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Tuesday, 02 December 2008 09:21 UAE time

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Saudi Stock Exchange

Main Category: Stock Exchange
Country : Saudi Arabia


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Mixed fortunes for Gulf markets ahead of holidays

UPDATE 5: Late rally sees Dubai up but Saudi, Oman and Kuwait lower in run-up to Eid Al Adha break.

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Gulf bourses rise on Saudi surge

UPDATE 5: Investor confidence given boost by gains in global markets and Saudi rally in previous session.

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Saudi stocks get week off to a flyer

UPDATE 2: Main index surges by 9.5%, led by blue chips, as investors take heart from global stock rally.

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Kuwait market closes lower after gov't walkout

UPDATE 7: Elsewhere, Arabtec continues surge, mixed fortunes for other indices.

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Arabtec soars 15% as most Gulf markets rise

UPDATE 7: UAE, Oman, Kuwait and Qatar all end in positive territory, Saudi and Bahrain fall.

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Saudi shines on day of Gulf negatives

UPDATE 4: Dubai exchange leads the decline as Saudi Arabia's index is sole riser in region.

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Gulf markets fall on regional economic fears

UPDATE 5: All seven markets in negative territory, Saudi and Dubai down around 4%.

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Saudi stocks plummet as oil drops below $50

UPDATE 2: Index closes over 9% lower with losses led by Kingdom and Samba Financial.

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UAE markets end down on day of mixed fortunes

UPDATE 4: Dubai exchange hovers just above 2,000 mark, Oman, Qatar see gains.

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Gulf markets rise on improved sentiment

UPDATE 4: Abu Dhabi, Saudi are only exchanges that close lower as bargain hunters flood in.

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Emaar shares fall 10% as Dubai market suffers

UPDATE 6: Property giant's stock value dips below 3 dirhams as Dubai index loses 5%.

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Dubai shares lift index back above 2,000 mark

UPDATE 6: Emaar up 14% in real estate rebound, but Kuwait, Bahrain close down.

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Gulf market rout continues

UPDATE 7: Five of seven regional markets close lower, with Dubai's main index breaching 2,000-point mark.

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Saudi bourse plunges over 7%

UPDATE 2: Main index dragged down by SABIC and Al-Rajhi, which both tumble more than 9%.

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Gulf stock markets slump again

UPDATE 8: Dubai's main index loses more than 5%, while region's other exchanges also struggle.

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Markets suffer across the Gulf

UPDATE 6: Dubai leads drop as index plummets over 7%, Saudi's benchmark slumps more than 5%.

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Emaar breaches 5-dirham mark as Gulf shares slump

UPDATE 6: Dubai leads decline in Gulf, with only Oman's exchange bucking trend.

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Emaar leads Gulf stock plunge

UPDATE 3: Real estate and banking stocks bear brunt of selling, all markets bar Saudi end lower.

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Saudi shares slump on recession fears

UPDATE 1: Benchmark extends losses, dropping over 5% as SABIC and Samba Financial both fall.

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Dubai bourse down to lowest mark since 2004

UPDATE 4: All region's exchanges end lower - tracking earlier declines in Asia and US.

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Gulf exchanges rise after historic Obama victory

UPDATE 6: Oman is star performer while all Gulf markets improve after election result.

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Most Gulf markets in positive territory

UPDATE 6: Small gains for region's exchanges while Bahrain's Batelco has shares suspended.

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Saudi's exchange bucks Gulf trend by ending higher

UPDATE 6: Most Gulf exchanges close lower, with real estate, bank shares leading fall.

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Gulf stocks make strong start to week

UPDATE 5: Most markets in region close higher following strength in US stocks on Friday.

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Saudi stocks soar following rate cut

UPDATE 1: Main index closes more than 6% higher as SABIC surges close to 10% and Al-Rajhi over 6%.

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Dubai up but Abu Dhabi down on day on mixed fortunes

UPDATE 2: Thursday trading is mostly positive on exchanges in Gulf region.

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Kuwait market falls amid Gulf Bank concerns

UPDATE 7: Oman, Qatar, Abu Dhabi all close up but Dubai and Saudi are down.

