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 Saudi stock market depicted a positive drive yesterday, marking another solid gain of nearly one percent. The Tadawul All-Share Index (TASI) continued its upward march for the third consecutive session, dug in at 7,300.34 points level and fin
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 QE Index continued pacing its way higher throughout the day to close Sunday’s (20th May 2013) trading in the green territory at 9,009.43, achieving 1.03 percent or 92.53 points for the session. Market Cap indices ended the day in the green area. QE
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
The QE Index added 77.93 points during the first couple of hours trading on Sunday 19th May 2013. The index adding 0.87 percent reached at 8,994.83. Transportation and Real Estate sectors showed a growth of 2.17 percent and 1.43 percent resp