The DFM General Index climbed for a … Create your Watchlist to save your favorite quotes on Nasdaq.com. Most share markets in the Gulf ended higher on Sunday but stocks did not react significantly to Joe Biden's victory in the U.S. presidential election. It was not immediately clear when Emaar had ceased new building work, although Reuters had reported in April, citing sources, that the company had suspended work on major new projects. The DFM General Index climbed for a … Most major markets in the Gulf traded higher early on Wednesday, with Saudi Basic Industries Corp (SABIC) supporting the Saudi index. ... Gulf funds are stocking up on healthcare. Most major Gulf markets were little changed in early trade on Wednesday, with Qatar extending losses for a third straight session. It is disseminated by the Saudi Stock Market. node.dataset.value : node.getAttribute('data-value'); if (selectedValue) { for (var j = 0; j < node.options.length; j++) { if(node.options[j].value === selectedValue) { node.options[j].selected = 'selected';break;}}}}}, Do Not Sell My Personal Information (CA Residents Only). Dubai Financial Market General Index is a free-float market-capitalization weighted price index comprising stocks of listed companies. (Reuters) - Major Gulf stock markets were mixed early on Sunday in the last week of trading for the year. The TASI increased 344 points or 4.11% since the beginning of 2020, according to trading on a contract for difference (CFD) that tracks this benchmark index from Saudi Arabia. Brent crude on Friday settled up 76 cents, or 1.5%, at $52.26 a barrel after touching $52.48, its … Major Gulf stock markets were mixed in early trade on Thursday with the Abu Dhabi index leading gains boosted by top lender First Abu Dhabi Bank. Dec 17 (Reuters) - Most major stock markets in the Gulf were little changed in early trade on Thursday, with the Dubai index on track to extend gains for a second straight session. In Abu Dhabi, the index added 0.7%, led by a 1.1% rise in Emirates Telecommunications Group and a 0.5% increase in the country's largest lender First Abu Dhabi Bank. The kingdom's benchmark index … While the Saudi index is outperforming peers in the oil-rich neighborhood as investors seek alternatives in a low interest rate environment, it is just catching up with other equity gauges amid a recent surge in global markets. Most major Gulf markets gained on Wednesday as crude prices rose on hopes of an effective COVID-19 vaccine, while Kuwait and Qatar markets lost steam after a string of solid gains. Poised to Clear AstraZeneca Shot as Need for Vaccines Grows, New York State Probes Possibly Fraudulently Obtained Vaccines. Most major stock markets in the Gulf rose early on Monday, extending gains on hopes of a COVID-19 vaccine following encouraging initial trial results for an experimental drug. Kuwait stocks beat peers in the Gulf this year as investors bet that MSCI Inc. will promote the country into its main index tracking stocks in emerging markets in June 2020. Historically, the Saudi Arabia Stock Market (TASI) reached an all time high of 20966.58 in February of 2006. Dubai's stock market extended the previous session's gains on Thursday as the emirate began COVID-19 inoculations with the Pfizer-BioNTech vaccine, while other major Gulf markets were little changed. Dubai's stock market extended the previous session's gains on Thursday as the emirate began COVID-19 inoculations with the Pfizer-BioNTech vaccine, while other major Gulf markets … India's stock market index is just 2% away from 2020 peak as investors pile back in The case for buying Asia stocks over US ones as election nears Stock analysis for Gulf Energy Development PCL (GULF:Bangkok) including stock price, stock chart, company news, key statistics, fundamentals and company profile. UAE's stock market to see three SME listings next week. Saudi Basic Industries Corp., Saudi Telecom Co. and Banque Saudi Fransi provided the biggest boost to the market by index points. The MSCI Emerging Markets Index, which has a more than 50% weighting in Asian stocks, erased 2020’s drop late last last month. Saudi Arabia's benchmark index lost about 0.3%, with lender Al-Rajhi and oil behemoth Aramco shedding 0.4% and 0.3%, respectively. Outside the Gulf, Egypt's blue-chip index gained 0.7%. Most major markets in the Gulf traded higher early on Wednesday, with Saudi Basic Industries Corp (SABIC) supporting the Saudi index. Major Gulf markets ended higher on Monday, in line with global stocks, which were boosted by progress with