The Saudi Stock Exchange (Tadawul) Launches Derivatives Market In The First Half Of 2019-continued

September 4, 2018--The Saudi Stock Exchange (Tadawul) will introduce exchange-traded derivatives in the first half of 2019.
Tadawul will launch an index futures contract based on the tradeable index jointly developed with MSCI. Saudi Arabia's inclusion into the major emerging markets indices further validates the need for this market.

view more

Source: Tadawul


Middle East ETP News
Monthly markets review: MENA markets plunge in May; Saudi stocks worst hit
June 13, 2019--Stock markets in the region dropped sharply in May as a plunge in oil prices and global markets weighed on investor sentiment. Trading activity was mainly subdued during the holy month of Ramadan.
The aggregate stock market index of the six Gulf Cooperation Council (GCC) countries + Egypt dropped 2.76 percent during the 31-day period.
read more
Mideast Stocks: Major Gulf markets slide after suspected attack on tankers
June 13, 2019--All major Gulf stock markets dropped on Thursday after suspected attacks on tankers in the Gulf of Oman, with a missile strike by Yemen's Houthi rebels on a civilian airport in southern Saudi Arabia also weighing on risk sentiment.
Two tankers were hit in the suspected attacks and their crews were evacuated, shipping sources said. Four tankers in the region were struck in a similar incident a month ago.
read more
Mideast Stocks: Banks bolster Saudi, financials drag Abu Dhabi
June 12, 2019--Saudi Arabia's stock market rose sharply for the fourth session on Tuesday, boosted mainly by its banking shares on expectations of further capital inflows, while Abu Dhabi was weighed down by financials.
The Saudi index was up 1.6% with all its banks gaining. Al Rajhi Bank added 1.5% and National Commercial Bank climbed 3.3%.
read more
Mideast Stocks: Oil price fall, renewed global woes weigh on Gulf stocks
June 12, 2019--Saudi's index was down 0.3% in early trading with Al Rajhi Bank dropping 0.8%
All major Gulf markets dropped on Wednesday, mostly with financial sector shares taking a hit from falling oil prices and renewed weakness in global equity markets.
read more
Mideast Stocks: Saudi continues winning streak, other Gulf markets mixed
June 12, 2019--Dubai ends four-day winning streak
Saudi Arabia's stock market rose for a fifth straight session on Wednesday as nearly all its banks gained, while other major Middle Eastern markets were mixed.
Saudi's index closed 1.1% higher with National Commercial Bank, the country's largest lender, gaining 2.7% and Al Rajhi Bank adding 1%.
read more
Mideast Stocks: Saudi rises for a fourth day, UAE markets retreat
June 11, 2019--Saudi Arabian shares rose for a fourth straight day on Tuesday on expectations of further capital inflows into the market, while Abu Dhabi and Dubai fell after rising in recent sessions.
read more
A topsy-turvy May for GCC markets: Markaz
June 10, 2019----Kuwait Financial Centre "Markaz" recently released its Monthly Markets Review report.
Kuwait Financial Centre "Markaz" recently released its Monthly Markets Review report. Markaz report stated that Kuwait registered the best yearly performance of 17% followed by Saudi Arabia at 8.8%. Kuwait market was resilient to the negative sentiment that prevailed in the regional and global equity markets.
read more
Mideast Stocks: Saudi, Qatar lead Gulf markets higher after Eid holidays
June 10, 2019--All major Gulf markets performed strongly on Monday after last week's holidays as a global rally lifted regional sentiment, with Saudi and Qatar outperforming and boosted respectively by expected foreign fund inflows and a stock split.
read more
Mideast Stocks: Saudi, UAE markets rise on strong private sector growth
June 10, 2019--Abu Dhabi's index was up 1%
Saudi Arabia and United Arab Emirates' stock markets rose on Monday after a survey showed their private sectors registered strong growth last month, while other major Gulf markets also gained reflecting the global rally.
Saudi's index was up 0.4% in early trade with Al Rajhi Bank gaining 0.7% and petrochemical maker Saudi Basic Industries adding 1.4%.
read more
Mideast Stocks: Saudi, Dubai lead Gulf markets higher after holiday break
June 9, 2019--The Saudi index jumped 0.6% as investors piled into key blue-chip stocks
Gulf markets rose early on Sunday, resuming trade after holidays most of last week to celebrate the end of the Muslim fasting month, with investors taking cue from gains in global markets on Friday.
read more
IMF Staff Country Reports Qatar: Selected Issues
June 3, 2019--Diversification is important for a large commodity exporter like Qatar: it helps manage temporary shocks and prepare for sweeping changes to the economic setting. Qatar's large financial holdings can help diversify revenues.
read more
Mideast Stocks: Qatar and Egypt rise, other Gulf markets closed for holiday
June 3, 2019--Stock markets in Qatar and Egypt rose on Monday, while other Gulf markets, including Saudi Arabia, are closed for the Eid ul-Fitr holiday.
QATAR
The index rose 1.5 % to 10,319 points.
read more
Mideast Stocks: Qatar jumps on PM's visit to Saudi as major Gulf markets leap