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Global concerns continue to weigh on Gulf markets

UPDATE 5: Most markets extend losses with Dubai, Saudi bucking downtrend.

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Gulf stocks suffer further losses

UPDATE 4: All seven bourses extend drop from the previous session amid fears of global recession.

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Gulf markets drop sharply on global fears

UPDATE 4: Drop led by Qatar and Oman, with both main benchmarks shedding over 8%.

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Saudi market tanks on global recession fears

UPDATE 2: Main index plunges almost 9%, led by SABIC and banking stocks.

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Saudi market slumps more than 5%

UPDATE 2: Concerns over results of market heavyweight SABIC sees company's shares to fall 9.95%.

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Gulf markets slump again

Volatility in Gulf markets continues after a US proposed bailout fails to restore investor confidence.

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Gulf bourses extend decline

Investors sceptical about US move to rescue collapsing financial system weigh on markets in Gulf.

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Markets rebound after days of volatility

UPDATE 1: Qatar leads rally in Gulf, main index makes biggest one-day gain in at least 2 years.

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Gulf markets pummelled by Wall St crisis

UPDATE 7: Markets end down, Dubai, Abu Dhabi recover sharp losses as foreigners bail.

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Black day for Gulf markets as stocks nosedive

Main indexes end day down, with Qatar down 6%, Abu Dhabi and Dubai down 3%.

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Five Gulf bourses close lower

All Gulf bourses but one end Sunday lower, negative sentiment exacerbated by lower volumes.

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Gulf markets fall after pull-out

Gulf Arab stocks plunge as weaker oil prices and tensions with Iran compound broad selloff.

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DFM ends week lower amid crackdown

Dubai Financial Market ends week low, lead by real estate stocks fears over probe.

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Saudi stocks rise for fourth trading day in a row

Stocks rise as market operator begins naming investors holding stakes of 5% or more.

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Saudi bourse drops on concerns over transparency rule

Main index down more than 2%, led by falls in SABIC and Saudi Telecom.

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Oman recoups some losses, UAE markets rise

Shares of Bank Muscat and Raysut Cement Co led Muscat's main index to a higher close.

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Gulf markets end lower as world stocks decline

Oman's main index falls more than 3%, its sharpest one-day decline in over six months.

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Saudi Maaden soars on debut as Saudi index slumps

Saudi Arabia's main index declined, led by Saudi Basic Industries Corp and Al-Rajhi Ban.

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SABIC, Al-Rajhi lead Saudi to lower close

Saudi's index, the worst-performing measure in the Gulf Arab region, falls 0.88 percent.

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Real estate lifts Abu Dhabi, Bahrain extends fall

Property shares led Abu Dhabi's main index to close higher for second day, Sorouh, Aldar Properties rise

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Qatar slips as Iran tensions weigh

Doha index drops for seventh straight trading day; slump on global markets pulls down UAE bourses.

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Saudi dragged lower by Samba Financial

Lender falls 0.68%, pulling kingdom's benchmark down 0.04% to 8,995.07 points.

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Iran tensions continue to weigh on Gulf markets

Only UAE markets close higher as geopolitical concerns batter stocks across region.

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Investors panic after Iran threat

Markets across much of Gulf decline following Tehran threat to close Strait of Hormuz if attacked.

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Saudi extends gains into second day

Kingdom's index ends higher helped by banking stocks, while Dubai's slumps for fourth straight session.

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Saudi gains as banking stocks rally

Main index rises more than 1% after bumper results from Riyad Bank spark surge in banking stocks.

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SABIC drags down Saudi index

Benchmark ends day almost 1% lower, meaning it is down around 15% so far this year, worst in Gulf.

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Gulf markets rebound, led by Abu Dhabi, Qatar

Markets shrug off negative sentiment caused by concerns over Iran-Israel conflict.

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Geopolitical fears continue to weigh on markets

Stock markets across much of Gulf close down, led by Qatar, Abu Dhabi and Oman.

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Iran threat hits Saudi stocks

Kingdom's main index sees biggest one-day drop in almost 4 months as regional tensions mount.

