amwalalghad :: Arab

Your English Portal To Arab Economy

GMC GROUP FOR INDUSTRIAL COMME   1.29        Telecom Egypt   11.48        Modern Company For Water Proof   1.03        Ismailia Misr Poultry   2.45        El Arabia for Investment & Dev   0.34        Ezz Steel   7.86        Egyptian Real Estate Group   6.85        Pioneers Holding   2.84        Rakta Paper Manufacturing   4.39        Orascom Telecom Holding (OT)   3.92        Egyptian Iron & Steel   6.87        Naeem Holding   0.19        Canal Shipping Agencies   7.39        Misr Chemical Industries   5.65        United Arab Shipping   0.43        Egyptians Housing Development    1.94        Universal For Paper and Packag   4.94        Northern Upper Egypt Developme   4.93        Egyptian for Tourism Resorts   0.69        Egyptian Financial Group-Herme   7.42        Orascom Construction Industrie   240.82        Modern Shorouk Printing & Pack   7        Upper Egypt Contracting   0.8        Heliopolis Housing   21.65        Raya Holding For Technology An   4.57        United Housing & Development   8.93        International Agricultural Pro   2.1        Gulf Canadian Real Estate Inve   18.08        Alexandria Pharmaceuticals   45.71        Arab Cotton Ginning   2.46        Egyptian Chemical Industries (   7.26        National Real Estate Bank for    11.84        Six of October Development & I   15.03        National Development Bank   6.72        Oriental Weavers   20.66        Arab Gathering Investment   16.29        Egyptians Abroad for Investmen   2.75        Credit Agricole Egypt   9.04        Palm Hills Development Company   1.61        Remco for Touristic Villages C   2.13        Commercial International Bank    29.87        El Ezz Porcelain (Gemma)   1.9        Egyptian Starch & Glucose   5.4        Arab Real Estate Investment (A   0.41        South Valley Cement   3.12        Citadel Capital - Common Share   2.5        Rowad Tourism (Al Rowad)   5.05        Union National Bank - Egypt "    3.25        Ceramic & Porcelain   2.88        El Nasr Transformers (El Maco)   4.78        Egyptian Media Production City   2.31        GB AUTO   27        Sharkia National Food   3.78        Egyptian Transport (EGYTRANS)   7.85        El Kahera Housing   4.97        El Shams Housing & Urbanizatio   2.45        Egyptian Kuwaiti Holding   0.7        ARAB POLVARA SPINNING & WEAVIN   2.11        Cairo Poultry   8.32        Egyptian Financial & Industria   8        T M G Holding   4.03        Asek Company for Mining - Asco   10.66        Misr Hotels   27        Egyptian Electrical Cables   0.56        Medinet Nasr Housing   22.51        Mena Touristic & Real Estate I   1.21        ELSWEDY CABLES   18        Prime Holding   0.91        Al Arafa Investment And Consul   0.17        Alexandria Spinning & Weaving    0.74        General Company For Land Recla   16.6        Gharbia Islamic Housing Develo   8.41        Alexandria Cement   8.9        Arab Valves Company   0.94        Sidi Kerir Petrochemicals   12.4        TransOceans Tours   0.09        Egyptian for Developing Buildi   6.43        Egyptian Gulf Bank   1.24        Kafr El Zayat Pesticides   18.19        Faisal Islamic Bank of Egypt -   35.1        National company for maize pro   11.86        Delta Construction & Rebuildin   4.03        Zahraa Maadi Investment & Deve   48.25        Samad Misr -EGYFERT   3.52        Egypt for Poultry   1.41        Cairo Development and Investme   11.7        Cairo Pharmaceuticals   20.1        Maridive & oil services   0.9        Suez Canal Bank   3.75        Nile Pharmaceuticals   15.81        The Arab Dairy Products Co. AR   73.85        National Housing for Professio   14.39        El Ahli Investment and Develop   4.87        Egyptian Saudi Finance Bank   10.79        Ismailia National Food Industr   5.16        National Societe Generale Bank   25.52        Acrow Misr   19.16        Alexandria Mineral Oils Compan   63.63        Paper Middle East (Simo)   5.59        Egypt Aluminum   12.31        Giza General Contracting   13.12        Middle Egypt Flour Mills   5.82        Extracted Oils   0.6        Assiut