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Dubai at 15-week low, most Gulf markets retreat |
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Dubai shares ended at a 15-week low on Wednesday and most other Gulf markets retreated, as slipping oil prices and concerns over a debt crisis in Europe worsening kept investors away. |
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Egypt falls ahead of elections; Saudi off lows |
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Egypt's bourse extended declines on Tuesday as investors cut risk ahead of a presidential election that is unlikely to clear up an uncertain economic outlook, while Saudi shares recovered from a 13-week low on bargain-hunting. |
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Saudi hits 12-wk low; Gulf down on Greece uncertainty |
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Saudi Arabia's bourse slumped to a fresh 12-week low on Monday and other markets also fell as uncertainty over Greece's future position in the euro zone hit sentiment and investors cut risk across the region. |
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Arabtec weighs on Dubai; stability hopes lift Egypt |
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Dubai's Arabtec dragged the bourse to a 13-week low on Sunday after investors pocketed gains amid concerns about minority shareholders' stake in the contractor, while Egyptian stocks rebounded on optimism over political stability in the country. |
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Gulf bourses extend decline |
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Dubai and Qatar's benchmarks slumped to three-month lows on Thursday and other local markets were also lower as investors cut risk ahead of the regional weekend, with sentiment shaken by sustained losses on global markets. |
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Saudi makes biggest drop in 3 weeks on global woes |
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Saudi Arabia's bourse made its largest decline in three weeks as the euro zone debt crisis spooked the kingdom's investors, with small-cap stocks the worst hit.
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Egypt hits 7-week high; Gulf mixed |
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Egypt's bourse rallied to a seven week high on Tuesday, underpinned by optimism for a smooth presidential election and the first increase in foreign reserves since 2010, while Gulf bourses closed mixed in muted trade. |
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Orascom lifts Egypt; most Gulf bourses down |
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Orascom Construction Industries (OCI) gained on Monday ahead of an expected demerger approval, helping lift Egypt's bourse, while most Gulf markets fell as falling oil prices and global shares weighed. |
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Most Gulf bourses end lower on weak US data |
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Most Gulf bourses fell on Sunday, tracking losses in global markets over the weekend, as sentiment weakened after disappointing US jobs data, while Qatar's bourse bucked the regional trend. |
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Egypt falls after clashes; Dubai extends decline |
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Egypt's market fell on Wednesday as concerns weighed over the country's transition to democracy after deadly clashes near the Defence Ministry in Cairo, while Dubai's bourse fell for a sixth session and other markets were flat. |
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