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GCC Stock Markets Daily

  • Stock calm turns to collective decline across GCC markets

  • All Gulf stock markets fell today except Bahrain, which experienced a slight rise. Markets in Qatar, Dubai and Muscat saw the largest declines, with the Doha Securities Market (DSM), as expected, worst hit after nine successive rises saw it pass 12,500 points. It dropped 1.4%.
  • Middle East: Thursday, June 12 - 2008 at 19:16
  • GCC markets calm after marathon rises

  • A relative calm fell over the Gulf stock markets today, after a series of strong rise since the start of the month. Four stock markets registered a slight decline, while three others rose, including the Doha Securities Market (DSM), which closed up 0.91%, its seventh consecutive rise. Muscat also rose 0.91%, while the Abu Dhabi Securities Exchange (ADX) was up 0.44%.
  • Middle East: Wednesday, June 11 - 2008 at 19:10
  • More highs in Doha and Kuwait stock markets

  • Both the Doha Securities Market (DSM) and the Kuwait Stock Exchange (KSE) avoided the dips hitting other GCC markets on Tuesday, reaching new highs for the second day in a row. The DSM crossed 12,500 points, rising 0.50% while the KSE crossed 15,300, up 0.30%.
  • Middle East: Wednesday, June 11 - 2008 at 00:11
  • Qatar record as upward trend continues

  • Three Gulf stocks went up Monday, including Dubai, Saudi Arabia and Qatar, while Muscat and Abu Dhabi declined by 0.55% and 0.07% respectively.
  • Qatar: Tuesday, June 10 - 2008 at 00:18
  • Qatar and Kuwait up while other markets slip

  • The Kuwait and Doha markets bucked the day's performance posted by the other GCC exchanges on Sunday, registering record highs following rises of 1.4% and 0.5% respectively. Doha approached a new record high of 12,300 points, while Kuwait approached a record of 15,300 points.
  • Middle East: Monday, June 09 - 2008 at 00:04 | readers' rating 5/10
  • Oil price fuels Saudi exchange

  • The Saudi Stock Market began with a strong rise for the third consecutive week, with a 1.1% growth margin.
  • Saudi Arabia: Sunday, June 08 - 2008 at 09:30
  • UAE markets up Dhs19bn

  • Gulf stock markets finished the first week of June up, with markets in the UAE collectively gaining Dhs19bn and Muscat hitting a new record.
  • Middle East: Thursday, June 05 - 2008 at 21:20
  • Record highs for five Gulf markets

  • Five Gulf markets registered record trading on Wednesday including, Muscat, Abu Dhabi, Doha, Kuwait and Bahrain, after a rising wave which swept across all the GCC markets.
  • Middle East: Thursday, June 05 - 2008 at 00:13 | readers' rating 5/10
Index : GCC Stock Markets Daily : Page 15
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