Kuwait Stock Exchange gains on real estate-, investment firms
(AME Info
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30/04/2012)
The KSE Market Index ended a two-day siedways trends, advancing half a percentage point to reach 6,368.6 Monday. While banks overall underperformed, developers and investment companies edged higher. Al Dar National Real Estate Company posted the highest
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MSCI Reintroduces Coverage of Saudi Arabian Stock Market
(Bloomberg
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30/04/2012)
MSCI Inc. (MSCI) will reintroduce coverage of Saudi Arabia’s stock market in standalone country indexes after signing a deal with the biggest Arab bourse, stoking bets the nation may get emerging-market status. MSCI said it would reintroduce the MSCI
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Qatar Exchange Up 0.18%
(QNA
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30/04/2012)
The Qatar Exchange was pursued its upswing trend Monday adding 15.81points or 0.18 % to 8,703.64 points from the previous closing of 8,687.83 . The volume of shares traded was down to 23,127,008 from 12,642,662 Sunday and the value of shares decreased to
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Positive corporate results fail to stop sluggish trading at DFM
(AME Info
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30/04/2012)
The paradox situation of a fickle market despite good news from earnings season continued at the Dubai bourse DFM on Monday. The DFM General Index ended down 0.52% at 1,630.95. Shares of Dubai Islamic Bank or DIB fel one percent to close at Dhs1.97. On
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Taqa, developers weigh on Abu Dhabi bourse
(AME Info
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30/04/2012)
The Abu Dhabi bourse's market measure ADX General Index closed off 0.33% Monday, at 2,503.82 points. Abu Dhabi National Energy Company or Taqa plummeted 3.20% to Dhs1.25. The emirate's second developer Sorouh Real Estate fell 1.74% to Dhs1.13. On Sunday,
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UAE stockbroker certification brings 'credibility' to markets
(The National
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30/04/2012)
Fifty stockbrokers have become the first in the country to pass an internationally recognised professional qualification, the securities regulator said yesterday. The brokers, including analysts and trading managers, completed all three levels of the
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Arabtec weighs on Dubai's DFM
(The National
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30/04/2012)
Arabtec Holding weighed down Dubai's stock market yesterday as investors sold shares amid valuations that analysts said were unjustifiably high. Arabtec, the builder behind the Burj Khalifa, the world's tallest building, fell 4.7 per cent to Dh3.43. The
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KSE ends day trading in red
(KUNA
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30/04/2012)
Trading ended at Kuwait Stock Exchange (KES) Sunday on a mixed board, though main indices were red. The price index dropped 0.5 points to reach 6,336.5 points, while the weighted index came to 416.03 points a drop of 1.84 points. Trades came to 5,874
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ADX rises as Aldar profits jumps over deliveries
(Bloomberg
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30/04/2012)
Abu Dhabi’s benchmark stock index advanced for the fourth time in five days after profit at the emirate’s largest real estate developers rose on higher home deliveries in the UAE capital. Aldar Properties gained the most in more than six weeks after the
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Developers in UAE rally on Q1; Saudi row weighs on Egypt
(Gulf Times
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30/04/2012)
UAE property stocks rose yesterday after three developers posted higher earnings but the country’s bourses ended mixed, while Egypt’s benchmark slipped after Saudi Arabia recalled its ambassador from Cairo. In Abu Dhabi, Aldar Properties climbed 4.4% to
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Telecom, realty, industrial stocks extend gains on QE
(Gulf Times
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30/04/2012)
Telecom, realty and industrials stocks yesterday witnessed strong buying interest, thus lifting the Qatar Exchange for the second day. Local retail investors were seen imparting bullish momentum as the QE Index (based on price data) rose 0.30% to
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Tadawul index and turnover dip
(Arab News
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30/04/2012)
The Saudi stock market was in the red yesterday as the Tadawul All-Share Index (TASI) dipped 51.82 points or 0.68 percent to 7,555.77, but the index trimmed its year-to-date gains to 17.73 percent. All market cap indices traded in the red zone. All Saudi
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Bahrain Bourse adds 0.28% in lackluster trading
(AME Info
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29/04/2012)
