Abu Dhabi Securities Exchange net foreign investments $7million in July 2017
August 7, 2017--Foreign investors' purchases in July 2017 reached AED1.391 billion at Abu Dhabi Securities Exchange, ADX, accounting for 42.5 percent of total buy trades, whereas their sales stood at AED1.365 billion, comprising 41.7 percent of total sell trades, bringing to AED26 million the net foreign investments in July, with net institutional investments in the same month amounting to AED 254.5 million.
Saudi market gains, but Samba drops on Q2 results
August 7, 2017--Saudi stocks edged up in early trade, with gains kept in check by sharp declines in the local market's third largest bank after it reported a slight dip in second quarter profit.
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Saudi stocks get a boost from banking sector
August 7, 2017-- Saudi Arabia's stock market edged up on the back of modest gains in the banking sector on Sunday while Egypt imitated world markets' strong finish at the end of last week. Most other Middle Eastern bourses fell.
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Front-liners gain further momentum in strong Dubai markets
August 3, 2017--Buying in front-line stocks boosted the Dubai index, which extended gains for another session on Thursday even as traders continue to ignore small stocks.
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Foreign investments at UAE stock markets hit $29billion in July
August 3, 2017--The market capitalisation of foreign shares at UAE stock markets continued their rising streak for the second month running, surging to AED104.5 billion during July, a growth of 5.5 percent over the month of June.
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Market round-up: Bank earnings push up UAE markets, Saudi gains pared
August 2, 2017--A better-than-expected set of results from UAE banks helped to push up markets in Abu Dhabi and Dubai during July, in what was a mixed month for local stock exchanges during the traditional summer lull.
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Iraq in market to raise $1billion, first standalone bond in over decade
August 2, 2017--Iraq started marketing a $1 billion bond on Wednesday, its first international debt issuance as a standalone credit since 2006 and an attempt to put decades of turmoil behind it.
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Dubai may shine in otherwise dim region
August 1, 2017-- Dubai's stock market may follow global shares higher and continue to outperform regional counterparts on Tuesday, while Saudi Arabia's index may stall because of uninspiring quarterly results.
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DGCX sees single stock futures reach all-time high
August 1, 2017--The Dubai Gold and Commodities Exchange (DGCX) saw single stock futures reach an all-time high, trading an average daily volume of over 10,000 lots for the first time.
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Saudi snaps losing streak as Qatar rocked by GIS's poor results
August 1, 2017--Qatar's GIS slumps on huge profit miss
Doha down for fifth straight session
Saudi's Ma'aden up after doubling of Q2 profit
Banks strong, Reuters poll finds managers favour sector
Dubai's Arabtec up on new project award
Saudi Arabian shares snapped a six-session losing streak on Tuesday while Qatar's market fell, hit by a slump in an oil drilling service provider after it barely broke even in the second quarter.