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Major Gulf stocks mixed in early trade, IHC lifts #AbuDhabi | Reuters

Major Gulf stocks mixed in early trade, IHC lifts Abu Dhabi | Reuters Major Gulf stock markets were mixed in early trade on Thursday, with stocks in Saudi Arabia and Dubai witnessing a fall, while Abu Dhabi index gained after aquaculture firm International Holding Company reported a higher quarterly profit.Saudi Arabia’s benchmark index was down 0.3% as Dr. Sulaiman Al-Habib Medical Services Group shed 0.7%.Abdullah Al-Othaim Markets Company declined nearly 4% to be the second biggest drag on ...


Mideast Stocks: Property, banking stocks boost #Dubai; #Saudi index falls | ZAWYA MENA Edition

Mideast Stocks: Property, banking stocks boost Dubai; Saudi index falls | ZAWYA MENA Edition Most major stock markets in the Gulf closed higher on Monday, with the Dubai index outperforming the region on the back of property and banking shares, while the Saudi bourse was dragged down by material and financial stocks.The Dubai index rose 1.1%, as blue-chip developer Emaar Properties added 1.8% and Dubai Islamic Bank gained 1.4%, snapping a four-session losing streak.Dubai Investments jumped 2.6...
Tags: Travel, Saudi Arabia, Qatar, Dubai, Abu Dhabi, Gulf, Mideast, Emaar Properties, Rupert Neil Bumfrey, Saudi Basic Industries, Dubai Islamic Bank, Abu Dhabi Islamic Bank, United Development, Dubai Investments, Almarai Co, Emirates Telecommunications Group


MIDEAST STOCKS Most major Gulf stocks gain in early trade, earnings support #AbuDhabi | Reuters

MIDEAST STOCKS Most major Gulf stocks gain in early trade, earnings support Abu Dhabi | Reuters Most major Gulf stock markets were slightly up in early trade on Monday, with Abu Dhabi gaining on corporate earnings, while Saudi Arabia was supported by project expansion announcements from Dr. Sulaiman Al-Habib Medical Services Group (4013.SE) and consumer food and beverages firm Almarai (2280.SE).Abu Dhabi's benchmark index (.ADI) was up 0.2% as Emirates Telecommunications Group (ETISALAT.AD) ad...
Tags: Travel, Saudi Arabia, Qatar, Dubai, Abu Dhabi, Gulf, Emaar Properties, Tasi, Rupert Neil Bumfrey, Industries Qatar, Abudhabi, Al Rajhi Bank, Abu Dhabi Islamic Bank ADIB, Emirates Telecommunications Group Etisalat, Sulaiman Al Habib, Dubai Islamic Bank DISB DU


Major Gulf markets close mixed, #Dubai ends winning streak | Reuters

Major Gulf markets close mixed, Dubai ends winning streak | Reuters Major Gulf stock markets ended mixed on Sunday with Saudi Arabian shares extending gains for a sixth consecutive day, while Dubai fell after five days of rises.All major Gulf stocks registered gains in the week to Thursday, riding on a rally fuelled by optimism around COVID-19 vaccine developments.Saudi Arabia’s main index was up 0.2% as Dr. Sulaiman Al-Habib Medical Services Group surged 8.7%, its sharpest intra-day rise since ...
Tags: Travel, Saudi Arabia, Qatar, Dubai, Abu Dhabi, Gulf, Reuters, MSCI, Moody, CureVac, Rupert Neil Bumfrey, Emaar Malls, Saudi Electricity, Major Gulf, Emirates Telecommunications Group, Emirates NBD Bank


Mideast Stocks-Major markets log weekly gains on vaccine hopes | ZAWYA MENA Edition

Mideast Stocks-Major markets log weekly gains on vaccine hopes | ZAWYA MENA Edition Abu Dhabi shares ended lower on Thursday but all major Gulf markets managed weekly gains, riding on a rally fuelled by optimism around COVID-19 vaccine developments.Financial markets globally have gained in most sessions over the past couple of weeks as U.S. drugmakers Pfizer Inc and Moderna Inc, and British firm AstraZeneca released positive data on the effectiveness of their vaccine candidates.Investors are opt...
Tags: Travel, Saudi Arabia, Qatar, Dubai, Astrazeneca, Abu Dhabi, Gulf, Pfizer Inc, Air Arabia, Rupert Neil Bumfrey, Dubai Islamic Bank, National Commercial Bank, First Abu Dhabi Bank, Moderna Inc, Qatar Commercial Bank, Sulaiman Al Habib Medical Services Group


MIDEAST STOCKS-Aldar lifts #AbuDhabi, Egypt extends losses | Nasdaq

MIDEAST STOCKS-Aldar lifts Abu Dhabi, Egypt extends losses | Nasdaq Abu Dhabi's index .ADI closed higher on Monday boosted by gains in Aldar Properties ALDAR.AD following a government projects management deal, while Egypt's stock market extended losses as Commercial International Bank Egypt COMI.CA continues to drop following removal of its chairman by the central Bank.The Abu Dhabi index .ADI advanced 1.2% as Aldar Properties ALDAR.AD surged 14.9%, its biggest daily gain since December 18, 2014...
Tags: Travel, Saudi Arabia, Qatar, Egypt, Dubai, Kuwait, Tasi, Rupert Neil Bumfrey, Commercial Bank COMB QA, Emirates NBD Bank ENBD, Qatar National Bank QNBK QA, BKP, Aldar Properties ALDAR, Sulaiman Al Habib Medical Services Group, Abu Dhabi Egypt, Nasdaq Abu Dhabi


MIDEAST STOCKS- #Saudi stocks extend losses, #UAE gains in early trade | Nasdaq

MIDEAST STOCKS-Saudi stocks extend losses, UAE gains in early trade | NasdaqMost Gulf stocks fell in early trading on Monday, with Saudi Arabia extending losses from the previous session as oil prices fell, but indexes in the United Arab Emirates traded higher due to a bounce in real estate shares.Oil slid more than 2%, extending last week's losses as a growing number of COVID-19 cases in the United States and Europe raised worries about crude demand, while the prospect of increased supply also ...
Tags: Travel, Europe, Saudi Arabia, United States, United Arab Emirates, Dubai, Abu Dhabi, Uae, Saudi Aramco, Tasi, Rupert Neil Bumfrey, Dubai Investments, Al Mal Capital, Emaar Properties EMAR, NasdaqMost Gulf, Sulaiman Al Habib Medical Services Group



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