

Trading Activities

Traded value reached SAR 1.83 billion on Monday

12 June 03:21 PM Tadawul, Nomu gain at Monday close

Riyadh – Mubasher: The main index of Saudi Stock Exchange (Tadawul) added 0.19% or 13.24 points to close at 6,822.43 points on Monday. Traded value reached SAR 1.83 billion on Monday through exchanging 108.65 million shares. The REITs sector …

Trading Activities

The fluctuation price was set at SAR 22.5

12 June 01:52 PM Al Baha retreats 12% in 7 sessions

Riyadh – Mubasher: Al Baha Investment and Development Company fell 12.05% to SAR 21.76 since 4 June. By 01:28 pm KSA time, the stock dropped 6.13% in Monday's trading session alone. On 4 June, the Saudi Capital Market Authority (CMA) had lifted …

Trading Activities

Traders at Boursa Kuwait

11 June 08:01 AM GCC bourses likely to see cautious trading on Qatar rift

By: Mahmoud Gamal Mubasher: The GCC stock markets are expected to see cautious trades this week, amid the escalation of a diplomatic dispute among some Gulf countries, analysts told Mubasher. The diplomatic rift between Qatar and some Arab …

Stock Evaluations

Qatar provides about a third of global demand for LNG

8 June 06:53 PM Qatar gas exports not impacted by tie-break - Report

By: Eman Ghaly Doha – Mubasher: Four days after Saudi Arabia, Egypt, Bahrain, and the UAE severed diplomatic relations with Qatar, and closed land and sea ports, major global firms that receive Qatar’s liquefied natural gas (LNG) have said that …

Saudi Arabia, the UAE, Egypt, and Bahrain have cut their diplomatic relations with Qatar

8 June 04:10 PM GCC, Egypt, Qatar dispute threatens trade exchange worth QAR 34bn

By: Mahmoud Salah Aldin Riyadh – Mubasher: The trade exchange volume between Qatar from one side and Egypt, Saudi Arabia, UAE, and Bahrain from the other side became threatened after the aforementioned countries cut their ties with Qatar. Trade …

Traded value reached SAR 2.43 billion on Thursday

8 June 03:25 PM Tadawul, Nomu end Thursday in red

Riyadh – Mubasher: The main index of Saudi Stock Exchange (Tadawul) fell 1.2% or 80.94 points to close at 6,865.48 points on Thursday. Traded value reached SAR 2.43 billion on Thursday through exchanging 149.66 million shares. The REITs sector …

Trading Activities

The stock fell 3.6% to SAR 28.20

8 June 02:05 PM Al Tayyar hits 8M low on Thursday

Riyadh – Mubasher: Al Tayyar Travel Group Holding Company saw a negative performance on Thursday to reach its lowest level in eight months. The stock fell 3.6% to SAR 28.20 by 02:01 pm KSA time. The company achieved SAR 33.28 million in liquidity …

Trading Activities

Traders at Abu Dhabi's bourse

8 June 07:53 AM UAE, KSA stocks attract institutional, foreign investors

By: Mahmoud Gamal Mubasher: Institutional and Gulf traders in Qatar’s bourse started to pump their liquidity into mid-cap and blue-chip stocks listed on the UAE and Saudi markets, following the cut of diplomatic relations with Qatar, analysts told …

Trading Activities

Tadawul's traded value reached SAR 3.6 billion

7 June 03:20 PM Tadawul rises, Nomu falls at Wednesday close

Riyadh – Mubasher: The main index of the Saudi Stock Exchange (Tadawul) went up 0.19% or 13.14 points to close at 6,946.42 points on Wednesday. Traded value reached SAR 3.6 billion on Wednesday through exchanging 328.3 million shares. The food …

Trading Activities