Middle East ETF News Older than One Year
Gulf shares likely supported by positive global backdrop
November 17, 2015--Gulf shares may garner some support on Tuesday as oil steadies despite oversupply fears and
as sentiment recovers in global equities.
Source: Zawya.com
Global markets brace for short-term hit after Paris attacks
November 15, 2015--Global stocks are set for a short-term sell-off on Monday after Islamist militants launched
coordinated attacks across Paris that killed 129 people.
Source: Zawya.com
Egypt: Standard and Poor's Downgrades Egypt's Outlook, Expects Growth Supported By 'Broad Political Stability'
November 15, 2015--American financial services company Standard & Poor's downgraded Egypt's outlook from "positive to stable," and expects a continued "gradual" economic recovery
but also the persistence of "external imbalances".
Source: AllAfrica.com
Gulf markets mixed, weak earnings weigh
November 12. 2015--Gulf stock markets were mixed in early trade on Thursday
though weak quarterly earnings weighed on some shares.
Source: Zawya.com
The Tel Aviv Stock Exchange will Launch the TA-25 Net Dollar Index as of November 15, 2015
November 11, 2015-The TA-25 Net Dollar Index has been designed specifically as an underlying benchmark for a large ETF provider
The board of directors of the Tel Aviv Stock Exchange (TASE) approved the launch of a new index-TA-25 Net Dollar, which will be published as of November 15. The new index is a dollar version of the TA-25 Index, with a net total return. The Index will be calculated at the end of every day, according to the closing prices of the shares comprising the index.
Source: Tel Aviv Stock Exchange (TASE)
Arabtec drags down Dubai after Q3 loss; rest of Gulf soft
November 11, 2015--Dubai's stock index fell in early trading on Wednesday,
dragged down by construction company Arabtec after it reported a big third-quarter loss, while other Gulf markets were soft.
Source: Zawya.com
Egypt: Egyptian Stock Market Plunges Amid Heavy Selling
November 10, 2015--The Egyptian stock market dived on Tuesday for the third day in a row with the benchmark index
EGX 30 dropping by 4.4 percent.
Source: AllAfrica.com
Austerity worries hit Qatar market, Egypt tumbles on FX fears
November 10, 2015--Gulf markets fell on Tuesday, with Qatar hit by concern
about looming austerity policies.
Source: Zawya.com
Gulf may be sluggish, Egypt may stay weak on FX worries
November 10, 2015--Gulf stock markets look set to trade sluggishly on Tuesday because of soft global markets,
while foreign exchange worries may continue to weigh on Egypt.
Source: Zawya.com
Gulf markets to consolidate amid oil, rate worries
November 9, 2015--Gulf stock markets look set to consolidate on Monday
because of expectations that the U.S. central bank will begin hiking interest rates.
Source: Zawya.com
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