The benchmark Abu Dhabi Stock Market (ADX Index) managed to reach at 4,721.72 on Thursday 6th Feb 2014, adding 33.49 points or 0.71 percent for the entire day.
Market Cap Indices ended the day in the safe area except the Med Cap.
Industrial sector appeared at top as key performing sector among sectoral indices, advancing 3.84 percent. Banks, Insurance and Consumer Staples sectors rose 1.34 percent, 0.76 percent and 0.72 percent respectively.
Union National Bank outperformed rest of its peers, advancing 4.68 percent. First Gulf Bank and Abu Dhabi National Energy Company followed it wih 2.71 percent and 2.12 percent respectively.
Arkan Building Materials Company and Al Khazna Insurance Company led the chart of major gainers’, each surging 14.66 percent.
Al Dar Properties led the chart of most active stocks by capturing 30.05 percent of the overall market volume. The company liquidated around 83 million shares.
Abu Dhabi National Hotels Company led the losers’ chart, pairing 10 percent.
Small industries get a boost from Sharakah
Sharakah’s total investment in Small and Medium Enterprises (SMEs) rose by OMR27,000 to OMR807,000, despite the challenges the economy is facing due to the financial crisis, the chairman of the board
Oman share index recovers partial
Shares on the Muscat bourse recovered partially on Wednesday. The MSM30 Index ended the session on a positive note at 5,553.52 points, up by 0.19 per cent. The MSM Sharia Index gained 0.30 per cent t
Greece, EU-IMF lenders agree on major issues
Greece has agreed with its lenders on key labour reforms, spending cuts and energy issues, moving closer to clinching a deal before a meeting of eurozone finance ministers on April 7, sources close t
The volume of shares traded decreased to 11,553,885 from 15,697,
Batelco AGM approves $110.3m dividend
The annual general meeting (AGM) of Batelco Group, the Bahrain-based telecommunications group with operations across 14 countries, today approved a full year cash dividend of BD41.6 million ($110.3 m