Thursday 29 January 2015
 
»
Tag
 
»
stocks

Sliding oil brings Gulf stock values to reasonable levels

When Saudi Arabia announced last July that it would open its stock market to direct foreign investment, a common worry among fund managers was that when the reform finally took place, the market would simply be too expensive to buy.

More…

Most Gulf markets rally; Industries Qatar tumbles

Most Gulf stock markets maintained their positive momentum on Sunday, supported by good corporate news, but major petrochemical producer Industries Qatar tumbled and dragged down the Doha bourse after announcing a dividend cut. In

More…

Gulf markets extend gains after oil edges up

Gulf stock markets rose on Thursday after oil rebounded slightly from its Wednesday low and several companies made positive announcements. Supported by a fall in US crude oil inventories, Brent futures bounced around $51 per barre

More…

UAE firms delaying IPO plans

Several companies in the United Arab Emirates have decided to hold off on initial public offers of shares because of the weakness of stock markets, the head of the securities regulator said on Wednesday. "There are some IPOs

More…

Oil weighs on GCC but Saudi cuts losses on late buying

Gulf stock markets extended their losses on Tuesday as Brent crude plunged for a second session in a row and the threat of a fresh euro zone crisis in Greece also prompted investors to sell risky assets globally. Brent crude touch

More…

Gulf markets down; Dubai tumbles

Gulf stock markets fell in early trade on Tuesday after Brent crude plunged 5 per cent a day earlier and the threat of a fresh euro zone crisis in Greece also prompted investors to sell risk assets globally. Dubai's index tumb

More…

Gulf markets slide as oil hits fresh low

Gulf stock markets extended their declines in broad sell-offs on Monday as the price of Brent crude oil fell below $55 per barrel for the first time since 2009. Brent futures tumbled more than 3 per cent as data showed that Russia

More…

Gulf markets slide in thin trade after oil slips

Most Gulf stock markets fell in low-volume trade on Sunday after Brent crude closed down nearly a dollar a barrel at $56.42 on Friday. Saudi Arabia's main equities index edged down 0.3 per cent with most blue chips in the red.

More…

Oil resumes fall as euro hits 29-month low

The euro fell on Friday, continuing the slide that saw the currency finish out 2014 at a 29-month low against the US dollar, on expectations that the European Central Bank will soon embark on outright money-printing. Crude prices

More…

Most major markets up in 2014 despite oil's plunge

Most major Middle East stock markets ended 2014 with annual gains after wild swings which underlined their fragility as well as their promise to investors. Gulf markets soared in the first half of the year as the region became mor

More…
 1 2 3 4 5 >  Last ›

calendarCalendar of Events

Ads