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DEPA shares hit 11-month low
October 2, 2014--The FTSE NASDAQ Dubai UAE 20 Index closed 1.61 per cent lower at 4,555.66 points on Thursday, October 2.
Dubai-based interior design firm Depa Limited dived 8.43 per cent to $0.57, the lowest level since November 2011.
Lackluster Abu Dhabi exchange dips
October 2, 2014--The Abu Dhabi market index ADXGI fell by 0.37 per cent to 5,111.25 points on Thursday, October 2.
Ras al-Khaima Cement Company gained the most, closing 7.40 per cent higher at AED1.31. Market bellwether Etisalat, the most valuable UAE firm and telecom leader, closed unchanged at AEE11.65.
Emaar Malls Group gains strongly on first day of trading
October 2, 2014--Despite the euphoria on the Dubai trading floor about the first listing of the biggest IPO since 2007, the Dubai Financial Market (DFM) general index lost 1.68 per cent to close at 4,957.87 points on Thursday, October 2.
At the opening, Emaar chairman Mohamed Alabbar rang the bell for the first trading session of Emaar Malls...
Arabian Pipes in $15.46m Saudi Aramco deal
September 30, 2014--The Tadawul All-Share Index closed 0.91 per cent to reach 10,854.79 points on Tuesday, September 30.
SABIC added 0.10 per cent, finishing at SAR131.22. Arabian Pipes dived 1.94 per cent to SAR32.90.
NASDAQ Dubai-listed shares retreat slightly
September 30, 2014--The FTSE NASDAQ Dubai UAE 20 Index closed 0.20 per cent higher at 4,626.40 on Tuesday, September 30.
DP World lost 1.20 per cent to close at $20.75, while Emirates REIT fell back to $0.629, off by 0.16 per cent.
Qatar’s Ahli Bank seals $200 million syndicated loan
September 30, 2014--The QE 20 Index dipped 0.84 per cent to 13,782.31 points on Tuesday, September 2014.
Just a few shares added value, with Ezdan Holding recording the biggest surge, up by 6.75 per cent to reach QAR21.34. Ahli Bank finished flat at QAR53.50.
Dubai market property heavyweights lift gauge, Amanat announces IPO
September 30, 2014--The Dubai financial market (DFM) general index failed to recapture the 5,000 points on Tuesday, September 30, ending up by 0.14 per cent to 4,997 points.
Emaar and Arabtec Holding (construction) surged by 0.90 and 2.70 per cent, respectively.
Agthia shares idle, firm presents new CEO
September 30, 2014--The ADX general index added 0.287 per cent to hit 5,088.478 points on Tuesday, September 30.
Agthia Group closed flat at AED6.50. Earlier in the day, it said that it has appointed Pakistani national, Iqbal Hamzah, as CEO, effective immediately.
Saudi shares advance across the board
September 29, 2014--The Tadawul All-Share Index edged up by 0.80 per cent to reach 10,757.41 points on Monday, September 29.
SABIC added 0.70. per cent to close at SAR131.25.
Dana Gas jumps on new Egypt deals
September 29, 2014--The ADX general index added 0.287 per cent to hit 5,088.478 points on Monday, September 29.
Sharjah-based Dana Gas was in the focus, closing three per cent higher at AED0.69.
