Equities on the Abu Dhabi Securities Exchange (ADX) recovered in a sharp rally yesterday that took the ADX general index up to 2673 points, a net gain of 3.89 per cent. The index added 100.10 points over its previous close of 2573.02, its biggest gai
Dubai’s share index rebounded for the first time in three days of trading, and Abu Dhabi shares posted their biggest gains since March, as investors shrugged off last week’s sell-off as overdone and analysts said the impact of Dubai’s debt problems
The Dubai and Abu Dhabi stock markets recovered on Sunday amid an apparent return of confidence, closing up more than one and almost four percent respectively, after heavy losses over Dubai’s debt woes. After a four-day break, Dubai’s DFM Index, whi
Abu Dhabi shares gained the most since March and Dubai’s index rose for the first time in three days on investor speculation last week’s drop was overdone and the impact of Dubai’s debt problems would be limited. Emirates Telecom Corp., the bigges
The Abu Dhabi Securities Market and Dubai Financial Market ended the shares trading Sunday up after losing last week following an announcement by Dubai that it intends to seek freeze on debt repayments. Abu Dhabi shares went up by 3.89 % in an
The Qatar Exchange pursued its upswing trend Sunday adding 23.87 points or 0.34% to 7,057.39 points from 7,033.52 Thursday. The volume of shares traded on Qatar Exchange fell to 7,182,649 from 9,064,485 on Thursday; the value of shares was down to
Kuwaiti shares closed the day in the green zone after a see-saw performance last week. The price index rose 34 points to 6,732.2, while the weighted index ended trading with a 7.51 point climb to 379.28. Nearly 234 million shares valued at KD 40.6
Abu Dhabi and Dubai stock markets opened stronger Sunday after heavy losses last week over Dubais debt woes, but the Dubai bourse remained volatile and had slipped back into the red by mid-morning. The Abu Dhabi Securities Exchange, which shed 11.6% of
Kuwaiti shares held on to a slight increase in midday trade on Sunday after opening strong. The Kuwait Stock Exchange (KSE) price index was only 6.8 points in the green zone at 11 am to 6,705. Some 171.2 million shares valued at 28.9 million chang
Dubai stock market slipped into the red by mid-morning after opening strongly, while Abu Dhabi stayed strong, moving up 4.4 per cent after massive declines last week caused by Dubais debt crisis. The Abu Dhabi Securities Exchange, which shed 11.6