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.
Source: AME Info
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.
Source: AME Info
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.
Source: AME Info
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.
Source: AME Info
Qatari shares duck ahead of third quarter earnings season
September 26, 2014--In Doha, the Qatar 20 Index closed off 0.41 per cent at 13,874.97 points on Thursday, September 25. Zad Holding was the top gainer, finishing 1.50 per cent higher at QAR90.
General Insurance, the biggest losing share, ended down 3.05 per cent at QAR46.05.
Source: AME Info
Financials lift Abu Dhabi market index
September 26, 2014--The Abu Dhabi equity market index ADXGI advanced 0.30 per cent higher at 5,127.60 points on Thursday, September 25.
Emirates Telecommunications Corporation, better known as Etisalat and the most valuable Emirati firm, closed flat at AED11.65. Gains in the financial sector, however, helped the gauge to end in the green.
Source: AME Info
Marka shares shoot up on first trading day at DFM
September 24, 2014--The Dubai Financial Market General Index finished the week with a day gain of 0.14 per cent to close at 5,072.20 points on Thursday, September 25.
The topic of the day was the initial trading day of online retail firm Marka whose shares closed at AED1.59.
Source: AME Info
Air Arabia group CEO optimistic for second half of 2014
September 24, 2014--The Dubai Financial Market DFM General Index lost 1.23 per cent to close at 5,065.02 points on Wednesday, September 24.
In the wake of global market declines amid a joint U. S./Arab aerial campaign against IS in Syria, the Dubai Financial Market (DFM)-listed shares of Air Arabia closed 2.20 per cent lower at AED1.34.
Source: AME Info
Saudi profit takings amid geopolitical woes, SABIC hits one-month low
September 24, 2014--A whopping 140 shares declined on Wednesday, September 24, in Riyadh as the market index TASI closed 1.42 per cent lower at 10,720.51 points.
The expansion of the campaign against IS forces which U. S. and allied Arab air forces (Saudi Arabia and the UAE joined the campaign) to Syria motivated investors in East and
Source: AME Info
Waha Capital releases details of AerCap hedging
September 24, 2014-The Abu Dhabi market index ADX general declined 0.14 per cent to finish at 5,112.07 points on Wednesday, September 24.
Leasing and aerial/maritime investment firm Waha Capital fell by 0.33 per cent to AED3.05.
Source: AME Info