Arab Today, arab today tradings of gcc telecom firms down by 043 pct
Last Updated : GMT 18:00:57
Arab Today, arab today
Arab Today, arab today

Tradings of GCC telecom firms down by 0.43 pct

Arab Today, arab today

Arab Today, arab today Tradings of GCC telecom firms down by 0.43 pct

Kuwait - KUNA

Index of the Global Investment House, better known as Global, for the performance of listed telecom firms in the Gulf Cooperation Council (GCC) Arab states wrapped up this weekend\'s tradings on a drop by 0.43 percent, said a report by the company on Friday. Global added, in its weekly report on the GCC telecom firms, that these companies have been affected by the decision issued by the GCC Telecommunications Regulatory Authority (GCCTRA) on reducing the fees of roaming service in GCC Arab states by 30 percent as of early next July. The report said that the losses posted by Global index for GCC telecom sector at the performance-level soared by 10.85 percent since the beginning of this year, while total market value of the sector went down by USD 401.26 million to hit USD 93.08 million. It also pointed out that tradings slipped in value with volume of the traded shares dipping by 46.87 percent to amount to 56.56 million shares at an aggregate value worth some USD 195.76 million, and with a drop by 33.12 percent compared to the value traded over the previous week. The traded value of the telecom sector attracted 2.75 percent of the total traded volume in the GCC financial markets, while it got 3.79 percent of the total traded value, it added. Regarding tradings of the single firms, the report said that Saudi Zain topped GCC telecom firms in terms of the traded value which hit 24.26 million shares, while the Saudi Mobily company topped firms in terms of the traded value which hit 45.77 million shares. As for the performance of shares in terms of the market price, Omani-Qatari Telecommunications Company (NAWRAS) topped the list of the most rallying shares posting a rise by 1.61 percent of its market value, while shares of the Emirates Integrated Telecommunications Company (DU) were the most receding ones and posted a loss by 2.17 percent of its market value.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today tradings of gcc telecom firms down by 043 pct Arab Today, arab today tradings of gcc telecom firms down by 043 pct

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today tradings of gcc telecom firms down by 043 pct Arab Today, arab today tradings of gcc telecom firms down by 043 pct

 



Arab Today, arab today Designer prepared new set of ornaments

GMT 02:45 2017 Wednesday ,28 June

Designer prepared new set of ornaments
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
Arab Today, arab today
Arab Today, arab today

GMT 08:23 2017 Saturday ,24 June

Actress Feryal Yussef received new drama offers

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 11:09 2017 Sunday ,25 June

HUAWEI P10 the ‘guru’ of portrait shots

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday