Middle East ETF News Older than One Year
Ooredoo gains on bond interest payout, QNB ends flat amid FY results
January 13, 2015--In Doha, the Qatari share index QE 20 gained 0.21 per cent to reach 11,936.58 points on Tuesday, January 13, halting a two-day losing streak.
Ooredoo, the national telecom provider, advanced 1.21 per cent to reach QAR116.70.
Source: AME Info
TAQA soars at Abu Dhabi bourse, Etisalat slightly higher
January 13, 2015--The ADX general index rebounded by 1.36 per cent Tuesday, January 13, finishing at 4,510.06 points although oil prices dropped further.
Abu Dhabi National Energy Company, better known as TAQA (Arabic for energy) surged five per cent to hit AED0.84.
Source: AME Info
SHUAA Capital gains as subsidiary secures AED500 mln syndicated loan
January 13, 2015--The Dubai financial market (DFM) index, DFMGI, ended a roller-coaster trading session on Tuesday, January 13, with a day gain of 1.74 per cent at 3,814.54 points.
Ajmanbank and Mashreqbank gained 3.92 per cent and 0.10 per cent, respectively.
Source: AME Info
Egypt bourse to allow trading in ETFs from Jan. 14
January 12, 20155--Egypt's stock exchange will allow trading in Exchange Traded Funds (ETFs) for the first time on Wednesday, as part of efforts to encourage foreign investment and boost liquidity.
ETFs are typically funds that track equity indexes, though they can also track commodities and other assets, with component stocks usually represented in proportion to the size of their market capitalization.
Source: Reuters
Saudi Arabia Fertilizers gains amid stable full-year profit
January 12, 2015--The Tadawul All-Share Index slipped 0.10 per cent to hit 8,436.71 points on Monday, January 12.
Market bellwether SABIC lost 1.86 per cent to SAR77.00. Saudi Arabia Fertilizer Company added 0.33 per cent to reach SAR142.25.
Source: AME Info
NASDAQ Dubai listed shares end with losses
January 12, 2015--The FTSE NASDAQ Dubai UAE 20 Index closed at 3,719.94 points on Monday, January 12, off 0.89 per cent, from the previous close.
Dubai Ports (DP) World finished 0.96 per cent lower at $20.60. Interior design firm Depa Limited slipped 0.40 per cent to $0.508.
Source: AME Info
Al Khaliji Commercial Bank gains on new dividend system
January 12, 2015--The Qatari share index QE 20 fell 0.85 per cent to 11,911.69 points on Monday, January 12.
Qatar Electricity and Water lost 0.54 per cent to QAR185.40.
Source: AME Info
Abu Dhabi market falls in lockstep with Dubai
January 12, 2015--Similar to the Dubai market index DFMGI, the ADX general index lost 0.68 per cent on Monday, January 12.
The gauge closed at 2pm local time at 4,449.43 points.
Source: AME Info
Damac gains on first trading day at Dubai market
January 12, 2015--The Dubai financial market (DFM) index, DFMGI, halted a three-day gaining-streak, closing 0.68 per cent lower to reach 3,749.37 points on Monday, January 12.
DAMAC Properties listed today as the fourth developer on the Dubai market, following an initial public offering (IPO) on the London Stock Exchange (LSE) in December 2013 when the developer of Dubai-based ...
Source: AME Info
Saudi market digests oil price slump
January 8, 2015--Although oil prices stabilised at a low level without showing any hint for a rebound, the Saudi Arabian Tadawull All-Share Index ended 1.86 per cent higher at 8,284.89 points on Thursday, January 8.
Positive market breadth (147 shares advanced, 12 declined) indicated a broad consensus for the rebound of the Riyadh-based market.
Source: AME Info
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