Middle East ETF News Older than One Year
Bahrain market fails to cross on-month high
April 21, 2014-The Bahrain All Share Index declined by 0.23 per cent to reach 1,385.86 points on Sunday, April 20.
Bahrain Telecom gained 1.76 per cent to hit BHD0.346. Inovest recorded the biggest drop, diving 8.77 per cent to $0.26. Aluminium Bahrain dipped by 0.42 per cent to BHD0.476.
Source: AME Info
Saudi Industrial Development Co. gains on Q1 results
April 17, 2014--The Saudi Arabian Tadawul All Share Index advanced by 0.28 per cent at 9,530.58 points on Thursday, April 17.
SABIC finished insignificantly higher at SAR113.50. Saudi Industrial Development Company edged up by 1.81 per cent to hit SAR21.90.
Source: Middle East
Developers gain as lenders lose at Dubai market
April 17, 2014--The Dubai Financial Market General Index (DFMGI) advanced by 0.72 per cent to close at 4,762.21 points on Thursday, April 17.
The gauge gained 150 per cent in the past 12 months and showed few signs of exhaustions during this week, despite negative sentiment in Europe
Source: AME Info
TAQA secures $200 million Samurai loan to refinance bonds
April 17, 2014--The Abu Dhabi market index ADXGI finished the second week of April with a day gain of 0.50 per cent, closing at 5,156.65 points on Thursday, April 17.
The shares of Abu Dhabi National Energy Company-also known as TAQA
Source: AME Info
Doha Bank buys HSBC Oman business in India
April 17, 2014--The Qatar Exchange (QE) 20 Index advanced by 0.78 per cent to hit 12,550.98 points on Thursday, April 17.
Doha Bank ended up by 0.16 per cent at QAR63. Earlier in the day, the lender said it has entered into an agreement with HSBC Bank Oman...
Source: AME Info
Bahrain market hits one-month high
April 17, 2014--The Bahrain All Share Index regained 0.65 per cent to reach 1,389.05 points on Thursday, April 17.
Ahli United Bank finished 3.18 per cent higher at $0.81. Khaleeji Commercial Bank dived by 3.64 per cent to BHD0.053.
Source: AME Info
Lacklustre Tadawul bourse closes unchanged
April 16, 2014--The Riyadh-based Tadawul All Share Index finished flat at 9,504.33 points on Wednesday, April 16.
After hawkish comments by NATO general secretary, Anders Fogh Rasmussen, on ongoing border tensions between the Ukraine and the Russian Federation, investors swapped gold and oil for equity.
Source: AME Info
Dubai market cheers DIB's opening for foreign investors
April 16, 2014--The Dubai Financial Market General Index (DFMGI) finished a rollercoaster trading session 0.90 per cent higher at 4,728.38 points on Wednesday, April 16.
Dubai Islamic Bank (DIB) was the share of the day, which gained 2.60 per cent, reaching AED6.31. Earlier in the day, the oldest Islamic bank (founded in 1975) in the Gulf Arab...
Source: AME Info
Abu Dhabi market rises in lockstep with Dubai bourse
April 16, 2014--Like the Dubai market DFM, the Abu Dhabi market index ADXGI closed 0.45 per cent higher at 5,108.75 points on Wednesday, April 16.
Eshraq Properties and Aldar Properties were the most liquid shares and gained 5.24 per cent and 1.95 per cent, respectively. Ras al-Khaima Properties closed even. Abu Dhabi Ship Building lost the most...
Source: AME Info
National Bank of Bahrain convinces market with Q1 results
April 16, 2014--The Bahrain All Share Index regained 0.30 per cent to reach 1,380.03 points on Wednesday, April 16.
National Bank of Bahrain (NBB) advanced by 2.74 per cent to BD0.75. Earlier in the day, NBB said its net income in the first three months of this year rose by 12.1 per cent over the same period...
Source: AME Info
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