Financial news from the UAE and around the world

Showing posts with label share markets. Show all posts
Showing posts with label share markets. Show all posts

Monday, May 12, 2008

UAE Stocks Updates


Here's an updated reports of UAE stock and shares markets:

Samba Financial Group, the second-largest bank in the kingdom, gained 6.1 percent to 95.5 riyals.

The Kuwait Stock Exchange Index retreated 0.6 percent, while the Bahrain All Share Index advanced 0.4. Oman's Muscat Securities Market 30 Index dropped 0.4 percent and Qatar's Doha Stock Market lost 0.2 percent.

Doha Bank Ltd. gained 3.9 percent to 84.7 riyals. Qatar's fifth-biggest lender by market value was rated ``overweight'' in new coverage at Morgan Stanley with a price estimate of 111 riyals.

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