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Dubai market index stuck beneath 5,000 points
August 26, 2014--Investors acted in a more cautious way on Tuesday, August 26, sending the Dubai Financial Market General Index DFMGI up by 0.09 per cent to 4,974.51 points, up by 0.14 per cent.
While backwind form the US, where the S&P 500 index touched 2,000 points for the first time on Monday...
Mazaya Qatar leads Doha market towards 14,000 points
August 25, 2014--The Qatar Exchange (QE) 20 Index rebounded by 0.82 per cent to hit 13,865.89 points on Monday, August 25.
The shares of the developer Mazaya Qatar gained 4.07 per cent to reach QAR24.82. Islamic Insurance dived 2.16 per cent to QAR90.60.
Belgium move no help for DP World shares
August 25, 2014--The FTSE NASDAQ Dubai UAE 20 Index closed 0.42 per cent lower at 4,478.15 points on Monday, August 25,, from the previous close.
Dubai Ports (DP) World lost 1.71 per cent to close at $19.50. On Sunday, DP World said after in invested in the Beverdonk container terminal at Grobbendonk, it would acquire all shares […]
Abdullah A. M. Al-Khodari gains amid flood of new projects
August 25, 2014--The Saudi Stock Exchange, after gaining for six (!)consecutive sessions, fell by 0.55 per cent to 10,842.78 points on Monday, Aug. 25.
Abdullah A. M. Al-Khodari Sons Company jumped 4.97 per cent to reach SAR66.50.
Dubai Investments gains slightly as subsidiaries order books fill up
August 25, 2014--A roller-coaster trading day left the Dubai stock market index DFMGI at 4,970.05 points, up 0.14 per cent, on Monday, August 25.
Trading volumes stagnated, as there was a bank holiday in the United Kingdom. The city of London has the highest density of Middle East funds and investment vehicles outside the region.
Aldar Properties advances to two-month high
August 25, 2014--The ADX General Index lost insignificantly to stop the trading session at 5,079.12 points on Monday, August 25.
Aldar, the first developer in the UAE capital inched up by 0.25 per cent to reach AED3.96. Union Cement surged 14.50 per cent to close at AED1.74.
Jabal Omar Development reduces nine-month loss
August 21, 2014--The Tadawul All-Share Index ended up 0.17 per cent at 10,734.76 points on Thursday, Aug. 21. SABIC slipped 0.26 per cent to SAR128.50.
Al-Rajhi Company for Cooperative Insurance was the top gainer, ending up 7.31 per cent at SAR52.25.
Islamic firms lead Qatar market higher
August 21, 2014--The Qatar Exchange 20 Index gained 0.70 per cent to hit 13,776.19 points on Thursday, August 21. Qatar Islamic Bank soared six per cent to reach QAR123.80.
International Islamic Bank advanced by 2.84 per cent to hit QAR86.80.
Aldar Properties in new attempt to crack AED4
August 21, 2014--Abu Dhabi-listed shares ended the week mixed, sending the Abu Dhabi market index ADXGI insignificantly lower to 5,051.27 points on Thursday, August 21.
The emirate's first developer Aldar Properties was the most actively traded share in relation to volume, surging by 1.04 per cent to reach AED3.87.
Takaful Emarat shares jump: takeover speculation?
August 21, 2014--The Dubai Financial Market General Index closed 1.07 per cent higher at a one-month high of 4,907.55 points on Thursday, August 21.
Trading volumes increased by more than 50 per cent over yesterday, as more investors returned from their Eid/summer holidays.
