Middle East ETF News Older than One Year
Qatar Exchange Roundup: QE rebounds, index back to pre-Eid vacation levels
November 3, 2013--Supported by blue chip stocks, Qatar Exchange's ( QE ) market capitalisation increased by QR10.6bn to QR533.1bn last week.
Total trade dropped by 3.3 percent to QR1.45bn, with the presence of special deals between more than one company.
The benchmark index rose by 185 points, up1.92 percent to reach 9837.5 points. The all-share indexes rose by 43.7 points or 1.80 percent to 2466.7
Source: Zawya
TASE Opens Supersectors
October 30, 2013--In recent years the Tel Aviv Stock Exchange (TASE) has endeavored to realize its high tech vision of developing TASE as an international center for the listing and trading of tech and "biomed" companies.
Some 135 high tech companies currently trade on TASE. As part of the implementation of this strategic vision, TASE industrial classifications have been adjusted to those accepted by index vendors and data disseminators worldwide, facilitating the comparison between markets. In addition, four supersectors have been defined: High Tech; Finance, Real and Financial Instruments. Based on their sectoral classification, TASE-listed companies will be classified according to these supersectors as well.
Source: Tel Aviv Stock Exchange (TASE)
MSM stays range bound on cautious trading
October 30, 2013--Regional markets ended mixed while limited participation from cautious investors saw another day of range bound trading on the Muscat Securities Market, as the general index inched up 0.11 per cent before closing at 6,663.72.
Trading activity fell below Tuesday's levels as a total of 1,900 trades were executed for the day, generating a turnover of RO9.72mn, while 33.58mn shares were exchanged over the counters. Market breadth stood in favour of advancers as of the 52 securities traded for the day 19 advanced while nine declined and 24 stocks remained unchanged.
Source: Zawya
KSE index gains, inches closer to 8,000 mark
October 30, 2013--Kuwait Stocks closed up Tuesday inching closer to the 8,000 mark with a 0.2% change.
The index climbed to 7,954.9 points. A total of 318.4 million shares changed hands. The market began with a dip Tuesday, as profit bookings continued from previous days' selling sentiments.
Source: Zaywa
Saudi retail stocks prolong slide
October 30, 2013--The Saudi stock market continued its downward momentum and fell for a third consecutive session Tuesday.
Saudi Arabia's benchmark stock index (TASI) tumbling more than one percent and trimming back the 8,000-mark finished at 7,972.59 points.
Source: Zawya
UAE shares fall on profit-taking
October 29, 2013--UAE shares failed to hold on to its rally on Monday as investors booked profits.
Dubai's DFM index fell 0.38 per cent to 2912.83 points, after touching a five-year high on Sunday.
The index hit an intraday high of 2935 points and a low of 2902.38 points on Monday.
Source: Gulfnews.com
Small caps back in favour as MSM closes flat
October 29, 2013--Small caps gained investor interest as trading activity improved significantly on the Muscat bourse while the general index traded range bound before closing at 6,656.40.
A total of 2,374 trades were executed for the day generating a turnover of RO13.58mn while 51.40mn shares were exchanged over the counters. Market breadth stood in favour of advancers as of the 54 securities traded for the day 20 advanced while eight declined and 26 stocks stood unchanged.
Source: Zawya
Small caps back in favour as MSM closes flat
October 29, 2013--Small caps gained investor interest as trading activity improved significantly on the Muscat bourse while the general index traded range bound before closing at 6,656.40.
A total of 2,374 trades were executed for the day generating a turnover of RO13.58mn while 51.40mn shares were exchanged over the counters. Market breadth stood in favour of advancers as of the 54 securities traded for the day 20 advanced while eight declined and 26 stocks stood unchanged. view more
Source: Zaywa
Retail stocks tumble 2.34%
October 29, 2013--Saudi Arabia's benchmark Tadawul All-Share Index (TASI) passed through a lean session Monday, shedding more than 66 points.
The index fell to 8,059.21 points, showing a further reduction of 0.81 percent for the entire day. It plunged to a maximum 80 points from the level of opening bell yesterday. On year-to-date basis, it showed a yield of 18.5 percent.
Source: Arab News
Qatar Exchange Roundup: Results fail to lift QE index
October 27, 2013-The week witnessed the disclosure of 14 listed companies of their results for the nine months, which showed a decline in the profits of Industries Qatar (IQ), Qatar Islamic Bank (QIB), Doha Insurance and QCFS. Doha Bank and National Cement (QNCD) showed stability in their profits.
Eight companies recorded an increase in profits, notably Qatar Insurance and Gulf International, Medicare (MCGS) and Salam International (SIIS), as General Insurance showed big jump in its profits due to the increase in fair value of investment in real estates.
Source: The Pennisula
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