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
The Saudi stock market spending most of the session below the break even line trimmed 13.18 points or 0.18 percent to reach at 7,200.88 during the first hour of trading on Sunday 5th May 2013. The Index traded between a narrow range of 16.74 point
The QE Index continued pacing its way higher in the green zone during the first couple of hours trading on Sunday 05th May 2013. The index adding 41.59 points or 0.48 percent reached at 8,790.27. The market breadth was strongly positive with 24 net
The DFM General Index advanced to reach at 2,161.38 levels during the first couples of hours trading on Sunday 05th May 2013, adding 32.59 points or 1.53 percent. Services sector was the key advancer during this time span, showing a growth of 3.77