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New IPOs add $5.8bn to UAE's stock market capitalisationThe local stock markets attracted a new market capitalisation of nearly AED21.3 billion ($5.8 billion), thanks to three new initial public offerings (IPOs) witnessed since the beginning of this year, in line with market plans to double its mar More… |
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DSIG launched under Dubai Chamber’s Business GroupsThe Dubai Stockbrokers and Investment Services Group (DSIG) has been launched as the market capitalisation of Arab stock exchanges exceeded $4.36 trillion at the end of April 2024, according to the Arab Monetary Fund. More… |
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UAE market cap soars as top 16 listed companies hit $719bnAs of January 2024, the aggregate market capitalisation of the top 16 national companies listed on local exchanges stood at AED2.7 trillion ($719 billion), reported Wam. Driven by planned market More… |
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Boursa Kuwait records 60.67% jump in its Q1 net profitThe national stock market of Kuwait, Boursa Kuwait’s first quarter 2022 net profit (attributable to the equity holders of the parent company) has rocketed 60.67% to KD5.25 million ($17.12 million) from KD3.26 million in Q1 2021.& More… |
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Boursa Kuwait records 60.67% jump in its Q1 net profitThe national stock market of Kuwait, Boursa Kuwait’s first quarter 2022 net profit (attributable to the equity holders of the parent company) has rocketed 60.67% to KD5.25 million ($17.12 million) from KD3.26 million in Q1 2021.& More… |
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Boursa Kuwait posts $52.56m profitBoursa Kuwait has announced net profits (attributable to equity holders of Boursa Kuwait) of KD15.9 million ($52.56 million) for the financial year ended December 31, 2021, an increase of approximately 26.3% from 2020 net profits of KD12.6 mil More… |
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Boursa Kuwait ends consultation for rulebookBoursa Kuwait has concluded a market-wide consultation for the draft of the rulebook in efforts to strengthen regulations in the market and advance the overall market performance. The extensive Boursa Kuwait Rulebook outlines mark More… |
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S&P 500 hits record high on global risk appetiteThe US benchmark S&P 500 stock index set a record intraday high on Monday as last week's strong monthly US jobs report worked its way into financial markets, and European shares rose as a single candidate emerged to succeed David Cameron More… |
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Equities gain as global economy fears easeUS and European shares rebounded from recent weakness on Friday, with reassuring US retail sales data boosting sentiment, while US crude prices rallied from more than 12-year lows. Banking shares in the United States and Europe sp More… |
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China lets yuan fall faster, sends markets reelingChina accelerated the devaluation of the yuan on Thursday, sending currencies across the region reeling and domestic stock markets tumbling, as investors feared the Asian giant was kicking off a virtual trade war against its competitors. More… |
