Indian equity market benchmark S&P BSE Sensex crashed a whopping 1,409 points – or 1.77% – in early trading hours on Monday
equity market
Latest in equity market
DFM equity market
How to invest in UAE stocks without paying transaction fees
Emirates NBD launches new initiative to let customers invest in UAE equity markets
equity market
Reliance Industries approves largest-ever bonus share issue in Indian market, 1:1 ratio
This is the sixth bonus issue from RIL since its IPO and the second in this decade
China
Japanese retail investors bet India to be the next China; pile billions into Indian equities
Economists forecast India’s year-on-year economic growth will average more than 6% at least until the second quarter of 2025, while China’s is expected to remain below 5% during this period
Bombay Stock Exchange
Indian equity market on fire; benchmark Sensex crosses 65,000 mark
Analysts see these remarkable gains as a reflection of the growing optimism among investors as inflationary pressures in the US appear to be moderating
Asset Management
Middle East asset management industry hits $100bn growth in 2022: Report
Asset managers globally will need to reduce costs by 20 percent overall, the report said
Capital Market Authority
Saudi Arabia fine-tunes guidelines for equity share offerings by companies
Significantly, the move comes ahead of IPO plans of many Saudi companies, including the energy arm of Saudi Aramco
equity market
Saudi Arabia’s PIF to hire tens of staff for New York subsidiary
The New York team will help oversee trades and bridge the time difference between the Kingdom and the US
Abu Dhabi Securities Exchange
Middle East IPO market booms, outpacing Europe: Everything you need to know about the region’s latest mega listings
Here’s an overview of how the biggest IPOs in the Middle East have performed this year, along with insights on upcoming major developments
Dubai
UAE’s Utico eyes Dubai IPO amidst regional boom
Power and water utility is seeking a primary offering on DFM, hired international and local banks
Abu Dhabi
Trailblazing IPOs line up to take the home run in the UAE
The UAE is pursuing a Trojan Horse move to invest in the financial markets and announce a flurry of IPOs to establish itself as a leader among other Gulf countries
Ahmed Abdulrahman Al Jarman
Stock markets react to attack on nuclear plant while UAE calls for de-escalation of the Russia Ukraine war
Ukrainian officials say Russian troops have shelled Europe’s biggest nuclear plant as the conflict deepens, while the UAE calls for a return to talks and a diplomatic solution
commodity trading
War may pour more fuel onto the inflationary fires
“The situation remains hugely uncertain with new tougher Western sanctions once again hitting financial assets. Heightened volatility amid news and rumors characterizes the current environment.”
Bitcoin
Crypto crashes and stocks fall while oil, gold and bonds jump after Russia’s Putin announces Ukraine military action
Russia’s state-run newswire TASS said President Vladimir Putin will conduct a military operation in eastern Ukraine, the announcement hit global markets
equity market
Is it time to make changes to portfolios?
Markets have been in for a rough ride so far this year, but investors need to be cautious before changing their investment portfolio strategy
Dubai bourse
Dubai’s IPO moves add $3bn to bourse operator’s value
A flurry of announcements since the start of the month have helped push Dubai Financial Market’s market value to about $5.4bn
Abu Dhabi economy
Abu Dhabi stocks climb with OPEC+ deal in sight
Abu Dhabi’s ADX General Index rose 0.2 percent as of 11:37 a.m. local time, while Dubai’s DFM Index slipped less than 0.1 percent