Middle East ETF News Older than One Year
UAE stock markets diverge on last day of week
March 12, 2015--The Dubai stock market index DFMGI closed 0.30 per cent higher at 3,707.77 points on Thursday, March 12.
Its sister market ADX in Abu Dhabi declined 0.36 per cent to 4,483.54 points amid neutral market breadth.
Source: AME Info
Qatari shares fall across the board
March 11, 2015--The Qatar Exchange 20 index halted a four-session long gaining streak on Wednesday, March 11 and closed 1.11 per cent lower at 12,127.98 points.
Telecom giant Ooredoo (Arabic for "I want") dived 3.80 per cent to QAR110.
Source: AME Info
TAQA bucks Abu Dhabi market decline
March 11, 2015--After hitting a five-week low on Tuesday, declining oil prices forced the ADX General Index lower by another 0.30 per cent to 4,499.95 points on Wednesday, March 11.
The gauge fell deeply beneath the lower Bollinger band. The nest support levels lie at 4,300 and 4,000 points.
Source: AME Info
Dubai exchange follows US bourse's dip
March 11, 2015--The Dubai stock market index DFMGI closed 1.50 per cent at 3,696.77 points on Wednesday, March 11, following a sharp fall in US shares on Tuesday.
Seven shares advanced, while 29 declined in value. Emaar plummeted 2.10 per cent to AED7.03.
Source: AME Info
Bahrain market extends step-by-step recovery
March 10, 2015--The Bahrain All Share Index closed 0.04 per cent higher at 1,471.73 points on Tuesday, March 10.
Islamic bank Ithmaar Bank gained the most, closing 3.23 per cent higher at $0.16.
Source: AME Info
Qatar's UDC goes ahead with proposed 12.5 per cent cash dividend
March 10, 2015--The Doha-based Qatar market saw its equity lead index QE 20 gaining for the fourth consecutive session, finishing up 0.23 per cent at
United Development Company or UDC, the developer of the man-made island
Source: AME Info
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.
Source: AME Info
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.
Source: AME Info
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.
Source: AME Info
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.
Source: AME Info
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