Middle East ETF News Older than One Year
Abu Dhabi market consolidates above 5,000 points
April 9, 2014--The ADX General Index closed up by 1.23 per cent at 5,068.27 points on Wednesday, April 9.
The gauge has gained more than 72 per cent in the past 12 months. RAK Properties gained the most, ending 6.25 per cent higher at AED1.36 and Aldar Properties finished 2.06 per cent higher at AED3.96.
Source: AME Info
Saudi market opens lower and closes higher
April 8, 2014--The Tadawul All Share Index added 0.61 per cent to 9,565.28 points on Tuesday, April 8.
Bank Al Bilad rose by 3.37 per cent to SAR42.90 after the lender published its interim result for the first quarter. The lender generated a net income of SAR173.7 million...
Source: AME Info
Bahrain bourse extends record-long gaining streak
April 8, 2014--The Bahrain All Share Index rose for the third session straight, closing 0.65 per cent higher at 1,384.48 points on Tuesday, April 8.
Al Salam Bank Bahrain advanced by 1.90 per cent to BHD0.216. In a filing to the Manama market, Al Salam Bank said it entered an increase of its authorised share capital of...
Source: AME Info
Qatar market rally halted
April 8, 2014--Following a ten-session long gaining streak, the Qatar Exchange 20 Index slipped by 0.22 per cent to close at 12,189.69 points on Tuesday, April 8. Islamic
Holding dived by 9.37 per cent to QAR66.70.
Source: AME Info
Dubai market rises amid negative market breadth
April 8, 2014--The Dubai Financial Market (DFM) General Index closed 1.92 per cent higher at 4,743.40 points on Tuesday, April 8.
Arabtec was the most liquid share and finished at AED6.66 (up by 6.05 per cent). Eleven shares gained and 16 declined in value.
Source: AME Info
Banque Saudi Fransi starts 2014 with solid quarter earnings
April 7, 2014--The Tadawul All-Share Index fell by 0.25 per cent to 9,507.58 points on Monday, April 7.
SABIC, the market bellwether, edged down by 0.64 per cent to SAR117. Banque Saudi Fransi added 0.24 per cent to SAR41. Earlier in the day, the lender revealed that its net profit reached SAR856 million for Q1 2014...
Source: AME Info
Abu Dhabi, Dubai bourses agree on merger
April 7, 2014--Sheikh Ahmed bin Saeed Al-Maktoum, head of Dubai's supreme fiscal council has said that an agreement to merge the Dubai Financial Market and the Abu Dhabi Securities Exchange had been reached in principle,
but nothing had been finalized, Reuters has reported.
Source: AME Info
Resilient Dubai market corrects the correction
April 7, 2014--The Dubai Financial Market General Index (DFMGI) closed 1.13 per cent higher at 4,641.31 points on Monday, April 7.
Gulf General Investment Company (GGICO) surged by 9.22 per cent to AED2.25. Meanwhile, banks' overall performances were weak. Investment bank Shuaa Capital fell by 4.12 per cent to AED1.63.
Source: AME Info
Abu Dhabi market hits 5,000 points
April 7, 2014-The Abu Dhabi Securities Exchange General Index (ADXGI) closed 0.92 per cent higher at 5,012.25 points on Monday, April 7.
National Corporation for Tourism and Hotels gained the most, ending 15 per cent higher (limit up) at AED13.80.
Source: AME Info
Qatar market is up and away
April 7, 2014--Ahead of the earnings season for the first quarter, the Qatar Exchange 20 Index gained 0.98 per cent to close at 12,216.75 points on Monday, April 7.
Mazaya Qatar rose by ten per cent to QAR18.39. Islamic Holding was one of the top losers, ending down by eight per cent to QAR73.60. Retail giant Mannai...
Source: AME Info
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