DOMICILIATION

Abu Dhabi – Mubasher: The Abu Dhabi Securities Market announced today, Friday, that there was a technical glitch in the indices managed by FTSE Russell for global indices.

The financial market in the UAE capital indicated in a notice issued this morning, Friday, that the data presented does not reflect the reality of current trading.

The Abu Dhabi Securities Exchange was informed by the index providers, FTSE, that the defect in the index outage includes all indices managed by the FTSE.

We are currently working on following up on the matter, and updates will be provided once it is resolved by the service provider.

UAE financial market indices declined at the end of trading yesterday, Thursday, after comments that increased the possibility of raising US interest rates by about 25 basis points next month.

According to data from the UAE financial markets, the Dubai Financial Market incurred losses amounting to 3.656 billion dirhams, and the losses of the Abu Dhabi Securities Market amounted to two billion dirhams, with a total loss of 5.656 billion dirhams.

At the end of yesterday’s trading, the Dubai and Abu Dhabi stock exchanges attracted liquidity amounting to 1.313 billion dirhams, distributed over 16,508 thousand transactions.

The Abu Dhabi Securities Market index fell by 0.17 percent to the level of 9,528 points, amid transactions of 150.540 million shares worth 909.503 million dirhams.

This came amid a decline in shares of Abu Dhabi Islamic Bank by 0.75 percent, ADNOC Gas by 0.92 percent, ADNOC Drilling by 0.26 percent, and Aldar Properties by 0.18 percent.

The market value of shares listed on the Abu Dhabi Financial Market amounted to about 2.765 trillion dirhams at the close of trading today, compared to 2.767 trillion dirhams at the close of trading on Wednesday, bringing the total losses to about two billion dirhams.

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Nominations:

UAE stock exchanges lost 5.6 billion dirhams in market value at the close of trading on Thursday

2023-11-10 08:52:45
#Abu #Dhabi #Stock #Exchange #announces #technical #glitch #led #suspension #updating #indicators

direct: The Central Bank of Oman issued government treasury bills for two different terms with a total value of 25.7 million riyals ($66.56 million), out of the total value of the issues offered amounting to 35.7 million riyals.

The Central Bank explained in a statement on its official website that the first issuance is worth 8.2 million riyals, out of a total issued issue worth 18.2 million riyals, for a period of 28 days, starting next Wednesday until next December 6.

According to the Central Bank, the average accepted price was 99.602 riyals per 100 riyals, while the lowest acceptable price was 99.6 riyals per 100 riyals, the average discount rate was 5.19362 percent, and the average return was 5.21441 percent.

The second issue was worth 17.5 million riyals, representing the total issue offered, for a period of 91 days, starting next Wednesday until next February 7.

The average acceptable price for the second issue of bills was 98,669 riyals per 100 riyals, while the lowest acceptable price was 98,665 riyals per 100 riyals, the average discount rate was 5.33805 percent, and the average return was 5.41005 percent.

The statement indicated that the interest rate on repurchase operations with the Central Bank of Oman (repo) on these bills is 6 percent, while the discount rate with the Central Bank on treasury bill facilities is 6.5 percent for the same period.

Treasury bills are a short-term guaranteed financial instrument issued by the Central Bank of Oman on behalf of the Sultanate’s government to provide investment outlets for licensed commercial banks.

It is also one of the short-term government debt instruments, with maturities ranging from 3 months to a year. It is characterized by ease of disposal without exposing the holder to losses, and is sold at a discount.

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Nominations..

The Central Bank of Oman issues treasury bills for two different terms worth 38 million riyals

The Central Bank of Oman issues treasury bills worth 39 million riyals

The Central Bank of Oman issues treasury bills worth 35 million riyals

The Central Bank of Oman issues treasury bills worth 18 million riyals

The Central Bank of Oman issues treasury bills for two different terms worth 27 million riyals

The Central Bank of Oman issues treasury bills worth 10 million riyals

The Central Bank of Oman issues treasury bills for two different terms worth 19.4 million riyals

The Central Bank of Oman issues treasury bills for two different terms worth 30 million riyals

The Central Bank of Oman issues treasury bills for two different terms worth 106 million riyals

The effective exchange rate index for the Omani riyal rose 1.6 percent

The Central Bank of Oman issues treasury bills for two different terms worth 106 million riyals

The Central Bank of Oman issues treasury bills for two different terms worth 28.5 million riyals

The Central Bank of Oman issues treasury bills worth 3 million riyals

2023-11-06 14:50:06
#Central #Bank #Oman #issues #treasury #bills #terms #worth #million #riyals

Riyadh – Mubasher: United Wire Factories Company “Aslak” recorded a 26.67% decline in net profits in the third quarter of 2023, compared to the same quarter of 2022, and the Board of Directors decided to distribute cash dividends of one riyal per share.

The company’s results revealed on the Tadawul website today, Sunday, that net profit after zakat and tax declined to 2.2 million riyals, compared to 3 million riyals for the third quarter of last year.

The company explained that the reason for the decrease in net profit for the current quarter compared to the same quarter of the previous year is due to the decrease in sales volume and profit margins.

On a quarterly basis, the company’s profits declined by 60% compared to the previous quarter’s profits, which amounted to 5.5 million riyals.

The company’s profits fell to 12.1 million riyals in the first nine months of 2023, compared to 45.3 million riyals for the same period last year.

