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Mideast Stocks: Financial shares lift most major Gulf markets
August 20, 2019--Major Gulf stock markets rose in early trade on Tuesday, buoyed by financial shares amid steady oil prices on optimism that U.S.-China trade tensions could ease and stimulus measures by major economies to counter a possible global economic slowdown.
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Mideast Stocks: Gulf markets mixed but Saudi outperforms on banks
August 19, 2019--Saudi Arabian stocks were lifted on Monday as most of its banking shares rose amid rising oil prices,while other Middle Eastern bourses in the region were lacklustre.
Crude oil prices rose following a weekend attack on a Saudi oil facility by Yemeni Houthi forces and as traders looked for signs of progress in U.S.-China trade negotiations.
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Mideast Stocks: Saudi stocks pressured by banks, Industries Qatar lifts Doha
August 18, 2019-- Saudi shares ended lower on Sunday, hit by weakness in banking stocks, while the Qatari index snapped a three-day losing streak as Industries Qatar's rebounded after steep declines on its first-half results.
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Mideast Stocks: Gulf stocks slide amid mounting fears of global slowdown
August 15, 2019--Most Middle East stock markets dropped on Thursday as disappointing economic signals from China and Europe coupled with an inverted U.S. bond yield curve stoked fears that the global economy was hurtling toward recession
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Mideast Stocks: Most major Gulf markets open higher after Eid break
August 14, 2019--Most major Gulf markets traded in positive territory on Wednesday after the Eid holiday, taking their cue from global equity markets which rose after Washington delayed tariffs on some Chinese imports.
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Market-Most major Gulf markets gain, Abu Dhabi bucks the trend
August 8, 2019--Saudi Arabian stocks gained on Thursday as oil prices rose,while most Gulf markets recovered from a recent sell-off.
Oil futures rose more than $1 a barrel on Thursday, recovering half the nearly 5% lost the day before, on expectations that lower prices may lead to production cuts.
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Saudi Tadawul to start last phase of MSCI inclusion on August 28
August 8, 2019--The Saudi Stock Exchange (Tadawul) will start the second and last phase of MSCI inclusion on Wednesday, 28 August, based on closing prices of 27 August, according to MSCI Equity Indexes August 2019 Index Review issued late Wednesday.
The inclusion will increase the weight of Saudi Arabian securities from 1.45% to 2.83% in the MSCI Emerging Markets Index.
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Mideast Stocks: Gulf markets bounce back as trade war simmers down
August 7, 2019--Gulf stocks rebounded from their recent losses on Tuesday as markets' renewed fears about an escalating global trade war eased, with Beijing stepping in to stabilise the yuan and Washington dismissing fears of a lengthy trade war with China.
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Mideast Stocks: Major Gulf markets sag on escalating U.S.-China trade war
August 6, 2019--Major Middle Eastern stock markets fell on Tuesday, led lower by financial stocks and mirroring losses in global markets triggered by the U.S. calling China a currency manipulator in a rapid escalation of the trade war between the two countries.
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Mideast Stocks: Trade war rattles Gulf stocks, Qatar slips to worst day in two years
August 5, 2019--Gulf stock markets tumbled on Monday and Qatar suffered its biggest single-day loss as a new war of trade between the United States and China drove investors towards safer assets.
Investors are also cashing in their positions ahead of a religious holiday starting from Sunday.
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