Middle East ETF News Older than One Year
MIDEAST STOCKS-Gulf mostly little changed, Dubai's GFH continues surge
November 14, 2017--Major Middle East stock markets moved largely sideways on Tues.
Major Middle East stock markets moved largely sideways on Tuesday with little positive news to spur buying, although GFH Financial continued surging in Dubai after disclosing details of its business strategy.
Source: Zawya.com
MIDEAST STOCKS-Saudi, Dubai marginally higher in early trade
November 14, 2017--The Saudi index was up 0.2% after 55 minutes of trade.
Most Gulf stock markets were little changed in early trade on Tuesday as Saudi Arabia inched up, suggesting pressure from the kingdom's anti-corruption drive was easing.
Source: Zawya.com
MIDEAST STOCKS-Saudi still under pressure, GFH volatile in Dubai
October 13, 2017--The Saudi index was 0.5% lower after 20 minutes of trade.
Gulf stock markets were mixed early on Monday with Saudi Arabia under pressure from the kingdom's anti-corruption probe and Dubai--where trade in GFH Financial was volatile--flat overall.
Source: Zawya.com
Lebanon bonds rebound as PM Hariri says to return home soon
November 13, 2017--Bonds have sold off heavily over the last week on belief Hariri had been coerced into resigning by Saudi Arabia
Source: Zawya.com
MIDEAST STOCKS-Signs that pressure on Saudi market may start easing
November 9, 2017--The Saudi stock index closed marginally higher on Wednesday only because state-linked funds bought shares in an effort to avert a panic
Gulf stock markets may stay under pressure on Thursday because of concern about the impact of Saudi Arabia's anti-corruption probe, but there are some signs that selling in the Saudi bourse could begin to ease.
Source: Zawya.com
Middle East bond sell-off widens on Saudi, Lebanese tensions
November 8, 2017--Saudi bonds fall across curve, Lebanon 2020 lowest on record
A sell-off in Middle Eastern bond markets escalated on Wednesday with debt prices in Saudi Arabia, Bahrain and Lebanon all touching long-term lows following Saudi Arabia's anti-graft purge and government turmoil in Lebanon.
Source: Zawya.com
Rich Saudis dump stocks, jitters spread through region
November 7, 2017--Wealthy Saudi Arabian individual investors dumped stocks on Tuesday as jitters over the kingdom's anti-corruption probe spread through the Gulf, pushing down every major market.
Source: Zawya.com
Bahrain in tenuous position as foreign reserves dip to alarming levels
November 2, 2017--Bahrain has asked Gulf Arab allies for financial assistance as it seeks to replenish its foreign-exchange reserves and avert a currency devaluation that could reverberate across the region, according to people with knowledge of the talks.
Source: Ameinfo.com
DGCX Volumes grow in Currencies and Stock Futures in October
November 2, 2017--The month of October opened on a volatile note with geopolitical tensions in Europe, the US, and Asia, which led investors and traders to increasingly turn to derivative instruments to hedge and mitigate the impact of volatility.
The Dubai Gold & Commodities Exchange (DGCX) witnessed increased trading volumes in its G6 currencies and Indian SSF as traders sought protection from increasingly erratic sentiment.
Source: Dubai Gold and Commodities Exchange (DGCX)
Dubai DGCX volumes grow in currencies and stock futures in October
November 2, 2017--DGCX's G6 Currency portfolio continued its strong growth trajectory seen in recent months, recording a 225% year-on-year increase.
The Dubai Gold & Commodities Exchange (DGCX) witnessed increased trading volumes in its G6 currencies and Indian SSF as traders sought protection from increasingly erratic sentiment.
Source: Zawya.com
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