GCC Stock Watch
GCC stocks, where to invest now?
- Some Arab bourses have really rocketed too high this year. Yet one of the best economies has been left out of this irrational exuberance. Perhaps market forces will engineer a correction.
- Saudi Arabia: Saturday, November 15 - 2003 at 08:55
Emirates Equity Fund posts 4% dividend
- This week the Emirates Equity Fund posted a 4% dividend which was added as additional units to the accounts of investors. Over the past three months the EEF, the largest UAE mutual fund has delivered a return of around 6.5%, not bad at a time when the local market seems to have reached a plateau.
- United Arab Emirates: Thursday, November 06 - 2003 at 14:13
Exciting times for GCC capital markets
- The Saudi Capital Markets Law and Dubai Regional Exchange promise that the near future of the GCC regional bourses looks very exciting.
- Saudi Arabia: Saturday, November 01 - 2003 at 14:41
UAE stocks drift, Saudi shares decline
- Since the return from the summer vacation UAE shares have been drifting sideways while the Saudi bourse has undergone a minor correction.
- United Arab Emirates: Saturday, October 25 - 2003 at 11:04
A weaker week for Saudi stocks
- The Saudi stock market retreated 3.4% last week and most Gulf bourses looked weaker. Possibly they have overshot and are ripe for a modest correction, although ever bouyant oil prices suggest otherwise.
- Saudi Arabia: Thursday, October 16 - 2003 at 16:27
GCC markets await Q3 results
- GCC investors want to see Q3 financial results before they commit more money to stock markets which have already run up substantial gains this year.
- Saudi Arabia: Saturday, October 11 - 2003 at 11:07
Saudi stocks regain a measure of stability
- Higher oil prices helped to bolster support for Saudi stock prices last week, and good financial results could yet send the bourse higher still.
- Saudi Arabia: Saturday, October 04 - 2003 at 11:45
Saudi bourse turns very volatile
- Last week's high volatility in the Saudi bourse, something the market has never seen before, could suggest that the 70 per cent rise in the market so far this year is ripe for a correction.
- Saudi Arabia: Saturday, September 27 - 2003 at 09:43
Web Feeds