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Dubai market hits new 2015-low, Abu Dhabi bucks downtrend
March 26, 2015--UAE stock indices ended mixed on Thursday, March 26, as geopolitical tensions rose in the region due to the escalation of the crisis in Yemen.
The Dubai equity market index DFMGI fell sharply at the opening but eventually regained terrain and closed 0.80 per cent lower at 3,407.25 points.
NBK dips, Moody's affirms ratings
March 25, 2015--The Kuwait Stock Exchange market index lost 0.50 per cent to 6,376.49 points on Wednesday, March 25.
National Bank of Kuwait or NBK fell by 1.15 per cent to KD0.860.
Milaha outperforms, launches first container link between Qatar and India
March 25, 2015--The Qatar Exchange 20 index remain under pressure on Wednesday, March 25, closing 1.45 per cent lower at 11,503.72.
Milaha Maritime and Logistics, legally called Qatar Navigation QSC, finished off one per cent at QAR99.
Energy stocks keep Abu Dhabi bourse at bay
April 25, 2015--The Abu Dhabi stock market index ADXGI slipped 0.43 per cent to close at 4,371.68 on Wednesday, March 25.
Arkan Building Materials, after hitting the bottom of the chart yesterday, scored the biggest gain, ending up four per cent at AED1.30.
Dubai shares tank ahead of third-quarter results
March 25, 2015--Amid a lack of catalysts, the Dubai equity market index DFMGI plummeted 2.23 per cent on Wednesday, March 25. The gauge hit 3,434.65 points, remaining on the lower end of Bollinger bands.
Arabtec Holding led the list of losing stocks, falling 4.96 per cent to AED2.30, a 13-week low.
Qatar exchange index breaks out of sideways channel
March 24, 2015--Following three rather static sessions, the Qatar Exchange 20 index advanced 1.32 per cent to reach 11,673.45 on Tuesday, March 24.
Qatar Islamic Bank surged 4.53 per cent to QAR101.50.
Abu Dhabi bourse advances for the fourth consecutive session
March 24, 2015--The Abu Dhabi stock market index ADXGI added 0.22 per cent to close at 4,390.67 on Tuesday, March 24.
Abu Dhabi National Oil Company, known as Taqa, jumped 14.30 per cent to hit AED0.80.
Arabtec shares fall as it contracts with Aramco
March 24, 2015--The Dubai stock market index DFMGI added 0.33 per cent on Tuesday, March 24, finishing at 3,512.87 points.
Emaar slipped 1.20 per cent to AED6.67.
Arabtec Holding as the most liquid share fell 1.22 per cent to hit AED2.42.
Saudi land tax decision hits real estate shares
March 24, 2015--Saudi Arabia's decision to levy undeveloped land in urban areas is seen as a bold move to curb housing shortage, but shares of real estate firms tumbled following the announcement.
The cabinet of the oil-rich kingdom on Monday approved a proposal to tax undeveloped land in urban areas expecting that more land can be pushed into the market and utilised to address the shortage of affordable housing.
Bank shares stabilise Bahrain market
March 23, 2015--Following the Bahrain market index fall by two per cent over the last few days, the gauge regained 0.15 per cent to close at 1,452.49 points on Monday, March 23.
Bank of Bahrain and Kuwait jumped 5.63 per cent to BD0.45.
