News Analysis

Second phase of inclusion in FTSE will be implemented on 1 May
55 minutes ago Tadawul to extend closing auction session on 30 April
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 …
TASI’s liquidity edged down to SAR 2.84 billion on Sunday
3 hours ago TASI in green; Nomu loses 100 pts at Sunday’s close
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 …
Rents and property prices have decreased the most in Q1-19
11:47 AM Over 20,000 units likely to enter Dubai market in 2019
Dubai – Mubasher: The real estate sector in Dubai has witnessed more than 20,000 units entering the market during 2018, head of consulting at Chestertons MENA Ivana Vucinic said, according to TimeOut Dubai. The new units have resulted in a …
The deal saw trading of around 392,000 shares
11:45 AM SABIC’s stock sees SAR 50m private deal Sunday
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, …
GCC markets to attract retail and institutional investors this week
08:52 AM 10 factors to attract foreign investors to GCC stocks
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, …
Media and commercial services lost 3.04% and 1.89%
19 April 05:16 PM TASI levels up 108.6 pts in week, market cap gains SAR 21.36bn
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 …
Bupa is the top health insurer in Saudi Arabia
18 April 06:20 PM Al Rajhi Capital sets Bupa Arabia TP at SAR 93 per share
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 …
TASI’s liquidity retreated to SAR 2.87 billion on Thursday
18 April 04:42 PM TASI sheds 41 pts; Nomu rises at Thursday’s close
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 …
TASI’s trading volume hit 23.24 million shares
18 April 11:27 AM TASI down, Nomu near stable early Thursday
Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) started Thursday with negative performance after its main Tadawul All Share Index (TASI) fell 8.99 points, or 0.10%, to 9,229.06 points. By 10:43 am Saudi time, TASI’s trading volume hit 23.24 …
The banking sector was the best performer after adding 2.03%
17 April 04:21 PM Saudi indices rise at Wednesday’s close
Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) closed Wednesday’s trading session in the green after its benchmark Tadawul All Share Index (TASI) soared 98.5 points, or 1.08%, to 9,238.05 points, registering its highest level since July …
The media sector led losers with 2.3%
17 April 11:12 AM TASI rises 32 pts, Nomu stable early Wednesday
Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) started Wednesday’s trading session with positive performance after its main Tadawul All Share Index (TASI) jumped 32.3 points, or 0.35%, to 9,171.86 points. By 10:40 am Saudi time, TASI’s …
The pharmaceuticals sector topped gainers after adding 2.9%
16 April 04:23 PM TASI hovers over 9,100 pts; Nomu near stable at Tuesday’s close
Riyadh – Mubasher: The Saudi Stock Exchange’s (Tadawul) main Tadawul All Share Index (TASI) ended Tuesday’s trading session on positive note after rising 51.42 points, or 0.57%, to close at 9,139.55 points, hitting its highest level since 25 …
SABIC's stock saw a private transaction valued at SAR 3.2 million
16 April 12:41 PM Tadawul sees 5 private deals worth SAR 10.5m Tuesday
Riyadh - Mubasher: The Saudi Stock Exchange’s (Tadawul) revealed the execution of five private transactions at a combined value of SAR 10.5 million during Tuesday’s trading activities. Saudi Basic Industries Corp’s (SABIC) stock saw a private …
Arabian Centres Company will offer 95 million shares
15 April 04:45 PM CMA greenlights Saudi Arabian Centres’ IPO
Riyadh – Mubasher: The Saudi Capital Market Authority (CMA) has approved Arabian Centres Company’s request to float a 20% stake in an initial public offering (IPO). The Saudi shopping malls operator, owned by Fawaz Alhokair Group, will offer 95 …
The basic materials sector topped gainers and advanced 0.88%
15 April 04:14 PM TASI grows 33 pts; Nomu falls at Monday’s close
