GCC Stock Markets Daily

Saudi shares register sharp fall
Saudi's Tadawul market witnessed a sharp decline in the last 30 minutes of trading yesterday for the third consecutive week, amid expectations that the index will decline below 8200 points.
Saudi Arabia: Sunday, August 10 - 2008 at 09:44

Collective fall on GCC markets; Muscat biggest loser again
All Gulf markets were in for heavy losses this week, with Muscat being the biggest loser, declining by 4.4%. The Abu Dhabi Securities Exchange (ADX) came in for the second biggest loss, dropping 4%, while the Tadawul in Saudi Arabia drop 3.3%, the Dubai Financial Market (DFM) 2.8%, Bahrain 1.5% and Kuwait and Doha 1% each.
Middle East: Thursday, August 07 - 2008 at 19:42

More losses in the Muscat and Dubai amid market panic
Pressure continued for second day on GCC markets, with losses in Muscat and Dubai reaching 3.8% and 1.1% respectively. The Saudi market ended its week down 3.3%. The downward trend also continued in Doha, which fell 0.23%. Kuwait and Bahrain both rose slightly, by 0.22% and 0.07% respectively.
Middle East: Wednesday, August 06 - 2008 at 18:50

Heavy market losses due to foreign sales
The Dubai, Abu Dhabi and Muscat stock markets fell sharply today, due to sales by international and local portfolios. Muscat fell by 1.5%, the Abu Dhabi Securities Exchange (ADX) by 1.1% and Dubai Financial Market (DFM) by 1%.
Middle East: Tuesday, August 05 - 2008 at 19:27

GCC markets decline amid low trading
Five of the GCC markets fell today amid extremely low trading values, with only the Muscat and Doha exchanges rising, by 1.1% and 0.07% respectively. Trading values are adding pressure on the indices, hit by a decline in institutional foreign investments, especially in the UAE and Qatar.
Middle East: Monday, August 04 - 2008 at 19:45

Trading hampered by lack of liquidity
Fluctuation continues to dominate Gulf markets with five markets declining while Muscat and Dubai rose by 0.65% and 0.09% respectively. All markets continue to suffer from a lack of liquidity with trading value down by 50%, while initial public offerings are gaining momentum especially in Saudi and the UAE market.
Middle East: Sunday, August 03 - 2008 at 19:49

Big Saudi investors trigger large scale selling
The names of investors with stakes of 5% or more in firms listed in Saudi Arabia are to be published on 16 of August, in order to boost transparency. The response by these investors was large scale selling, pushing the market down by 2.5% at one stage yesterday.
Saudi Arabia: Sunday, August 03 - 2008 at 10:46

Four markets end the week lower; Muscat biggest loser
Four Gulf markets ended their week today, after an Islamic holiday was announced for Thursday. The five markets declined sharply, including Muscat which fell 7%. In Saudi Arabia, the Tadawul dropped 3.8% for the week, while the Dubai Financial Market (DFM) and Abu Dhabi Securities Exchange (ADX) together ended their week down 0.58%. The Kuwait Stock Exchange was the only winner, closing up 0.60%.
Middle East: Wednesday, July 30 - 2008 at 19:50