GCC Stock Watch
Saudi bourse has a sharp correction
- Profit taking by investors sent the Saudi bourse into a downward spin last week. But this is probably just a correction to a bull phase rather than the start of a bear market.
- Saudi Arabia: Saturday, September 20 - 2003 at 14:35
Why GCC stocks are the best investment this autumn
- Investors will be turning their attention to local stocks this autumn because the rally in developed markets is coming to an end, and local stocks look relatively inexpensive. Oil prices are also still high, underpinning GCC economic growth.
- Saturday, September 13 - 2003 at 09:23
How much higher can GCC bourses go?
- The summer saw a powerful surge in many GCC markets. But perhaps investors will now shift their focus from the KSE and KSA towards the UAE.
- Saturday, September 06 - 2003 at 12:09
Is the Saudi bourse close to the top?
- One of Saudi Arabia's top broking houses warned clients that a switch to smaller, speculative stocks my be an indicator that the market is due for a correction.
- Saudi Arabia: Saturday, August 30 - 2003 at 11:24
Bourses power ahead in August
- OK market pundits got it wrong. The traditional quiet of August in Gulf bourses has been shattered by some amazing gains in value.
- Saturday, August 23 - 2003 at 15:24
Summer lull dampens markets
- Middle East stock markets enter August considerably higher than at the start of the year. But even the best bull market since 1997 is not strong enough to beat the heat of the summer.
- Thursday, July 31 - 2003 at 17:14
UAE stocks have their best day ever!
- Something stirred in the UAE capital markets last week. Maybe a few big players have stayed at home this summer, got bored and went buying. Whatever, the market may have passed an important landmark.
- United Arab Emirates: Saturday, July 26 - 2003 at 09:12
UAE stock rally running out of steam
- Perhaps summer has arrived for the UAE bourse after a hectic few weeks. However, the outlook for the autumn is still very good and the upward rally may not falter for long.
- United Arab Emirates: Saturday, July 19 - 2003 at 15:10
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