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
The ADX General Index hovering between north and south stepped down further to reach at 3,507.76 levels during the first couple of hours trading on Tuesday 21st May 2013. The index trimmed 15.58 points or 0.44 percent. Energy and Industrial sector
Abu Dhabi National Energy Company, also known as Taqa, is exploring the possibility of a dual listing on the London Stock Exchange as a potential option to improve the liquidity of its shares and open up to foreign investors. The move, complementing i
Aldar Properties and Sorouh Real Estate shares rose more than 14 per cent to touch their maximum price ceiling yesterday as volumes more than tripled amid investor speculation that shares post-merger will trade at a premium The trading bonanza helped t
The DFM General Index inched down to drop 0.21 percent during the first couple of hours trading on Monday 20th May 2013. The index wavering between north and south trimmed 4.88 points to reach at 2,347.33. The market breadth was negative with 12
The ADX General Index slipped into the red territory during the first couple of hours trading on Monday 20th May 2013. The index trimming 30.26 points or 0.85 percent reached at 3,533.94. The market breadth was negative with advance – decline ratio of
Dubai’s benchmark stock index rose to its highest close since October 2009, propelled by property and banking sectors to underscore the resounding resurgence in investor optimism. The DFM General Index advanced 2.5 per cent to 2,352.21 points on Su
The DFM General Index dug in at 2,352.21 points on Sunday 20th May 2013.The index spending almost the entire session in the green zone added 56.20 points or 2.45 percent. Market Cap indices ended the session in the upward territory. Sectoral indic
The ADX General Index earlier jumped up into the green territory; wavering in the same region it closed higher to 3,564.2 points on Sunday 19th May 2013, up 50.03 points or 1.42 percent from its previous close. Market cap indices ended the day in the