Middle East ETF News Older than One Year
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...
Source: AME INfo
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.
Source: AME Info
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..
Source: AME Info
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.
Source: AME Info
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..
Source: AME Info
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