Middle East ETF News Older than One Year


Bargain hunting lifts Dubai exchange by over four per cent

January 7, 2015--After a sluggish opening, the Dubai stock market index DFMGI jumped 4.36 per cent to hit 3,600.33 points on Wednesday, January 7, whereas trading turnover remained thin.

Oil prices (WTI) stabilised around 48 dollars per barrel. Market performances correlated strongly with the black gold in recent months.

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Source: AME Info


Last-minute rally fails to lift Saudi market into the green

January 6, 2015--The Tadawul All-Share Index fell by 0.61 per cent to 8,057.43 points on Tuesday, January 6.

Saudi Ceramic Company dipped per cent to 0.30 per cent to SAR101.

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Source: AME Info


Barwa Real Estate seals Lusail Development deal

January 6, 2015--The Qatar Exchange 20 Index declined by 1.53 per cent to hit 11,811.75 points on Tuesday, January 6.

Barwa Real Estate dived three per cent to close at QAR38.80.

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Source: AME Info


Emaar falls the most at sluggish Dubai market

January 6, 2015--Ongoing selling pressure pulled the Dubai equity market index DFMGI down by 3.24 per cent to 3,450.00 points on Tuesday, January 6.

The continued fall of the oil price to a 5.5-year low and the decline of the Euro amid new "Grexit" fears triggered worries at global stock markets about the pace of the world

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Source: AME Info


Abu Dhabi blue chips plummet as oil crash starts to bite

January 6, 2015--The ADX general fell for the third session straight on Tuesday, January 6, closing 2.66 per cent lower 4,311.89 points.

The price of the "black gold" still failed to find a bottom, falling by over two per cent to trade below 49 dollars (WTI).

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Source: AME Info


ADCB in port terminal financing deal, shares slip

January 5, 2015--The Abu Dhabi equity market gauge ADXGI lost 0.47 per cent lower at 4,429.79 points on Monday, January 5.

Abu Dhabi Commercial Bank (ADCB), the third biggest lender in the UAE capital, was off 0.90 per cent at AED6.59.

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Source: AME Info


GFH in the spot light as bank wins court cases

January 5, 2015--The Bahrain All-Share Index fell by 0.231 per cent to hit 1,422.13 points on Monday, January 5.

Gulf Finance House or GFH closed even at $0.19.

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Source: AME Info


Qatari shares lose across the board

January 5, 2015--The QE 20 Index dived 1.91 per cent to 11,995.67 points on Monday, January 5, as oil fell further to a 5.5 year low, weighing on the sentiment in the GCC.

General Insurance gained the most (up 6.94 per cent at QAR57), while market bellwether Industries Qatar lost 0.60 per cent to finish at QAR167.

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Source: AME Info


Tabreed outperforms on successful AED2.6 billion refinancing

January 5, 2015--The Dubai stock market index DFMGI plummeted 3.35 per cent, closing at 3,565.56 points on Monday, January 5.

Shares lost across the board as oil prices fell to a 5.5-year low, weighing on the sentiment across the Gulf region.

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Source: AME Info


Roundtable meeting to discuss new financial instruments in Palestine

January 5, 2015--PEX organized a roundtable meeting in Ramallah, attended by a group of businessmen, academics and specialists.

The meeting aimed at discussing the chances of developing new financial instruments compatible with Palestine’s economic conditions. The attendees recommended either equity or real estate mutual funds and raised the need for public education to stimulate its demand.

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Source: PEX


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