They moved in step with global markets, with S&P GCC composite index rising 5.8% for the month.

\n","mediaUrl":"https://6ba477d39b25489ca16a55c11fff43fc.msvdn.net/vod/Z4ePLRa7pEcW/libx264_yuv420p_1920_1080_25_3700_libfdk_aac_317_48000_2.mp4/playlist.m3u8","mediaId":"Z4ePLRa7pEcW","path":"https://www.zawya.com/en/markets/equities/all-gulf-equity-markets-racked-up-gains-in-july-hwzqm01b","noIndex":false,"publishedDate":"2022-08-05T08:25:43.941Z","premium":false,"byline":"Staff Writer","url":"https://www.zawya.com/en/markets/equities/all-gulf-equity-markets-racked-up-gains-in-july-hwzqm01b","parent":{"title":"Equities","__typename":"Section"},"section":{"slots":[{"id":"contentid/OWYxNGNmMjMtM2Q4ZS00","name":"English-Slot-Default Section-Megaslot","headline":"","headlineStyle":"solidInfill","colorScheme":"zawyaBlue","hidden":false,"link":null,"layout":"MEGA_SLOT_AUTO_LOAD","style":"DEFAULT","adPosition":"NO_ADS","customHtmlFragmentDesktop":"","customHtmlFragmentMobile":"","teasers":{"totalCount":1000,"teasers":[{"id":"contentid/ZGFhMzA2MGUtZmEzYi00","title":"Stocks up as inflation slows in Philippines","disableFallback":false,"teaserOvertitle":"","mediaPlayInline":false,"text":"

The Philippine Stock Exchange index closed at 6,308.95

\n","longText":"","byline":"Staff Writer","media":{"baseUrl":"https://static.zawya.com/view/acePublic/alias/contentid/MWMxZWVjOGItMDQ0YS00/27/160610061211gjtu-jpg.webp","description":"A trader makes a phone call during the first trading day inside the Philippine Stock Exchange in Manila January 5, 2009. REUTERS/Cheryl Ravelo","width":800,"height":573,"crops":[],"__typename":"Image","descriptionArabic":""},"content":{"__typename":"Article","topMedia":{"__typename":"Image"},"path":"https://www.zawya.com/en/world/china-and-asia-pacific/stocks-up-as-inflation-slows-in-philippines-ejccrmar","premiumType":"INHERIT","publishedDate":"2023-12-07T10:08:31.491Z","hideAuthor":true,"byline":"Staff Writer","articleType":"NEWS","overTitle":null,"teaserOvertitle":null,"parent":{"title":"China and Asia Pacific ","path":"https://www.zawya.com/en/world/china-and-asia-pacific","__typename":"Section"},"authors":[],"provider":{"name":"Philippine Star","disclaimer":"

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.

","active":true,"__typename":"Provider"},"primaryKeyword":[{"name":"EQUITIES","url":"/en/primarykeyword/EQUITIES","__typename":"Tag"}]},"__typename":"Teaser"},{"id":"contentid/YTU3ODlkZTctODkzZi00","title":"Saudi’s Avalon Pharma gets CMA approval to float 30% of stake","disableFallback":false,"teaserOvertitle":"","mediaPlayInline":false,"text":"

Pharmaceutical company plans to float six million shares on Saudi bourse

\n","longText":"","byline":"Staff Writer","media":{"baseUrl":"https://static.zawya.com/view/acePublic/alias/contentid/NjcwMzBkOTctZGIyMC00/67/130616080746fktt-jpg.webp","description":"Saudi traders work at the Saudi Investment Bank in Riyadh. STR New, Reuters","width":800,"height":533,"crops":[],"__typename":"Image","descriptionArabic":"180207"},"content":{"__typename":"Article","topMedia":{"__typename":"Image"},"path":"https://www.zawya.com/en/markets/equities/saudis-avalon-pharma-gets-cma-approval-to-float-30-of-stake-oc54zp6e","premiumType":"INHERIT","publishedDate":"2023-12-07T09:50:05.726Z","hideAuthor":true,"byline":"Staff Writer","articleType":"NEWS","overTitle":null,"teaserOvertitle":null,"parent":{"title":"Equities","path":"https://www.zawya.com/en/markets/equities","__typename":"Section"},"authors":[],"provider":{"name":"ZAWYA","disclaimer":"

Disclaimer: This article is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Read our full disclaimer policy here.

