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Abu Dhabi banks' performances mixed
March 10, 2015--Abu Dhabi banks' performances mixed
The ADX General Index hit a five-week low, closing off 0.34 per cent at 4,512.79 on Tuesday, March 10.
Oil (Brent crude) lost 1.44 per cent to reach $57.76 per barrel, a near one-month low.
No major changes in the Dubai market
March 10, 2015--The Dubai stock market index DFMGI closed flat at 3,752.52 points on Tuesday, March 10.
Emaar Properties advanced 0.84 per cent to hit AED7.18.
Tadawul market gains the third trading session straight
March 9, 2015--In spite of bearish market breadth, the Riyadh-based Tadawul All Share Index closed 0.46 per cent higher at 9,622.96 points on Monday, March 9.
Market bellwether SABIC closed insignificantly higher at SAR93.25.
NASDAQ Dubai adds Orascom Construction to its list of quotations
March 9, 2015--The FTSE NASDAQ Dubai UAE 20 Index closed 0.20 per cent lower at 3,729.91 points on Monday, March 9.
DP World fell 0.50 per cent to $20.20.
Orascom Construction gained 2.87 per cent to reach $14.69.
Re-weakening oil weighs on Abu Dhabi bourse
March 9, 2015--The ADX General Index closed 0.34 per cent lower at 4,578.20 on Monday, March 9.
Oil (WTI crude) remained below $50 a barrel, trading 0.30 per cent below the level than last Friday.
Dubai market regains territory
March 9, 2015--The Dubai stock market index DFMGI closed 0.30 per cent higher at 3,751.76 points on Monday, March 9, amid continuous thin trading.
Emaar gained 0.30 per cent to reach AED7.12.
Gulf Finance House wins $3m court dispute
March 9, 2015--The Bahrain All Share Index in Manama finished flat at 1,466.67 points on Sunday, March 8.
The Islamic bank Gulf Finance House (GFH) was flat at $0.19.
Doha Bank to launch ETF at Qatar market
March 9, 2015--Like last Thursday, the Doha-based Qatar Exchange 20 Index added insignificantly and reached 12,144.01 per cent on Sunday, March 8.
Doha Bank stabilised by gaining 0.60 per cent to close at QAR53.30. Earlier in the day, the lender said it plans to launch an exchange-traded fund (ETF) on the bourse with Amwal LLC and The Group Securities.
Energy shares help to stabilise the Abu Dhabi bourse
March 9, 2015--The ADX General Index added 0.14 per cent to hit 4,593.71 points on Sunday, March 8.
Dana Gas and Abu Dhabi National Energy Company (also known as Taqa) were among the top gainers, gaining 2.30 per cent and 1.40 per cent, respectively.
DP World hits one-month low at NASDAQ Dubai
March 5, 2015--The FTSE NASDAQ Dubai UAE 20 Index closed 1.37 per cent lower to hit 3,741.59 points on Thursday, March 5.
DP World fell by 2.20 per cent to hit $20.15, the lowest level since February 5, 2015.