Wednesday 22 May 2013
 
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Doha bourse breaks key 9,000 level

  Qatar's bourse closed above the key 9,000 level after making its largest one-day gain in three weeks, while UAE and Kuwaiti markets also rallied on renewed optimism in equities.

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Kuwait bourse trading value hits 44-month high

Kuwait's bourse resumed its rally and trading value surged to a 44-month high on Thursday, backed by investors' sense that the economic and political environment for the country is improving. Most other regional markets rose.

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Egypt bourse to restart same-day trading

Egypt's stock exchange will reinstate the buying and selling of single stocks in the same session from the first week of next month in an effort to boost market volumes. The ability to buy and sell a stock in the same session

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Iraq bourse braces for milestone $1.3 billion IPO

(The author is a Reuters Breakingviews columnist. The opinions expressed are her own.) Iraq's bourse is bracing for a milestone $1.3 billion initial public offering. The share offer by the country's number-two mobile opera

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NYSE Euronext cuts stake in Qatar exchange

NYSE Euronext, the transatlantic exchange, reduced its ownership in Qatar stock exchange by selling an eight percent stake to the Gulf state's sovereign wealth fund, the Qatar bourse said in a statement on Tuesday. Qatar Holdi

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Gaza ceasefire fails to lift Dubai stocks

Dubai's bourse slipped after two sessions of gains and volumes drop to a two-week low as investors saw little reason to increase their market exposure despite a ceasefire in the Gaza-Israel conflict. The emirate's index en

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Dubai Financial Market narrows Q3 net loss

Dubai Financial Market Company's third-quarter net loss narrowed to Dh1.7 million ($463,000) from Dh9.3 million in the same period last year, the company said on Saturday, citing increased trading activity. The publicly owned

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UAE plans new market rules by year end

The UAE's main market watchdog approved market making and short selling of listed securities in a long-awaited move which may help revive the country's moribund equity markets. The Securities and Commodities Authority said

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Qatar stages biggest 1-year rally; Gulf markets up

Qatar's bourse made its largest one-day gain in 12 months and all other regional markets also rose after Germany's approval of euro zone's new bailout fund lifted investor risk appetite. Doha's index jumped 1.1 per

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Foreigners buy $309m stocks on DFM

Dubai Financial Market (DFM), one of Arab world's leading bourses, said foreign investors bought stocks worth Dh1.134 billion ($308.6 million) in August, which was 50.7 per cent of the total traded value. Announcing this on Su

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