Mideast Stocks: Saudi stocks slide as funds turn bearish
August 28, 2019--Saudi Arabia's stock market fell sharply on Wednesday with all its banking shares dropping as receding fund inflows dampened investor appetite on a day when second phase of Saudi stocks joined the MSCI emerging markets index.
Source: Zawya.com
Mideast Stocks: Banks lead Saudi lower, UAE extends gains
August 27, 2019--Saudi Arabia's shares gave up early gains on Tuesday as banks led the index lower, while markets in the United Arab Emirates extended gains after a recent sell-off made stock valuations more attractive to investors.
Source: Zawya.com
Mideast Stocks: Saudi stocks up ahead of MSCI entry, fund inflows boost Qatar, UAE
August 27, 2019--Saudi Arabian stocks closed higher on Tuesday as investors bought ahead of the addition of more Saudi stocks to the MSCI emerging markets index, while the United Arab Emirates and Qatar markets also gained.
Source: Zawya.com
Mideast Stocks: Saudi inches up as trade tensions ease, cheaper valuations lift UAE
August 26, 2019--Saudi Arabia's stocks bounced back from earlier losses on Monday with the United States and China seeking to soothe trade tensions, while markets in the United Arab Emirates rose after recent sell-offs made stock valuations more attractive.
Source: Zawya.com
Mideast Stocks: Saudi drops further as trade war intensifies
August 26, 2019--Saudi Arabia's stocks dropped further on Monday after suffering their biggest single-day loss in three and a half months in the previous session as global trade jitters kept the market on the backfoot.
Source: Zawya.com
Mideast Stocks: Saudi inches up as trade tensions ease, cheaper valuations lift UAE
August 26, 2019--Saudi Arabia's stocks bounced back from earlier losses on Monday with the United States and China seeking to soothe trade tensions, while markets in the United Arab Emirates rose after recent sell-offs made stock valuations more attractive.
Source: Zawya.com
Mideast Stocks: Banks drag Saudi market lower amid uncertainty over Fed policy
August 22, 2019--Saudi Arabian stocks were dragged lower by declining financial stocks on Thursday amid uncertainty over Federal Reserve policy following the release of minutes from the Fed's July meeting, while other Gulf markets were mixed.
Source: Zawya.com
Mideast Stocks: Most major Gulf markets fall, banks weigh on Saudi inde
August 21, 2019--Most major Gulf stock markets fell on Wednesday, with Saudi banking shares pushing that index down the most, amid rising regional geopolitical tensions and ahead of U.S. Federal Reserve events.
Source: Zawya.com
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.
Source: Zawya.com
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.
Source: Zawya.com