GCC today

what happened today in markets,

Yesterday it was bombing of Iran and today some foiled attack in Saudi Arabia.


DFM bounced from a oversold position only to loose at the end of the day all its gains.

DIB and ENBD have been playing spoilsport,

DFM had a Citibank research report helping it out, otherwise we would have slid further,

Oman had banks playing spoilsport keeping the Index down.
ONIC after split and bonus opened 9+% up only to close lower with profit taking.

Al Anwar too had bonus adjustment done today.

Sohar IPO opens on 2 Jul 08, the past power generation issues have been well received.
Sohar Power is larger than the listed entities in terms of generation capacity.
Is definitely worth investing.