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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.
Dubai bourse rally halted
April 24, 2014--The Dubai Financial Market General Index (DFMGI) lost 1.25 per cent to close at 5,070.93 points, with the market breadth ending in bearish territory.
Only three shares advanced, while 24 listed stocks declined. Trading turnover remained high, as 992 million shares were traded, valued at AED3.373 billion. Emaar slipped by 1.40 per cent to hit...
Qatar Exchange index flirts with 13,000 points
April 23, 2014--The Qatar Exchange (QE) 20 Index rose intra-day above 12,940 points, before the gauge fell back and closed 0.29 per cent lower at 12,902.04 points on Wednesday, April 23.
Ezdan Holding was the top gainer, edging up by 10 per cent to close at QAR45.75. The shares of Al Khalij Commercial Bank recorded the biggest...
Dubai market is up, up and away
April 23, 2014--After crossing the barrier at 5,000 on Tuesday, April 22, the Dubai Financial Market General Index (DFMGI) closed 2.31 per cent higher at 5,133.95 points, despite bearish market breadth.
Twelve shares advanced, while 17 declined. More than one billion shares worth AED3.775 billion changed hands. Arabtec edged up by 10.67 per cent to hit AED8.71.