Islamic Trading   4.56        Engineering Industries (ICON)   3.95        North Cairo Mills   15.3        Arab Pharmaceuticals   11.88        Grand Capital   5.38        El Ahram Co. For Printing And    10.68        Minapharm Pharmaceuticals   25.49        El Arabia Engineering Industri   13.52        El Nasr For Manufacturing Agri   9.71        Naeem portfolio and fund Manag   1.7        Faisal Islamic Bank of Egypt -   6.76        Natural Gas & Mining Project (   68.26        Housing & Development Bank   13.95        East Delta Flour Mills   31.5        Orascom Development Holding (A   3.22        Memphis Pharmaceuticals   11.12        Abou Kir Fertilizers   134.23        Delta Insurance   5        Cairo Investment & Real Estate   12.18        Cairo Oils & Soap   12.98        Egyptian Arabian (cmar) Securi   0.36        Egyptian Real Estate Group Bea   15.56        Alexandria Containers and good   85.51        Upper Egypt Flour Mills   45.78        Development & Engineering Cons   9.94        Sinai Cement   15.18        Medical Union Pharmaceuticals   28.01        Torah Cement   24.2        Alexandria New Medical Center   46.55        Export Development Bank of Egy   5.04        Egyptian Company for Mobile Se   92.02        Middle & West Delta Flour Mill   32.7        El Kahera El Watania Investmen   4.18        Mansourah Poultry   12.41        Delta Sugar   11.04        Misr Beni Suef Cement   41.21        Egyptian Satellites (NileSat)   6.14        Cairo Educational Services   17.75        Lecico Egypt   7.55        Sharm Dreams Co. for Tourism I   5.3        General Silos & Storage   10.77        Al Moasher for Programming and   0.66        UTOPIA   5.28        Arab Ceramics (Aracemco)   25.4        Barbary Investment Group ( BIG   0.98        

Money Markets - Arab

Amwal Al Ghad - 2012-03-07 09:37:02
Dubai’s bourse fell from its recent peak with losses across multiple sectors as investors booked gains from the recent rally, and Abu Dhabi extended its decline. The Dubai’s main index dropped 3.7 % to 1,689.18 points, down from Sunday’s 16-month closing high. Analysts were calling for a correction in the market, stating the sharp rally was not healthy. “Dubai’s index formed a doji candle on Monday; observing such a candle after a long rally usually signals that a correction is approaching, and sure enough the index fell today, ahead of resistance at 1,800 points,” said Sleiman Aboulhosn, assistant fund manager at Al Masah Capital. A doji candle is where the open and close price are identical or almost identical. Dubai’s market closed flat on Monday. More»
Amwal Al Ghad - 2012-03-06 12:37:52
Libya's stock exchange is to re-open on March 15, just over a year after the country's conflict forced it to close down, the head of the bourse said on Sunday. The exchange had previously said it would open at the end of February, but General Manager Ahmed Karoud said that was pushed back because of electricity outages at the bourse and delays in receiving regulatory filings from the listed companies. The re-launch of the exchange will be a symbol that Libya is open for business again after the conflict that ousted Muammar Gaddafi. It is also likely to attract interest from foreign investors seeking opportunities in the new Libya. "We will resume trading on the Libyan Stock Market on March 15, after nearly a year and a month of being closed," Karoud told a news conference. More»
Amwal Al Ghad - 2012-03-05 08:29:37
Dubai stocks, almost on a consistent upswing since the middle of February, on Sunday rallied to their highest level in 15 months as investors became more optimistic about an imminent recovery on the back of positive global signals. The DFM General Index advanced 3.1 per cent to 1,754.20, the highest since November 2010, at the 2pm close on Sunday. The measure rallied 21 per cent in February, the biggest gain among benchmarks worldwide. Arabtec Holding, the UAE’s biggest construction company, rose for the eighth time on Sunday by two per cent to Dh3.57, bringing its rally this year to 125 per cent, Dubai Financial Market surged 14 per cent to Dh1.19, the highest since August 4. More»
