Middle East ETF News Older than One Year


BlueStar Israel Equity Update: December 2015

"Not much to be thankful for"
December 4, 2015--Israeli Global Equities, as measured by BIGI®, declined in November, after staging a strong rebound in October.
BIGI® declined 1.09% in November, underperforming both US and European markets, but outperforming Emerging Markets.

Only two of the 10 sectors tracked by BIGITM rose during the month. Financials were the worst performing sector due to muted earnings and outlooks for the major banks and pending regulatory changes that will force them to divest of their highly profitable credit card operations.

view more Source: BlueStar Indexes


Oil's tumble may dampen Gulf; Egypt may test resistance

December 3, 2015--A fresh tumble of oil prices overnight looks likely to dampen Gulf stock markets,

while Egypt may continue testing technical resistance.

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Source: Zawya.com


Markets to consolidate before OPEC meeting

December 2, 2015--Middle East stock markets look set to consolidate, possibly with a slight downward bias due to modest volumes and a lack of

fresh buying interest, as Friday's OPEC meeting approaches.

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Source: Zawya.com


Gulf markets mixed, focus on MSCI changes

November 30, 2015-Gulf stock markets were mixed in quiet early trade on Monday with activity focusing on changes in MSCI index constituents.

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Source: Zawya.com


New Islamic cross currency swap standard published

November 27, 2015--The International Swaps and Derivatives Association (ISDA) and the International Islamic Financial Market (IIFM) have published a new Islamic hedging product standard, the ISDA/IIFM Himaayah Min Taqallub As'aar Assarf (Islamic Cross Currency Swap) for use in Islamic hedging transactions.

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Source: tradearabia.com


Gulf markets mixed in opening minutes

November 26, 2015--Gulf stock markets were mixed in the opening minutes of

trade amid a lack of fresh corporate news to spur buying.

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Source: Zawya.com


Saudi may test chart barrier, most markets to consolidate

November 25, 2015--Saudi Arabia's stock market may test technical resistance on Wednesday but most Middle Eastern

bourses look set to consolidate in the absence of positive corporate news.

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Source: Zawya.com


Gulf mixed in thin trade, Arabtec flat

November 24, 2015--Gulf stock markets were mixed in thin trade early on

Tuesday as a management change at Dubai builder Arabtec failed to boost the stock.

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Source: Zawya.com


Egypt: Egypt's Stock Market Dips Amid Heavy Selling

November 23, 2015--The Egyptian stock exchange dropped on Monday,

reversing a climb in the first few minutes of trading, with retreats across its three main indices.

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Source: AllAfrica.com


Oil, global markets to weigh on Gulf

November 23, 2015--Weak oil prices and global markets look set to weigh on Gulf bourses on Monday and may cut

short a rebound in Saudi Arabia.

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Source: Zawya.com


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