Gulf bourses rebound interacting with the rise of global oil and stock

2501 2016
"Egyptian" rising 3.2% and earn 5.8 billion pounds

Gulf stock markets rebounded yesterday to participate in the rally world markets late last week, as investors found some consolation in the rise in crude oil prices.

And ascended "Brent" 10 per cent to $ 32.18 a barrel yesterday as traders rush to bet on lower prices who formed a standard city centers to be closed.

US stocks rose and the benchmark S & P 500 about 2 per cent and record weekly gain for the first time since the beginning of 2016 and the MSCI index climbed all the countries of the world 2.7 per cent.

Dubai stocks rebounded and the index rises 5.2 percent to 2757 points away from the lowest level recorded in 28 months on Thursday. Most stock jumped more than 2 per cent in this year is the largest trading volumes.

Arabtec shares jumped 10 per cent this year, trimming losses to 3.2 per cent, and Emaar Properties climbed 8 per cent. Abu Dhabi's index rose 4.3 percent to 3839 points, coming from the lowest level recorded in 28 months on Thursday, trimming and loss for the year to 10.9 per cent. And it provides Dana Gas shares 5 per cent, and was the most heavily traded on the stock exchange. It rose NBAD shares of 3.9 percent and First Gulf Bank 4.5 per cent.

The shares topped the small and medium-sized companies, despite meager gains in the habit transactions. Shares of Emirates Driving and Ras Al Khaimah Cement 14.3 per cent and 11.7 per cent respectively.

In Qatar, the stock market jumped 4.6 per cent with most of the stock rise more than 3 per cent, where shares of Qatar Gas Transport jumped 5.3 per cent and Gulf International Services 9.9 per cent.

And provide MSM index 1.5 per cent, while the Kuwait Stock Exchange index increased 0.6 per cent, while the Bahrain Stock Exchange index down 0.6 per cent.

The index rose Chairman of the Egyptian Stock Exchange 3.2 per cent of the returns from the lowest close in 28 months recorded last Thursday.

Profit and market capitalization of the shares of listed companies in the stock market about 5.8 billion pounds to 386.3 billion pounds, after the total transactions in the market amounted to about 1.3 billion pounds.

Arab bourse data showed the direction of dealers to purchase, while fund managers foreigners and Egyptians deliberately to sell.

The shares jumped Juhayna Food Industries 6.6 per cent after the company announced good results for the fourth quarter.

She said, "NBK Capital" in the memorandum "food product showed a strong recovery in net profit margin, compared with a year ago .. we expect 2015 to be a year of improvement for the supervisor with the decline in raw material costs as a factor in the head." Shares "Orascom Telecom" and "Pioneers" who Evdilhma regional investors 5.7 per cent and 6.8 per cent.

2016 economic