Middle East ETF News Older than One Year
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.
Source: AME Info
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.
Source: AME Info
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..
Source: AME Info
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.
Source: AME Info
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...
Source: AME Info
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..
Source: AME Info
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...
Source: AME Info
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...
Source: AME Info
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...
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Source: AME Info
SHUAA Capital jumps to near limit-up
Emaar Properties gained 0.819 per cent to AED9.86. SHUAA Capital surged 14.68 per cent to AED1.25. The UAE's oldest investment bank, founded in 1979, was appointed sponsor by Emirates REIT for its upcoming...
Source: AME Info
March 26, 2014--The Dubai Financial Market General Index (DFMGI) finished a roller-coaster Wednesday 0.87 per cent higher at 4,383.20 points on Wednesday, March 26.
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