Middle East ETF News Older than One Year
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.
Source: AME Info
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.
Source: AME Info
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.
Source: AME Info
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.
Source: AME Info
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.
Source: AME Info
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.
Source: AME Info
Saudi Advanced Industries Co. gains on dividend announcement
December 23, 2014--The Tadawul All-Share Index closed unchanged at 8,546.7 points on Tuesday, December 23, after the rebound in oil prices was halted.
Saudi Advanced Industries Company or SAIC added 1.51 per cent to finish at SAR20.20.
Source: AME Info
NASDAQ-Dubai listed shares post profits
December 23, 2014--The FTSE NASDAQ Dubai UAE 20 Index dived 2.11 per cent to 3,740.77 points on Tuesday, December 23.
DP World closed 0.52 per cent higher at $21.25.view more
Source: AME Info
Profit booking sends most Qatari shares lower
December 23, 2014--Thee QE 20 Index declined by 1.91 per cent to 12,183.5 2 points on Tuesday, December 23.
As in the UAE, pre-end of year holiday booking triggered prices to fall.
Source: AME Info
Taqa shares rebound after hitting AED0.80
December 23, 2014--The ADX General Index fell by 0.78 per cent to 4,481.58 points on Monday, December 22.
The session marked the first market decline since a post-crash buying frenzy kicked off on Dec. 16.
Source: AME Info
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