Middle East ETF News Older than One Year
Mideast Stocks: Geopolitical concerns continue to weigh on Saudi, Egypt extends losses
June 24, 2019--Saudi Arabia's stock market fell sharply on Monday to drop for a fourth straight session as geopolitical concerns in the Gulf region weighed, while Egypt's blue-chip index also extended its losing streak.
Source: Zawya.com
Mideast Stocks: Saudi leads major Middle East markets lower as regional tensions worsen
March 23, 2019--Middle Eastern stock markets fell on Sunday, led by Saudi Arabia, as political tensions ramped up after U. S. President Donald Trump announcing new sanctions on Iran.
Source: Zawya.com
Mideast Stocks: Saudi shares fall as U.S.-Iran tensions worsen; real estate lifts Dubai
June 20, 2019--The Saudi index, which fell the day before, dropped another 1.3%, with most of its banking shares sliding
Saudi Arabia's stock market fell on Thursday amid escalating tensions in the Middle East after a U.S. drone was shot down by Iranian missile, while Dubai rose on back of its real estate shares.
Source: Zawya.com
Mideast Stocks: Most of Gulf rises as oil rallies but Saudi extends losses
June 20, 2019--Most major Gulf markets rallied for the third straight session on Thursday as oil prices rose, and rekindled U.S-China trade talks also cheered investors mood, while Saudi extended losses on worsening regional geopolitical tensions.
Oil prices rose by more than 3% to above $63 a barrel after Iran shot down a U.S. military drone, raising fears of a military confrontation between Tehran and Washington.
Source: Zawya.com
Mideast Stocks: All major Gulf markets rise
June 19, 2019--The Abu Dhabi index was up 0.9%, while the Saudi index rose 0.2%
Major Gulf markets rose on Wednesday, mostly lifted by financial stocks amid rising oil prices, while Qatar was boosted by its blue-chip shares.
Source: Zawya.com
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.
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.
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.
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.
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.
Source: Zawya.com
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