Middle East ETF News Older than One Year
DP World soars ahead of MSCI's UAE upgrade
May 13, 2014--he FTSE NASDAQ Dubai UAE 20 Index jumped 2.32 per cent to close at 4, 652.43 points on Tuesday, May 13.
Dubai Ports (DP) World surged by 4.37 per cent to hit $19.60, a one-month high. Emirates REIT, the Islamic real investment trust,slipped 0.68 per cent to $1.47. The UAE (along with Qatar) will be...
Source: AME Info
SABIC gains as Emirates NBD sees more growth for petrochems
May 12, 2014--The Riyadh-based Tadawul All-Share Index added 0.11 per cent to reach 9,775.85 points on Monday, May 12.
SABIC, the world's biggest manufacturer of petrochemicals gained 0.24 per cent to close at SAR118.75.
Earlier in the day, Anita Gupt, the equity strategist at Emirates NBD wealth management said she was positive on chemicals and long-term prospects
Source: AME Info
Dubai market bounces back
May 12, 2014--After a sell-off that dragged the Dubai Financial Market General Index (DFMGI) down by more than three per cent on Sunday, the gauge rebounded by 1.40 per cent to close at 5,214.25 points on Monday, May 12.
Emaar climbed by 0.50 per cent to hit AED10. Drake and Scull International (DSI) declined by 2.30 per
Source: AME Info
Abu Dhabi blue chips advance in lockstep
May 12, 2014--Like the Dubai equity index DFMGI, the Abu Dhabi equity index ADXGI regained territory on Monday, May 12, closing 0.38 per cent higher at 5,007.14 points.
Eshraq Properties was the most liquid share, ending 3.26 per cent higher at AED1.90. Dana Gas gained 3.53 per cent and Aldar Properties surged by 3.87 per cent.
Source: AME Info
Qatar market back above 13,000 points
May 12, 2014--The Doha-based QE 20 Index digested the setback from Sunday by gaining 0.56 per cent to hit 13,067.34 points on Monday, May 12.
Market bellwether, Industries Qatar, surged by 0.80 per cent to hit QAR190. Ezdan Holding dived 385 per cent to QAR25.00, ending as the top loser. The wealth management team of Emirates NBD
Source: AME Info
Qatar bourse says to list first exchange-traded funds
May 11, 2014--Qatar's bourse plans to list its first exchange-traded funds (ETFs) this year and these will be much larger than ETFs listed elsewhere in the Gulf, the stock exchange said on Sunday.
The launch of the two funds, which the exchange said would provide more diverse investment opportunities, will follow MSCI's upgrade of Qatar, plus the United Arab Emirates, to emerging market status later this month.
Source: alarabiya.net
'Bubble' warnings keep Dubai market at bay
May 8, 2014--The Dubai Financial Market General Index (DFMGI) closed unchanged at 5,302.09 points on Thursday, May 8.
Trading turnover plummeted by one third, as approximately 575 million shares worth AED1.68 billion changed hands. Since January 1, the DFMGI has gained 55 per cent in value. Emaar dipped by one per cent to AED10.15. Earlier in the...
Source: AME Info
SABIC, Dar Al-Arkan lift Tadawul market
May 8, 2014--The Riyadh-based Tadawul All Share index closed 0.43 per cent higher at 9,787.03 points, on Thursday, May 8.
Media reports that the GCC region's first exchange in relation to market capitalisation is examining to go public lifted the gauge. Saudi Basic Industries (SABIC), the exchange's bellwether, added 0.71 per cent to reach SAR119.
Source: AME Info
Waha Capital, Taqa lead Abu Dhabi bourse higher
May 8, 2014--In Abu Dhabi, the equity market index (ADXGI) gained 0.36 per cent to reach 5,045.01 points on Thursday, May 8.
Year to date, the gauge has risen by 17.6 per cent. Abu Dhabi National Energy Company (Taqa) advanced the most (up by 5.83 per cent), followed by Waha Captial that surged by 5.70 per cent.
Source: AME Info
Qatar market bounces back
May 8, 2014--After falling for two days, the Qatar market index (QE 20) re-gained territory on Thursday, May 8, closing 0.31 per cent higher at 12,961.40 points.
Al Khaliji Commercial Bank advanced by 0.05 per cent to QAR23.08. Earlier in the day, the lender announced the opening of its latest branch at The Pearl Qatar, a manmade...
Source: AME Info
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