Middle East Exchanges Rise, Oil and Copper Up

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Stock markets in Saudi Arabia, Egypt and Israel continue to lead Middle East financial exchanges higher. Egypt EGX 30 is at 5369.97, up 0.38%. The Saudi TASI is up 0.80% to 7226.43. At 1091.98, the Tel Aviv TA-25 is higher by 0.98%.

In Middle East ADR action, MajicJack ( CALL ) is up 4.59% to $21.44. Over the last week of trading, MajicJack has risen 9.33%. Year to date, MajicJack is up 50.07%. Results for MajicJack recently released topped Q1 analyst estimtes. Alon Holdings ( BSI ), an Israeli grocery store chain, is also surging today, higher by 4.27 to $3.63.

*Saudi TASI is at 7226.43, up 0.80%.

*Tel Aviv TA-25 1091.98, up 0.98%.

*Dubai DFM is at 1702.01, down 1.64%.

*Abu Dhabi ADX is at 2623.87, up 0.49%.

*Kuwait KSE is at 6133.60, up 0.11%.

*Bahrain BSE is at 1147.99, down 0.06%.

*Oman MSM is at 5841.80, up 0.07%.

*Qatar QE is at 8741.64, down 0.06%.

*Lebanon LSE is at 1196.97, up 0.08%.

*Egypt EGX 30 is at 5369.97, up 0.38%.

*Jordan ASE is at 1959.99, up 0.01%.

*Tunisia TUNINDEX is at 4785.46, up 0.35%.

*Morocco CB is at 11439.20, up 0.35%.

*Palestine PSE is at 482.57, up 0.07%.

COMMODITY INDEXES

*UBS Bloomberg CMCI is at 1,649.17, after reaching a high of 1,650.74 and a low of 1,639.39.

*Standard & Poor's GSCI is at 703.50 after reaching a high of 708.52 and a low of 693.72.

*RJ/CRB Commodity Index is at 322.40 after reaching a high of 322.61 and a low of 321.65.

*Rogers International Index is at 3,926.18 after reaching a high of 3,929.20 and a low of 3,905.02.

COMMODITIES

*Gold ( GLD ) is at $1,711.20, down $0.10 and 0.01%.

*Oil ( USO )is at $107.69, up $0.62 and 0.58%.

*COPPER ( JJC ) is at $392.150, up $4.200 and 1.08%.

*Corn (KORN) is at $658.00, up $0.75 and 0.11%.

Currencies

*USD/JPY is at 80.980, down 0.20%.

*EUR/USD is at 1.3336, up 0.08%.

*GBP/USD is at 1.5971, up 0.35%.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

Copyright (C) 2014 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.


This article appears in: Investing , Commodities

Referenced Stocks: BSI , CALL , GLD , JJC , USO

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