All
 

 

Just in:  

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

Middle East & Africa

Archive

Saudi Arabia stock edges up as oil rallies DUBAI: Saudi Arabia's stock market rose moderately in early trade on Monday, supported by positive corporate news and firmer oil.The benchmark climbed 0.5 percent as most stocks rose, offsetting negative influence from heavyweight Saudi Basic Industries, which dropped 2.7 percent as it went ex-dividend.Petrochemical firm PetroRabigh surged 4.8 percent after announcing it would ask shareholders to approve raising its capital via a rights issue worth about 7.04 billion riyals ($1.88 billion).The company has yet to decide the offer price and number of new shares, but such issues in Saudi Arabia are usually offered to existing shareholders at a major discount to the market price. Rights can also be sold separately, allowing investors to profit without committing extra cash.Tabuk Agricultural Development and Qassim Agricultural Agriculture jumped 3.4 and 2.5 percent respectively after another firm in the sector, Jouf Agricultural Co, posted a 66.1 percent increase in first-quarter profit on stronger sales ...

Most Gulf markets narrowly mixed but Dubai rises DUBAI: Most Gulf stock markets were narrowly mixed on Sunday, influenced by a mixed set of earnings and corporate news, though Dubai rose on the back of real estate-related stocks. Brent crude oil rose 2.3 percent on Friday and posted a 5.3 percent weekly gain on lowered expectations that an agreement on Iran's nuclear programme would result in a rapid return of more Iranian oil to the market.Meanwhile, world equity markets tested record highs on ...
Oil, earnings lift Saudi Arabia stocks DUBAI: Saudi Arabia's bourse rose broadly in early trade on Sunday on the back of stronger oil and positive earnings reports and expectations.The kingdom's main stock index climbed 0.9 percent and petrochemicals giant Saudi Basic Industries was the main support, jumping 2.9 percent.Brent crude rose 2.3 percent on Friday and posted a 5.3 percent weekly gain on lowered expectations that an agreement on Iran's nuclear programme would result in a rapid return of more Iranian ...
Gulf stock higher on oil, Egypt rises after debt upgrade DUBAI: Most Gulf stock markets rose on Wednesday, buoyed by firmer oil prices, as Egypt climbed after rating agency Moody's Investors Service upgraded the country's sovereign debt.Brent crude had rebounded sharply in the past two days and although it pulled back slightly on Wednesday, it remained above $58 a barrel, about $1 above its levels when Gulf stock markets were open on Tuesday.The Saudi stock index climbed 0.6 percent to 8,852 points in increasing turnover. ...
South African stocks rise for second straight session led by Kumba JOHANNESBURG: South African stocks rose for the second consecutive day on Wednesday as investors scooped up shares in blue-chip heavy-weight Kumba Iron Ore as the price of the commodity steadied.Kumba closed 4.6 percent higher at 145.50 rand, after its shares had fallen by more than 60 percent since April last year due to weaker demand for the steel-making ingredient.Chinese rebar futures steadied, snapping five straight sessions of losses, but weak demand and ample supply in ...
Saudi rally continues, upgrade fails to boost Egypt DUBAI: Saudi Arabia's stock market continued rebounding early on Wednesday because of firmer oil prices, but an upgrade of Egypt's debt by rating agency Moody's failed to boost that bourse.Brent crude has risen sharply in the past two days and although it has pulled back slightly on Wednesday morning, it is still above $58 a barrel, about $1 above its levels when Gulf stock markets were open on Tuesday.The Saudi stock index climbed 0.6 percent ...
Property firms buoy Dubai; Saudi rallies a bit, Egypt continues slide DUBAI: Real estate-related shares led Dubai's stock market higher on Monday while Saudi Arabia rose modestly because of higher oil prices. Heavy profit-taking, fuelled by weak economic data, continued to weigh on Egypt.The Dubai stock index climbed 1.2 percent, buoyed in part by last week's poor U.S. jobs data, which appeared to reduce chances that the U.S. Federal Reserve would hike interest rates anytime soon.Gulf economies will probably imitate U.S. monetary policy because of their ...

 



 
Index Closing Chg%
Arrow DJIA 17,745.98 0.03
Arrow Nasdaq 5,128.79 0.33
Arrow S&P 2,108.63 0.01
Arrow FTSE 6,668.87 0.57
Arrow DAX 11,257.15 0.40
Arrow CAC-40 5,046.42 0.58
Arrow Nikkei 20,522.83 1.08
Arrow H.Seng 24,497.98 0.49
Arrow Sensex 27,705.35 0.51





New 2015 adidas and Nike Soccer Cleats at Kicks Corner uk



Banking Review 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJune
Trade Balance $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyJuly 23, 2015
Reserves $18.677 bln