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Dubai market undecided, Abu Dhabi extends rebound
November 20, 2014--After a series of hits, the Dubai stock market index DFMGI finished the week slightly higher and added by 0.90 per cent at 4,563.39 points on Thursday, November 20.
Its sister gauge ADXGI in Abu Dhabi edged up by 0.44 per cent to 4,957.79 points.
Abdullah A. M. Al-Khodari Sons gains on Dammam deal
November 19, 2014--The Saudi Stock Exchange fell sharply at the opening, but eventually regained territory and closed 0.10 per cent to
hit 9,383.79 points on Wednesday, November 19. Abdullah A. M. Al-Khodari Sons Company jumped 2.22 per cent to close at SAR65.
UAE steps up non-oil sector focus
November 19, 2014--The segment grew by 5.4 per cent in 2013, and is expected
to expand faster in 2014 and 2015
DP World keeps momentum up
November 19, 2014--The FTSE NASDAQ Dubai index dropped on Wednesday, November 19.
DP World gained against the trend, ending 0.50 per cent higher at $21.15. No other listed shares at the NASADQ Dubai recorded a change in price.
Qatar market flirts with 14,000 points
November 19, 2014--Against the sluggish trend in the region and in East Asia, the Doha-based QE Index gained 0.66 per cent to hit 13,901.08 points on Wednesday, November 19.
Ahli Bank gained the most, ending 3.51 per cent to reach QAR56. Barwa Real Estate surged 3.12 per cent to hit QAR52.90.
FGB bucks sluggish market trend
November 19, 2014--The Abu Dhabi market index ADXGI closed 0.11 per cent lower at 4,936.18 points on Wednesday, November 19.
Al Ain Al Ahlia Insurance gained the most, ending 14.93 per cent higher at AED46.20. Its rival Watania dived eight per cent to close at AED0.91. Eleven shares advanced, while 17 declined in value.
SHUAA Capital hits 16-month low
November 19, 2014--Shares lost across the board amid negative input from Asian markets after Japan said last
Monday it was in a technical recession.
Advanced Petrochemical soars on debut sukuk placement
November 18, 2014--In Riyadh, the Tadawul All-Share Index edged up by 0.92 per cent to hit 9,374.68 points on Tuesday, November 18.
Advanced Petrochemical Company jumped 4.50 per cent to SAR53. Earlier in the day, Advanced Petrochemical announced the successful completion of its first Shariah compliant bond or Sukuk amounting to SAR1 billion ($270 million) on November 17,
Gainers, losers neutralise Bahrain market index
November 18, 2014--The Manama-based Bahrain All-Share Index ended flat at 1,450.76 points, on Tuesday, November 18.
NASS gained the most (up 2.90 per cent at BD0.179). Bahrain National Holding Company dived 9.80 per cent to BD0.442. Bahrain Telecom dived 1.16 per cent to BD0.34.
Dubai blue chips rise, mid-caps fall
November 18, 2014--The Dubai stock market index DFMGI halted a two-day losing streak on Tuesday, November 18, closing at 4,591.91 points.
Arabtec Holding was the top gainer, closing 3.60 per cent higher at AED4.05. Telecom provider du lost 0.40 per cent while Takaful Emarat ended down 0.80 per cent.