Dubai investors book profits ahead of UAE national holidays
November 25, 2014--Emirates Islamic Bank gained the most,
closing 14.80 per cent higher at AED1.32.
Source: AME Info
ACE Arabia Cooperative Insurance dives on fire incident
November 24, 2014--The Tadawul All-Share Index lost 1.20 per cent to hit 9,404.76 points on Monday, November 24.
Earlier in the day, Zhang Guobao, the chairman of the advisory committee of China’s National Energy Committee, said in Dubai at the Boao forum for Asia financial cooperation ACE Arabia Cooperative Insurance plummeted three per cent to reach SAR65.50. ...
Source: AME Info
DP World stabilises above USD21
November 24, 2014--The FTSE NASDAQ Dubai UAE 20 index closed 0.55 per cent to reach 4,411.28 on Monday, November 24.
Dubai Ports (DP) World advanced by 1.40 per cent to hit $21.40. No other listed shares posted a change in price.
Source: AME Info
Abu Dhabi listed developers weigh on market index
November 24, 2014--The ADX General Index ADXGI closed unchanged at 4,965.07 points on Monday, November 24.
In contrast to Sunday, when developers lost value. The most liquid shares were again Eshraq Properties, ending off 5.10 per cent at 1.12. RAK Properties diving 7.50 per cent to AED0.87.
Source: AME Info
SHUAA falls below AED0.85
November 24, 2014--The Dubai stock market index DFMGI lost 0.10 per cent to reach 4,625.76 points on Monday, November 24.
Emaar advanced 0.44 per cent and closed as the most liquid share at AED11.35. SHUAA
Source: AME Info
Two investment funds to be launched at QE
November 23, 2014--In a first, two investment funds are to be launched at the Qatari bourse and one of them is to be listed as early as the year-end.
The CEO of Qatar Exchange (QE) said in a statement to QNA that the fund to be listed this year was in the final stages of approval.
Source: Zawya
Qatar market drops despite QIA assurance on oil price irrelevance
November 20, 2014--The Qatar Exchange 20 Index declined by 0.40 per cent to hit 13,846.01 points on Thursday, November 20.
Earlier in the day, the sovereign wealth fund Qatar Investment Authority CEO Ahmed Al-Sayed said at the annual IFSWF conference on sovereign wealth funds in Doha that the decline in oil prices was not an obstacle for..
Source: AME Info
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.
Source: AME Info
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.
Source: AME Info
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
Source: AME Info