Middle East ETF News Older than One Year
Profits of listed companies on the Palestine Exchange grew 6% in 2016
April 10, 2017--The annual results disclosure period ended on the Palestine Exchange (PEX), 92% of listed companies were able to disclose within the set deadline, 82% were profitable in 2016.
Source: Palestine Exchange (PEX)
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.
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.
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.
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.
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
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.
Source: Zawya.com
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