Gulf International seals purchase of Gulf Drilling
April 29, 2014--The Qatar market index (QE 20) fell by 0.55 per cent to 12,626.95 points on Tuesday, April 29.
Developer Mazaya Qatar recorded the biggest advance, reaching QAR19.80. Ezdan Holding lost the most, finishing off 9.93 per cent lower at QAR36.75. Gulf International closed 0.22 per cent lower at QAR88.90.
NASDAQ Dubai listed shares lacklustre
April 29, 2014-The shares of DP World lost 0.60 per cent to $18.60 on Tuesday, April 29. Interior design firm Depa Limited dipped 0.43 per cent to $0.70.
Islamic property investment firm Emirates REIT closed unchanged at $1.40.
Methanol Chemicals Company dips on plant shutdown
April 28, 2014--The Saudi Arabian Tadawul All Share Index closed flat at 9,575.54 points on Monday, April 28 due to a lack of catalysts.
SABIC fell by 0.35 per cent at SAR114.50. Methanol Chemicals Company lost 0.76 per cent to SAR17. In a filing to the market, the firm said in relation to the successful resumption of...
As Dubai temperatures rise, Tabreed earns more
April 28, 2014--The Dubai Financial Market General Index (DFMGI) fell by 0.82 per cent to close at 5,074.43 points on Monday, April 28.
While Emaar closed flat at AED11.00, its rivals Deyaar Development and Union Properties declined by 1.18 per cent and 2.31 per cent, respectively. District cooling provider National Central Cooling Company, also known as Tabreed...
National Bank of Abu Dhabi outperforms rival during first quarter
April 28, 2014--The Abu Dhabi market index (ADXGI) fell by 1.2 per cent to reach 5,090.41 points on Monday, April 28.
Green Crescent Insurance Company recorded the biggest surge, closing 7.96 per cent higher at AED1.22. Aldar Properties, the first developer in the emirate, declined by 2.12 per cent to reach AED4.16.
Bahrain market edged up by 0.44 per cent
April 28, 2014--The Bahrain All Share Index closed at 1,425.25 points on Monday, April 28.
Seef Properties surged by 3.17 per cent to BHD0.195. Khaleeji Commercial Bank declined by 1.80 per cent to reach BHD0.055. Salam Bank ended even at BHD0.23.
Tadawul market rebounds, Makkah Construction soars
April 24, 2014--In contrast to markets in the UAE, the Riyadh bourse regained territory. The Saudi Arabian Tadawul All Share Index gained 0.11 per cent to reach 9,556.64 points on Thursday, April 24.
SABIC closed flat at SAR115. The shares of Makkah Construction and Development Company surged by two percent to SAR85.75.
Abu Dhabi blue chips weigh down market index
April 24, 2014--The Abu Dhabi market index (ADXGI) declined by 0.78 per cent to reach 5,178.20 points on Thursday, April 24.
Abu Dhabi National Company for Building Materials gained the most, closing 4.35 per cent higher at AED1.20. International Fish Farm Holding (Asmak) fell the most, finishing off 9.90 per cent lower at AED7.20. Aldar Properties dived...
Masraf Al Rayan shares dip, amid slightly higher Q1 profit
April 24, 2014--The Qatar Exchange 20 Index closed insignificantly lower at 12,954.93 points on Thursday, April 24, as shares ended mixed.
Masraf Al Rayan fell by 2.21 per cent to reach QAR48.65. Earlier in the day, the Islamic bank disclosed the interim financial statement for the three-month period that ended on March 31, 2014...
Bahrain market gains the fourth session straight
April 24, 201--The Bahrain All-Share Index advanced by 1.44 per cent to 1,418.84 points on Thursday, April 24.
Arab Banking Corporation jumped by 10 per cent (limit up) to hit $0.66. Nass Corporation dived by 2.15 per cent to reach BHD0.182. Bahrain Telecom closed flat at BHD0.384.