Doha Bank gets shareholders' nod for dividen proposal
March 5, 2015--The Qatar Exchange 20 Index added insignificantly to reach 12,139.25 per cent on Thursday, March 5.
Market bellwether Industries Qatar was as modest as the market was, gaining 0.14 per cent to hit QAR146.40. Doha Bank plummeted 8.50 per cent to QAR53.
UAE stock markets lose out during first week of March
March 5, 2015--The United Arab Emirates' (UAE) stock exchange indices DFMGI in Dubai and ADXGI in Abu Dhabi performed differently on Thursday, March 5.
While Dubai closed unchanged at 3,747.54 points, Abu Dhabi dived 1.83 per cent to hit 4,587.18 points.
NASDAQ Dubai index loses slightly
March 4, 2014--The FTSE NASDAQ Dubai UAE 20 Index closed 0.54 per cent lower to hit 3,793.45 points on Wednesday, March 4.
DP World closed off 1.90 per cent at $20.60.
Qatar Islamic Bank upgrades London headquarters
March 4, 2015--The Qatar Exchange 20 Index lost 1.32 per cent to hit 12,130.25 per cent on Wednesday, March 4.
Qatari German Medical company was one of the top gainers, ending up 2.76 per cent at QAR11.17. Qatar Islamic Bank (QIB) lost 1.10 per cent to reach QAR101.
Abu Dhabi exchange lacklustre
March 4, 2015--The series of lacklustre, thin trading sessions did not halt in Abu Dhabi on Wednesday, March 4.
The market gauge ADXGI slipped 0.13 per cent to 4,672.60 points. RAK Ceramics topped the charts by gaining 11 per cent to reach AED3.50.
Dubai market loses as UAE PMI hits 5-month low
March 4, 2015--The DFM general index lost for fourth session straight on Wednesday, March 4, closing 0.27 per cent lower at 3,747.38 points, a five-week low. Dubai Parks gained the most, closing 11.25 per cent higher at AED0.821.
Dar Takaful was the biggest decliner, ending off 8.70 per cent at AED0.671.
Masraf Al-Rayan shareholders okay 17.5 per cent dividend
March 3, 2015--The Qatar Exchange 20 Index lost 1. 27 per cent to hit 12,291.90 per cent on Tuesday, March 3rd.
Masraf Al-Rayan dived 2.70 per cent to QAR46.80.
Abu Dhabi blue chips mixed
March 3, 2015--The Abu Dhabi equity market index ADXGI closed 0.27 per cent higher at 4,681.18 points on Tuesday, March 3rd.
A rebound in oil, which gained 2.25 per cent to reach $60.88 per barrel (Brent crude) helped to add momentum to the gauge.
Dubai market loses as UAE PMI hits 5-month low
March 3, 2015--The DFM general index lost for third day straight on Tuesday, March 3rd. The gauge fell by 0.83 per cent to hit 3,757.50 points.
Earlier in the day, HSBC said the purchasing managers' index (PMI) for the United Arab Emirates (UAE) dropped to 58.1 points in February, down from 59.3 in January, the lowest level in five months.
DEPA shares dive at NASDAQ Dubai
March 2, 2015--The FTSE NASDAQ Dubai UAE 20 Index closed down by 0.45 per cent lower to hit 3,832.98 points on Monday, March 2.
DEPA Limited dived 2.44 per cent to $0.40 on heavy trading.