The DFM General Index added 0.06% Thursday, closing at 1,471.49 points amid higher higher trading volumes than yesterday. In line with the gauge, Emaar Properties closed unchanged at Dhs2.91. Shuaa Capital gained the most (up 6.76% at Dhs0.695. Earlier
The Qatar Exchange was pursued its upswing trend Thursday down 56.22 points or 0.66 % to 8,473.05 points from the previous closing of 8,473.05 . The volume of shares traded was down to 4,710,168 from 10,182,603 Wednesday and the value of shares decreased
The ADX index fell 0.36% to 2,441.03 points Thursday, as market bellwether Etisalat (off 0.23%), Dana Gas (down 2.50%) and Sorouh Real Estate (one percent lower) weighed on the gauge. National Marine Dradging Co. closed as a top gainer, closing 9.90%
Most Gulf markets extended declines Wednesday as renewed fears emerged on euro zone debt. Saudi Arabia’s market closed on sharp declines after the index broke a key technical support, with most sectors closing lower. The Kingdom’s stock benchmark Tadawul
Oman's stock market outperformed regional bourses yesterday after the completion of a share sale in the country’s first Islamic bank revived investor appetite for the nation’s equities. The Muscat Securities Market 30 Index rose 0.57 per cent to
Three main indices of the national bourse were green upon closing Wednesday's session. Price index gained 33.8 points rising to the level of 6,241.42 points, weighted index gained 1.99 points climbing to 408.48 and the KSX index put on 3.14 points
The Qatar Exchange largely remained flat yesterday despite some buying interests in the realty stocks. Although local retail investors exerted some buying pressure, the QE Index (based on price data) fell by a marginal 0.02% to 8,473.05 points. The
Dubai’s benchmark stock index fell to the lowest level in 10 days as oil prices declined and investor concern that Europe’s debt crisis may worsen curbed appetite for riskier assets. Shuaa Capital PSC plunged to the lowest level in more than three
The Tadawul All-Share Index (TASI) closed 0.82 percent lower at 6975.27 points yesterday. The index continued stepping downward on its last trading day of the week, traded below the break-even line throughout the session and shed 57.85 points further.
The Tadawul All-Share Index fell 0.82%. closing for the second time this week below 7,000, at 6,975.27 points. Oil prices (U. S. crude) fell to an 8-month low Wednesday, fluctuating below 89 U. S. dollar per barrel after Credit Default Swaps (CDS) on
The Qatar Exchange was pursued its upswing trend Wednesday down 1.78 points or 0.02 % to 8,473.05 points from the previous closing of 8,474.83. The volume of shares traded was down to 10,182,603 from 13,594,021 Tuesday and the value of shares decreased
The DFM General Index ended a roller coaster Wednesday trading session down 0.30% to close at 1,470.61 points. New worries about more bank defaults in Spain, where prices of Credit Default Swaps shot up, dragged global equity indexes down. For the second
The ADX General Index closed off 0.23% at 2,449.73 points, as market bellwether Etisalat fell 0.11% to Dhs8.80. Dana Gas closed even at Dhs0.39. RAK Bank and National Bank of Abu Dhabi gained 0.96% and 0.12%, respectively.
The following is a report prepared by Kuwait Projects Company (KIPCO) Asset Management Company (KAMCO) Research that analyzes the performance of Saudi Tadawul during April 2012 in addition to assessing the latest key economic and market developments and
Investors were buying more shares in Tabreed, the Middle East’s biggest district cooling company, yesterday, amid rising temperatures and with the expectation that the company’s business will grow as the summer season gets under way. Tabreed’s shares
Kuwait's market falls for a 10th consecutive session, giving back early-session gains as political instability weigh. The index slipped 0.1 percent or 8.42 points to 6,207.62 points, its lowest close since April 16. The weighted index came to 406.49
The Qatar Exchange has asked listed companies to strengthen their investor relations to not only improve transparency and meet the growing needs of domestic and international investors but to boost the value of their stocks. “We want to see our listed
Most Gulf markets edged down yesterday with investors cutting risk as new worries emerged in Europe after Spain’s borrowing costs shot up, but low trading volumes limited losses. Saudi Arabia’s index lost 0.3%, erasing early-session gains, to end at
The Qatar Exchange weakened yesterday, after two days of bull-run, mainly dragged down by realty and telecom stocks. Local retail investors had lesser penchant for buying as the QE Index (based on price data) fell 0.40% to 8,474.83 points. The market is,
Saudi Stocks have been fluctuating within narrow range yesterday, as Tadawul All-Share Index (TASI) while reflecting a sideways walk for most of the session, ended red at 7033.11 points. The index pared only 23.57 points or 0.33 percent for the entire
Saudi Arabian group Al-Tayyar Travel raised 1.37 billion riyals ($365.3 million) from its 30-per cent initial public offering which priced at the top of its price range, figures from the lead manager said. The offering was 6.1-times oversubscribed with
The Qatar Exchange was pursued its upswing trend Tuesday down 34.14 points or 0.40 % to 8,474.83points from the previous closing of 8,508.97. The volume of shares traded was down to 13,594,021from 16,121,107 Monday and the value of shares decreased to QR
The ADX General Index slipped 0.06% to close at 2,455.31 points as the leading real estate developers Aldar, Sorou and RAK Properties closed unchanged. Earlier in the day, Aldar announced that "HE Mubarak Saeed Al Dhaheri, the Undersecretary of the
Despite a recovery at Western markets, the DFM General Index declined 0.14% to close at 1,474.97 points Tuesday amid higer trading volumes than yesterday. According to EFG Hermes' Short Term Analysis on the UAE, "the DFMGI is moving tightly within our
Dubai shares declined on low volumes yesterday as the summer stock market lull started early with temperatures rising and investor interest waning. “The market is very quiet, no volatility, low volumes,” said Sebastien Henin, a portfolio manager at The