GCC Stock Markets Daily

Tadawul index breaks the 6.000 benchmark
Saudi's Tadawul followed other international markets and registered sharp falls. The index failed to rise above 6000 points despite lowering its losses to only 6% down.
Saudi Arabia: Sunday, October 12 - 2008 at 09:25

UAE shares lose Dhs130bn
Gulf stock markets finished one of their worst weeks in their history with a small rebound. But that doesn't hide the decimation experienced. UAE suffered most, with their biggest losses since they were established in 2000 - down a whopping Dhs130bn in five sessions, following on from their Dhs81bn of losses during September.
Middle East: Thursday, October 09 - 2008 at 21:21

Gulf Central Banks step in to save markets from collapse
After four days of decline, Gulf central banks stepped in to save the local bourses after another day of sharp falls which have seen shares in the UAE alone lose Dhs141bn.
Middle East: Thursday, October 09 - 2008 at 09:49

Situation worsens on Gulf exchanges
For third consecutive post-Eid session, Gulf bourses continued to post heavy losses after pressure from the international crisis and selling by foreign portfolios. Despite international markets closing up yesterday, local markets refused to follow same pattern. Muscat was the biggest loser going down 7.2% followed by Tadawul 7%, Dubai 5.1%, ADX 4.5%, Kuwait 2.7%, Doha 1.5% while Bahrain lost the least, only going down by 1.5%.
Saudi Arabia: Wednesday, October 08 - 2008 at 10:27

Gulf market losses continue to mount
Gulf stock markets have witnessed one of the worst falls in history, especially Tadawul which lost 10% of its value with most listed firms falling. Dubai Financial Market fell sharply, losing 7.6% pushing the index below ADX for the first time in eight years. Muscat fell by 6.7%, ADX 5.6%, KSE 4.8%, Doha 4.5% and Bahrain by 1.5%.
Saudi Arabia: Tuesday, October 07 - 2008 at 10:35

Stocks plummet post Eid
Gulf stock markets resumed their activities yesterday, except for the Saudi market which resumes today, with sharp declines for all markets, including the UAE which lost Dhs35bn, added to its Ramadan losses of Dhs81bn.
United Arab Emirates: Monday, October 06 - 2008 at 11:00

UAE shares lose Dhs81bn in Ramadan
Gulf stock markets have concluded the holy month of Ramadan and the third quarter of the year with heavy losses despite the strong rise witnessed this week.
Middle East: Tuesday, September 30 - 2008 at 08:34

Saudi shares fall 14.8% in Ramadan and 20.2% in Q3
Despite its rebound by 6.6% yesterday, Saudi shares ended Ramadan trading with a sharp decline of 14.8%. Saudi shares also ended the third quarter down 20.2%, becoming the worst performer among all Gulf stock markets with a decline of 32.4% since the beginning of the year.
Middle East: Monday, September 29 - 2008 at 10:41