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Ooredoo gets the nod for 40 per cent cash dividend distribution
March 31, 2014--The Qatar Exchange 20 Index advanced by 0.67 per cent to reach 11,639.79 points on Monday, March 31.
Mazaya Qatar jumped four percent to close at QAR14.35. Ooredoo fell by 0.94 per cent to QAR137.70.
Waha Capital gains, secures $750 million credit facility
March 31, 2014--The Abu Dhabi Securities Exchange General Index (ADXGI) slipped 0.26 per cent to 4,888.28 points on Monday, March 31.
Leasing and financing specialist Waha Capital gained 1.90 per cent to reach AED2.71. Earlier in the day, Waha (which is Arabic for 'Oasis') revealed that it has completed the refinancing of its credit facilities with 13...
Dubai bourse ends with modest gains, negative market breadth
March 31, 2014--The Dubai Financial Market General Index (DFMGI) gained 0.30 per cent to close at 4,451 points on Monday, March 31.
Eleven shares advanced, while 18 declined. Emaar closed unchanged at AED9.95. Gulf General Investment was the top gainer (up by 1.92 per cent), followed by Dubai Financial Market (DFM) and Union Properties, which gained 1.90
Saudi market breadth turns into the red
March 27, 2014--The Tadawul All-Share Index closed 0.28 per cent lower at 9,423.08 points on Thursday, March 27.
While SABIC ended flat at SAR117.00, Dar Al Arkan Real Estate Development, which was the most liquid share, dived 2.76 per cent to SAR12.35. Saudi International Petrochemical Company (SIPCHEM) gained the most, finishing 5.19 per cent higher at SAR32.40.
Dubai Ports World and DEPA finish week even
March 27, 2014--The FTSE NASDAQ Dubai UAE 20 Index closed at 4,052.150 today, down by 0.24 per cent, from the previous close on Thursday, March 27.
At the NASDAQ Dubai, the shares of port operator Dubai Ports World and Depa Limited closed flat at $18 and $0.68, respectively.
Qatari shares rise across the board
March 27, 2014--The Qatar Exchange 20 Index closed 1.33 per cent higher at 11,482.34 points on Thursday, March 27.
While all sector indices ended in the green, retail market giant Al Meera lost 4.43 per cent, closing at QAR151. Earlier in the day, Al Meera said shareholders approved the distribution of an 80 per cent cash dividend..
Profit booking at Abu Dhabi bourse as Q1 approaches end
March 27, 2014--The Abu Dhabi Securities Exchange General Index (ADXGI) fell by 0.42 per cent to 4,832.78 points on Thursday, March 27.
The biggest developer in the UAE capital emirate Aldar Properties fell by 2.53 per cent to AED3.47. Market bellwether Etisalat dipped slightly to AED11.90.
SHUAA hits two-year high as Dubai developers dip
March 27, 2014-- The Dubai Financial Market General Index (DFMGI) finished flat at 4,383.83 points on Thursday, March 27.
Emaar Properties, Union Properties and Deyaar Development fell by 0.3 per cent, 0.91 per cent and 2.24 per cent, respectively. For the second consecutive day, SHUAA Capital rose by 14.4 per cent to hit AED1.43, representing a two-year high...
Rabigh Refining & Petrochem shuts down unit
March 26, 2014---The Tadawul All-Share Index gained 0.17 per cent to 9,449.92 points on Wednesday, March 26.
SABIC woke up from its muted trading in the last three days and closed 0.21 per cent to reach SAR117.00. Rabigh Refining and Petrochemical Company (Petro Rabigh) advanced 1.47 per cent to SAR27.60. Earlier in the day, the firm announced..
Batelco issues tender to repurchase notes at Dublin market
March 26, 2014--- The Bahrain All-Share Index slipped by 0.11 per cent to 1,354.95 on Wednesday, March 26.
Bahrain Telecom (Batelco) soared 3.13 per cent to BD0.33. Earlier in the day, Batelco said it sent a notice to the Irish Stock Exchange it was inviting holders of $650 million notes with a 4.25 per cent coupon due 2020...
