Dubai Financial Market (DFM) announced today that it has successfully launched the state of the art high-capacity trading system “X-Stream”, known to be one of the best trading systems in the world’s financial markets. The new fully integrated tra
Private shareholding companies should convert themselves into public companies, said the Abu Dhabi Securities Exchange (ADX). All public shareholding companies in the UAE are now listed on the countrys financial markets. "The ADX has listed Gulf
Qatar’s bourse fell 2.06% in the week ended Thursday, hammered mainly by banking and industrial stocks mainly. Local and foreign retail traders as well as foreign institutional investors booked profit as the 20-stock benchmark settled 150 points lower
Strong selling by foreign institutions yesterday saw the Qatar bourse plunge 2.33%, its largest single-day loss in about four months, to settle below the 7,200 mark. Paced by Industries Qatar (IQ) and certain large established banks, the 20-stock fel
UAE shares tumbled on Thursday, as disappointing earnings results at home, and a sell-off in global equities due to weak US housing data, triggered profit-taking. Both bourses were dragged down by real estate and banking companies. Dubai index mover
Kuwait stocks retreated on Wednesday, reversing the gains in the previous session as renewed bout of moderate sells offs dragged select stocks lower. The index was down 40.3 points at close, paring deeper losses earlier in the day amid negative
The price index of Kuwait Stock Exchange (KSE) was down 57.2 points on Thursday and stood at 7,377.7 points by 9:27:15 a.m., while the weighted index was at 424.11 after shedding 5.42 points. Up to this time, 34.9 million shares worth KD 7.3 mill
Dubai Financial Market PJSC, the only Gulf Arab stock market to sell shares to the public, posted a 67 percent decline in nine-month profit as the financial crisis affected trading volumes. Net income dropped 258 million dirhams ($70 million) from 781
Abu Dhabi shares declined the most in eight weeks, leading losses across the Gulf, as Aldar Properties reported a decline in profit and lower consumer confidence data from the US dampened investor sentiment. Aldar, Abu Dhabi’s biggest property
Dubai Financial Market Company (DFM) has recorded a net profit of Dh71.2 million for the third quarter ended September 30, 2009, registering a drop of 44.5 per cent against Dh128.3m for the second quarter this year. For the nine months ended on