Gulf Stocks

  Bloomberg Stocks in Dubai and Saudi Arabia led a drop in Gulf equities following a slump in the price of oil stoked by fading prospects for an output deal between major producers. The DFM General Index and Tadawul All Share Index both declined 0.6 percent on Sunday, with the Saudi gauge posting its fourth loss in five sessions as ...

  Reuters Stocks in the Gulf rallied on Thursday, taking their cue from global shares after the Federal Reserve left U.S. interest rates unchanged and indicated a slower pace of future hikes. Dubai’s main index was the top gainer among its regional peers, jumping 2.0 percent in the most active trade of the week as nine-tenths of the traded shares ...

  Reuters Bourses in the Gulf were mixed on Wednesday with Saudi Arabia’s bourse supported by the petrochemical sector while Egypt lost steam as local and regional funds exited positions. Saudi Arabia’s index rose 0.4 percent in moderate trade as Brent prices firmed over $46 a barrel. Saudi Basic Industries, the petrochemical heavyweight, climbed 0.9 percent. The insurance sub-index, usually ...

  Reuters Qatar’s equity index climbed on Tuesday as passive funds flowed into shares now included in FTSE’s secondary emerging market index while other Gulf markets sagged. Doha’s index rose 1.0 percent, recouping some of the percent losses from the previous session. Passive funds will flow into 22 shares from Tuesday, and the stocks will continue to be bid up ...

  Reuters Stock markets in the Gulf diverged in early trade on Monday, with Qatar’s index pulling back ahead of the inclusion of some companies in FTSE’s secondary emerging market index, while Dubai advanced as global risk sentiment improved. Qatar’s index retreated 1.8 percent, wiping out Sunday’s 0.4 percent gain. Nine-tenth of the shared that were trading declined. Shares in ...

  Bloomberg Saudi Arabian stocks declined the most in the Gulf as the kingdom’s equities traded for the first time in a week, tracking a selloff across developing nations as investors weigh the chances of a U.S. interest rate increase this year. The Tadawul All Share Index dropped 1.9 percent on Sunday as it reopened after a week-long religious holiday. ...

  Bloomberg United Arab Emirates stock markets fell in thin early trade on Thursday as they reopened after long Eid al-Adha holidays. During the time the bourses were closed between Sunday and Wednesday, oil prices and global equities dropped steeply, leaving few positive incentives for Gulf investors. Many investors remained on holiday on Thursday, the last day of the working ...

  Riyadh / Reuters Petrochemical shares supported Saudi Arabia’s stock index on Thursday, benefiting from a bounce-back in crude oil prices, while Qatar underperformed as investors sold shares which had risen over the past month. Trade in some markets was thinned by the fact that Middle Eastern bourses will close for Eid al-Adha holidays during all or much of next ...

  London / AFP Stock markets in the Gulf were mixed in quiet early trade on Wednesday as some investors stayed away from the bourses ahead of market closures next week for Eid al-Adha holidays. Riyadh”s main index was down 0.2 percent in the first hour. Emaar the Economic City rose 2.9 percent after it said on Wednesday that an ...

  Dubai / Reuters Gulf stock markets were mixed in quiet trade on Tuesday as Riyadh’s bourse pulled back after rising sharply on the previous day, when Saudi Arabia and Russia said they would cooperate to support oil prices. Riyadh’s stock index gained early on Tuesday but closed 0.2 percent lower at 6,190 points, failing a test of technical resistance ...