الأحد، 8 مايو 2011

Gulf stocks mixed at close.


Gulf stock markets closed, trading the trading session today, Sunday, on the variation of the key indicators, and close the main index of the Saudi capital market transactions, up by 45.81 points, to settle at 6623.55 points, an increase of 0.7%.

The index has lost the key Dubai Financial Market 15.54 points, to reach the level of 1591.75 points, a decline of 0.97%.

In conclusion, the main index of the Kuwaiti capital market, today's trading session, the rate of decline of 0.15%, to settle at the level of 6506 points, down by 10 points.

Rapid decline in the stock indexes because of the events Imbaba.


The three stock market indexes fell in a large mass, during the day, Sunday, the first week's sessions, driven by a state of fear and panic of investors in all categories of events following the turmoil that occurred yesterday between Muslims and Copts killed a large number of wounded and dead.

The main stock index fell "Egy X 30 " by 1.7%, and the index of small medium enterprises, "Egy X 70 " by 2.45%, as the index fell "Egy X 100" wider by 2%.

Saw most of the leading stocks tumbled in early trading the first session today, where shares fell Citadel investments by 6.8%, and shares fell EFG Hermes fell 5.03%, and Orascom Construction fell 1.3%, and Mobinil shares rose 1.4%, and the Commercial International Bank by 1.04% , and Orascom Telecom rose 1.9%, and the shares of Palm Hills by 4.1%, and Talaat Moustafa shares rose 4.5%, and shares of Ezz Steel, 2.6%.

Expert is expected to rise Orascom Telecom.



Said Sameh gareeb - a technical analyst - that the shares of Orascom Telecom in the medium term, moving in a downward trend, and in the short-term trend in accidental, and tested the stock level of 4 pounds with the end of trading last week, ending the week with him.

A whimsical, it must monitor the level of 3.80 pounds, as the arrow to penetrate this level to the bottom of the stock will return to land again, but in case it is expected to maintain the stock of new, leading up to the level of 4.50 pounds.

And becomes a resistance level of the first shares at 4.50 pounds, then the level of 4.75 pounds, while the levels of support are found to share at the level of 4 pounds, then the level of 3.80 pounds.

World Bank and Google put up a road map to update the Sudan.


Systems, the World Bank and Google program to update the map of south Sudan, which will announce an independent state in July, despite the warning of the Secretary-General of the United Nations Ban Ki - moon of tension in the Abyei area in dispute, said in a statement the World Bank, more than 60 people of South Sudan met At a meeting in Washington to locate hospitals, roads and villages to develop a detailed map of southern Sudan.

On the other hand, "said Martin Nesirky United Nations spokesman, " The Secretary-General is very concerned by the persistent tension in the Abyei area, "which Sidhwr economic conditions there.

The latest wave of clashes between the armies of north and south Sudan that left 14 people dead last Thursday, has sparked renewed fears of civil war again in Sudan.
The two sides fought a civil war lasting more than two decades (1983-2005), where the two sides reached a peace agreement under the auspices of African and American.

He warned Ki-moon that the recent clashes witnessed in Abyei could undermine relations between north and south by about two months of the official announcement of the secession of southern Sudan and called on the parties to "refrain from provoking each other", urging the governments of North and South "contain " the situation in the Abyei area.