Middle East ETF News Older than One Year
Regional woes weigh on Qatar market
September 24, 2014--The QE 20 index lost 0.53 per cent, finishing at 13,932.30 points on Wednesday, September 24.
Amid an escalation in the war against ISIS in Syria and Iraq, investors ducked and sent market bellwether Industries Qatar down by 0.80 per cent at QAR191.50.
Source: AME Info
Etisalat share gain fails to save the day at Abu Dhabi market
September 22, 2014--The ADX general index (ADXGI) fell back to the level of last Wednesday, ending off by 0.47 per cent to finish at 5,149.80 points on Monday, September 22.
Emirates Telecommunications Corporation, better known as Etisalat (Arabic for: connections) surged by 0.86 per cent to hit AED11.70.
Source: AME Info
Lackluster Dubai market adds slightly
September 22, 2014--The Dubai Financial Market General Index closed 0.13 per cent higher at 5,094.82 points on Monday, September 22, amid thin trading.
Emaar, as the most liquid share, finished up by 0.43 per cent to AED11.65. Interest in Emaar's IPO of its subsidiary Emaar Malls Group showed no let-up shortly before the subscription period ends on...
Source: AME Info
Saudi market unimpressed by imminent NCB going public
September 22, 2014--The Tadawul All-Share Index on Monday, September 22, lost 1.23 per cent to 10,874.82 points.
Earlier on late Sunday, the capital market authority gave green light for the country’s largest lender National Commercial Bank (NCB) IPO which is poised to be the second largest IPO in 2014 after Alibaba.com, analysts said.
Source: AME Info
Manama market regains ground
September 22, 2014--The Bahrain All-Share Index added 0.10 per cent to reach 1,470.74 points on Monday, September 22.
Banks were the stabilising force, while services lost the most. Islamic bank Ithmaar jumped 8.82 per cent, finishing at $0.185.
Source: AME Info
Lack of catalysts lead Qatar exchange slightly down
September 22, 2014--The QE 20 index dipped by 0.13 per cent, finishing at 14,117.77 points on Monday, September 22.
Qatar National Bank added 0.50 per cent to hit QAR209. Cinema lost the most (off by 2.33 per cent to QAR48.10).
Source: AME Info
Palestine Exchange on FTSE Frontier Market Watch List
September 21, 2014--FTSE group announced today that the FTSE Governance Board has ratified the recommendation from the FTSE country classification committee and the policy group that Palestine be placed on the FTSE watch list
for possible promotion to frontier market status within FTSE equity indices.
Source: Palestine Exchange
Dubai market index back above 5,000
September 15, 2014--The DFM General Index ended up by 0.54 per cent to reach 0.61 per cent higher at 5,018.11 points on Monday, September 15.
Commercial Bank of Dubai or CBD gained the most.
Source: AME Info
Kuwait stock exchange edges up
September 15, 2014--The KSE Market Index advanced by 0.63 per cent, finishing at 7,544.08 points on Monday, September 15.
National Petroleum Services Company recorded the biggest leap upwards, ending 8.77 per cent higher at KD0.620. Kuwait Reinsurance Company fell by 6.67 per cent to KD0.140.
Source: AME Info
Ithmaar Bank rises on subsidiary project
September 15, 2014--The Bahrain All-Share Index slipped 0.06 per cent to 1,466.18 points on Monday, September 15. Islamic bank Ithmaar jumped 3.13 per cent to hit $0.165.
On Sunday, the bank's subsidiary,Ithmaar Development Company, said work has begun on the primary substation serving the landmark Dilmunia at Bahrain Health Island,with the awarding of a supply...
Source: AME Info
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