Middle East ETF News Older than One Year
8UAE slips back, Qatar edges higher
December 22, 2105--Stock markets in Dubai and Abu Dhabi fell back in early trade on Tuesday as blue chips sold off,
while Qatar edged higher as traders bought shares in banks and the real estate sector.
Source: Zawya.com
Semi-Annual Update of the Israeli High-Tech Companies Index
In November 2015, the TASE and BlueStar launched the ITEQTM-the first exchange-traded fund (ETF) on the index, traded on NASDAQ.
December 21, 2015--BlueStar announced the semi-annual update of the TA-BIGITech[TM] Index, which includes the Israeli or Israeli-linked high-tech companies traded in Tel Aviv and/or abroad.
Following the update, which will take effect today, Monday, December 21, 2015, the Index will include 71 companies with an aggregate market cap of approx. $76 billion.
Source: Tel Aviv Stock Exchange (TASE)
Arab bourses continue to slide as oil prices hit 11-year low
December 21, 2015--Brent blend was trading at $36.05 a barrel, its lowest level since 2004, since 2004, at 0905 GMT.
Stock markets in the Arab world continue to slide as crude oil prices hit new lows.
Source: AME Info
Saudi, Dubai slip in blue chip sell-off
December 20, 2015--Stock markets in Saudi Arabia and Dubai fell back on Sunday after oil prices slumped
further, while Abu Dhabi and Egypt were buoyed by banking shares.
Source: Zawya.com
The Saudi Stock Exchange Announces the Publication of the Weekly Stock Market Ownership and Trading Activity Report (by Nationality and Investor Type)
December 19, 2015--The total value of shares traded for the week ending 17 December 2015 amounted to SAR 29.54 billion, increasing by 11.25% over the previous week; while total stock market capitalization reached SAR 1,629.26 billion at the end of this period, increasing by 1.11% over the previous week.
Source: Tadawul.com.sa
Gulf markets keep faith in FX pegs after U.S. rate hike
December 17, 2015--Financial markets in the Gulf reacted calmly to the first U.S. interest rate hike in nine years,
suggesting most investors think the region can defend its currency pegs to the dollar for the foreseeable future.
Source: Zawya.com
Gulf sees mixed signals as oil, Asian mkts diverge
December 17, 2015--Gulf stock markets see mixed signals from outside the region on Thursday as a hike in U.S.
interest rates sent Asian stocks surging in early trade but also pushed oil prices lower.
Source: Zawya.com
Dubai leads Gulf recovery as global mkt gains boost mood
December 16, 2015--Dubai led gains as Gulf bourses extended a recovery from multi-year lows hit earlier this week,
with upbeat global markets helping bolster fragile regional investor sentiment.
Source: Zawya.com
Gulf mkts may falter as oil slump persists; Egypt more upbeat
December 15, 2015--Gulf markets face further declines as oil prices remain anchored near seven-year lows, while
Egypt stocks may be supported by new monetary and fiscal policies targeting economic growth.
Source: Zawya.com
Markets gloomy as Brent dips below USD38
December 14, 2015--Middle East markets may deepen losses on Monday as
investors wait for governments to announce their annual spending plans.
Source: Zawya.com
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