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.
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.
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.
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
Arabtec in the focus at Dubai market amid top level reshuffle
Emaar slipped by 0.50 per cent to AED10.05. Arabtec Holding jumped by two per cent to AED6.14. Earlier in the day, Arabtec said it appointed Dr Nabil Ailabouni as CEO...
Source: AME Info
Abu Dhabi Ship Building gains as its annual net profit soars
Abu Dhabi Ship Building (ADSB) gained 1.30 per cent to AED3.93. Earlier in the day, ADSB said its consolidated net profit in 2013 reached AED51 million ($13.9m), up from AED29m ($7.91m). Dana Gas was the most liquid gaining...
Source: AME Info
Qatar market shrugs off diplomatic skirmish with the UAE and Saudi Arabia
The market's bellwether Industries Qatar lost 1.17 per cent to QAR186.30. Qatar Oman jumped by 7.35 per cent to QAR13. Qatar Investors Group dived 2.12 per cent to QAR55.50.
Source: AME Info
National Bank of Fujairah gets investment grade rating
Invest AD, a market outlook published earlier today by Abu Dhabi Investment Company, states: "A number of GCC companies are showing solid underlying growth, and a burst of new projects and investments announced in...
Source: AME Info
Qatar market flirts with 12,000 points ahead of Q1 earnings season
Gulf Warehousing Co gained the most, finishing 10 per cent (limit up) higher at QAR46.65. Al Ahli Bank recorded the biggest drop, finishing 2.16 per cent lower at QAR49.90. Qatar Islamic Bank (QIB) added 1.90 per cent to QAR74.90.
Source: AME Info
Arab Banking Corporation tops Bahrain market
Arab Banking Corporation (ABC) closed up by four per cent at BHD0.20. Bahrain Telecom was the biggest loser, ending down by 2.37 per cent at BHD0.33.
Source: AME Info
April 2, 2014--The Dubai Financial Market General Index (DFMGI) gained for the fourth consecutive session closing 1.23 per cent higher at 4,576.31 points on Wednesday, April 2.
April 2, 2014--The Abu Dhabi Securities Exchange General Index (ADXGI) closed flat at 4,955.12 points on Wednesday, April 2.
April 2, 2014--The Qatar Exchange 20 Index advanced by 0.29 per cent to 11,939.95 points on Wednesday, April 2.
April 1, 2014--The Abu Dhabi Securities Exchange General Index (ADXGI) gained 1.22 per cent to close at 4,954.22 points on Tuesday, April 1.
April 1, 2014--The Qatar Exchange 20 Index jumped 2.29 per cent to 11,905.94 points on Tuesday, April 1.
April 1, 2014--The Bahrain All-Share Index gained for the third day straight, ending 0.24 per cent higher at 1,356.91 points on Tuesday, April 1.
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