Middle East ETF News Older than One Year


Mideast Stocks: Abu Dhabi outperforms as most Gulf markets gain but Saudi retreats

June 19, 2019--Abu Dhabi stocks outperformed Gulf markets on Wednesday buoyed by financial stocks, while Saudi snapped two days of gains pressured by banking shares.
Last week's attacks on tankers in the Gulf of Oman raised fears of confrontation in a vital route for global oil supply and heightened tensions between Iran and the United States.

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Source: Zawya.com


Mideast Stocks: Saudi extends gains; other major Gulf markets slip

June 18, 2019--The Saudi index was up 0.4% in early trading, but other major stock markets in the Gulf fell
Saudi stocks rose for a second straight day on Tuesday, continuing to recover after falling last week following attacks on oil tankers in the Gulf of Oman.
Investor concerns have eased somewhat after both Tehran and Riyadh said they did not want a war, but tensions in the region remain high, making stock trading potentially volatile.

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Source: Zawya.com


Mideast Stocks: Emirates NBD boosts

June 18, 2019--Dubai, all major Gulf markets gain
Major stock markets in the Gulf rose on Tuesday, led by financials including Emirates NBD in Dubai.

Markets have steadied after falling late last week following attacks on tankers in the Gulf of Oman on Thursday. The attacks raised fears of a military confrontation in a vital shipping route for global oil supply and heightened tensions between Iran and the United States, which have been in a standoff over Iran's nuclear programme.

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Source: Zawya.com


Mideast Stocks: Saudi snaps losing streak, other Gulf markets mixed

June 17, 2019--The Saudi market rose moderately on Monday, recovering some losses from previous sessions with most of its stocks gaining. Other indexes in the Gulf were mixed with Abu Dhabi and Qatar extending losses following last week's oil tanker attacks.

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Source: Zawya.com


Mideast Stocks: Banks lift Saudi stocks; other major Gulf markets mixed

June 17, 2019--The Saudi index gained 0.4%. Al Rajhi Bank rose 0.6% and National Commercial Bank gained 0.3%
Saudi Arabia's stock market rebounded on Monday, led by its banking shares, while other major Gulf stocks were mixed after last week's oil tanker attacks.

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Source: Zawya.com


Monthly markets review: MENA markets plunge in May; Saudi stocks worst hit

June 13, 2019--Stock markets in the region dropped sharply in May as a plunge in oil prices and global markets weighed on investor sentiment. Trading activity was mainly subdued during the holy month of Ramadan.
The aggregate stock market index of the six Gulf Cooperation Council (GCC) countries + Egypt dropped 2.76 percent during the 31-day period.

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Source: Zawya.com


Mideast Stocks: Major Gulf markets slide after suspected attack on tankers

June 13, 2019--All major Gulf stock markets dropped on Thursday after suspected attacks on tankers in the Gulf of Oman, with a missile strike by Yemen's Houthi rebels on a civilian airport in southern Saudi Arabia also weighing on risk sentiment.
Two tankers were hit in the suspected attacks and their crews were evacuated, shipping sources said. Four tankers in the region were struck in a similar incident a month ago.

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Source: Zawya.com


Mideast Stocks: Banks bolster Saudi, financials drag Abu Dhabi

June 12, 2019--Saudi Arabia's stock market rose sharply for the fourth session on Tuesday, boosted mainly by its banking shares on expectations of further capital inflows, while Abu Dhabi was weighed down by financials.
The Saudi index was up 1.6% with all its banks gaining. Al Rajhi Bank added 1.5% and National Commercial Bank climbed 3.3%.

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Source: Zawaya.com


Mideast Stocks: Oil price fall, renewed global woes weigh on Gulf stocks

June 12, 2019--Saudi's index was down 0.3% in early trading with Al Rajhi Bank dropping 0.8%
All major Gulf markets dropped on Wednesday, mostly with financial sector shares taking a hit from falling oil prices and renewed weakness in global equity markets.

Oil prices fell nearly 2% on Wednesday, weighed down by weaker demand outlook and a rise in U.S. crude inventories despite growing expectations of ongoing OPEC-led supply cuts.

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Source: Zawya.com


Mideast Stocks: Saudi continues winning streak, other Gulf markets mixed

June 12, 2019--Dubai ends four-day winning streak
Saudi Arabia's stock market rose for a fifth straight session on Wednesday as nearly all its banks gained, while other major Middle Eastern markets were mixed.
Saudi's index closed 1.1% higher with National Commercial Bank, the country's largest lender, gaining 2.7% and Al Rajhi Bank adding 1%.

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Source: Zawya.com


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Americas


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March 31, 2025 Crossmark ETF Trust files with the SEC-Crossmark Large Cap Growth ETF and Crossmark Large Cap Value ETF
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