The DFM General Index following the typical falling trough peak combination dropped 1.14 percent during the first couple of hours trading on Monday 5th May 2013. The index trimmed 24.67 points to reach at 2,144.13. The market breadth was negative as
Abu Dhabi stocks hovered in small gains and losses during the first couple of hours trading on Monday 6th May 2013, as the ADX Index with a negative change of 1.36 points or 0.04 percent reached just below the break – even line at 3,305.39 levels.
The MSM30 Index ended on a positive note to close at 6175.65 points, up by 0.49 per cent. OIFC remained as the most active in terms of volume as well as turnover. Oman Cables was the top gainer for the day to close up by 8.93 per cent, while HSBC Om
Abu Dhabi Securities Exchange (ADX) took part in the The Fifth Annual Research Symposium in Business and Economics organized by the School of Business and Management of the American University of Sharjah. Mr. Rashed Al Baloushi, CEO of ADX, partook in a
Most Gulf markets rose as upbeat sentiment in local fundamentals encouraged renewed buying. UAE bourses rallied, with Dubai’s measure up 1.9 percent to end at a fresh 41-month high. The number of shares changing hands — at 547.9 million — is the h
Saudi stocks showed narrow fluctuations yesterday, as Tadawul index traded in the range of 23.2 points only. Saudi Arabia’s benchmark stock index continuing its sideways movement for most of the session ended red at 7,205.75 points, dropping 8.31 p
Dubai’s benchmark stock index rose to the highest level in more than three years as investors sought cheap valuations amid an economic recovery in the emirate. Dubai Islamic Bank, the UAE’s biggest Shariah-compliant lender, soared 3.1 per cent while
The QE Index earlier jumped into the green territory on Sunday 5th May 2013; spending almost the entire session in the same region it closed higher to 8,785.53, achieving 0.42 percent or 36.85 points for the session. All market cap indices ended the d
The ADX General Index initiated its journey with sideways movemeny and then jumped up into the green territory on Sunday 5th May 2013; spending most of the session in the same region it closed higher to 3,306.75 points, up 26.57 points or 0.81 per
The 4 listed companies at Qatar Exchange (QE) have disclosed their financial statements results for the three month period ended March 31, 2013 with the exception of Vodafone* , The combined net profit of all companies as of March 31, 2013 amounted to