Sunday, 26 April 2009

• SABIC, telcos rise to boost Saudi index Companies and Markets

  UPDATE 2: In Dubai, losers outnumber gainers 11 to one; banks main losers in Abu Dhabi.

  Sector: Financial Markets

Saturday, 25 April 2009

• Saudi stocks rebound on oil, US stocks Companies and Markets

  SABIC gains 5.83% following 11% fall in previous trading week after poor Q1 results.

  Sector: Financial Markets

Friday, 24 April 2009

• Abu Dhabi's Mubadala posts $3.21bn loss in 2008 Results

  Abu Dhabi gov't's investment body blames downturn for muted performance.

  Sector: Banking & Finance
• Upwardly mobile Companies and Markets

  Eclipsed for many years by its more oil-rich cousins in the Gulf, the island kingdom of Bahrain is now fighting back.

  Sector: Politics & Economics, Financial Markets

Thursday, 23 April 2009

• Taqa, Emaar pull UAE markets to lower closes Companies and Markets

  UPDATE 4: Bahrain suffers its biggest one-day fall in at least two years; pressured by Arab Banking Corp.

  Sector: Financial Markets

Tuesday, 21 April 2009

• Saudi SABIC posts rare loss in Q1 as crisis hits demand Results

  Saudi Basic Industries Corp, the Arab world's largest co, swings to a $259.3m net loss.

  Sector: Construction & Industry
• Gulf stocks tumble, unsettled by Saudi SABIC loss Companies and Markets

  UPDATE 4: Saudi's TASI ends 3.1% down at 5,056 points on Tuesday as SABIC plunges 9.9% on Q1 loss.

  Sector: Financial Markets

Monday, 20 April 2009

• ME share of global hedge fund to rise by 30%, 2013 Funds

  ME investors will own 7.5% of total global hedge fund assets end-2013 - survey.     

  Sector: Financial Markets

Sunday, 19 April 2009

• Saudi index closes lower, Sabic heads losers Companies and Markets

  UPDATE 3: Saudi giant down as investors book profits from the market's recent rally.

  Sector: Financial Markets

Saturday, 18 April 2009

• Saudi Cement Q1 profit down 12% on export ban Results

  Gulf Kingdom's second-largest cement exporter makes $40.5m till Mar 31.

  Sector: Construction & Industry
• Saudi stocks end up on good US news Companies and Markets

  UPDATE 1: All-share index TASI ends 1.66% higher, its highest since Oct 26.

  Sector: Retail, Financial Markets

Thursday, 16 April 2009

• Emaar lifts Dubai; Abu Dhabi ends up on high volumes Companies and Markets

  UPDATE 2: Kuwait's index closes higher for the 12th time in 13 sessions.

  Sector: Financial Markets

Wednesday, 15 April 2009

• Abu Dhabi boosted by property stocks ahead of Cityscape show Companies and Markets

  UPDATE 7: Early trading declines are reversed on most exchanges but Saudi ends lower.

  Sector: Financial Markets

Monday, 13 April 2009

• Bullish banks push Saudi index higher Companies and Markets

  UPDATE 2: Dubai's DFM ends slightly lower as three of its most important stocks decline.

  Sector: Financial Markets

Sunday, 12 April 2009

• Dubai's DFM ends at a three-month closing high Companies and Markets

  UPDATE 3: Property stocks lift Dubai, Abu Dhabi; banks push Qatar higher.

  Sector: Financial Markets

Saturday, 11 April 2009

• Saudi bourse hits 3-month high Companies and Markets

  Petrochemical and banking shares lead way on better-than-expected earnings numbers.

  Sector: Financial Markets

Friday, 10 April 2009

• Sukuk pricing distorted by thin secondary market Sukuk

  Companies keen to tap the Islamic debt markets are staying on the sidelines, amid fears the illiquidity of the sukuk market could distort the pricing of new issues.

  Sector: Banking & Finance, Financial Markets

Thursday, 9 April 2009

• Short-term traders lift UAE markets Companies and Markets

  UPDATE 2: Oman's MSI extends gains into sixth trading day; Bahrain's BAX down again.

  Sector: Financial Markets

Wednesday, 8 April 2009

• Saudi shares fall ahead of Q1 results Companies and Markets

  Saudi's TASI ends lower for second straight session as investors close positions ahead of Q1 results.

  Sector: Financial Markets

Tuesday, 7 April 2009

• Profit taking sends UAE markets lower Companies and Markets

  UPDATE 3: Dubai's DFM ends down, registering its largest reverse for six sessions; Abu Dhabi retreats.

  Sector: Financial Markets

MIDDLE EAST MARKETS DATA

• Abu Dhabi Securities Exchange
• Amman Stock Exchange
• Bahrain Stock Exchange
• Beirut Stock Exchange
• DFM General Index
• Kuwait Stock Exchange
• Muscat Securities Market
• Qatar Exchange