Middle East ETF News Older than One Year
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
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.
Source: Zawya.com
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
Source: Zawya.com
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.
Source: Zawya.com
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.
Source: Zawya.com
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.
Source: Zawya.com
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