After five consecutive days of rising, the DFM General Index closed 0.96% lower at 1,468.82 points Monday. Traders booked small profits in Emaar Properties (off one percent at Dhs2.85), telecom operator Du (down 1.29% at Dhs3.05) and Sharjah-based low cost carrier Air Arabia (off two percent at Dhs0.584). Only four shares advanced, among them investment bank Shuaa Capital (up 0.30% at Dhs0.662). EFG Hermes said it expected "some sellers' action in the upcoming few sessions, however, the worse now becomes less likely." Meanwhile, European markets recovered after a small setback on doubts if Spain's EUR100bn bailout request would be enough. Some 77.5m shares were traded, valued at Dhs87.5m.
Gold price is still not stabilized in India like everywhere else. After going down, the g
Gold price opens lower in Hong Kong
The gold price in Hong Kong went down 180 HK dollars to open at 12,720 HK dollars per tael on Thursday, according to the Chinese Gold and Silver Exchange Society.
The price is equivalent
Market Cap Indices Turn Red at Qatar Exchange
The QE index spending almost the entire session below the break even line witnessed a bearish trend on Thursday 23rd May 2013. The index dropping 37.28 points or 0.41 percent reached at 9,048.62 leve
Small Cap and Large Cap Push ADX Index Lower
The ADX General Index sustained its downward march and finished the session with a decline of 1.23 percent on Thursday 23rd May 2013 . The index dropped 43.02 points, closing at 3,460.36.
WEF to focus on challenges
Leaders from the Middle East and North Africa in business, economics and politics will focus on the aftermath of the Arab Spring as they gather for the World Economic Forum in Jordan this weekend.