Middle East ETF News Older than One Year


Good news: GCC stocks riding high this month

April 10, 2017--Abu Dhabi and Dubai were the best performing stocks in the MENA region with an increase of 3.9 per cent and 2.5 per cent.

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Source: AMEInfo.com


Dubai index stages smart recovery in last hour of trade

March 30, 2017-Dubai index on Thursday staged a smart recovery in last hour of trade even as volumes jumped by more than a half.

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Source: Zawya.com


Israel's Delek Group Seeks Further International Expansion After Profit Jump

March 30, 2017--Delek Group, the largest player in Israel's emerging energy industry, reported positive earnings today reflecting progress for the overall energy sector in Israel.

Israeli Energy stocks comprise roughly 4% of the BueStar Israel Global Index, tracked by the NYSE-listed ISRA ETF as well as funds offered by Psagot and IBI in Israel.

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Source: Zawya.com


UAE indices in tight range as volumes tumble

March 23, 2017--UAE indices traded sideways yesterday with lack of volumes as traders awaited the first quarter results from early April.
The Dubai Financial Market General Index closed 0.38 per cent lower at 3,461.43.

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Source: Zawya.com


Oil nears $50, dents sentiment in Gulf

March 22, 2017--Dubai's index fell 1.0 per cent
Abu Dhabi's index, which was the top performer on Tuesday, retreated 1.1 per cent
In Qatar, the index fell 0.8 per cent as some of the previous day's chief gainers retreated

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Source: AMEInfo.com


Egypt leads Middle East higher while GCC equities underperform

March 16, 2017--Middle Eastern stock markets rose on Thursday, led by Egypt, after the U.S. Federal Reserve hiked interest rates as expected but signalled no acceleration in the pace of monetary tightening.

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Source: Zawya.com


UAE stock markets gain $1.71bln in weekend trading

March 16, 2017--The UAE financial markets closed with a profitability in weekend trading with heavy stocks, which strengthened their gains for the second straight session, amid continued buying by some corporations.

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Source: Zawya.com


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