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GCC
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Transportation  -6.38 (-0.39%)
(19/Nov/2009) |
| Close |
1,663.19 |
| 52-week high |
1,792.21 |
| 52-week low |
1,296.72 |
| Volume |
22,041,476 |
| 50-day average volume |
55,703,592 |
| 1-month change |
-6.03 |
| 3-months change |
4.67 |
| 12-month change |
9.87 |
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Related News
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Mohammed Issues Decrees Reorganising State Firms
(Khaleej Times - 21/11/2009)
His Higness Shaikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, has issued several new decrees reorganising a number of government-run companies and appointing top officials to them.
He decre ...
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China steel price bottoms out but hard to keep rising
(steelguru - 21/11/2009)
It is reported that steel price started to bottom out and the market appeared getting active when it entered into November, where traders seemed steady but still felt a bit worry about the future movement, holding that this round of uptrend won’t last for ...
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Saudi Set for Asia Crude Benchmark
(Reuters - 21/11/2009)
Saudi Arabia is all but certain to adopt the Dubai Mercantile Exchange’s Oman crude oil futures contract as its benchmark one day, oil traders say. Now the main question is when, not if, it makes the switch.
The growing confidence that state e ...
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South Korea importers end HRC orders from China
(steelguru - 21/11/2009)
It is reported that South Korean importers have almost ended their HRC import orders from China with a price of USD 460 per tonne to USD 480 per tonne CFR for December shipments.
Industry insiders said that it is not workable to import any reso ...
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‘UAE may See Up to 3pc Growth’
(Khaleej Times - 21/11/2009)
The UAE will see economic growth of up to 3 per cent next year, the country’s economy minister said on Friday, reiterating that growth would be a more tepid 1.3 per cent this year.
Sultan bin Saeed Al Mansouri was speaking to reporters on the ...
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Chinese steel output in 2009 seen at 565 million tonnes up 13pct YoY
(Reuters - 21/11/2009)
Reuters cited Mr Luo Bingsheng vice chairman of the China Iron and Steel Association as saying that China is expected to produce 565 million tonnes of crude steel in 2009. That would represent 13% growth from last year output of about 500 million tonnes.
...
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Silver may go $30 in 2010 on investment demand
(CommodityOnline - 21/11/2009)
Silver prices are poised to rise to $30 over the next 12 months as large fluctuations in major currencies have pushed investors to purchase silver, silver futures and options and silver ETFs, according to a forecast by T&K Futures and Options Inc.
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Structure of Amlak-Tamweel Merger? to be Finalised
(Khaleej Times - 21/11/2009)
The structure of the merger of mortgage lenders Amlak and Tamweel will be finalised before the end of ?the year.
Shaikh Khalid bin Zayed Al Nahyan, chairman of Tamweel and the Bin Zayed Group, said an extraordinary assembly would be held to an ...
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Emaar India Unit Plans to Sell Shares: Alabbar
(Bloomberg - 21/11/2009)
Emaar Properties PJSC, the developer building the world’s tallest skyscraper in Dubai, plans an initial share offering in India “in a few weeks,” Chairman Mohammed Alabbar said.
“India has done extremely well for us, and that’s why we are goin ...
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Dropping Dollar Peg ‘Not for Us’: Al Suwaidi
(Reuters - 21/11/2009)
The United Arab Emirates has no plans to drop its peg from the US dollar, its Central Bank chief said on Friday, while the recent rise in the price of oil has pushed it above the bank’s internal forecasts.
Dropping the dollar peg “is not for ...
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