Manama \Media in, 21-25-2019 Bahrain General Index closed at 1,409.43 points, up 12.97 points from the previous close. The index closed at 734.97 points, up 1.81 points from the previous close. The volume of shares traded today amounted to 4, 188 thousand and 150 shares with a total value of …
Read More »KUWAIT Bourse ends Tuesday’s trading in green Zone
Media IN Kuwait, May 21, 2019 KUNA Boursa Kuwait ended trading Tuesday in green zone as the premier market index went up by 51.03 points to reach 6,058.34 points. The main market index went up by 10.86 points to reach 4,708.54 points, same as the All share market index which …
Read More »Dana Gas commences drilling Operations at Egypt’s Merak -1 Well
SHARJAH, 21st May, 2019 (WAM) — Dana Gas a leading gas company in Sharjah, announced it has begun drilling operations at itsEgypt’s offshore Merak-1 well, one of the three world class exploration prospects in Block 6, on 20 may. This block is in the Eastern Mediterranean Basin where other giant …
Read More »Kuwait Bourse market Index gains points on Monday
Media IN Kuwait 20-05-2019 KUNA Boursa Kuwait ended trading Monday on mix board as the premier market index went up by 2.47 points to reach 6,007.31 points. The value of trades was KD 22.1 million with the volume reaching 76.1 million shares done through 5,296 deals
Read More »BAHRAIN: Sukuk Al-Salam issues 217 Securities
Media IN Manama, May 20 (BNA): The Central Bank of Bahrain (CBB) announces that the monthly issue of the Sukuk Al-Salam Islamic securities, has been oversubscribed by 294%.Subscriptions worth BD126.444 million were received for the BD 43 million issue, which carries a maturity of 91 days. The expected return on …
Read More »OPEC daily basket price announced for Friday
Media IN VIENNA, 20th May, 2019 WAM The price of OPEC basket of fourteen crudes stood at US$72.57 a barrel on Friday, 17th May, compared with $72.61 the previous day, according to OPEC Secretariat calculations. The fourteen crudes, from separate OPEC member countries, include a mix of blends and light …
Read More »OPEC’s JMMC re-affirms commitment and ensuring oil market stablity
Media IN Jeddah, 20th May, 2019 (WAM) Yesterday 19 May 2019 the JMMC organized its 14th meeting in Jeddah, Saudi Arabia were it reaffirmed its commitment to achieving a balanced market and working towards oil market stability on a sustainable basis with solid fundamentals. The JMMC expressed its satisfaction regarding …
Read More »Muscat Securities Market General Index stood at 30 today
Media IN Muscat 19-05-2019 SPA Muscat Securities Market (MSM) general index (30) today added (1.96) points, comprising a rise by (0.051%) to close at (3860.83) points, compared to the last session, which stood at (3858.87) points. The trading value today stood at (RO 996,012), comprising a decline by (10.5%) compared …
Read More »US Dollar up and Euro declines against Kuwait Dinar (KD)
Media IN Kuwait 19-05-2019 The exchange rate of the US Dollar went up to KD 0.304, while the Euro went down to KD 0.339, said the Central Bank of Kuwait (CBK) sunday The CBK added that the British Pound Sterling went down to KD 0.386. Meanwhile, the Swiss Franc was …
Read More »OTC trading registers positive performance at start of the week
Media IN KUWAIT, May , 19 2019 KUNA OTC report, issued on Sunday, indicated that immediate transactions had a positive performance, with trading reaching 301,300 shares, at a value of KD 6,020 (around USD 19,800) done through 12 transactions. Boursa Kuwait had launched OTC as a new trading platform for …
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