Middle East ETF News Older than One Year
Kuwait is second in global trade, Saudi slumps
March 26, 2015--Kuwait is ranked second globally after Singapore for surpluses in its current account, reports Kuwait-based Alrai citing a recent survey.
The survey conducted by Bloomberg News and covering 75 countries and territories, ranked the winners in global trade based on surpluses in their current accounts – a broad measure of trade in goods and services – as a percentage of GDP. view more
Source: AME Info
Muscat market loses the most in the GCC
March 26, 2015--The Omani stock market index MSM30 dived 2.58 per cent to hit 6,112.91 points on Thursday, March 26.
The sentiment in Oman suffered the most due to the escalation of the crisis in...
Source: AME Info
Qatar market sinks deeper into the red
March 26, 2015--The Qatar Exchange 20 index slipped 0.81 per cent to reach 11,410.76 points on Thursday, March 26.
Since January 1, 2015, the gauge lost 7.12 per cent, making it the one of the worst performers in the GCC.
Source: AME Info
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.
Source: AME Info
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.
Source: AME Info
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.
Source: AME Info
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.
Source: AME Info
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.
Source: AME Info
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.
Source: AME Info
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.
Source: AME Info
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