- Index : GCC Stock Markets Daily
GCC Stock Markets Daily
- Last minutes speculation at Dubai Financial Market forced the index to lose its 4% gains to close down by 0.50% below 3000 points at 2917 points.
- Middle East: Thursday, October 30 - 2008 at 11:27
- Except for the strong rebound of Tadawul and the slight rise of Dubai by 0.33%, other Gulf markets continued to witness heavy losses. Yesterday also saw the resignation of Bassam Al Ghanim head of Gulf Bank in Kuwait.
- Middle East: Wednesday, October 29 - 2008 at 10:28
- Emaar's limited purchase of 200,000 shares, worth Dhs1.1m, led the Dubai Finance Market (DFM) into decline on Monday, with it falling 5.8% at a time when angry traders were looking for strong a rebound for shares across the index.
- Middle East: Tuesday, October 28 - 2008 at 09:44
- Gulf stock markets fell sharply yesterday and trading stopped on Kuwait's Gulf Bank. Gulf stock markets started the week on a sharp decline after international markets closed.
- Middle East: Monday, October 27 - 2008 at 10:23 |
- Saudi market Tadawul fell sharply yesterday by 8.7% ahead of a scheduled meeting of GCC Finance ministers and central bank governors in Riyadh to discuss the current financial crisis.
- Saudi Arabia: Sunday, October 26 - 2008 at 08:00
- After seeing its share price collapse over recent weeks, Emaar intervened today and bought back its shares on the Dubai Financial Market, pushing the developer up 4.5%.
- Middle East: Thursday, October 23 - 2008 at 20:49
- Following three days of consecutive rises, Gulf stock markets fell sharply yesterday despite strong Q3 profits being posted by a number of companies. Many UAE and Qatari firms posted strong profits but still suffered a sharp decline after speculators left markets after selling at higher prices.
- Middle East: Thursday, October 23 - 2008 at 09:15
- For the third consecutive session, the upward trend continued at Gulf stock markets after Kuwait and Bahrain joined the trend which was led by ADX by 3.7%.
- Middle East: Wednesday, October 22 - 2008 at 09:49
Index : GCC Stock Markets Daily
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