| Mideast Stocks: Saudi bourse falls on oil; Qatar gains
November 10, 2024--Saudi Arabia's benchmark index fell 0.2% in a choppy trade |
| Saudi Arabia's benchmark index <.TASI> fell 0.2% in a choppy trade, hit by a 4.6% fall in ACWA Power Company <2082.SE> and a 3.3% decline in Saudi Arabian Mining Co <1211.SE>. Oil prices-a catalyst for the Gulf's financial markets- settled more than 2% lower on Friday as traders grew less fearful of prolonged supply disruptions from a hurricane in the U.S. Gulf of Mexico, while China's latest economic stimulus packages failed to impress some oil traders. |
| Indxx US Infrastructure Index Licensed by KSM Mutual Funds Ltd. for an Index Tracking Fund September 2, 2025--Indxx is pleased to announce the licensing of their Indxx US Infrastructure Index to KSM Mutual Funds Ltd. The index will serve as the underlying benchmark for KSM KTF (4A) Indxx US Infrastructure Currency Hedged (Tel Aviv: 5133434) |
| Lunate Launches Boreas Solactive Quantum Computing UCITS ETF, the First Thematic ETF to List on ADX, Tracking the Solactive Developed Quantum Computing Index September 1, 2025--Solactive is pleased to announce its first collaboration with Lunate, an Abu Dhabi-based global investment management firm, with the launch of the Boreas Solactive Quantum Computing UCITS ETF, which tracks the Solactive Developed Quantum Computing Index. The ETF will become the first thematic ETF to list on ADX (Abu Dhabi Securities Exchange), marking a significant milestone in the expansion of local investment offerings. |