The company announced, in a separate statement, the Board of Directors’ decision to distribute cash dividends to shareholders for the second half of 2022, amounting to 28.08 million riyals.

The company noted that shareholders who own shares at the end of the vesting day, Sunday, November 12, 2023 AD, and who are registered in the company’s shareholder registry at the Securities Depository Center, have the right to trade at the end of the second trading day following the vesting date.

She indicated that dividends will be distributed to eligible shareholders on November 26, 2023.

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Nominations:

Dar Al Arkan’s quarterly profits jump 91.3% due to a decrease in operating expenses

“Chemical” profits jump in the third quarter of 2023 to 35.1 million riyals due to increased sales

“Cooperative” profits jump to 230 million riyals in the third quarter of 2023

2023-11-05 07:55:04
#Aslaks #profits #fall #quarter…and #Board #Directors #decides #distribute #riyal #share

Riyadh – Mubasher: Al-Mowasat Medical Services Company (Al-Mowasat) recorded a growth in net profits by 27.96% during the third quarter of 2023 on an annual basis.

According to the company’s financial data, issued on the Tadawul website today, Wednesday, net profit amounted to 156.38 million riyals after zakat and tax, compared to 122.21 million riyals in the third quarter of 2022.

The company attributed the increase in profits; The increase in the number of visits in the outpatient clinics sector, the increase in occupancy rates in the internal departments, the continued improvement of performance in the new specialized departments in the company’s hospitals, and the continued increase in the operating efficiency of available resources.

The company’s sales/revenues increased by 16.7% to 640.89 million riyals in the third quarter of 2023, compared to 549.15 million riyals in the same quarter of last year.

On a quarterly basis, Mouwasat’s profits increased by 3.88% during the third quarter of this year compared to its profits in the previous quarter amounting to 150.54 million riyals.

Al-Mowasat achieved net profits of 473.52 million riyals in the first 9 months of 2023, compared to 413.9 million riyals in the same period of 2022, increasing by about 14.4%.

The company’s sales/revenues increased by about 15.4% in the first 9 months of this year to 1.93 billion riyals, compared to 1.67 billion riyals in the same period last year.

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Nominations:

Officially…Saudi Arabia is the only candidate to host the 2034 World Cup

The “Ministers” issues 10 new decisions, including adopting the Gregorian date for official transactions

Saudi Arabia’s foreign reserve assets decline to $438 billion by the end of September

2023-11-01 13:21:42
#Mowasat #earns #million #riyals #quarter.. #achieves #increase #months

direct: The general index of the Amman Stock Exchange ended trading on Sunday, declining by 0.01 percent to reach the level of 2414.05 points, losing 0.14 points from its levels at the end of last Thursday’s session.

The performance of the Amman Index today was affected by the decline of the financial sector index alone by 0.34 percent, with Cairo Amman Bank declining by 1.46 percent, and the Jordan Islamic Bank declining by 1.22 percent.

Limiting the decline in the financial sector, United Financial Investments shares topped the winners in the first market today by 4.04 percent.

On the other hand, the indices of the industrial and services sectors rose, and the former rose by 0.39 percent, supported by the stock of phosphate mines, which rose by 1.85 percent, and Mbedco rose by 1.48 percent.

The services sector index rose by 0.22 percent, driven by a rise in Al-Israa Education shares by 1.35 percent, and Jopetrol rose by 0.83 percent.

The rise in the services sector was limited by the advance of International Education shares over the decliners in the primary market today by 1.61 percent.

Today’s trading volume rose to 5.31 million shares, compared to 3.39 million shares in last Thursday’s session, and trading value rose to 5.02 million dinars, compared to 3.28 million dinars in the previous session.

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Nominations..

The Amman Stock Exchange index fell 0.41% during the week

Services shares rise in the Amman Index at the end of Thursday’s trading

Financial shares rise in the Amman Index on Wednesday

Financial shares decline in the Amman Index on Tuesday

Bank and industry leaders decline in the Amman Index at the end of Monday’s trading

Industry and services stocks decline in the Amman Index

The Amman Stock Exchange index fell 0.39% during the week

Industrial and financial stocks rise in the Amman Index at the close

Women leaders decline in the Amman Index at the end of Wednesday’s trading

Industry leaders and banks rose in the Amman Index in Tuesday’s trading

2023-10-29 14:07:17
#Financial #shares #decline #Amman #Index #Sunday #session

Live: US Treasury bond yields and the dollar index rose during trading today, Wednesday, with an evaluation of data that showed the resilience of the housing market in the United States, despite the tightening of monetary policy and the rise in mortgage rates.

The yield on two-year US Treasury bonds rose by approximately 5 basis points to 5.116%, and the yield on 10-year debt increased by approximately 10 basis points to 4.922%.

The yield on debt repayable after 30 years rose by approximately 13 basis points to 5.067%, after touching 5.075% during trading.

The dollar index – which measures the performance of the US currency against a basket of six currencies – also recorded an increase of 0.1% at 106.37 points, after touching 106.52 points during trading.

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Nominations:

Autumn: Signing an agreement to establish a car tire factory in the Kingdom in cooperation with an international company

Al-Khatib: We received 30 million tourists… and the Tourism Fund financed projects worth 35 billion riyals

Minister of Investment: The Saudi currency is linked to the US dollar for a long time and will continue

2023-10-25 17:30:08
#Twoyear #bond #yields #rise