Just in:  

You are here: Home»Markets»Equity»Middle East & Africa

Middle East & Africa


South African stocks rebound from biggest weekly drop of 2015 JOHANNESBURG: South African stocks ended higher on Monday as traders chased after bargains after the main indices suffered their biggest weekly drop of the year in the previous week.The blue-chip JSE Top-40 index was up 0.72 percent to 46,202 and the broader All-share index rose 0.66 percent at 52.139.Both indices dropped nearly 3 percent last week, their biggest weekly fall since the middle of December last year amid growing views that the U.S. could raise interest rates as early as June."The much oversold short term position encourages some bargain-hunting, short-covering and very short-term technical improvement," Imara SP Reid said in a note.Financials dominated the gainers' list on the benchmark index with Investec and Barclays Africa Group up 3.6 and 2.8 percent respectively.On the downside, African Rainbow Minerals plunged 7.89 percent after the mining firm said first-half profit fell by more than half.Trade was relatively slow with 173 million shares changing ...

Saudi Arabia's index slumps to 2-week low as oil extends drop DUBAI: Saudi Arabia's stock index posted its biggest single-day loss in two months on Monday as oil prices extended their slide.The benchmark dropped 2.0 percent to a two-week low of 9,438 points in a broad sell-off. The petrochemicals sector fell 2.6 percent.The earnings of petrochemicals producers, which constitute the biggest sector on Saudi Arabia's stock market, have been hit hardest by oil's sustained fall as their sales prices are often linked to petrochemicals prices.Also, Saudi ...
Gulf stock drops, following oil; Egyptians book profits DUBAI: Gulf stock markets, including the previously resilient Saudi Arabia, extended losses alongside oil on Monday, while Egypt dropped on profit-taking after a strong run and ahead of a fresh public offer of shares.Brent crude fell to around $54 a barrel, its lowest for more than a month, on rising global inventories and signs of a possible nuclear deal with Tehran that could allow more Iranian oil exports.Saudi Arabia's stock index posted its biggest single-day ...
Dubai bourse outlook sluggish as profit growth slows DUBAI: Dubai's stock market may stay subdued for months as corporate profit growth slows and investors' attention and money shifts to Saudi Arabia, which is about to open its market to direct foreign investment.For the last several years, Dubai has been the focus for many investors seeking to ride the Gulf Arab economies' economic boom. Its index more than doubled in 2013, making in the best-performing major market in the world.Trading volumes ballooned several-fold as ...
Saudi Arabia stock slips, Egypt pulls back after rally DUBAI: Saudi Arabia's stock market edged down in early trade on Monday because of weak consumer stocks and oil prices, while Egypt pulled back broadly after a rally prompted by announcements of large projects at an investment summit over the weekend.The main Saudi index fell 0.5 percent and food makers Savola Group and Almarai were among the main drags, falling 1.1 and 1.7 percent respectively.Brokerage NBK Capital on Monday reiterated a "hold" recommendation on Almarai ...
Weak oil may depress Gulf; investment deals could support Egypt DUBAI: Oil's fresh slide may pressure Gulf stock markets on Sunday, while Egypt may rise after Gulf Arab allies pledged a further $12 billion of investments and central bank deposits for Cairo at an international summit. Global oil prices tumbled on Friday and fell 9 percent on the week, hit by a renewed rally in the dollar and a warning by the International Energy Agency that the oil glut is growing.Brent crude settled near a ...
Gulf markets fall after oil tumbles DUBAI: Gulf stock markets fell in early trade on Sunday after oil prices tumbled again, while Dubai-listed Egyptian firm Orascom Construction rebounded.Brent crude settled near a one-month low below $55 a barrel on Friday and fell 9 percent on the week, hit by a renewed rally in the dollar and a warning by the International Energy Agency that the oil glut is still growing. Dubai's index fell 1.0 percent as most stocks declined. Bahraini investment ...


ArrowDJIA 17,678.23 0.23
ArrowNasdaq 4,863.36 0.27
ArrowS&P 2,056.15 0.24
ArrowFTSE 6,895.33 1.37
ArrowDAX 11,843.66 0.18
ArrowCAC-40 5,006.35 0.29
ArrowNikkei 19,471.12 1.39
ArrowH.Seng 24,497.08 0.13
ArrowSensex 27,457.58 2.33

New 2015 adidas and Nike Soccer Cleats at Kicks Corner uk

ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-999 mln
Exports $2.064 bln
Imports $3.063 bln
WeeklyMarch 13, 2015
Reserves $16.273 bln