You are hereHome SectorsKuwait
Earnings releases expected to positively affect trading activity in the coming period
Source: Matrix PR for Al Masah Capital , Author: Posted by BI-ME staff
Posted: Sun January 21, 2018 3:36 pm

UAE. Global markets continued their upward trend last week, with no signs of slowing down, recording all-time highs.

Regional markets followed the same path with all of the main indices ending the week higher with the exception of Oman that was down by -1.2% over the week.

On a weekly basis, Saudi came in as the best performing index among its peers with a gain of +2.7%, followed by Kuwait and Bahrain each advancing by +1.2%, Egypt +1.1%, Dubai +1.0% and Abu Dhabi +0.7%. Crude Oil is still trading near the USD70 mark, ending last week at USD 68.61 per barrel.

The coming period will be influenced by earnings’ releases and dividends payments for most of the companies in the region, which will have a positive effect on the trading activities.

Indexes

Last

WTD (%)

MTD (%)

YTD (%)

Dubai (DFMGI)

3,531.05

1.04%

4.78%

4.78%

Abu Dhabi (ADSMI)

4,625.39

0.75%

5.16%

5.16%

Saudi (SASEIDX)

7,539.02

2.74%

4.33%

4.33%

Kuwait (KWSE)

6,639.38

1.20%

3.61%

3.61%

Egypt (EGX30)

15,411.00

1.11%

2.61%

2.61%

Bahrain (BHSEIDX)

1,333.17

1.24%

0.11%

0.11%

Oman (MSM30)

5,024.06

-1.25%

-1.48%

-1.48%

TR GCC (Reuters)

202.14

0.62%

5.80%

5.80%

DJ MENA

526.67

0.00%

0.00%

0.00%

 
 

Commodities & FX

Last

WTD (%)

MTD (%)

YTD (%)

Oil (Brent)

68.61

-1.80%

2.60%

2.60%

Natural Gas

3.19

-0.47%

7.86%

7.86%

Gold

1331.41

-0.52%

2.22%

2.22%

Silver

17.00

-1.46%

0.32%

0.32%

EURUSD

1.22

0.29%

1.87%

1.87%

GBPUSD

1.38

0.89%

2.49%

2.49%

USDJPY

110.76

-0.24%

-1.70%

-1.70%

USDCHF

0.96

-0.54%

-1.18%

-1.18%

AUDUSD

0.80

0.99%

2.42%

2.42%

USDCAD

1.25

0.26%

-0.72%

-0.72%

About Al Masah Capital
Al Masah Capital is one of the fastest growing alternative asset management and advisory firms focused on the MENA and SEA regions. Established in 2010 Al Masah Capital provides tailored solutions to a broad investor base, offering private equity advisory (across Healthcare, Education, Food & Beverages, Logistics and other consumer driven sectors), asset management, corporate and real estate advisory as well as public market research services.

With operations in Dubai, Abu Dhabi and Singapore, Al Masah advises qualifying investors on growth opportunities in 13 focus markets in MENA and South East Asia.

 

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: May 25, 2018
INTERNATIONAL. AI is creating jobs, yet 80% of respondents say there is a lack of talent to fill positions; More than 50% of respondents use AI to improve products and increase efficiency; C-suite support and performance metrics are needed to scale AI strategies.
date:Posted: May 24, 2018
UAE. 10% of the total real estate debt market could come from private providers within the next decade; Report outlines how diversified debt sources and alternative financing structures will boost lending competition and in turn inject new capital into the real estate market.
date:Posted: May 24, 2018
INTERNATIONAL. The more "human" our solutions, the greater chance we'll be building monuments that become meaningful parts of people's lives and not just monoliths.
INTERNATIONAL. AI is creating jobs, yet 80% of respondents say there is a lack of talent to fill positions; More than 50% of respondents use AI to improve products and increase efficiency; C-suite support and performance metrics are needed to scale AI strategies.
dhgate