Middle East ETF News Older than One Year


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...

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Source: AME Info


Khaleeji Commercial Bank leads Bahrain bourse advance

April 7, 2014--Posting its seventh gain in a row, the Bahrain All-Share Index closed 0.12 per cent higher at 1,375.55 points on Monday, April 7.

Market breadth, however, was negative, as three shares advanced, while six declined. Khaleeji Commercial Bank advanced by 3.77 per cent to reach BHD0.055. National Bank of Bahrain posted the biggest drop, finishing...

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Source: AME Info


S&P affirms Qatar's ratings

April 6, 2014--Standard and Poor's (S&P) has affirmed its long and short term foreign and local currency sovereign credit ratings on Qatar at 'AA/A-1+' with a "Stable" outlook, Gulf Times has reported.

The country's strong net external and fiscal asset positions balance the concentration risk related to the economy's reliance on the oil and gas sector, S&P..

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Source: AME Info


Ma'aden gets $2 billion financing for SABIC phosphate joint venture

April 3, 2014--The Tadawul All Share Index advanced by 0.22 per cent to 9,558.46 points on Thursday, April 3.

SABIC fell by 0.21 per cent to SAR118. Saudi Arabian Mining Company (Ma'aden) fell by 0.54 per cent to SAR36.5. Today,

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Source: AME Info


Abu Dhabi market makes detour ahead of 5,000 points

April 3, 2014--The Abu Dhabi Securities Exchange General Index (ADXGI) fell by 0.64 per cent to 4,923.47 points on Thursday, April 3, despite positive market breadth.

United Arab Bank and Bank of Umm Al-Qaiwain fell by 8.75 per cent and 7.05 per cent, respectively.

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Source: AME Info


Banks and Batelco pull Bahrain exchange higher

April 3, 2014--The Manama bourse continued to advance on Thursday, April 3.

The Bahrain All-Share Index gained 0.24 per cent to reach 1,367,83 points. NASS Corporation was the top gainer, ending up by 4.20 per cent at BHD0.174. Bahrain Telecom (Batelco) advanced 0.61 per cent, reaching BHD0.332

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Source: AME Info


Qatar Islamic Bank gains on Zain co-financing

April 3, 2014--The Qatar Exchange 20 Index advanced by 0.37 per cent to 11,983.87 points on Thursday, April 3.

Qatar Islamic Bank (QIB) gained 0.94 per cent, reaching QAR75.50. Earlier in the day, QIB said it participated in a $250 million Murabaha syndicated Finance to Zain.

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Source: AME Info


Citigroup report boosts Dubai market

April 3, 2014-The Dubai bourse finished the week with the fifth gaining session in a row, as the Dubai Financial Market General Index (DMFGI) closed 0.92 per

cent higher at 4,618.28 points on Thursday, April 3.

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Source: AME Info


SABIC keeps lacklustre Saudi bourse afloat

April 2, 2014--The Tadawul All-Share Index closed 0.29 per cent higher at 9,537.83 points on Wednesday, April 2, amid moderate trading turnover.

SABIC advanced 0.21 per cent to SAR118.25. Saudi Kayan Petrochemical Company advanced 0.90 per cent to SAR16.90. National Industrialization Company recorded the biggest drop, ending down by 4.42 per cent to reach SAR32.40.

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Source: AME Info


Kuwait bourse closes slightly higher

April 2, 2014--The KSE market index advanced by 0.16 per cent, closing at 7,570.52 points on Wednesday, April 2.

Al-Nawadi Holding jumped by 8.77 per cent to KWD0.124. National Bank of Kuwait, the biggest lender in the northern Gulf state, closed unchanged at KWD1. Gulf Franchising Holding dived by 9.3 per cent to KWD0.078.

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Source: AME Info


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