You are hereHome SectorsBahrain
Majority of regional indices ended the week on a negative note
Source: Matrix PR for Al Masah Capital , Author: Posted by BI-ME staff
Posted: Mon April 30, 2018 12:54 pm

UAE. Most of the regional indices ended the week on a negative note with exception of the Egyptian market that witnessed a new all-time high.

For the week, Bahrain came in as the worst performer among its peers with losses of -2.9%, followed by Dubai with a negative performance of -1.3%. Kuwait, Oman, Saudi and Abu Dhabi were all down by -1.1%, -0.8%, -0.3%, -0.2%, respectively, over the same period.

Egypt was the only positive performer among its peers, ending the week up by +3.3%, led by foreign inflows in the main index big caps with financials on top of the buying list.

The coming period will witness a range bound trading activity for most of the regional indices, with investors monitoring the releases of the 1Q earnings.

Indexes

Last

WTD (%)

MTD (%)

YTD (%)

Dubai (DFMGI)

3,042.82

-1.27%

-2.11%

-9.71%

Abu Dhabi (ADSMI)

4,697.23

-0.20%

2.44%

6.79%

Saudi (SASEIDX)

8,248.47

-0.35%

4.80%

14.14%

Kuwait (KWSE)

4,788.55

-1.05%

-4.33%

-0.63%

Egypt (EGX30)

18,363.29

3.27%

5.23%

22.27%

Qatar (DSM)

9,088.01

-1.18%

6.00%

6.62%

Bahrain (BHSEIDX)

1,263.08

-2.94%

-4.20%

-5.15%

Oman (MSM30)

4,722.46

-0.78%

-1.07%

-7.39%

TR GCC (Reuters)

197.05

-0.37%

3.38%

3.14%

TR MENA

138.36

-0.25%

3.23%

4.31%

 

Commodities & FX

Last

WTD (%)

MTD (%)

YTD (%)

Oil (Brent)

74.64

0.78%

6.22%

11.62%

Natural Gas

2.77

1.17%

1.39%

-6.16%

Gold

1321.89

-0.96%

-0.16%

1.49%

Silver

16.50

-3.59%

1.08%

-2.66%

EURUSD

1.21

-1.29%

-1.57%

1.10%

GBPUSD

1.38

-1.61%

-1.69%

1.97%

USDJPY

109.03

1.28%

2.61%

-3.23%

USDCHF

0.99

1.36%

3.60%

1.38%

AUDUSD

0.76

-1.19%

-1.26%

-2.82%

USDCAD

1.28

0.54%

-0.50%

1.98%

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: June 14, 2019
INTERNATIONAL. thyssenkrupp Materials Services relies on Microsoft for in-house solution development; AI as an essential component of the holistic digitalization strategy; Customers benefit from individualized offers and more efficient processes.
date:Posted: June 13, 2019
UAE. Cyber-crime is one of the biggest risks to businesses to date and globally its estimated costs will reach US$6 trillion by 2021.
date:Posted: June 12, 2019
UAE. Millions of files that are sitting out in the open across various file storage technologies are actually encrypted by ransomware; The analysis detected many files containing highly sensitive information.
INTERNATIONAL. thyssenkrupp Materials Services relies on Microsoft for in-house solution development; AI as an essential component of the holistic digitalization strategy; Customers benefit from individualized offers and more efficient processes.