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DFM, Egyptian Clearing Co sign agreement to promote dual listing
December 26, 2014--The Dubai Financial Market said that it has entered into an agreement with Misr for Central Clearing, Depository and Registry (MCDR) to promote dual listing of shares.
The agreement will also reinforce collaboration on various areas including dual and multi listing of securities and sharing of capital market expertise, particularly on training and improving skills and proficiency of capital market employees and participants in both countries.
Saudi investors ignore budget deficit warnings (as yet)
December 25, 2014--The Riyadh-based Tadawul market added 0.57 per cent to reach 8,749.34 points on Thursday, December 25, amid a slightly positive market breadth.
Eighty shares advanced, while 74 declined in value.
Manama market rises to three-week high
December 25, 2014--The Bahrain All-Share Index rose by 0.50 per cent to close at 1,407. 06 points on Thursday, December 25.
Islamic bank Al Salam Bank Bahrain jumped 9.32 per cent to hit BD0.129. Arab Banking Corporation or ABC finished flat at $0.68.
RAK Ceramics pulls out of Sudan, boosts sanitary production at home
December 25, 2014--The Abu Dhabi stock market index ADX General gained insignificantly and closed at 4,536.55 points on Thursday, December 25.
Ras al-Khaima (RAK) Ceramic Company closed unchanged at AED3.00.
Dubai investors regain trust in real estate shares
December 25, 2014--The Dubai equities market measure DFM General Index gained for the second session straight on Thursday, December 25, closing 1.46 per cent higher to hit 3,888.39 points.
The gauge crossed the mid-Bollinger band today which is from a chart-technical point of view a sign that that the positive momentum might continue.
Saudi British Bank soars as board proposes 10.50 per cent dividend, capital hike
December 24, 2014--The Tadawul All-Share Index advanced 1.79 per cent to hit 8,699.78 points on Wednesday, December 24.
Since the gauge touched an 18-month low on December 16 2014 in the wake of the oil price crash, it gained 18.70 per cent. Market bellwether SABIC slipped 0.95 per cent to SAR89.75.
Abu Dhabi year-end rally lifts Agthia, Eshraq to new spheres
December 24, 2014--The ADX General Index advanced 1.42 per cent to 4,533.72 points on Wednesday, December 24, although oil prices retreated again and remained stuck below $60 per barrel.
Eshraq Properties and food and beverages producer Agthia recorded the biggest gains, advancing by 14.47 per cent and by 13.73 per cent, respectively.
Post-national day rally lifts Bahrain bourse
December 24, 2014--The Bahrain All-Share Index rose 0.37 per cent to reach 1,407. 06 points.
Islamic bank Ithmaar jumped 10 per cent to hit $0.165. Its local rival Al Baraka Banking Group surged 5.41 per cent to hit $0.78.
Pennystocks surge at Dubai market
December 24, 2014--Amid bullish input from New York where the lead index Dow Jones Industrial Average crossed the 18,000 points for the first time, the Dubai exchange measure DFM General
Index jumped 3.04 per cent to hit 3,832.53 points on Wednesday, December 24.
Qatar market shrugs off foreign FIFA 2022 critics
December 24, 2014--The Qatar Exchange 20 Index added 1.43 per cent to reach 12,357.62 points on Wednesday, December 24.
On Tuesday, December 23, the English daily The Guardian reported about alleged bad conditions on Qatar's construction sites at the venues being built for the FIFA world cup 2022.