\n\n

\n","active":true,"__typename":"Provider"},"primaryKeyword":[{"name":"EQUITIES","url":"/en/primarykeyword/EQUITIES","__typename":"Tag"}]},"__typename":"Teaser"},{"id":"contentid/NWM5NjY0Y2YtOWExMy00","title":"Abu Dhabi National Hotels acquires 50% stake in M Five Cleaning Services","disableFallback":false,"teaserOvertitle":"","mediaPlayInline":false,"text":"

Announcement comes as company looks to expand in other markets

\n","longText":"","byline":"Staff Writer","media":{"baseUrl":"https://static.zawya.com/view/acePublic/alias/contentid/NzFmNjJjNTEtNWFmYS00/34/1336116827.webp","description":"Image used for illustrative purpose. Getty Images","width":900,"height":600,"crops":[],"__typename":"Image","descriptionArabic":""},"content":{"__typename":"Article","topMedia":{"__typename":"Image"},"path":"https://www.zawya.com/en/markets/equities/abu-dhabi-national-hotels-acquires-50-stake-in-m-five-cleaning-services-mr5n29cm","premiumType":"INHERIT","publishedDate":"2023-12-07T09:48:03.277Z","hideAuthor":true,"byline":"Staff Writer","articleType":"NEWS","overTitle":null,"teaserOvertitle":null,"parent":{"title":"Equities","path":"https://www.zawya.com/en/markets/equities","__typename":"Section"},"authors":[],"provider":{"name":"ZAWYA","disclaimer":"

\n\n

\n","active":true,"__typename":"Provider"},"primaryKeyword":[{"name":"ACQUISITION","url":"/en/primarykeyword/ACQUISITION","__typename":"Tag"}]},"__typename":"Teaser"},{"id":"contentid/NGJmNTJiOGYtYTY0Ny00","title":"European shares dip on economic woes; travel and leisure lead losses","disableFallback":false,"teaserOvertitle":"","mediaPlayInline":false,"text":"

The pan-European STOXX 600 index fell 0.3% by 0810 GMT after touching a more than four-month high on Wednesday

\n","longText":"","byline":"Khushi Singh and Ankika Biswas","media":{"baseUrl":"https://static.zawya.com/view/acePublic/alias/contentid/MzA4ODgxZDEtNzBmMC00/36/160131070015aixp-jpg.webp","description":"Image used for illustrative purpose Brokers work on the trading floor at IG Index in London, Britain January 14, 2016.","width":800,"height":533,"crops":[],"__typename":"Image","descriptionArabic":""},"content":{"__typename":"Article","topMedia":{"__typename":"Image"},"path":"https://www.zawya.com/en/world/uk-and-europe/european-shares-dip-on-economic-woes-travel-and-leisure-lead-losses-mejtxsit","premiumType":"INHERIT","publishedDate":"2023-12-07T09:28:32.257Z","hideAuthor":true,"byline":"Khushi Singh and Ankika Biswas","articleType":"NEWS","overTitle":null,"teaserOvertitle":null,"parent":{"title":"UK and Europe","path":"https://www.zawya.com/en/world/uk-and-europe","__typename":"Section"},"authors":[],"provider":{"name":"Reuters News","disclaimer":"

\n","active":true,"__typename":"Provider"},"primaryKeyword":[{"name":"EQUITIES","url":"/en/primarykeyword/EQUITIES","__typename":"Tag"}]},"__typename":"Teaser"},{"id":"contentid/MTcyNGEyNTctYTI4OS00","title":"China blue-chip stocks fall to a near 5-year low on Moody's negative outlook","disableFallback":false,"teaserOvertitle":"","mediaPlayInline":false,"text":"

China still needs to depend on domestic demand as the main driver for growth in 2024

