Middle East ETF News Older than One Year
DFM drops 4.32% as Arabtec falls 9.9%
June 24, 2014--Both the Dubai Financial Market (DFM), and the Abu Dhabi Securities Exchange (ADX) ended the day's trade on Monday in the red,
as most powerhouses saw major drops in their share prices.
Source: Zawya.com
Egypt bourse to allow pre-session trading
June 24, 2014--The Egyptian Stock Exchange has said it will resume pre-market sessions, allowing stocks to move as much as 20% a day, double the limit in place since 2011, Bloomberg has reported.
The bourse will allow shares to fluctuate as much as 10% during pre-market trading, it said. Stocks can also move an additional 10% in...
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Source: AME info
NASDAQ Dubai lackluster ahead of Ramadan
June 22, 2014--The FTSE NASDAQ Dubai UAE 20 Index closed 1.61 per cent lower to 4,177.27 points on Sunday, June 22.
DP World lost 0.52 per cent to close at $19.01. Depa and Emirates REIT ended flat.
Source: AME Info
Abu Dhabi exchange signs bonds listing, trading agreement
June 22, 2014--Abu Dhabi Securities Exchange (ADX) has signed an agreement paving the way for bonds and other debt instruments to be listed and traded through the bourse, it said in a statement on Sunday.
The introduction of debt listing and trading has long been anticipated in the emirate-the largest and richest of the seven which make up the United Arab Emirates-as a way to expand the exchange's activities and make it easier for local companies to sell debt instruments.
Source: Reuters
Egypt Stocks End This Week Lower, Lose EGP3.3bn
June 20, 2014--Egypt's stocks ended this week lower with losses amounting to 3.3 billion Egyptian pounds as foreign investors were back to sell-off transactions.
Consequently, the main stock index, EGX30 also ended Thursday's sessions below 8340 points.
Source: Zawya.com
Banque Saudi Fransi seals SAR2 billion sukuk
June 19, 2014--The Saudi Arabian Tadawul All-Share Index gained a tiny 0.10 per cent on Thursday, June 19, finishing at 9,648.26 points.
A new war of words between Saudi Arabia and Iraq has weighed on the sentiment. Saudi Arabian minister of foreign affairs, Saudi Al-Faisal, denied accusations made by Iraqi prime minister...
Source: AME Info
Asmak leads Abu Dhabi market rebound
June 19, 2014--The Abu Dhabi market index closed 0.50 per cent to hit 4,803.79 points on Thursday, June 19.
International Fish Farm Holding Company, better known as Asmak, jumped 10.70 per cent to hit AED6.00. Dana Gas rebounded by 1.35 per cent, finishing at AED0.75.
Source: AME Info
Drake and Scull International is Dubaii's share of the week
June 19, 2014--The Dubai Financial Market Index (DFMGI) ended 1.57 per cent higher at 4,593.27 points on Thursday, June 19.
After shaving a key resistance level at AED1.80, construction and maintenance firm Drake and Scull International (DSI) hit an all-time high at AED1.90, up by 5.56 per cent (top gainer).
Source: AME Info
Vodafone Qatar gets nod for dividend payout
June 19, 2014--In Doha, the Qatar Exchange 20 Index fell by 1.10 per cent to 12,453.76 points.
The biggest lender in the country, Qatar National Bank plummeted 3.83 per cent to QAR176.
Source: AME Info
Egypt: Industry Minister-New Economic Policies Underway to Encourage Investment
June 17, 2014--Trade and Industry Minister Mounir Fakhry Abdel-Nour said on Monday 16/6/2014 the government is in the process of developing new economic policies which encourage saving and investment.
During a conference on fostering cooperation between Cairo and the City of Pittsburgh, organized by the American Middle East Institute (AMEI),
Source: AllAfrica.com
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