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Saudi leads declines across Gulf

Kingdom's main index ends 1.55% lower, paced by SABIC and Al-Rajhi Bank.

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Kuwait hits all-time high, Oman slumps

Kuwait's main index gains 0.25% to 15,654.80 points, extending record-breaking rally into seventh day.

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Kuwait extends record rally, Abu Dhabi slips again

Kuwait hits 7th straight record close, while UAE capital's index slumps for 6th session.

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Kuwait touches another record high

Main index adds 0.29%, helped by gains in Kuwait Finance House and National Bank of Kuwait.

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Kuwait makes it 3 straight record closes

Main index bucks regional trend as markets across much of Gulf finish down for day.

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Kuwait sets fresh record close

Benchmark makes it four consecutive positive closes, while Dubai's index drops almost 2%.

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Abu Dhabi leads charge on bullish day for Gulf markets

Abu Dhabi's two main developers surge for second day on back of EFG-Hermes report.

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Oman plummets, Bahrain touches record high

Muscat's main index drops more than 2% as shares of Bank Muscat sink 5.46%.

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Banks lead Qatar to highest close in two weeks

Main index closes up for 7th straight session, while Oman, Abu Dhabi continue winning form.

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Qatar up again, Oman back to winning ways

Doha's index makes it six gains in a row, while Muscat's breaks two-day slump.

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Qatar makes it five gains in a row

Main index finished day up 1.36%, with Saudi, Kuwait, Dubai and Bahrain also closing higher.

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Qatar continues sparkling run of form

Main index ends day up for fourth session, while Oman slips up thanks to bank and telecom stocks.

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Saudi extends gains as banks surge

Main index finished up more than 1% to close at 9,765 points after hitting intraday high of 9,800 points.

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Saudi's Alinma continues surge in day 2 trading

Stock closes up 9.4%, making lender country's 7th largest bank by market value.

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Saudi continues winning streak

Main index ends day up by almost half a percentage point thanks to solid performances from banking stocks.

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Saudi bourse world's second busiest for IPOs

Listings on market jump 322% to $8.5 bn, surpassing London.

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Oman drops for second straight day

Muscat's main index ends down along with Saudi and Abu Dhabi, while remaining markets close higher.

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Kuwait contines bullish run

Main index piles on gains for fifth straight day, with Abu Dhabi, Bahrain and Qatar also closing higher.

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Oman posts consecutive records

Muscat benchmark finishes up 0.16%, while Saudi Arabia and UAE's measures also end the day higher.

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Banks drag Saudi market lower

Main index ends lower for second consecutive session as lenders Samba and Saudi Fransi drop.

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Qatar continues bull run, paces Gulf markets

Doha index climbs on strong earnings expectations from flagship company Industries Qatar.

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Qatar continues to lead Gulf markets

Muscat's main index posts new multi-year high as markets acorss much of Gulf claw back losses.

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Smaller Gulf markets set pace

Oman, Qatar and Bahrain all finish higher, continuing to leave remaining GCC stock markets in their wake.

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Saudi market gets week off to disappointing start

Index drops 1.21% to 9,664.54 points on poor performances from banks.

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Oman, Qatar hit fresh highs as other markets decline

Oman ends day above 11,400 points for first time, while Qatar touches 28-month high.

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Banks recover losses to drive markets higher

Saudi the only loser, with the rest of Gulf's markets all ending up for the day.

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Markets get week off to sluggish start

Kuwait, Oman, Qatar and UAE indexes all fell as banks and developers drag on main indexes.

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Banks help Gulf markets finish week on high

Abu Dhabi's benchmark led the gains, reversing a two-day losing streak to rise 0.17%.

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Saudi bourse sees sixth straight day of losses

Banking stocks lead declines as investors book profits in stocks that rallied last month.

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Saudi bourse not ready for foreigners

Boost transparency and deal with domestic liquidity before allowing foreign ownership - conference.

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Kuwait bourse sets fresh lifetime high

Index crosses 15,000-point mark for a second day, while Saudi benchmark falls for fifth consecutive day.

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Kuwait hits fresh all-time high in intraday trading

Index climbs 1.14% to 14,923.20 points after hitting 14,923.30 during session.

