Middle East ETF News Older than One Year


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.

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Source: AME Info


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.

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Source: AME Info


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.

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Source: AME Info


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.

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Source: AME Info


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.

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Source: AME Info


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.

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Source: AME Info


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.

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Source: AME Info


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.

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Source: AME Info


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.

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Source: AME Info


Industries Qatar AGM gives nod for a 70 per cent cash dividend

March 2, 2015--The Qatar Exchange 20 Index added insignificantly to reach 12,450.34 per cent on Monday, March 2.

General Insurance posted the biggest leap upwards, closing four per cent higher at QAR66. The market's heavyweight Industries Qatar closed 2.90 per cent lower at QAR150.50.

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Source: AME Info


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