02/03/2014
Prediction to earn profits in "Manama"
Gulf bourses were mixed in February .. and «Dubai» topping gains of 11.9%
Gulf markets ended the month of ' February ' 2014 on variation, with all indicators except the Kuwaiti market gains that were achieved only minor losses, topped the market rises by 11.9 percent, followed by Abu Dhabi, up 6.11 percent and Bahrain market by 6 per cent followed by a DSM with ratio of 5.52 percent and Muscat with gains of 0.38 percent, the Kuwaiti market fell 0.81 percent.
Banks led the market's rise last week to 0.9 per cent at 4220.45 points, after the sector index by 2.41 per cent with high shares of commercial bank of Dubai 15.25 per cent, while the property sector index rose by 1.17 percent support of the Emaar shares which rose by 1.67 percent. Analysts expect the upward trend to market this week with support from optimism about the region's economy. The Dubai market was at the forefront of the region's markets in terms of height during the month of February, during which the market gains to 11.94 percent. But Abu Dhabi has achieved during the past week, up 0.89 percent at 4958.66 points, with the support of real estate while the banks were put on the market with profit-taking dominated. Ras Alkhaimah share has led high estate after rising by 6 per cent, while the percentage of private sector rise 0.9 percent. Enhanced index gains during the month of February to 6.11 percent. In Manama, general market indicator rose last week by 0.50 percent at 1372.67 points, with the support of industry and investment amid expectations of a return to profit and tests the level of 1,350 points after failing to maintain the highest level of 1,400 points. However, the cursor could during the month of ' February ' past 6 percent gains.
In Doha, the General index fell 0.85 percent to close at 11771.83 points, up gains of the index during the month of ' February ' to around 5.52 percent. Mesaieed Share led petrochemical holdings trading week with share of 25.47 percent of total turnover, with the share on the first trading day with gains reached 450 percent from the offering price when the stock with its second weekend was down about 10 percent. In Muscat last week, the market indicators retreated 0.74 percent at 7113.87 points amid expectations this week's index target level of 7,200 points after a short-term profit taking in the market and pushed shares in the financial sector to market general index last week fell 1.55 percent. And not exceeding the market gains during the month of ' February ' level of 0.38 per cent.
