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Suez Cements standalone loss reachs EGP 95M in 1Q2019       Suez Cement (SUCE.CA) - Board of Directors Meeting Decisions       Release from Commercial International Bank (Egypt) (COMI.CA) Concerning the EGM       Release from Torah Cement (TORA.CA) Concerning The Call Of The EGM       Marseille Almasreia Alkhalegeya For Holding Investment (MAAL.CA) Release From FRA (NILEX)       Alexandria Containers profits down 21% in 10 months       El-Nile Pharmaceuticals posts EGP 16M profit in 10 months       Release from Egyptian for Tourism Resorts (EGTS.CA) Regarding the AGM & EGM       Release from Arabia Investments Holding (AIH.CA) Concerning The Financial Results       Misr Cement (Qena) (MCQE.CA) Cash Dividends       Arabia Investments Holding (AIH.CA) - Board Of Directors Decisions       Arabia Investments profits inch down in Q1       Gold slides to two-week low, faces biggest weekly loss in a month       Co-op Bank, Barclays held failed takeover talks in late 2018       New banking bill to be referred to parlt before end of May: CBE       IMF staff agrees to disburse final $2B tranche of Egypt loan       Dollar exchange rate continues downward trend at Egypts major banks       Egypts exports of fruits, vegetables rise to 2.7M tons       Pharos Research sets Suez Canal Banks fair value at EGP 7/share       Misr Cement declares cash dividends of EGP 0.50/share      
ACGC.CA  5.67    1.07%      AFDI.CA  12.02    1.52%      APSW.CA  2.71    1.88%      COMI.CA  73.35    0.87%      EFIC.CA  16.93    1.93%      EGTS.CA  1.55    2.65%      EHDR.CA  5.13    2.40%      EKHO.CA  0.80    -1.23%      ELEC.CA  0.89    3.49%      ELKA.CA  14.98    0.00%      EMOB.CA  128.73    1.83%      EPCO.CA  2.30    0.00%      ESRS.CA  19.59    0.98%      ETEL.CA  13.49    -0.37%      HRHO.CA  23.27    0.00%      IFAP.CA  2.38    2.15%      KABO.CA  1.49    0.68%      MNHD.CA  10.29    1.78%      MOIL.CA  0.28    3.70%      NCGC.CA  6.55    0.00%      OCDI.CA  19.54    0.41%      OCIC.CA  217.47    0.00%      ORTE.CA  4.42    1.38%      PHDC.CA  4.06    1.50%      PIOH.CA  8.47    0.59%      SPIN.CA  2.05    1.49%      SVCE.CA  5.49    2.23%      SWDY.CA  136.72    0.80%      TMGH.CA  10.22    1.89%      UEGC.CA  0.77    1.32%      
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Banks aid Saudi gain, Dubai falls on real estate


Saudi stocks rose early on Monday, a day after falling to a one-month low, as banks rebounded and oil prices gained amid expectations that the kingdom will push OPEC to cut supply.
Saudi Arabias index added 0.4 percent, with heavyweights Al-Rajhi Bank climbing 0.6 percent and National Commercial Bank rising 1.2 percent.
Stock market data on Sunday showed that qualified foreign investors were net sellers in the week to Nov. 15, extending a wave of sell-offs on concerns over Saudi Arabias deteriorating relations with foreign governments after the killing of journalist Jamal Khashoggi.
U.S. President Donald Trump on Monday said he wants to maintain a close alliance with Saudi Arabia despite Khashoggis death and questioned the alleged role of Saudi Crown Prince Mohammed bin Salman.
Some cement stocks including Saudi Cement, Al Jouf Cement and Yanbu Cement gained, partly on hopes that a possible end to the Yemen war could boost cement demand for reconstruction. But high geopolitical tensions in the Gulf make it unclear whether a permanent resolution to the conflict is possible.
Yanbu Cement was up 0.6 percent, while Al Jouf gained 0.9 percent and Saudi Cement was 0.1 percent higher.
The Qatar index, which gained in the last session after a rebound in Qatar Fuel, edged down 0.2 percent.
Qatar Fuel fell 1.9 percent, while Qatar National Bank lost 0.8 percent and Qatar Islamic Bank shed 0.7 percent.
In Dubai, the index fell 0.5 percent, pulled down by real estate firms.
Dubai Investments fell 4 percent in its fourth straight session of declines after MSCI decided to move the stock to its UAE small cap index from its United Arab Emirates standard index.
DAMAC Properties dropped 1.4 percent and Union Properties slipped 2.9 percent.
Nasdaq-listed DP World was up 0.1 percent. The companys chairman told Reuters on Sunday he believed international trade tensions will make 2019 challenging but not unmanageable.
The global ports operator was taking measures to reduce costs and is addressing how it will manage a challenging 2019, the chairman added.

The Abu Dhabi index was flat with Abu Dhabi Islamic Bank rising 4.9 percent after news that foreigners are allowed to own up to 25 percent of shares in the bank from Monday.
Abu Dhabi National Hotel surged 8.6 percent.

Time Added: 2018-11-19 13:47:45
Source: arabfinance
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