coronavirus vaccines, while higher oil prices also helped to drive gains. Most major Gulf stocks closed lower on Thursday, with the Saudi bourse giving up early gains, While the Egyptian index extended its gains to a fourth day. Historically, the United Arab Emirates Stock Market (ADX General) reached an all time high of 5426.25 in … Dec 16 (Reuters) - Most major markets in the Gulf traded higher early on Wednesday, with Saudi Basic Industries Corp (SABIC) 2010.SE supporting the Saudi index. Dubai's main share index rose 1%, with blue-chip developer Emaar Properties advancing 2.6%, while Emirates NBD Bank was up 1.4%. Emaar, which has developed some of Dubai's most popular and expensive neighbourhoods, has halted new building work after a construction boom in recent years led to oversupply in the Gulf city, its chairman said on Monday. Other Gulf markets were mixed. Saudi Arabia's benchmark index … India's stock market index is just 2% away from 2020 peak as investors pile back in. Dubai Financial Market General Index is a free-float market-capitalization weighted price index comprising stocks of listed companies. Saudi Arabia's benchmark index added 0.1%, with Al Rajhi Bank firming 0.2%, while its largest … Most Gulf stock markets rose in early trade on Monday, supported by gains in financials, while petrochemical firm Industries Qatar dragged down Qatari stocks. Box 15570, Jeddah 21454, Saudi Arabia Before it's here, it's on the Bloomberg Terminal. The kingdom's benchmark index rose 0.4%, with SABIC, the world's 4th-biggest petrochemicals firm, advancing 1.2%, after it proposed a second-half dividend of 1.5 riyal per share. Saudi Arabia's benchmark index traded flat, with oil behemoth Saudi Aramco dropping 0.4% and Al Rajhi Bank losing 0.3%. Dec 15 (Reuters) - Most major stock markets were subdued in early trade on Tuesday as oil prices weakened, while Qatar's index was supported by financial shares. Bond Traders Close Out Chaotic Year With Key 1% Level in Sig... Investors Rethink Role of Bonds, Tech and ESG After Chaotic... U.S. Mortgage Rates Drop to Record 2.66% for 30-Year Loans. Benefits Lapse for Millions as Trump Fails to Approve Bill. Dec 15 (Reuters) - Most major stock markets were subdued in early trade on Tuesday as oil prices weakened, while Qatar's index was supported by financial shares. nodes[i].dataset.subscription : nodes[i].getAttribute('data-subscription'); if(status ==='true') {nodes[i].checked = true;}}};var nodes = document.querySelectorAll('#form1783 select[data-value]'); if (nodes) { for (var i = 0; i < nodes.length; i++) { var node = nodes[i]; var selectedValue = node.dataset ? Major Gulf stock markets gain on vaccine optimism; Saudi Arabia shares ease. Keep supporting great journalism by turning off your ad blocker. Find Gulf stock market latest news & updates, videos and pictures on Gulf stock market and see latest updates, news, and information at Arabianbusiness. Major Gulf stock markets ended mixed on Sunday with Saudi Arabian shares extending gains for a sixth consecutive day, while Dubai fell after five days of rises. In the fight against coronavirus infection, UK drugmaker AstraZeneca said its vaccine, developed along with the University of Oxford, could be around 90% effective under one dosing regimen. Most major Gulf markets traded in positive territory on Monday, as further encouraging news on the COVID-19 vaccine front boosted investor sentiment, although Saudi shares bucked the trend in early trade. In Abu Dhabi, the index .ADI gained 0.9%, buoyed by a 2.3% rise in the United Arab Emirates' largest lender, First Abu Dhabi Bank FAB.AD. The main Saudi stock index rose, at the close of trading on Monday, by 15.84 points, to reach the level of 8660.31 points, and in transactions of 10.9 billion Have a confidential tip for our reporters? )+[a-z]{2,63}/i);}, failureMessage: "Value must not contain any URL's"});field5.add(Validate.Presence, {failureMessage:"This field is required"});field5.add(Validate.Length, {tooShortMessage:"Invalid length for field value", tooLongMessage: "Invalid length for field value", minimum: 4, maximum: 4});function handleFormSubmit(ele) { var submitButton = ele.querySelector('input[type=submit]'); var spinner = document.createElement('span'); spinner.setAttribute('class', 'loader'); submitButton.setAttribute('disabled', true); submitButton.style.cursor = 'wait'; submitButton.parentNode.appendChild(spinner); return true; }function resetSubmitButton(e){ var submitButtons = e.target.form.getElementsByClassName('submit-button'); for(var i=0;i