Amwal Al Ghad - 2012-03-04 16:15:31
Al Rajhi Bank, Saudi Arabia’s largest publicly traded lender, has appointed Sulaiman bin Abdul Aziz Al Zaben as chief executive officer after Abdullah bin Sulaiman Al Rajhi resigned. Al Zaben’s appointment will be effective April 1, the bank said in a statement to the Saudi bourse on Sunday. Al Rajhi resigned to pursue his personal business, it said, without providing further details. Al Rajhi reported in January a 14 percent rise in fourth-quarter profit, beating analysts’ estimates. The lender reduced provisions for bad loans to SR540.6m in the quarter from SR546.5m a year earlier. More»
Amwal Al Ghad - 2012-03-04 16:04:55
Aldar Properties led Abu Dhabi's bourse to a seven-month high on Sunday after Moody's raised its outlook on the developer to positive and Dubai's bourse extended its rally while other regional markets ended mixed. Shares in Aldar surged 6.8 percent to their highest close since August. Moody's changed the company's outlook to positive from negative after the government bought assets from the developer, reducing market risk. "Fundamentals are accurately reflected right now, but any bit of positive news is an addition the rally can take into account and build on," said Amer Khan, fund manager at Shuaa Asset Management. More»
Amwal Al Ghad - 2012-03-03 16:45:48
The Tadawul All-Share Index (TASI) extended gains for several weeks in a row. Last week, the index added 195.17 points, or 2.78 percent, to end at 7,226.43 and even poked above its previous 52-Week highest level at 7,031.26. It logged a healthy YTD return of 12.6 percent. "Though volatility exists but overall upward momentum in major recent economic indicators correlates Tadawul to drive high," Basil Kabbani, CEO of Zughaibi & Kabbani Financial Consultants, said. This upward price movement and happy buying climate may prolong at Saudi stock market, he added. More»
Amwal Al Ghad - 2012-03-03 16:26:22
The Iraqi Stock Exchange index increased by 0.2% to close at 122.7 points as rates of shares of 26 out of a total 51 companies were up during Thursday’s session of trading worth 1.834 billion Iraqi dinars (roughly $1.6 million). About one billion shares exchanged hands through 607 trading deals in the session that saw rates of shares of 26 companies up, 10 down and 15 keeping their previous levels. More»
Amwal Al Ghad - 2012-03-03 14:00:20
Saudi Arabian shares rose for an 11th day, the longest winning streak since August 2005, after global stocks advanced as manufacturing and jobs data in China and the U.S. boosted the world’s economic outlook.The Tadawul All Share Index (SASEIDX) rose 0.9 percent to 7,336.21, its highest level since Sept. 28, 2008. The 152-member index’s rally is the longest since a 14-day surge that ended on Aug. 8, 2005. Al Rajhi Bank (RJHI), Saudi Arabia’s largest publicly traded lender by assets, jumped the most in more than seven weeks. Alinma Bank (ALINMA), an Islamic lender, reached its highest price in 23 months. More»
Amwal Al Ghad - 2012-03-03 13:13:56
Mecca Gov. Prince Khaled Al-Faisal will open today the 12th Jeddah Economic Forum (JEF) under the theme “Beyond Borders: Building Tomorrow’s Economies.” More than 3,000 leading economists and businessmen from Saudi Arabia, the GCC and foreign countries are expected to attend the three-day event to be held at the Jeddah Hilton Hotel. Saleh Kamel, chairman of the Jeddah Chamber of Commerce and Industry (JCCI), which is organizing the forum, said this year’s gathering was a continuation of the previous other events which were very successful. More»
Amwal Al Ghad - 2012-03-03 09:58:03
Heavy flows of new money into Saudi Arabia’s stock market mean its bull run may just have begun, despite year-to-date gains by the main index of 13 percent, analysts say. Daily trading turnover on the Saudi exchange in February ran at between two and three times levels seen late last year. It jumped to SR16.1 billion ($4.3 billion) Tuesday, the highest level since January 2008 - before the global financial crisis damaged confidence in equities around the world. More»