Heavyweight etisalat pulled the Abu Dhabi Securities Exchange (ADX) down yesterday even though leading active stocks in the real estate and banking sectors were bullish. The general index lost 27.08 points, or 0.96 per cent, and closed at 2,794.
The Dubai Financial Market (DFM) remained highly volatile yesterday as investors continued to be uncertain about the bourses likely future trend after aggressive movements over the past two weeks. The general index moved in a wide range of about 160
Stocks in the UAE fell yesterday, ending a three-day rally as analysts warned worries over Dubai’s debt position remain high on investors’ minds despite Monday’s $10bn bailout from Abu Dhabi. Most other Middle East benchmarks also declined, with t
Stocks in the United Arab Emirates fell yesterday, ending a three-day rally as analysts warned worries over Dubais debt position remain high on investors minds despite Mondays $10 billion bailout from Abu Dhabi. Most other Middle East benchmarks also
The Kuwait Stock Exchange (KSE) along with major indicators rose for the fourth consecutive session driven by positive news from both locally and the GCC. Global General Index (GGI) added 1.92 points (+1.92 percent) during yesterdays session to reac
Dubai shares retreated on Tuesday with investors cashing in on gains from Monday’s surge, as worries linger over Dubai’s debts despite the $10 billion support fund by Abu Dhabi. The main index of the Dubai Financial Market slipped by 1.5 per cent to
The Dubai Financial Market declined for the first time in four days today, falling 1.49% to 1,843. Several stocks that had large gains in yesterdays session posted big losses today, including Aramex, Air Arabia, and Drake & Scull, which fell 9.63%,
The Abu Dhabi Securities Exchange dipped 0.96% today to close on 2,794. All sectors ended lower save real estate and banking, as Aldar gained 6.50% to Dhs5.09 and Abu Dhabi Commercial Bank rose 6.47% to Dhs1.80. Abu Dhabi National Hotels had the days
Saudi Arabias Tadawul All Share Index (Tasi) fell 0.73% today to close on 6,109. All sectors ended lower on the day except for agriculture & food industries and insurance. Overall, 99 stocks fell while 21 ended higher.
UAE stocks slide, ending a three-day winning streak, with analysts saying worries over Dubai’s debt position remain high on investors minds, despite Monday’s $10 billion bailout from Abu Dhabi. “The market overreacted yesterday on the Dubai news, but