\n","longText":"","byline":"Staff Writer","media":{"baseUrl":"https://static.zawya.com/view/acePublic/alias/contentid/ZWRmNDUzNWQtNmFjNC00/30/asia-capital-markets-outlook.webp","description":"FILE PHOTO: Passers-by are reflected on a panel displaying the morning trading of top active securities at the Hong Kong Stocks Exchange in Hong Kong, China, August 26, 2015. REUTERS/Bobby Yip/File Photo/File Photo Image for illustrative purpose.","width":900,"height":673,"crops":[],"__typename":"Image","descriptionArabic":""},"content":{"__typename":"Article","topMedia":{"__typename":"Image"},"path":"https://www.zawya.com/en/world/china-and-asia-pacific/china-blue-chip-stocks-fall-to-a-near-5-year-low-on-moodys-negative-outlook-j62ubn8o","premiumType":"INHERIT","publishedDate":"2023-12-07T09:19:46.134Z","hideAuthor":true,"byline":"Staff Writer","articleType":"NEWS","overTitle":null,"teaserOvertitle":null,"parent":{"title":"China and Asia Pacific ","path":"https://www.zawya.com/en/world/china-and-asia-pacific","__typename":"Section"},"authors":[],"provider":{"name":"Reuters News","disclaimer":"

\n","active":true,"__typename":"Provider"},"primaryKeyword":[{"name":"EQUITIES","url":"/en/primarykeyword/EQUITIES","__typename":"Tag"}]},"__typename":"Teaser"},{"id":"contentid/NjE1NTgxOWItNWUzNi00","title":"Egypt Post reports $142mln surplus for FY 2022/23","disableFallback":false,"teaserOvertitle":"","mediaPlayInline":false,"text":"

Service revenues have also seen a substantial increase, reaching $161mln with a similar growth rate of 21%

\n","longText":"","byline":"Mohamed Alaa El-Din","media":{"baseUrl":"https://static.zawya.com/view/acePublic/alias/contentid/image.140906121445RVZG/30/140906121445rvzg-jpg.webp","description":"A trader works at the Egyptian stock exchange in Cairo. Image for illustrative purposes. Mohamed Abd El Ghany, Reuters","width":800,"height":561,"crops":[],"__typename":"Image","descriptionArabic":"البورصة المصرية- رويترز"},"content":{"__typename":"Article","topMedia":{"__typename":"Image"},"path":"https://www.zawya.com/en/markets/equities/egypt-post-reports-142mln-surplus-for-fy-2022-23-xay3z3z8","premiumType":"INHERIT","publishedDate":"2023-12-07T08:52:18.768Z","hideAuthor":true,"byline":"Mohamed Alaa El-Din","articleType":"NEWS","overTitle":null,"teaserOvertitle":null,"parent":{"title":"Equities","path":"https://www.zawya.com/en/markets/equities","__typename":"Section"},"authors":[],"provider":{"name":"Daily News Egypt","disclaimer":"

","active":true,"__typename":"Provider"},"primaryKeyword":[{"name":"EQUITIES","url":"/en/primarykeyword/EQUITIES","__typename":"Tag"}]},"__typename":"Teaser"},{"id":"contentid/NjAwZWJhODAtZmFkNS00","title":"Mideast Stocks: Major Gulf markets fall on weak oil prices","disableFallback":false,"teaserOvertitle":"","mediaPlayInline":false,"text":"

Saudi Arabia's benchmark index eased 0.1%

\n","longText":"","byline":"Ateeq Shariff","media":{"baseUrl":"https://static.zawya.com/view/acePublic/alias/contentid/image.201216083403PYWG/19/201216083403pywg-jpg.webp","description":"A Saudi trader monitors stock information at ANB Bank in Riyadh, Saudi Arabia December 15, 2020.","width":0,"height":0,"crops":[],"__typename":"Image","descriptionArabic":"متعامل سعودي أمام شاشة تداول، رويترز"},"content":{"__typename":"Article","topMedia":{"__typename":"Image"},"path":"https://www.zawya.com/en/markets/equities/mideast-stocks-major-gulf-markets-fall-on-weak-oil-prices-fzin014g","premiumType":"INHERIT","publishedDate":"2023-12-07T08:44:38.628Z","hideAuthor":true,"byline":"Ateeq Shariff","articleType":"NEWS","overTitle":null,"teaserOvertitle":null,"parent":{"title":"Equities","path":"https://www.zawya.com/en/markets/equities","__typename":"Section"},"authors":[],"provider":{"name":"Reuters News","disclaimer":"

