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Most Gulf markets rise; Dubai ends lower |
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1010 GMT - Abu Dhabi's main index <.ADI> closes higher after two days of declines, leading gains among most Gulf Arab bourses. |
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UAE markets decline as local investors sell |
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0732 GMT - UAE markets decline for a second trading day on low-volume selling by local investors. Dubai's main index falls 0.62 percent to 5,788.41 points and Abu Dhabi's <.ADI> 0.62 percent to 5,009 points. |
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Saudi index down for 5th straight day |
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1237 - Saudi Arabia's benchmark index falls for a fifth consecutive day, hampered by weakness in stocks. The index <.TASI> ends down 1.04 percent at 9,926.63 points. |
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Industries Qatar weighs on index |
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0704 GMT - Industries Qatar and United Development Co weigh on the main index <.QSI> in early trading. Bahrain also declines. |
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Abu Dhabi surges to more than 2-yr high |
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0838 GMT - Abu Dhabi's main index <.ADI> rises to a more than two-year high, helped by National Bank of Abu Dhabi and Abu Dhabi National Energy Co (Taqa). |
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Gulf markets rise; banks telcos gain |
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Gulf markets all end higher as key banking and telecom stocks show gains. |
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Saudi index slips in early trade after rally |
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0811 GMT - Saudi Arabia's benchmark <.TASI>, which rallied more than 3 percent in the last two trading days as banking stocks soared, slips in early trading. |
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Oman Cement tumbles as Q1 profit disappoints |
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0903 GMT - Oman Cement Co pulls Oman's main index <.MSI> off a record to its first lower close in four trading days after the firm's first-quarter profit disappoints investors. |
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Saudi banks rally, help index extend gains |
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1245 GMT - Saudi Arabia's benchmark <.TASI>, which has closed higher in all but one of the last seven trading days, closes more than 1 percent higher as banking stocks surge. |
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Bank stocks lead Saudi index up early on |
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0815 GMT - Banking stocks lead Saudi Arabia's main index higher in early trading, paced by Arab National Bank <1080.SE> and Samba Financial Group <1090.SE>, which are up 3.1 percent and 0.3 percent respectively. |
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