Home Page Pioneers Holding Website Site Map عربي
Release from FRA Concerning Assiut Islamic Trading (AITG.CA)       Release from FRA Concerning El Arabia Engineering Industries (EEII.CA)       Saudi Arabia to meet banks on export-credit finance plans, sources say       Germany resists pressure to ease Saudi arms export halt       Egypt has achieved many economic breakthroughs: AfDB       Official Visit of the President of Bulgaria Rumen Radev to the Arab Republic of Egypt       Foreign currencies exchange rates and gold prices       Telecom Egypt revenues reach LE22.8bn in 2018       HDB standalone profits jump to LE1.6 bn ending Dec 2018       EG-Bank sees 12% profits increase ending Dec 2018       March 23: Gharbia Islamic Housing to review dividends       Gharbia Islamic Housing earnings ebb to LE927 k ending Dec 2018       Release from Gharbia Islamic Housing Development (GIHD.CA) Concerning the AGM & EGM       Release from Arab Pharmaceuticals (ADCI.CA) Concerning the Executive Manager       Release from Arabia Investments , Development , Financial Investments Hol (AIND.CA) -Concerning the Board Of Directors Decisions       Arab Gathering Investment (AMIA.CA) Amendments in the of the Board of Directors.       Arab Gathering Investment (AMIA.CA) - Corporate Governance Report       Arab Gathering Investment (AMIA.CA) - Decisions of the Board of Directors Meeting       Gharbia Islamic Housing Development (GIHD.CA) - Board of Directors Meeting Minutes       Release from Gharbia Islamic Housing Development (GIHD.CA) Concerning the AGM & EGM      
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%      
First Name
Last Name
E-Mail
E-Mail
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
  print
Send to a friend
Your Name
Your E-mail
Your Friend Name
Your Friend E-mail
Your Message
 
Share on Facebook

Related News
Release from FRA Concerning Assiut Islamic Trading (AITG.CA)
Release from FRA Concerning El Arabia Engineering Industries (EEII.CA)
Saudi Arabia to meet banks on export-credit finance plans, sources say
Germany resists pressure to ease Saudi arms export halt
Egypt has achieved many economic breakthroughs: AfDB
Official Visit of the President of Bulgaria Rumen Radev to the Arab Republic of Egypt
Foreign currencies exchange rates and gold prices
Telecom Egypt revenues reach LE22.8bn in 2018
HDB standalone profits jump to LE1.6 bn ending Dec 2018
EG-Bank sees 12% profits increase ending Dec 2018