\n","active":true,"__typename":"Provider"},"primaryKeyword":[{"name":"EQUITIES","url":"/en/primarykeyword/EQUITIES","__typename":"Tag"}]},"__typename":"Teaser"},{"id":"contentid/NzQzMmZlYjQtN2I1NS00","title":"Amwaj International to pay $2.4mln dividends for H1-23","disableFallback":false,"teaserOvertitle":"","mediaPlayInline":false,"text":"

The amount represents 15% of the company’s capital

\n","longText":"","byline":"Staff Writer","media":{"baseUrl":"https://static.zawya.com/view/acePublic/alias/contentid/image.160121052106QDPC/16/160121052106qdpc-jpg.webp","description":"An investor monitors a screen displaying stock information at the Saudi Stock Exchange (Tadawul) in Riyadh, Saudi Arabia January 18, 2016. Image used for illustrative purpose. Faisal Al Nasser","width":800,"height":544,"crops":[],"__typename":"Image","descriptionArabic":"180316"},"content":{"__typename":"Article","topMedia":{"__typename":"Image"},"path":"https://www.zawya.com/en/markets/equities/amwaj-international-to-pay-24mln-dividends-for-h1-23-wf91w5p9","premiumType":"INHERIT","publishedDate":"2023-12-07T08:20:04.604Z","hideAuthor":true,"byline":"Staff Writer","articleType":"NEWS","overTitle":null,"teaserOvertitle":null,"parent":{"title":"Equities","path":"https://www.zawya.com/en/markets/equities","__typename":"Section"},"authors":[],"provider":{"name":"Mubasher","disclaimer":"

\n","active":true,"__typename":"Provider"},"primaryKeyword":[{"name":"EQUITIES","url":"/en/primarykeyword/EQUITIES","__typename":"Tag"}]},"__typename":"Teaser"},{"id":"contentid/NzdlZjI1ZTYtMmU0NC00","title":"SPIMACO mulls 68% equity acquisition in Swiss Osmopharm, to exit SPIMACO Misr","disableFallback":false,"teaserOvertitle":"","mediaPlayInline":false,"text":"

SPIMACO will pay a total value of $4.29mln for the takeover and exit transactions

\n","longText":"","byline":"Staff Writer","media":{"baseUrl":"https://static.zawya.com/view/acePublic/alias/contentid/OTkwY2U4YWUtYmQ3Zi00/10/1278075515.webp","description":"Photo of blurred Pharmacy. Medical product shelves and entry doors. Getty Images Image used for illustrative purpose.","width":900,"height":600,"crops":[],"__typename":"Image","descriptionArabic":""},"content":{"__typename":"Article","topMedia":{"__typename":"Image"},"path":"https://www.zawya.com/en/markets/equities/spimaco-mulls-68-equity-acquisition-in-swiss-osmopharm-to-exit-spimaco-misr-jhdf8sbe","premiumType":"INHERIT","publishedDate":"2023-12-07T07:52:38.416Z","hideAuthor":true,"byline":"Staff Writer","articleType":"NEWS","overTitle":null,"teaserOvertitle":null,"parent":{"title":"Equities","path":"https://www.zawya.com/en/markets/equities","__typename":"Section"},"authors":[],"provider":{"name":"Mubasher","disclaimer":"

\n","active":true,"__typename":"Provider"},"primaryKeyword":[{"name":"ACQUISITION","url":"/en/primarykeyword/ACQUISITION","__typename":"Tag"}]},"__typename":"Teaser"}],"__typename":"Teasers"},"image":null,"__typename":"Slot"}],"__typename":"Section"},"image":{"width":1920,"height":1080,"baseUrl":"https://static.zawya.com/view/acePublic/alias/contentid/YTMyMjI2OWEtZWRlZS00/0/image.webp","__typename":"Image"},"publishingInfo":{"contentId":"onecms:a4f8c3e3-d4bf-4bd6-a674-ec1325434e5e","__typename":"ADMPublishingInfo"},"authors":[],"provider":{"name":"ZAWYA","__typename":"Provider"}},"errorInfo":null,"__typename":"Page"},"lastUpdate":{"articles":[{"publishedDate":"2023-12-07T10:37:26.125Z","__typename":"Article"}],"__typename":"SearchResult"}}

Videos