Leading providers of investment research, business and IP research and company valuation services
The GCC markets showed a positive trend for the week ended March 19, 2009, as increased oil prices boosted investor confidence. This boosted liquidity and resulted in stronger week-to-date (WTD) returns. The Saudi Arabia, Qatar and Abu Dhabi indices reported relatively better returns due to greater dependence on oil revenues. Qatar’s bourse gave the best [...]
GCC markets exhibited mixed trends this week, with some markets posting marginal gains. Saudi’s Tadawul All Share Index was the worst performer with a loss of 11.0%. Confidence among Saudi investors was at its lowest level. Saudi markets witnessed heavy selling due to the decline in crude prices (below $50) and fears of an economic [...]
GCC markets, with most markets posting double-digit losses, were extremely weak this week. Markets witnessed widespread selling as recession fears deepened. The Tadawul exchange, with week-to-date (WTD) decline of 9.8%, wiped off all of its last week’s gains. Last week’s rate cut by the Monetary authority notwithstanding, the fall in crude prices severely impacted the [...]