Riyadh – Mubasher: The Saudi Stock Exchange’s (Tadawul) main Tadawul All Share Index (TASI) ended Monday’s trading session in green territory after adding32.79  points, or 0.36%, to close at 9,088.13 points. TASI’s liquidity climbed to SAR 3.1 …
Sigrid de Mazieres, Director for GCC at the German National Tourist Office (GNTO)
15 April 02:50 PM GCC visitors to Germany seen up to 3.6m overnight stays by 2030
Mubasher: The Gulf nationals visiting Germany are expected to increase to 3.6 million overnight stays by the year 2030, according to the latest forecast from the German National Tourist Board (GNTB). This estimated increase in 2030 is compared …
Samba Financial Group’s stock saw a SAR 1.3m private deal
15 April 02:46 PM Alawwal Bank, Samba stocks see SAR10m private deals on Monday
Riyadh - Mubasher: The Saudi Stock Exchange (Tadawul) revealed the execution of three private transactions at a combined value of SAR 9.92 million during Monday’s trading activities. Alawwal Bank’s stock saw two private transactions valued at SAR …
TASI’s traded volume amounted to 22.39 million shares
15 April 11:15 AM Saudi indices edge up early Monday
Riyadh – Mubasher: The Saudi Stock Exchange’s (Tadawul) main Tadawul All Share Index (TASI) started Monday’s trading session on a positive note. By 10:51 am Saudi time, TASI inched up 2.5 points, or 0.03%, to 9,057.85 points. TASI’s traded volume …
Most of the Gulf bourses ended Sunday’s trading session in green territory
15 April 08:48 AM GCC stocks to see further gains this week - Analysts
By: Mahmoud Gamal Mubasher: The GCC stock markets are likely to revive and see further gains over the course of this week, analysts told Mubasher. The UAE’s twin bourses are seeing positive performance, encouraged by ongoing purchasing …
Ai Evert hing summit seeks to convene the world’s leading investment community
14 April 05:15 PM UAE to host world Ai Everything summit end-April
Dubai - Mubasher: The UAE will host ‘Ai Everything’ summit, the world’s primary artificial intelligence summit that aims at empowering global dialogue on the future of government, business, and society. The summit will kick off at the Dubai World …
Total of 2153 billionaires from varied sectors are featured in Forbes 2019
14 April 05:00 PM UAE-based Syrian Aboud among Forbes ME Arab Billionaires 2019
Dubai – Mubasher: The Dubai-based Syrian entrepreneur Ghassan Aboud and noted philanthropist was among the Arab billionaires in Forbes Middle East April 2019 issue. With a wealth estimated at $1.75 billion, Aboud ranked the16th amongst the Arab …
The pharmaceuticals sector was the top decliner after sliding 1.09%
14 April 04:07 PM TASI sheds 32 pts; Nomu rises modestly at Sunday’s close
Riyadh – Mubasher: The Saudi Stock Exchange’s (Tadawul) main Tadawul All Share Index (TASI) ended a four-session winning streak after dropping 32.63 points, or 0.36%, to close at 9,055.34 points on Sunday. TASI’s liquidity retreated to SAR 2.5 …
Negotiations with lenders are still at an early phase
14 April 03:24 PM Saudi PIF eyes $5-8bn bridge loan
Riyadh – Mubasher: Saudi Arabia’s Public Investment Fund (PIF) is reportedly in initial negotiations with banks to obtain a bridge loan expected to range from $5 billion to $8 billion, depending on the response of lenders, sources told Bloomberg …
The banking sector fell 0.38%
14 April 11:09 AM TASI falls 20 pts; Nomu stable early Sunday
Riyadh – Mubasher: The Saudi Stock Exchange’s (Tadawul) main Tadawul All Share Index (TASI) started Sunday’s trading session with a negative performance, pressured by the fall of most sectors. By 10:38 am Saudi time, TASI dropped 20.20 points, or …
Jumia Group offers 81,000 active sellers
14 April 10:22 AM 1st African tech startup Jumia goes public on NYSE
Mubasher: Jumia Group has listed its shares on the New York Stock Exchange (NYSE) under the name “JMIA” on Friday, 12 April. Active in 14 countries across the world, Jumia Technologies AG has become the first African technologies company to go …