May 30, 2019--Qatar's stock market surged to its biggest intra-day high in nine months on Thursday after report that Qatar's prime minister will attend an Arab summit in Saudi Arabia, while all major Gulf bourses also rallied mostly riding on financial stocks.
read more
Mideast Stocks: Banks lift Qatar as all major Gulf markets rise
May 30, 2019--Qatar's index rose 2.2% as Qatar National Bank and Qatar Islamic Bank climbed 4.2% and 5% respectively
Qatar's stock market rose sharply on Thursday, buoyed by its banks and leading gains in all other major Gulf bourses.
read more
Mideast Stocks: Global woes weigh on Saudi stocks as they join MSCI index
May 29, 2019--Saudi's index fell 1.6%, weighed down by financial stocks, with Al Rajhi Bank decreasing 1.9% and Banque Saudi Fransi sliding 4.6%
read more
Mideast Stocks: Profit-taking, global stock slide weigh on Saudi stocks
May 29, 2019--Saudi Arabian stocks dropped on Wednesday as falling oil prices and weak global sentiment pulled down banking shares on the market's first of trading as a member of the MSCI emerging markets index.
Some investors also cashed in their holdings ahead of the long Eid Holiday in the next week.
read more
Mideast Stocks: Saudi rises to its best day in 7 months, leading Gulf rally
May 28, 2019--Saudi Arabia's stock market rose sharply on Tuesday ahead of its introduction into the MSCI emerging markets index after this session's close, while all major Gulf bourses rallied.
Saudi's index rose 2% for its biggest single-day gain since October 2018. Al Rajhi Bank 1120.SE increased 2.1% and petrochemical maker Saudi Basic Industries added 2%.
read more
Egypt could cut taxes for stock exchange investors-bourse chairman
May 28, 2019--Egypt's stock market and finance ministry are considering combining stamp duty and capital gains taxes charged on equities investments to limit the amount paid in stamp duties, exchange chairman Mohamed Farid said on Tuesday.
read more
Mideast Stocks: Saudi slips in wider Gulf falls ahead of holiday
May 27, 2019--Saudi's stock index was down 0.3%, with market heavyweight Al Rajhi Bank shedding 0.9% and Samba Financial Group dropping 2%
Saudi Arabian stocks were weighed down by falls in financial shares on Monday as Gulf markets slipped ahead of Eid al-Fitr
Many investors prefer to cash in holdings ahead of the Eid holiday, which lasts for a week in Saudi Arabia and at least three days in other Gulf countries.
read more
Mideast Stocks: Qatar, Saudi rise on financials; property drags Dubai
May 27, 2019--Qatar and Saudi Arabia's stock markets rose on Monday, helped by financial companies, while Dubai's was pressured by the real estate sector.
Qatar's index rose 0.9% as banks gained. Qatar Islamic Bank surged 8.7% and the Middle East's biggest lender, Qatar National Bank, added 2.2%.
read more
Mideast Stocks: Financials weigh on Saudi, blue chips gain in Egypt
May 26, 2019--Saudi Arabia's stock market fell sharply on Sunday, dragged down by the financial and petrochemical sectors, while Egypt's blue chips gained.
read more
IMF Staff Conclude Visit to Israel
May 24, 2019--Fiscal deficits are expected to rise in 2019 and coming years under current policies. The budget for 2020 will need to take revenue and spending measures to avert increases in public debt burdens and to facilitate reforms to boost growth.
read more
MENA fund managers increase investments in Egypt, UAE: Poll
May 23, 2019-Middle Eastern funds plan to increase their investments in Egypt and the United Arab Emirates over the next three months.
read more
Mideast Stocks: Oil price fall weighs on Saudi while blue chips gain in Egypt
May 23, 2019--Saudi Arabia's stock market fell sharply on Thursday as banks and petrochemical shares dropped amid falling oil prices, while Egypt's blue-chip index closed higher.
read more
Mideast Stocks: Financials, property elevate Dubai, most of Gulf up
May 22, 2019--Dubai's stock market rose sharply on Wednesday, buoyed by financial and real estate shares, to lead gains in most major Gulf bourses.
read more
Mideast Stocks: Global rally lifts most of Gulf, blue-chips drag Qatar
May 21, 2019--Saudi Arabia's stock market rose sharply on Tuesday, leading gains in most major Gulf bourses amid a global rally after Washington temporarily eased trade restrictions imposed last week on China's Huawei. Qatar dropped on wide sell-off.
read more
Mideast Stocks: Saudi slides on blue-chip weakness, Egypt hit by sell-off
May 20, 2019--Saudi Arabia's stock market slipped on Monday as investors cut positions in blue-chip stocks amid lingering uncertainty from regional tensions, while a wide sell-off pulled down Egypt's blue-chip share index.
read more
Mideast Stocks: Property pulls down Dubai as most Gulf markets lower
May 19, 2019--Dubai's main index was down 1.5% in early trade
Dubai's stock market opened lower on Sunday, dragged down by property shares as most Gulf markets were weaker amid rising geopolitical tensions.
read more
Mideast Stocks: Banks propel Saudi, lender FAB drags Abu Dhabi
May 16, 2019--Saudi Arabia's stock market rose for a third straight session on Thursday, rebounding from recent sell-offs and ahead of MSCI inclusion later this month. Abu Dhabi was pressured by its top-lender.
read more