Bargain hunters take their picks in Dubai, Abu Dhabi declines further
November 27, 2014--The Dubai financial market (DFM) closed a roller coaster week 1.15 per cent higher at 4,494.73 points on Thursday, November 27.
Over the last trading week in November, the gauge lost two per cent in value. Arabtec Construction jumped 6.15 per cent to hit AED3.97.
Source: AME Info
Investors happy about Advanced Petrochemical dividend
November 26, 2014--The Tadawul All-Share Index lost 1.65 per cent to close at 9,081.27 points on Wednesday, November 26
Investors ducked as they wait and see whether or not the oil cartel OPEC will cut production quota in order to stabilise oil prices which fell by 20 per cent in value (U. S. crude) in the last..
Source: AME Info
DP World bucks fickle trend at UAE stock markets
November 26, 2014--At the NASDAQ Dubai, the shares of Dubai Ports (DP) World advanced by 0.71 per cent to hit $21.15.
Albeit stock markets in Dubai and Abu Dhabi lost sharply in recent days, investors kept the world’s third biggest port operator well above $21.
Source: AME Info
Emaar shares plummet 5.29 per cent
November 26, 2014--Selling pressure continued to weigh on the Dubai stock market index DFMGI, which lost value for the third session straight on Wednesday, November 26.
The gauge ended off 2.50 per cent at 4,443.34 points.
Source: AME Info
Qatar Fuel in $6m tanker deal
November 26, 2014--The Doha-based Qatari stock market recovered by 0.70 per cent on Wednesday, November 26, finishing at 13,518.35 points.
Qatar Fuel, also known as Woqod (Arabic for fuel) slipped 0.35 per cent to reach QAR226.70.
Source: AME Info
Energy shares outperform sluggish Abu Dhabi market
November 26, 2014--The ADX General Index ADXGI declined for the second consecutive session on Wednesday,
November 26.
Source: AME Info
JSE ends lower, Steinhoff sparkles on deal
November 25, 2014--South African stocks have closed lower,
but Steinhoff jumped after the furniture firm unveiled a $5.7bn deal to enter the apparel market.
Source: AME Info
SABIC fall below SAR100
November 25, 2014--The Tadawul All-Share Index dropped by 1.82 per cent to close at 9,234.03 points on Tuesday, November 25, despite positive input
from Asian and Western markets Market breadth was very negative as 17 shares advanced, while 140 declined in value.
Source: AME Info
Barwa Real Estate, Qatar Exchange plummet
November 25, 2014--Like most GCC markets, the QE 20 Index lost sharply on Tuesday, November 25, closing two per cent lower at 13,423.83 points.
Barwa Real Estate lost nearly three per cent to hit QAR49.20.
Source: AME Info
Etisalat says it backs Mobily CEO dismissal
November 25, 2014--In Abu Dhabi, the ADX General Index ADXGI dived two per cent to hit 4,861.74 points on Tuesday, November 25.
The bank was under pressure, in particular, with FGB, ADCB and National lost slightly.
Source: AME Info