Middle East ETF News Older than One Year
Gulf falls on oil, Greece; Dana Gas continues surge
July 7, 2015--While Dubai's stock index slid 0.9 percent,
Abu Dhabi edged up 0.1 percent
Source: AMEInfo
-BlueStar Israel Equity Update June/July 2015-Israeli Global Equities Impacted by Global Market Turmoil
July 7, 2015--Israeli global equities, as measured by BIGI(R), traded sideways for most of June before falling sharply in sympathy with global equities as the Greek crisis reached a crescendo during the last three trading days of the month. Nevertheless, the index outperformed most developed and emerging markets in June.
BIGI(R) declined 1.25% in June, closing at 300.36, and now stands 2.98% below the all-time high reached in April. June economic data pointed to moderate economic growth, though at a level well-below forecasts at the beginning of the year.
Source: BlueStar Indexes
Palestine Exchange-Investor Monthly Newsletter Issue #63, June 2015
July 6, 2015--The Palestine Exchange-Investor Monthly Newsletter Issue #63, June 2015 is now available.
Source: Palestine Exchange(PEX)
MIDEAST STOCKS-Egypt sinks as Emaar Misr listing disappoints; Gulf mixed
July 5, 2015--Emaar Misr moves little from IPO price
Cairo index enters important technical support area
Almarai strong in Saudi after Q2 earnings
Drake & Scull surge on after easing ownership curb
Dana Gas soars after reports on Kurdistan ruling
Egypt's stock market maintained its downtrend on Sunday as a weak debut by Emaar Misr, the biggest listing since 2007, further hurt sentiment.
GCC economic activity fell by just under 30 per cent during in H1 of 2015
July 2, 2015--Project awards, mergers and acquisitions activity, and company earnings are all down by close to 30 per cent
Average daily oil prices down by 46.9 per cent during first half of 2015
Investor confidence has been subdued this year. Economic activity in the GCC fell by just under 30 per cent during the first half of 2015, according to three key metrics.
Source: Dubaichronicle.com
Egypt falls on security worries; Saudi market flat
July 2, 2015--Egypt market slid 0.5 per cent to 8,333 points while Saudi index edged down 0.1 per cent.
Source: AMEInfo
Egypt's Economic Growth Slows to Three PCT in Third Quarter of Past Fiscal Year
July 2, 2015--Egypt's gross domestic product growth dropped to 3 percent during the third quarter of the fiscal year 2014/2015,
the Planning Ministry announced on Thursday.
Source: AllAfricanews.com
Dubai and Saudi Arabia's stock indices drop after Kuwait terrorist attack
July 1, 2015--Dubai's index dropped by 2.1 per cent at 4,055.97,
while Saudi Arabia's stock market index slumped by 2.2 per cent.
Source: AMEInfo.com
Mideast funds bullish on UAE, Egypt, downgrading Turkey
June 30, 2015--Middle East fund managers have returned to favoring United Arab Emirates stock markets because of more attractive valuations, while cutting allocations to Turkey because of political uncertainty there, the latest monthly Reuters survey shows.
The survey of 15 leading managers, taken over the past 10 days, found 33 percent now expect to increase allocations to UAE equities over the next three months, while 7 percent expect to cut them.
Source: Today's Zaman
Saudi rebounds slightly, Egypt stays weak
June 24, 2015--The market opened to direct foreign investment on June 15 but inflows since then have been minimal and the latest exchange data
showed there was no change to this pattern on Monday.
Source: AME Info
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