The Abu Dhabi Securities Exchange (ADX) closed almost flat at 2696.05 points yesterday after it lost 3.02 points, or 0.11 per cent, amid pressure from heavyweight etisalat. The ADX index fluctuated up and down sharply in a very narrow range, as le
Real estate and construction stocks pushed the Dubai Financial Market (DFM) index higher for the second session yesterday despite pressures from the banking sector. The trend is choppy in the market and it is predicted to continue moving sideways
The Dubai Financial Market rose 0.57% today to close on 1,769. Real estate stocks led the way, as Arabtec rose 6.28% and Emaar climbed 2.08%. Among the big decliners on the day were Shuaa Capital and Emirates NBD, which lost 5.06% and 4.41%,
The Abu Dhabi Securities Exchange fell 0.11% today to close on 2,696, led by the industrial sector, which fell 4.58%. The Abu Dhabi National Insurance company was the days big gainer, up 9.50% to Dhs8.99. National Marine Dredging Co had the biggest
UAE stock markets offered a mixed bag on Thursday, while the DFM index in Dubai is up 1.70 per cent at 1,765.21, the Abu Dhabi Securities Exchange index is down marginally - 0.02 per cent to 2,693.40 at 11:15 A.M. In Dubai, shares worth Dh182.24 m
Dubai shares snapped a five-day losing streak on Thursday to cap a volatile trading week in positive territory, as investors set aside worries about Dubai’s debts and bought cheaper blue chip stocks. The most heavily-traded stock, Emaar Properties, th
Dubai stocks rose from the lowest level in two weeks on investor speculation that declines this month are overdone given growth prospects. Emaar Properties PJSC, the United Arab Emirates’ biggest construction company, climbed the most in more than a
UAE stock markets are down on Wednesday as profit taking by investors continues. At 1:05 pm, the Dubai Financial Market index is down 3.87 per cent to at 1,733.51, while the Abu Dhabi Securities Exchange index is down 1.70 per cent to 2,697.92. In
Dubai led declines on most Gulf exchanges yesterday as institutional investors stayed away from markets ahead of the last full trading day in Europe before the Christmas break. The Dubai Financial Market General Index fell to its lowest level in two
Dubai Financial Market (DFM), the first regional exchange to go public and the first global shariah compliant market, announced today the listing of Kuwait’s HITS Telecom Company. The company shares commenced trading on Wednesday, 23 December 2009,