Region’s stocks are on track for their best annual performance since 2007, with a return of 36 percent including dividends
Gulf stock market
Jordanian shares slip, bucking gains in Mideast peers
Elsewhere in the region, benchmarks rose in Saudi Arabia, Dubai, Abu Dhabi, Bahrain and Kuwait
Video: MSCI delays Kuwait’s emerging market upgrade due to Covid-19 pandemic
The Covid-19 pandemic has significantly impacted stock markets around the world. Amongst them is one of the oldest indexes in the Middle East, the Kuwait Stock Exchange.
Gulf bonds have best month on record despite the oil slump
Money managers were drawn like never before to the Gulf region whose average sovereign credit rating is A+, on par with China, Chile and Ireland
Why Kuwait’s stock market may be losing some of its sparkle
Some traders sound ready to take their money elsewhere despite Kuwait more gains than any other MEA stock market this year
Kuwaiti stocks end longest rising run in three years
Equity gauges in Saudi Arabia, Dubai and Abu Dhabi advanced, while those in Bahrain and Oman fell
Investors joining Saudi stocks’ big moment have to pay a premium
Saudi Arabia’s $568bn stock market – Tadawul – has been attracting foreigners as they position for the inclusions by MSCI, over two tranches, and by FTSE Russell
Record foreign buying of Saudi stocks in January
Investors from outside the country and the Gulf were net buyers of $1.17bn of Saudi-listed stocks in January
Trading value on Dubai’s main bourse slumps 44% so far in 2018
Dubai Financial Market Company announces a 40% falll in net profit for the first nine months of 2018
Most Middle East bourses rebound after global markets stabilised
But Saudi edges down after rising at opening, pulled down by petchems, cement
UAE markets lead as Gulf share values drop: report
Trading in all Gulf bourses has seen a lull in the past three years due to a lack of cash injections