Gulf Stocks

  Dubai / Reuters Saudi Arabia’s stock market posted its biggest daily gain in four months on Monday as oil prices surged, while shares of Dubai’s property developers rose before a major exhibition for the industry this week. Riyadh’s stock index rose 1.7 percent to 6,204 points, and trading volume grew by more than half, as Brent crude futures jumped ...

  Bloomberg Saudi Arabian stocks led advances across most Gulf markets as investors speculated companies in the kingdom stand to benefit if oil-producing nations agree an output freeze. The Tadawul All Share Index added 1.3 percent to 6,099.03 on Sunday in Riyadh, with Al Rajhi Bank contributing the most to the gain. Bloomberg’s index of the largest and most liquid ...

  Dubai / Reuters Qatar’s main stock index fell in early trade on Thursday after FTSE published a list of stocks to be included in its secondary emerging market index, while Saudi Arabian petrochemical stocks sagged because of weak oil prices. The Qatari index initially rose but was down 0.8 percent after 90 minutes. Only two of the 22 stocks ...

  Dubai / Reuters Gulf stock markets diverged in early trade on Wednesday, with Qatar’s edging lower and Dubai’s gaining slightly. Qatar’s index slipped 0.3 percent after closing higher in four of the last five sessions. After the close on Wednesday, FTSE is expected to release a list of Qatari stocks to be included in its emerging market index from ...

  Dubai / Reuters Stock markets in the Gulf edged up in early trade on Tuesday after oil prices and Asian bourses made modest recoveries but trading volumes were thin. Dubai’s index climbed 0.1 percent with gainers outnumbering losers 13 to five. Trade mainly focused on speculative shares favoured by short-term local traders; builder Arabtec rose 0.7 percent and GFH ...

  Bloomberg Gulf stocks moved little in early, thin trade on Monday as a fresh slide in oil prices and a retreat in Asian share markets kept buyers away. Dubai’s index was flat as stocks mainly traded by local investors were the top movers. Insurer Takaful Emarat Insurance gained 3.4 percent but Ajman Bank fell 1.3 percent. In Abu Dhabi, ...

  Bloomberg Saudi Arabian stocks led gains across Gulf equities as an advance in the price of oil helped offset investor caution over the timing of U.S. interest-rate increases. Saudi Arabia’s Tadawul All Share Index rose 1.6 percent, its first increase in six days and biggest climb since April 25. Qatar’s QE Index added 0.6 percent. The Bloomberg GCC 200 ...

Dubai / Reuters Gulf stock markets extended losses in early trade on Thursday with banks leading Saudi Arabia down, as investors continued to pull out of equities over concerns about the region’s economic slowdown and policies of austerity. The Saudi index, which on Wednesday fell below minor technical support on the April low of 6,066 points, sank a further 1.4 ...

  Dubai / Reuters Gulf stock markets moved little in early trade on Wednesday with few positive factors to spur buying, although Saudi Arabian petrochemical shares were firm. The Saudi Arabian index was flat. Petrochemical heavyweight Saudi Basic Industries added 0.6 percent and Al Sagr Cooperative Insurance rose 2.2 percent in unusually heavy trade. Dubai’s index edged down 0.2 percent. ...

  London / AFP Gulf stock markets continued dropping early on Tuesday after Brent crude oil fell back below $49 a barrel and short-term technicals for several indexes in the region turned negative over the past few days. The Saudi index fell 0.6 percent to 6,074 points in the first 45 minutes of trade. On Monday it confirmed a break ...