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Saudi market unimpressed by imminent NCB going public
September 22, 2014--The Tadawul All-Share Index on Monday, September 22, lost 1.23 per cent to 10,874.82 points.
Earlier on late Sunday, the capital market authority gave green light for the country’s largest lender National Commercial Bank (NCB) IPO which is poised to be the second largest IPO in 2014 after Alibaba.com, analysts said.
Manama market regains ground
September 22, 2014--The Bahrain All-Share Index added 0.10 per cent to reach 1,470.74 points on Monday, September 22.
Banks were the stabilising force, while services lost the most. Islamic bank Ithmaar jumped 8.82 per cent, finishing at $0.185.
Lack of catalysts lead Qatar exchange slightly down
September 22, 2014--The QE 20 index dipped by 0.13 per cent, finishing at 14,117.77 points on Monday, September 22.
Qatar National Bank added 0.50 per cent to hit QAR209. Cinema lost the most (off by 2.33 per cent to QAR48.10).
Palestine Exchange on FTSE Frontier Market Watch List
September 21, 2014--FTSE group announced today that the FTSE Governance Board has ratified the recommendation from the FTSE country classification committee and the policy group that Palestine be placed on the FTSE watch list
for possible promotion to frontier market status within FTSE equity indices.
Dubai market index back above 5,000
September 15, 2014--The DFM General Index ended up by 0.54 per cent to reach 0.61 per cent higher at 5,018.11 points on Monday, September 15.
Commercial Bank of Dubai or CBD gained the most.
Kuwait stock exchange edges up
September 15, 2014--The KSE Market Index advanced by 0.63 per cent, finishing at 7,544.08 points on Monday, September 15.
National Petroleum Services Company recorded the biggest leap upwards, ending 8.77 per cent higher at KD0.620. Kuwait Reinsurance Company fell by 6.67 per cent to KD0.140.
Ithmaar Bank rises on subsidiary project
September 15, 2014--The Bahrain All-Share Index slipped 0.06 per cent to 1,466.18 points on Monday, September 15. Islamic bank Ithmaar jumped 3.13 per cent to hit $0.165.
On Sunday, the bank's subsidiary,Ithmaar Development Company, said work has begun on the primary substation serving the landmark Dilmunia at Bahrain Health Island,with the awarding of a supply...
Saudi investors cash in on Tadawul rally
September 11, 2014--Profit takings took the market index TASI down by 0.57 per cent to 11,063.14 points on Thursday, September 11.
The gauge gained 33.35 per cent since January 1 2014.
Qatari shares end mixed, QNB eyes QAR210.
September 11, 2014--The Doha-based Qatar Exchange 20 Index closed 0.14 per cent higher at 14,088.82 points on Thursday, September 11.
The country's first lender Qatar National Bank closed 1.86 per cent higher at QAR207.80.
Bargain hunters lift Dubai market
September 11, 2014--The Dubai Financial Market General Index (DFMGI) hit a three-week low yesterday, the gauge rebounded by one per cent to reach 4,961.03 points on Thursday, September 11.
Earlier in the week, US chart guru Ralph Acampora said at the Euromoney Kuwait conference that he expects a strong fourth quarter for stock markets "as midterm election"..
