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CBQ subsidiary Alternatifbank’s chief executive steps down
March 26, 2014--The Qatar Exchange 20 Index gained 0.19 per cent to close at 11,331.46 points on Wednesday, March 26.
Islamic Holding posted the biggest increase, ending up 10 per cent (limit up) at QAR71.60. Commercial Bank of Qatar (CBQ) slipped 0.82 per cent to QAR60.50. Earlier in the day, the second biggest lender in Qatar said...
TAQA shares hit nine-month low
March 26, 2014--The Abu Dhabi Securities Exchange General Index (ADXGI) advanced 0.39 per cent to 4,830.78 points on Wednesday, March 26.
Foodco hit a limit-up, closing 15 per cent higher at AED3.45. Abu Dhabi National Energy Company (TAQA) plummeted by another 6.35 per cent to AED1.18, the lowest level since June 2013. Earlier in the week...
Inflation fears do not worry Dubai market
March 25, 2014--The Dubai Financial Market General Index (DFMGI) regained 0.63 per cent to reach 4,345.49 points on Tuesday, March 25.
Emaar added a tiny 0.22 per cent to close at AED9.77. National General Insurance plummeted by ten per cent to AED5.41. Meanwhile, economists and bankers warn of rising inflation in the UAE.
Qatar Cinema shareholders approve 20 per cent cash dividend
Tuesday, March 25, 2014--The Qatar Exchange 20 Index added 0.45 per cent to close at 11,309.53 points on Monday, March 25.
Qatar Cinema and Film Distribution Company plummeted by 5.92 per cent to QAR41.35. Earlier in the day, the firm revealed that the ordinary general assembly approved the board of directors' remuneration, which is QAR917,280, and the distribution..
SABIC, Tadawul in spring-break mood
March 25, 2014--Lacklustre Tadawul market saw its main gauge, TASI, closing insignificantly higher at 9,433.21 points on Tuesday, March 25.
SABIC, the world’s biggest producer of petrochemical products and metals, closed flat at SAR116.75. Trading was muted, as many Saudi nationals spend their spring holidays abroad.
TAQA shares plummet in annual net loss
March 25, 2014--The Abu Dhabi Securities Exchange General Index (ADXGI) advanced 0.29 per cent to 4,816.71 points on Tuesday, March 25.
Market bellwether Etisalat gained slightly, closing at AED11.95. Abu Dhabi National Energy Company (TAQA) dived by ten per cent to AED1.26. Earlier in the day, TAQA revealed that it suffered a net loss of AED2.390 billion..
Kuwait market consolidates above 7,500 points
March 24, 2014--The KSE Market index added 11.6 per cent to reach 7,554.09 points on Monday, March 24.
Logistics giant Agility was one of the most liquid shares and closed 7.35 per cent higher at KD0.730. Only Al-Nawadi Holding gained more as the investment firm surged by 8.77 per cent to KD0.124. National Consumer Holding fell by […]
Saudi Electricity kicks off global sukuk roadshow
March 24, 2014--A lacklustre Tadawul market saw its main gauge, TASI, closing insignificantly higher at 9,429.21 points on Monday, March 24.
SABIC, the world's biggest producer of petrochemical products and metals, closed unchanged at SAR116.75. Shares of Saudi Electricity Company (SEC) slipped by 0.63 per cent to SAR15.80. SEC says it will conduct a series of meetings...
