Middle East ETF News Older than One Year
DFM shares soar on market recovery
January 8, 2015--The Dubai stock market index DFMGI gained for the second session straight, ending 2.05 per cent higher to reach 3,674.29 points on Thursday, January 8.
Rising trading volumes underlined the market's rebound. DFM, the only listed Arab capital market, gained the most, closing six per cent higher at AED1.94.
Source: AME Info
BlueStar Global Investors-Israeli Equities Hit by Domestic Uncertainty and Global Volatility
January 8, 2015--Global equity benchmarks experienced volatility in December and early January as markets weighed the impact of falling oil prices, a strong dollar, and the divergence of economic growth trajectories between the U.S. and much of the rest of the world.
In addition to global macro headwinds, Israeli equities are still discounting the impact of 2014's war with Hamas on the domestic economy and corporate financial results. Further uncertainty was injected into Israeli markets when Prime Minister Netanyahu called for early elections and the outlook for Israel's ability to exploit its massive natural gas reserves was threatened by a surprise regulatory decision.
Source: BlueStar Global Investors
Saudi market reverses downtrend
January 7, 2015--The Tadawul All-Share Index gained 0.94 per cent to hit 8,133.39 points on Wednesday, January 7.
Market breadth was very positive as 129 shares advanced, while 32 declined in value.
Source: AME Info
Diar transfers shares to QIA
January 7, 2015--The Qatar Exchange 20 Index added 0.73 per cent to hit 11,898.18 points on Wednesday, January 7.
Al Khaliji Commercial bank fell by 0.18 per cent to QAR21.80. Earlier in the day, the lender said Diar Real Estate Investment Company,
Source: AME Info
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.
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
Barwa Real Estate dived three per cent to close at QAR38.80.
Source: AME Info
Emaar falls the most at sluggish Dubai market
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
Source: AME Info
Abu Dhabi blue chips plummet as oil crash starts to bite
The price of the "black gold" still failed to find a bottom, falling by over two per cent to trade below 49 dollars (WTI).
Source: AME Info
ADCB in port terminal financing deal, shares slip
Abu Dhabi Commercial Bank (ADCB), the third biggest lender in the UAE capital, was off 0.90 per cent at AED6.59.
Source: AME Info
January 6, 2015--The Qatar Exchange 20 Index declined by 1.53 per cent to hit 11,811.75 points on Tuesday, January 6.
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.
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.
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.
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