Abu Dhabi Market Closes Slightly Lower Under Pressure from Banks and Energy Despite Strong Liquidity
Abu Dhabi market closed slightly lower as banks and energy stocks weighed, despite strong liquidity and selective gains in key shares.
Dubai Financial Market Closes Mixed Amid Selling Pressure on Blue Chips and Divergent Active Stock Performance
Dubai market closed mixed; blue chips fell, while active stocks like GULFNAV and Amanat saw gains and high trading volumes.
US Jobless Claims Plunge to Lowest Level in Nearly a Year
US jobless claims dropped to 214,000, the lowest in nearly a year, signaling labor market strength despite a slight rise in continuing claims.
Egyptian Economy Grows 5.3% in Q1 2025/26, Pound Stable at 47.54 per Dollar
Egypt's Q1 2025/26 GDP grew 5.3%, pound stable at 47.54/USD; IMF deal boosts reforms, gold prices surge, and inflation set to drop.
Jaz Arabian Secures Aramco Gas Supply Contract Worth Over SAR 109 Million
Jaz Arabian won a SAR 109M Aramco gas contract, boosting 2026-27 profits and strengthening its role as a key supplier amid strong growth.
Saudi Market Opens Down 0.03%: TASI at 10,537 Points, Aramco Leads Trading
Saudi TASI opened down 0.03% at 10,537; Aramco led trading. Transport rose, consumer services fell. Market remains steady above 10,500.
Abu Dhabi Securities Exchange Opens with Slight Decline as Liquidity Concentrates on Aldar and IHC
Abu Dhabi Securities Exchange opened slightly down, with liquidity focused on Aldar and IHC; market remains volatile amid selective trading.
Dubai Financial Market Opens with Notable Activity in Gulf Navigation and Amanat Shares Amid Mixed Sector Performance
Dubai Financial Market opens mixed; Gulf Navigation and Amanat lead gains, while UFC and TECOM see notable declines amid selective trading.
Chinese Yuan Surpasses 7 per Dollar for First Time Since September 2024
Yuan rises above 7 per US dollar for first time since Sept 2024, reflecting PBOC's supportive stance and improved market sentiment.
Shanghai Composite Rises for Seventh Consecutive Session, Driven by AI Stocks
Shanghai Composite rose for a 7th session, led by AI stocks and policy support; Shenzhen fell as investors grew cautious before holidays.
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