Qatar
Economy
The Saudi Tadawul All-Share index (TASI) has made a strong start to the trading week, but will continue to be driven by global sentiment. As long as the Dow Jones and oil prices continue...
2009-03-23Finance
The recent bounce in Qatar's Doha Securities Market (DSM) begs the question: is the downtrend that has been in place for the past nine months or so finally over? On a technical basis,...
2009-03-19Economy
On August 4th 2008, relatively soon after BMI became bullish the US dollar and bearish oil, we took a look at currencies in the MENA region. We concluded that the indications were...
2009-03-10Economy
In an effort to stabilise the Doha Securities Market (DSM), which up until the close of trading of last week had fallen 37.8% year-to-date, the Qatari government announced on March...
2009-03-09Finance
At the risk of repeating ourselves, we remain medium term bearish Qatar's Doha Securities Market (DSM). Indeed, we have held this view since the index plunged through trendline support...
2009-02-18Economy
We think there could be some upside potential for MENA stock markets over the coming weeks, as global risk appetite makes a (temporary) return. We have identified some positive signals...
2009-02-10Economy
BMI View: Although the Kuwaiti dinar looks set to see further downside, our core view is for the pegs for the five other GCC states to hold. However, 2009 will be a major shock to...
2009-02-03Finance
Our bearish view of GCC equities continues to play out and having recently slashed our growth forecasts for all the GCC states, we do not expect to alter our stance in the short to...
2009-01-19Economy
Rhetoric over the proposed single GCC currency has intensified of late, with a recent summit concluding that the monetary unification will go ahead on schedule in 2010. Clearly, such...
2009-01-06Economy
Despite the recent bounce in Qatar's Doha Securities Market (DSM), we are not prepared to call a bottom yet and remain medium-term bearish. That said, the index appears to have significantly...
2008-12-16



