Middle East ETF News Older than One Year
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.
Source: AME Info
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.
Source: AME Info
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.
Source: AME Info
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.
Source: AME Info
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.
Source: AME Info
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.
Source: AME Info
Manama market gains the third day straight
August 21, 2014--The Bahrain All-Share Index closed 0.40 per cent higher to hit 1,422.80 points on Thursday, August 21.
Gulf Hotel Group surged by 3.45 per cent to close at BHD0.90.
Source: AME Info
Savola Group gains on ENBD comments
August 20, 2014--After two days of lackluster trading, the Saudi Tadawul market index TASI woke up from its lethargy and closed 0.53 per cent higher at 10,716.24 points on Wednesday, Aug. 20.
SABIC was up by 0.30 per cent, finishing at SAR128.75.
Source: AME Info
Qatari investors remain on the sidelines after MSCI EM re-adjustment
August 20, 2014--The Qatar Exchange (QE) 20 Index closed unchanged at 13,682.57 points on Wednesday, August 20.
Qatar National Bank (QNB), the biggest lender in the gas-rich country, fell by 1.42 per cent to QAR194.50.
Source: AME Info
Dubai market does one step back, and 1.5 forward
August 20, 2014--A last-minute swing lifted the Dubai stock market index DFMGI into the green, as the gauge closed 0.10 per cent higher at 4,855.73 points on Wednesday, August 20, amid thin trading volumes.
The construction giant Arabtec and the Dubai's two biggest developers, Emaar and Union Properties, closed unchanged.
Source: AME Info
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