GulfBase Live Support
09/09/2015 06:02 AST
UAE shares ended slightly higher yesterday, tracking emerging market stocks and a bounce in crude oil prices.
MSCI’s Emerging Market Index rose for the first time in three days yesterday, with investors viewing an interest rate rise by the US Federal Reserve this month as less likely.
Brent crude futures, meanwhile, posted their first gain in three days, rising by 84 cents a barrel to US$48.47.
The Dubai Financial Market General Index closed up by 0.4 per cent at 3,575.39, driven by gains in Emaar Properties as the Cityscape Global property exhibition got under way in Dubai.
The shares posted their first gains of the week, closing up 1.7 per cent at Dh6.40. Amlak Finance and Drake and Scull International were among the day’s biggest gainers, closing up 2.9 per cent and 1.9 per cent, respectively.
In the capital, the Abu Dhabi Securities Exchange General Index rose by 0.6 per cent to 4,414.49. It was the quietest day of trading in nearly three weeks, with just 68 million shares changing hands.
Etisalat accounted for the index’s gains of the day, the telco’s shares rising by 3.7 per cent to Dh13.75, their highest close since early August.
RAK Ceramics and Eshraq Properties rose 2.9 per cent and 1.5 per cent, respectively.
The National
ADX 4,608.97
23.76 (0.52
DFM 3,091.15
-2,870.62 (-48.15
Ticker | Price | Change |
---|---|---|
EMIRATESNBD | 10.65 | 0.05 (0.47 |
EIB | 9.50 | 0.00 (0.00 |
EMAAR | 5.61 | -0.03 (-0.54 |
EMAARMALLS | 2.16 | 0.00 (0.00 |
DIB | 5.30 | 0.00 (0.00 |
05/04/2018
Foreign investors bought $1.18 billion in Middle East and North African equities in March, especially Saudi ones amid the kingdom’s upgrade to emerging market status by FTSE Russell, according to a r
The National
05/04/2018
Buying activity in financials lifted the MSM30 Index to 4,794.61 points, up 0.41 per cent. The MSM Sharia Index closed at 676.52 points, down 0.08 per cent. Gulf Investment Services was the most acti
Times of Oman
05/04/2018
Traded value on the Dubai Financial Market tumbled on Wednesday as global stocks declined amid an intensifying US-China trade war. In Abu Dhabi, banking shares surged ahead of first quarter results s
Gulf News
04/04/2018
Driven by financial blue chips, the MSM30 Index continued its recovery to close at 4,775.27 points, a gain of 0.53 per cent. The MSM Sharia Index ended at 677.06 points, down 0.07 per cent. HSBC Bank
Times of Oman
04/04/2018
Emaar Properties shares extended losses for another session on Tuesday, to hit their lowest level in a year, as selling continued on the wider Dubai gauge. Emaar Properties fell to a low of Dh5.58, b
Gulf News