Middle East ETF News Older than One Year


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.

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Source: AME Info


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.

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Source: AME Info


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.

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Source: AME Info


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,

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Source: AME Info


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.

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Source: AME Info


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.

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Source: AME Info


Ooredoo in the spotlight

November 18, 2014--The Doha-based Qatar Exchange 20 Index joined the general rebound in the region on Tuesday, November 18,

closing at 13,809.44 points. Ooerdoo closed flat at QAR119. Earlier in the day, the first Qatari telecom provider announced it would pay interest on a global medium term note on December 10 to its bondholders.

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Source: AME Info


Financial firms take centre stage at Abu Dhabi exchange

November 18, 2014--An index uptick of 0.66 per cent was the result of the Abu Dhabi stock market ADX's performance on Tuesday, November 18.

FGB, as the most liquid share, closed 0.10 per cent higher at AED19. Abu Dhabi Commercial Bank (ADCB) and Abu Dhabi Islamic Bank advanced by 3.24 per cent and by 3.20 per cent,

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Source: AME Info


Qatar market gains on end of diplomatic row with GCC countries

November 17, 2014--The QE 20 Index added 0.13 per cent to reach 13,762.76 points on Monday, November 17.

The gauge bucked the sluggish trend in the region and the world after Japan said its GDP shrank for the second quarter straight[a1] . But news from the UAE, Saudi Arabia and Bahrain that they would re-instate their ambassadors in...

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Source: AME Info


Etisalat weathers the storm at Abu Dhabi bourse

November 17, 2014--The Abu Dhabi stock market index fell back by 1.10 per cent to close at 4,908.97 points on Monday, November 17.

Abu Dhabi National Company for Building and Material gained the most, finishing 2.15 per cent higher at AED0.95. Etisalat finished flat at AED11.45. United Arab Bank (UAB) ended even at AED7.

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Source: AME Info


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