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Ooredoo slips as Moody's cuts outlook to 'negative'
January 22, 2015--The Qatar Exchange 20 index dived 1.27 per cent to 11,698.86 points on Thursday, January 22.
The gauge fell for the fourth session straight and lost 1.40 per cent over the week.
UAE bank shares finish week on a solid note
January 22, 2015-The Dubai financial market (DFM) general index halted a three-day losing streak by closing 0.86 per cent higher at 3,882.93 points on Thursday, January 22.
Its sister market ADX in Abu Dhabi, on the other hand, slipped 0.36 per cent to 4,526.92 points.
Kuwait market closed unchanged
January 22, 2015--Sluggish oil prices continued to weigh on the KSE Market Index, which added insignificantly on Thursday, January 22, to reach 6,662.81 points.
Oil (Brent) remained below $50 a barrel at a five-year low despite some upwards momentum.
Islamic banks buck Bahrain downtrend
January 21, 2015--The Bahrain All-Share Index declined by 0.18 per cent to 1,433.53 points on Wednesday, January 21.
As the earnings season took a break, so did investors.
Doha Bank soars as financial results convince
January 21, 2014--The Qatar Exchange 20 index slipped 0.11 per cent to reach 11,849.63 points on Wednesday, January 21.
Doha Bank jumped 6.14 per cent to QAR58.80 after the lender said its financials for 2014 revealed a net profit of QAR1.354 billion ($351 million) in 2014 compared to a QAR1.313bn ($340.6m) in 2013.
Etisalat rises to one-month high
January 21, 2015--The Abu Dhabi stock market index continued its careful step-by-step recovery as the gauge finished 0.21 per cent higher at 4,535.40 points on Wednesday, January 21.
Although nine gaining shares were outnumbered by 16 losing stocks, market bellwether Etisalat was the main driver of market support as the first telecom operator and most valuable firm […]view more
DP World shares fluctuate above $20
January 20, 2015--The FTSE NASDAQ Dubai UAE 20 Index closed on Tuesday, January 20, down by 0.96 per cent at 3,806.72 points.
Dubai Ports (DP) World was the only listed share posting a price change, finishing off 0.80 per cent at $20.05.
Qatar Exchange remains under minor pressure
January 20, 2015--The Qatar Exchange 20 index lost 0.50 per cent to 11,862.32 points on Tuesday, January 20.
Qatar Islamic Bank (QIB) declined by 1.44 per cent to QAR102.70.
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Qatar Exchange remains under minor pressure
January 20, 2015--The Qatar Exchange 20 index lost 0.50 per cent to 11,862.32 points on Tuesday, January 20.
Qatar Islamic Bank (QIB) declined by 1.44 per cent to QAR102.70.