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Saudi suffers second straight loss

Market edges down 0.08% to 10,057.69 points on back of poor performances from banking stocks.

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Saudi market hits two-month high

Benchmark finishes above 10,000 points as markets across much of Gulf end day in positive territory.

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Oman and Saudi pace Gulf market gains

Muscat's index sets yet another all-time high, while Saudi's measure finishes up for sixth time in seven days.

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Saudi bourse up for fifth consecutive day

Shares of Samba Financial Group surge more than 8%, lifting main index to close more than 1% higher.

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Qatari market continues near perfect record

Main index closes up for 16th time in 17 trading days as GCC markets post mixed results.

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Oman touches lifetime high

Muscat market top performer, while Abu Dhabi edges above 5,000 points for first time in two years.

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Bumper earnings power markets to higher close

All Gulf indexes end the day higher as confidence returns to markets.

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Saudi bourse sees fifth day of gains

Kingdom's main index edges up along with Qatar, Oman and Kuwait, while the UAE and Bahrain drop.

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Positive Q1 earnings lift Saudi bourse

Tadawul ends up 0.54% at 9,552.63 points, fourth consecutive trading day index has finished up.

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Kuwait continues charge while Dubai struggles

Gulf stock markets post mixed results with four indexes rising and three falling.

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Kuwait index hits all-time high

Kuwait benchmark paces gains as markets across much of Gulf finish in positive territory for the day.

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Gulf markets post mixed results

Nervous investors await first quarter earnings, which will determine which way stocks trade, analysts say.

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Gulf markets get week off to strong start

Dubai and Doha lead pack as investors pile into attractive stocks after recent selloff.

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Saudi stocks surge on index revamp

Shift to index that reflects number of shares freely available for trading pushes market up 2.48%.

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Gulf markets rebound on Fed cut

Kuwait leads the charge, but Saudi and Dubai unable to shake off concerns of global slowdown.

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Markets post mixed results ahead of Fed cut

Saudi breaks run of losses while markets in Dubai, Qatar and Oman continue to slump.

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Shock US rate cut sparks further market turmoil

Markets across Gulf suffer worst losses in months on fears global slowdown may spread.

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Markets continue slump ahead of Fed cut

All Gulf states pegged to US dollar see markets drop on concerns US will slash rates.

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Saudi stocks drop on global economic fears

Kingdom Holding leads losses as investors limit exposure to US financial sector crisis.

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Gulf markets rebound

Stocks across region push markets to higher close, bar Saudi which drops for fifth time in six days.

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Gulf stocks hit by US recession fears

Gulf markets decline on back of losses suffered in US last week, led by telecom operators and banks.

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Gulf markets to withstand global slowdown

Strong fundamentals backed by high oil prices will spur growth, Borse Dubai says.

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Information breakdown

Institutions in this part of the world are hindered in their ability to make informed decisions by lack of reliable data.

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Saudi index smashes 10,000-point barrier

Stock market benchmark hits 13-month high on rally in banking and petrochemical shares.

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Saudi bourse in market shake-up

Proposals include increasing industry indices to 14, changing how firms' market value is calculated.

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Saudi bourse buoyed by lifting of market restrictions

Market index rises following decision to allow Gulf Arab citizens to trade on exchange.

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The giant is awake...and moving ahead

It is the largest country on the Arabian Peninsula and one of the richest countries in the world with a GDP of US$351bn in 2006.

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READER COMMENTS

  1. UAE blocks low-paid workers from driving - report 14
    01 Dec ' 08 at 18:53
    Are the authorities considering Nurses as menial workers? No wonder then that large numbers of Graduate Nursing professionals are...  More »
  2. $95bn Satwa redevelopment delayed 3
    01 Dec ' 08 at 21:09
    You suggest Jumeira Gardens will stretch 150kms south of Shk Zayed Road. That would take you well into Abu Dhabi.I don't think even...  More »
  3. Property correction sooner, steeper than anticipated 3
    01 Dec ' 08 at 17:00
    I saw when people went from poor to rich in this country in a matter of weeks, i saw the rich getting poor agian in a matter of...  More »
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