Just in:  

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

Middle East & Africa


Bahrain bourse sets margin trading, market maker rules DUBAI: The Bahrain Bourse has approved regulations allowing margin trading and set up a framework for market makers in an effort to boost liquidity, it said on Tuesday.Margin trading, which investors use to leverage their money, is to start in September. Market makers stand ready to fill buy and sell orders on a continuous basis; the bourse did not say when they might start operating or if any companies had been chosen for that role.With a capitalisation of just $21 billion, Bahrain's stock market has struggled to attract regional funds in the face of competition from much bigger markets such as Saudi Arabia, Qatar and the United Arab Emirates.The Bahrain Bourse also said on Tuesday that it had approved trading of options, exchange-traded funds and real estate investment trusts.Late last year, the UAE established regulations for market makers and licensed the first one as it prepared for its inclusion in ...

Dubai tumbles, led by Arabtec; Egypt up after Sisi sworn in DUBAI: Dubai's bourse fell sharply on Monday as investors booked profits in the region's best-performing market this year, while Egypt was lifted by the inauguration of a new president and an offer to buy a large stake in investment bank EFG Hermes.The Dubai benchmark tumbled 4.1 percent to 4,771 points, its biggest decline since May 20. Builder Arabtec led losses, tumbling 9.7 percent to 5.42 dirhams.The stock has tripled in value this year, making it ...
South Africa stocks benefit from European stimulus JOHANNESBURG: South African share prices edged slightly higher on Thursday as a European Central Bank decision to cut rates buoyed local gold stocks such as AngloGold Ashanti.The ECB announced a raft of stimulus measures, such as cutting rates and imposing negative rates on its overnight depositors, to boost the eurozone economy.Spot gold jumped 1 percent after the ECB announcement, helping to push Johannesburg's bullion index 0.7 percent higher."We have seen a bit of turnaround in ...
Kenyan shilling strengthens, more gains seen NAIROBI: The Kenyan shilling strengthened on Thursday, with sentiment boosted by the launch of a roadshow to sell a debut Eurobond that could raise the country's foreign exchange reserves.At 0848 GMT, commercial banks quoted the shilling at 87.20/30, compared with Wednesday's close of 87.40/50.Kenya, rated B+ by Standard & Poor's and Fitch, is meeting fixed-income investors in the United States and Britain before selling its dollar Eurobond to raise up to $2 billion.The central bank ...
Egyptian markets to close Sunday for inauguration of Sisi CAIRO: Egypt's bourse will be closed on Sunday after the government announced it as an official holiday to mark the inauguration of president-elect Abdel Fattah al-Sisi, the bourse head Mohamed Omran said on Thursday.Copyright Reuters, 2014 ...
South African shares edge higher, market watches platinum talks JOHANNESBURG: South African shares barely closed in the black on Wednesday as investors awaited the outcome of the latest round of negotiations to end the country's longest-running platinum sector strike.Newly installed mining minister Ngoako Ramatlhodi said he hoped the five-month stalemate between miners and their employers could end this week, but even his optimism failed to lift prices for producers Impala and Lonmin."People are just waiting for what is coming with the miners. There is ...
ECB, China support emerging markets; Qatar, UAE fall on debut LONDON: Qatari stocks fell 1 percent on Monday as the country debuted in MSCI's mainstream emerging index, though firmer Chinese data and expectations of euro zone policy easing lent support to broader emerging market assets.Qatar and United Arab Emirates, the two best performers this year in MSCI's frontier index, are now classed as emerging markets with index weightings of 0.53 percent and 0.64 percent respectively - larger than Egypt, Hungary or Peru.While UAE stocks fell, ...


Index Closing Chg%
Arrow DJIA 17,098.45 0.11
Arrow Nasdaq 4,580.27 0.50
Arrow S&P 2,003.37 0.33
Arrow FTSE 6,825.31 0.08
Arrow DAX 9,479.03 0.09
Arrow CAC-40 4,379.73 0.03
Arrow Nikkei 15,476.60 0.34
Arrow H.Seng 24,752.09 0.04
Arrow Sensex 26,867.55 0.86

where to buy

cheap wedding dresses

online -

Buy cheap Nike Mercurials cleats at
cheap wedding dresses on - Best Online Wedding Store

Banking Review 2013

Buy direct from

China free shipping trade platform

Buy new style hair wigs at cheap price on

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.311 bln
Exports $2.027 bln
Imports $4.338 bln
WeeklyAugust 28, 2014
Reserves $13.582 bln