Emaar Properties on Tuesday recouped some of its previous day losses, a day after the extravagant opening of its flagship project Burj Khalifa, the worlds tallest tower, lifting Dubais index. Emaar climbed 1.7 per cent and accounted for more than half
Dubai shares rose for the second time this week, leading gains in Gulf markets, on signs the U.S. economy is recovering and as oil rose amid freezing weather in parts of the Northern hemisphere. Emaar Properties PJSC, the developer of the world’s
The price index of Kuwait Stock Exchange (KSE) started Tuesday trading with a drop of 12.4 points to come to 6,878.5 points by 9:11 a.m., while the weighted index also came to 376.04 points shedding 0. 39 points. Trades came to 408 deals by that time,
Kuwait stock slid sharply lower below the 7000 benchmark amid sell-offs in select blue chips on Monday. The index plunged 114.4 points erasing the modest rise in the previous session. Zain and National Bank of Kuwait paced the decline and some of the
The Dubai Financial Market (DFM) index fell 2.6 per cent on Monday on profit-booking ahead of the opening of the world's tallest building, the Burj Khalifa. The DFM index dropped to 1,817.13 after closing 3.44 per cent higher on Sunday, the first
Saudi Arabia’s Tadawul All Share Index (Tasi) on Saturday closed up slightly by 0.84 percent to 6,201.76 points. Saudi Basic Industries Corp (SABIC) hit a 14-month closing high after oil prices reached their highest level since late October, helpi
Dubai’s benchmark index declined the most in almost two weeks, led by Emaar Properties PJSC and Dubai Financial Market, on investor speculation that yesterday’s gains outpaced growth prospects in the debt-laden emirate. Emaar, the developer of the
Qatar’s bourse weakened yesterday mainly on foreign institutions’ profit-booking. The 20-stock benchmark shed 0.69% to 6,958.79 points, paced by Doha Bank and Industries Qatar. The market is up 0.03% year-to-date. Sector-wise, the indices of in
The Dubai Financial Market (DFM) closed down yesterday after investors and institutions engaged in heavy profit booking to cash in on the rally on Sunday, the first session of the New Year. Realty, finance/investment, telecom, utilities and tran
The Abu Dhabi Securities Exchange (ADX) witnessed another bleak session yesterday as trading volume came under pressure due to weaker sentiment. In the absence of any major buying interest from market players the general index fell marginally 14.25