The Bahrain All-Share Index ended 0.28% higher at 1,148.50 points. Islamic financial institution Ithmaar Bank jumped 9.68%, closing at $0.17. Its rival Al Salam Bank soared 2.08%, finishing at BD0.049. No share declined at the Manama-based market, which
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Qatar Exchange Up 0.30%
(QNA
-
29/04/2012)
The Qatar Exchange was pursued its upswing trend Sunday adding 26.37 points or 0.30% to 8,687.83 points from the previous closing of 8,661.46 . The volume of shares traded was down to 12,642,662 from 19,921,669 Thursday and the value of shares decreased
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Abu Dhabi Shares Advance as Profit at Developers Rises
(Bloomberg
-
29/04/2012)
Abu Dhabi’s benchmark stock index advanced for the fourth time in five days after profit at the emirate’s largest real estate developers rose on higher home deliveries in the United Arab Emirates capital. Aldar Properties PJSC (ALDAR) gained the most in
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A 152% jump in first quarter profits boost Aldar Properties shares
(AME Info
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29/04/2012)
The Abu Dhabi Securities Exchange (ADX) General Index ended 0.17% higher at 2,512.17 points Sunday. Real estate bellwether Aldar Properties advanced 4.42% to hit Dhs1.15. On Saturday Aldar, which has been bailed by the Abu Dhabi government in 2011 with
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Emaar gains on strong first quarter
(AME Info
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29/04/2012)
The Dubai bourse's DFM General Index slipped 0.75% to close at 1,639.44 points Sunday. Arabtec as the most liquid share dived 4.72% to Dhs3.43. The UAE's largest developer Emaar Properties gained against the trend 0.31% to hit Dhs3.26. Earlier in the
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KSE advances 1.16% at close of week, trading volume spikes 22.32%
(Al Watan
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29/04/2012)
Kuwait Stock Exchange (KSE) ended last week in the green zone. The price index ended last week with an increase amounted to 1.16 percent, while the weighted index advanced by 0.25 percent compared to the closings of the week before. Furthermore, last
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TASI to increase 7% by end-2012
(Saudi Gazette
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29/04/2012)
The Saudi stock benchmark Tadawul All Share Index (TASI) will end 2012 at 8,050 points, 7 percent above the current level, Jadwa Investment said in its report on the Saudi stock market. Based on its sectoral earnings forecasts and expectations for the
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QNB Weekly Market Report
(Gulf Times
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29/04/2012)
The Qatar Exchange (QE) Index appreciated by 22.54 points, or 0.26%, during the week, to close at 8,661.46 points. Market capitalization rose by 0.70% to reach QR461.7 billion as compared to QR458.5 billion at the end of the previous week. Out of the 42
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Tadawul continues its upward march
(Arab News
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29/04/2012)
The Tadawul All-Share Index (TASI) extended 0.88 percent gain further on the first trading day of the week. The index touched intra-day high of 7,617.11 earlier yesterday, spent most of the session in the south and closed green at 7,607.59, achieving
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Saudi Shares Advance Most in Week on Fed Outlook; Sabic Gains
(Bloomberg
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28/04/2012)
Saudi Arabian shares gained the most in a week, led by petrochemical companies and banks, after U.S. Federal Reserve Chairman Ben S. Bernanke said he is prepared to do more to stimulate U.S. growth. Saudi Basic Industries Corp. (SABIC), the world’s
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Micro and mid cap stocks favoured as index ends up
(Gulf Times
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28/04/2012)
Strong buying in telecom, industrial and consumer goods segments drove Qatar Exchange higher and saw market capitalisation gain more than QR3bn in the week. Micro and small cap stocks were among the favourites as the QE Index (based on price data) and
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Dubai's DFM down on earnings data
(The National
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27/04/2012)
Dubai's stock market inched lower yesterday in the absence of strong catalysts and as negative sentiment triggered by disappointing earnings encouraged investors to close their positions ahead of the weekend. "Corporate earnings that have been released
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UAE stocks lose momentum in Abu Dhabi and Dubai
(The National
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27/04/2012)
Local markets were lack-lustre on the last trading day of the week, as investors pulled out of stocks in the absence of strong catalysts. Emaar Properties, the region's biggest developer, lost 0.9 per cent to Dh3.25 a piece on Thursday. Tamweel, a
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