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Gulf mkts may falter as oil slump persists; Egypt more upbeat
December 15, 2015--Gulf markets face further declines as oil prices remain anchored near seven-year lows, while
Egypt stocks may be supported by new monetary and fiscal policies targeting economic growth.
Markets gloomy as Brent dips below USD38
December 14, 2015--Middle East markets may deepen losses on Monday as
investors wait for governments to announce their annual spending plans.
Markets face renewed sell-off; oil below $40 saps risk appetite
December 13, 2015--Middle East markets face further sell-offs on Sunday by both foreign and regional investors
after oil prices slid to near 11-year lows.
PEX the Only Exchange in the Green Area
December 13, 2015--Al Quds index was the best performer in comparison with other regional indices upto November 30, 2015, PEX general
Index closed at 520.30 points (up 1.67%) making PEX the only exchange in the green while other regional exchanges stayed in the red.
Dubai, Qatar slip; Abu Dhabi more resilient
December 10, 2015--Abu Dhabi's index rose slightly while Qatar and Dubai again fell in thin trade on Thursday as
foreign investors reduced their exposure to Gulf markets.
The Saudi Stock Exchange (Tadawul) and Algiers Stock Exchange Sign Cooperation Agreement
December 9, 2015--The Saudi Stock Exchange (Tadawul) and Algiers Stock Exchange have entered into a Memorandum of Understanding (MoU),
during the eleventh Saudi Algerian Joint Committee meeting held in the capital Riyadh on Wednesday 9th of December 2015.
Trading volumes increase by 41% as DGCX celebrates 10th anniversary
December 9, 2015--Trading volumes increase by 41$ as DGCX celebrates 10th anniversary
Overall monthly volume Growth of 41% in November 2015 over November 2014
Indian Rupee futures accounts for 31% of exchange traded volumes globally
Hydrocarbons segment grew by 72% in volumes over 2014
Exchange to launch Spot Gold contract on December 14 and Chinese Renminbi Futures on December 18, 2015
Crude may continue to depress Gulf markets
December 9, 2015--Middle East bourses may remain subdued as concerns over an oil supply glut continued to weigh on
prices, meaning traders could sit out awaiting positive catalysts to buy back into the market.
UAE expects 3 to 3.5 per cent GDP growth in 2015 and 2016
December 8, 2015--Abu Dhabi set to grow nearly 5.2 per cent while Dubai will
clock 4 per cent.
UAE, Qatar mkts fall in broad sell-off; Dubai hits 2015 low
December 8, 2015--Markets in Qatar and the United Arab Emirates slid in a broad sell-off as most buyers await
signs the bourses have bottomed out before committing more cash.
