Middle East ETF News Older than One Year


August 9, 2018--MIDEAST STOCKS-Abu Dhabi hits four-year high, Saudi slips amid Canada row

August 9, 2018--Abu Dhabi's stockmarket touched four-year highs on Wednesday, helped by bank stocks, while Saudi Arabia's dipped amid a diplomatic row with Canada.

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Source: Zawya.com


Canada's TMX says no plans for talks with Saudi Aramco over IPO

August 8, 2018--Canada's TMX Group Ltd said on Wednesday it had no plans for further talks with oil company Saudi Aramco about a partial listing on the Toronto Stock Exchange as part of what is expected to the world's largest initial public offering.

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Source: Zawya.com


Markets monthly review: Middle East stocks enjoy buoyant July as Qatar, UAE lead gains

August 8, 2018--Middle East markets were broadly upbeat in July as Dubai's bourse rebounded following an early summer slump, Qatar extended its 2018 gains and Kuwaiti traders bought into the hype of a potential emerging market upgrade.

MIDEAST STOCKS-Gulf stocks open weak, Abu Dhabi eases after hitting 3-year high

August 7, 2018--The Abu Dhabi market eased from a three-year high on Tuesday on profit-taking and weakness in Aldar Properties as its quarterly earnings slumped, while Qatari stocks were lacklustre as banks lost ground.

Abu Dhabi's index was down 0.2 percent, after hitting its highest level since late July 2015 on Monday.

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Source: Zawya.com


MIDEAST STOCKS-Energy stocks lift Abu Dhabi, Saudi, Qatar flat

August 6, 2018--Firm oil prices boosted energy shares in the Abu Dhabi market and financials boosted Kuwaiti stocks on Monday, however the Gulf's two star performers, Saudi and Qatari stocks, were little changed in the absence of major corporate or economic news.

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Source: Zawya.com


MIDEAST STOCKS-Gulf insurers jump on Q2 results, petchems down on oil

August 5, 2018--Gulf stocks were mixed on Sunday, with some companies' positive financial results offsetting a bearish background due to persisting global trade concerns and lower oil prices.

Oil gave up earlier gains late last week as fears that Chinese demand could taper weighed on prices.

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Source: Zawya.com


MIDEAST STOCKS-Abu Dhabi leads Gulf share tumble as world trade fears spread

August 2, 2018--Abu Dhabi's stock market fell on Thursday, leading a tumble of most Gulf bourse's as fears spread of an escalating trade dispute between the United States and China.

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Source: Zawya.com


MIDEAST STOCKS-Bank sector gains send Qatar to highest close for 14 months

August 1, 2018--Qatar's stock market closed at its highest level for 14 months, led by banking stocks and overtaking Saudi Arabia as the top-performing index in the Gulf region while other markets were mixed amid lacklustre trading.

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Source: Zawya.com


DGCX Records Highest Average Open Interest, Surpassing 300,000 Contracts for July

August 1, 2018--Building on a record-breaking first half of the year, the Dubai Gold and Commodities Exchange (DGCX) has begun H2 strongly, recording an Average Open Interest (AOI) of 323,477 contracts in July, bringing the AOI for 2018 to an all-time high of 304,398 contracts, up 29% from 2017.

The overall volumes for the month touched 1,894,155 contracts with a value of USD 38.49 billion, a year-on-year (Y-O-Y) increase of 36%.

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Source: DGCX


Funds' confidence in UAE equities returning, bullish on Kuwait

July 31, 2018-- Fund managers' confidence in United Arab Emirates stock markets is returning after being damaged by the planned liquidation of Dubai-based private equity firm Abraaj, while funds remain very positive on Kuwait, a monthly Reuters poll showed on Tuesday.

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Source: Zawya.com


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