Middle East ETF News Older than One Year
Al Tayyar Travel shares rise on extended co-op with flydubai
March 13, 2014--The Tadawul All Share Index closed 0.40 per cent higher to reach 9,386.08 points on Thursday, March 13.
SABIC shares rose by 0.65 per cent to reach SAR116.50. Al Tayyar Travel Group Holding Company ended up 0.60 per cent to SAR127.
Source: AME Info
Barwa shares jump with Qatari property boom
March 13, 2014--The Doha-based QE 20 Index slipped 0.05 per cent to end at 11,343.38 points on Thursday, March 13.
Barwa Real Estate closed ten per cent higher at QAR35.80. Earlier in the day, Barwa revealed that it earned, in 2013, a full-year net profit of QAR1.4 billion ($364m) versus QAR1.1bn ($286m) in 2012, ....
Source: AME Info
Etisalat, banks pull Abu Dhabi bourse higher
March 13, 2014--The Abu Dhabi Securities Exchange General Index (ADXGI) advanced by 2.23 per cent to close at 4,753.79 points on Thursday, March 13.
Market bellwether Etisalat, the most valuable firm in the UAE, closed 0.10 per cent higher at AED11.90.
Source: AME Info
Developers, construction lift Dubai market
March 13, 2014--The Dubai Financial Market General Index (DFMGI) gained 1.15 per cent to reach 3,980.79 points on Thursday, March 13, ending a roller-coaster trading week, with most advances happening in the real estate sector.
Union Properties was the most liquid share, closing 4.21 per cent higher at AED1.98.
Source: AME Info
Bahrain banks gain, while industrials weigh
March 13, 2014--The Bahrain All Share Index closed flat 1,374.80 points on Thursday, March 13.
Bahrain Islamic Bank surged by 3.45 per cent to reach BHD0.15. Islamic bank Al Salam edged up by 2.90 per cent, while industry heavyweight Aluminium Bahrain lost 1.21 per cent to end at BHD0.49. Gulf Finance House (GFH) closed even at $0.21.
Source: AME Info
Renaissance Capital says Iran could open for investment in 18 months
March 12, 2014--According to investment bank Renaissance Capital, an Iran freed of economic sanctions would prove the final frontier for global equity investors, Bloomberg has reported.
"The past 10 years have seen global investors reach into previously untapped markets, from local currency corporate bonds in emerging markets to equities in frontier markets," London-based chief economist, Charles Robertson,...
Source: AME Info
Advanced Petrochemical advances on MoU with SK Gas
March 12, 2014--The Tadawul All Share Index slipped 0.12 per cent to 9,351.11 points on Wednesday, March 12.
Advanced Petrochemical Company (APC) surged 1.40 per cent to close at SAR43.40.
Source: AME Info
Bahrain lenders fail to boost Manama market
March 12, 2014--The Bahrain All Share Index closed 0.92 per cent lower at 1,374.61 points on Wednesday, March 12.
Islamic bank Al Salam Bahrain dived by 5.45 per cent to BD0.208. Arab Banking Corporation gained as the sole share, finishing 1.82 percent higher at $0.56.
Qatar Exchange remains in the red
March 12, 2014--Shares listed on the market in Doha lost across the board, pulling the QE 20 Index down by 1.4 per cent to 11,349.17 points on Wednesday, March 12.
The shares of Qatari Investors gained against the trend.
Source: AME Info
Abu Dhabi market dives as gauge falls for the fifth session straight
March 12, 2014--The Abu Dhabi Securities Exchange General Index (ADXGI) plummeted by 2.77 per cent to close at 4,650.17 points on Wednesday, March 12.
Aldar Properties dived 4.82 per cent to AED2.96. Dana Gas lost 3.70 per cent, falling to AED0.78. United Arab Bank bucked the trend and gained 14.87 per cent, reaching AED8.49.
Source: AME Info
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