The ADX General Index earlier slipped into the negative territory and ended Sunday's (16th June 2013) trading in the red at 3,630.37 points, down 31.02 points or 0.85 percent as compared to its previous day’s performance. Market Cap indices ended the
The DFM General Index inched down to drop 52.00 points or 2.17 percent during the first couple of hours trading on Sunday 16th June 2013. The index spending the entire session below the break even line reached at 2,347.58. The market breadth was
The ADX General Index slipped into the red territory during the first couple of hours trading on Sunday 16th June 2013. The index trimming 45.30 points or 1.24 percent reached at 3,616.09. Services, Real Estate, Consumer Staples and Investment &
Stock market trading violations increased last year as the federal regulator boosted enforcement efforts. The Securities and Commodities Authority (SCA) uncovered 311 violations, including those related to inspection and supervision of trading,
Bank of America Merrill Lynch raised its assessment of Qatar’s stock market to overweight from neutral, and cut the UAE to neutral from overweight, according to a BofA Merrill Lynch Global Research report seen yesterday. The investment bank cited
The DFM General Index earlier slipped into the red zone but suddenly changed its directon; crossing the break even line it reached at 2,399.58 points just before the closing bell on Thursday 13th June 2013.The index added 3.93 points or 0.16 percent.
The ADX General Index retreated to 3,661.39 on Thursday 13th June 2013, which was roughly where it started the day. Small Cap and Large Cap ended the session in green zone. ADX sectors indices performed in a mixed fashion. On the negative side, Bank
Stocks leapt yesterday after the UAE succeeded in a six-year effort to gain entry to the MSCI Emerging Market Index. The index provider upgraded the UAE and Qatar to "emerging" status early yesterday morning, in a move that HSBC expects will bring a
Stock analysts have welcomed the UAE stock market up-gradation to Emerging Market Status, which will boost the economy and overlooked shares. Share market gurus termed the upgrade as recognisation of the UAE’s eonomic might. Dr Mahdi Mattar, chief
Bulls lifted UAE stock markets to new levels on Wednesday after an upgrade to emerging market status by Morgan Stanley Capital International (MSCI). Abu Dhabi’s ADX index rose 2.7 per cent, the most since December 2009, while the Dubai Financial