Middle East ETF News Older than One Year
Qatar, Gulf may stabilise but Qatari banking sector still a risk.
June 7, 2017--Qatar's stock market may stabilise on Wednesday after two days of steep declines as some investors buy shares in companies with attractive valuations, but uncertainty over pressure on Qatar's banking sector could limit any rebound.
Source: Zawya.com
Gulf falls as Qatar crisis worries investors, Egypt continues ascent
June 6, 2017-- Most Gulf stock markets fell on Tuesday as the diplomatic crisis surrounding Qatar worried investors, while Egypt's equities index climbed for an 11th straight day to a fresh record high.
Source: Zawya.com
Qatar crisis derails GCC business, airlines, trade
June 5, 2017--The sudden escalation in the diplomatic crisis in the GCC region after Saudi Arabia, the UAE, Bahrain, Egypt and Yemen severed their ties with Qatar on Monday, June 5, accusing Doha of destabilising the region, will have greater implications given the close economic relations the countries earlier shared.
Source: AMEInfo.com
Markets give a mixed performance with Ramadan in its second week
May 5, 2017--Egypt being the star ending the week up by 2.8 per cent and Qatar leading the losing side by 1.2 per cent over the week, followed by Abu Dhabi and Saudi Arabia each by 0.8 per cent and 0.1 per cent respectively.
Source: AMEInfo.com
Gulf mixed, Saudi and Dubai rebound a bit after OPEC disappointment
May 29, 2017--Gulf stock markets were mixed on Monday with Saudi Arabia and Dubai rebounding modestly from losses which they suffered on Sunday due to disappointment that last week's meeting of global oil producers did not take stronger action to boost prices.
Source: Zawya.com
QSE index to delist Ezdan temporarily
May 29, 2017--The Index Committee of Qatar Stock Exchange (QSE) decided to temporarily remove Ezdan Holding Group from the components of QSE index after the company agreed in principle to become private joint stock company
Source: thepeninsulaqatar.com
All-round selling in UAE stocks as key support eyed
May 28, 2017-- The UAE stocks witnessed all-round selling on Sunday, the first day of Ramadan, as traders saw a higher possibility of the Dubai index to fall towards keenly watched 3,200 level.
Source: Zawya.com
Price puts off subscribers to Arabtec rights issue
May 28, 2017--Arabtec rights traders may have refrained from subscribing to the offer on the last day, as the rights were available at a premium of 30 per cent over the current share price.
Source: Zawya.com
Greed, panic surrounds Bitcoin traders
May 28, 2017--Bitcoin's roller-coaster ride continued on Sunday, with the cryptocurrency recovering 7.2 per cent to trade at $2,293. It had fallen 28 per cent over the weekend.
Last Thursday, Bitcoin reached $2,779, a record high, but dropped to a weekly low of $1,974 on Saturday, according to Coindesk data.
Source: Zawya.com
Ignoring oil rebound, Dubai stock traders resort to profit-taking
May 25, 2017--Ignoring a rebound in oil prices, traders in Dubai stocks resorted to profit-taking ahead of Ramadan as the index struggled to reclaim the recent resistance level.
The Dubai Financial Market General Index closed 0.73 per cent lower at 3,327.13, after the index recently failed to breach the key resistance of 3,400.
Source: Zawya.com
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