The ADX General Index sustained its downward march and finished the session with a decline of 1.23 percent on Thursday 23rd May 2013 . The index dropped 43.02 points, closing at 3,460.36. Market cap indices ended the session in red zone with Small Cap
Senaat, the industrial conglomerate, is among a group of UAE companies considering an initial public offering. The group has been in talks with banks to prepare for a possible share sale as life returns to the UAE's equity markets. But such a move w
Most Gulf markets fell on Thursday as a sell-off on international bourses spurred regional investors to cash in gains from an early-year rally. Dubai’s benchmark slipped 0.8 per cent, down for a third day in four since Sunday’s 42-month high. In Eg
The DFM General Index inched up to reach at 2,323.34 points on Wednesday 22nd May 2013.The index spending most of the session in the green zone added 3.99 points or 0.17 percent. Market Cap indices ended the session in the upward territory except la
The ADX General Index spending most of the session below the break – even line closed in the red at 3,503.38 points on Wednesday 22nd May 2013. The index trimmed 6.26 points or 0.18 percent for the entire day. Only Large Cap ended the day in the red
The DFM General Index advanced to reach at 2,338.18 levels during the first couple of hours trading on Wednesday 22nd May 2013, adding 18.83 points or 0.81 percent. Services sector outperformed during this time span, showing a growth of 4.17 perc
The ADX General Index turned slightly green during the early trade on Wednesday 22nd May 2013. The index hovering between north and south reached at 3,512.82 leves, up 0.09 percent or 3.18 points. Investment & Financial Services sectors sector was the
Dubai shares declined the most in more than a month on investor bets gains this year are overdone and as stocks in Europe and Asia retreated from a five-year high. Abu Dhabi’s gauge also decreased. Emaar Properties, the developer of the world’s ta
Stricter regulatory scrutiny of companies with plans to list and a lack of liquidity in certain markets are the key factors responsible for the low volume of IPOs in the GCC in the last 12 months, experts said. Other issues hitting the IPO issua
The DFM General Index sustained its downward march during the first couple of hours trading on Tuesday 21st May April 2013. The index spending almost the entire session below the break even line trimmed 15.37 points or 0.66 percent to reach at 2