Middle East ETF News Older than One Year
SABIC gains despite lower Q1 earnings
April 21, 2014--The Saudi Arabian Tadawul All Share Index surged by 1.11 per cent to 9,636.17 points on Sunday, April 20.
SABIC edged up by 1.43 per cent to SAR115.25. Earlier in the day, the world's largest producer of petrochemical products said it earned a net income of SAR6.44 billion ($1.76bn) in the first three months of...
Source: AME Info
Abu Dhabi Commercial Bank buys SME loan portfolio for AED450 million
April 21, 2014--The Abu Dhabi market index ADXGI finished 0.33 per cent lower at 5,139.75 points on Sunday,, April 20.
Arkan Building Materials jumped 9.31 per cent to AED2.70. Abu Dhabi Commercial Bank (ADCB) plummeted by 3.40 per cent to AED7.70. Earlier in the day, the lender said it bought an asset finance loan portfolio for small...
Source: AME Info
Buoyant Dubai market gains as Emaar slips
April 21, 2014--The Dubai Financial Market General Index (DFMGI) gained 1.70 per cent to close at 4,843.35 points on Sunday, April 20.
Market breadth was slightly negative as 14 shares advanced, while 15 declined in value. Emaar fell by 0.50 per cent to AED10.20. Arabtec advanced by 3.43 per cent to AED7.23.
Source: AME Info
Kuwait Finance House dives after missing Q1 estimates
April 21, 2014--The Kuwait Stock Exchange's market index fell by 0.20 per cent to 7,435.88 points on Sunday, April 20.
Kuwait Finance House (KFH) plummeted by 2.32 per cent to KWD0.840. Earlier in the day, KFH Reuters reported that KFH reported a 13 per cent rise in first quarter net profit on Saturday, April 19, missing analyst...
