The DFM index wavering above the break – even line achieved 56.31 points or 1.45 percent in a single session on Thursday 6th Feb 2014, closing at 3,931.44.
Transport sector made the biggest jump among all sector indices, marching higher by 2.71 percent. Investment & Financial Services and Real Estate sectors followed it with 1.7 percent each.
Advancers outnumbered the declining stocks with a margin of 18 to 10.
Emaar Properties outperformed amongst heavy weights, surging 4.66 percent. Air Arabia and Dubai Financial Market Company followed it with 4.48 percent and 4.23 percent respecively.
Ajman Bank outperformed amongst all the Dubai equities, zooming up by 9.75 percent.
Gulf Finance House led the chart of most active stocks by liquidating around 233 million shares, capturing 18.33 percent of the overall market volume.
National Industries Group led the chart of losers’, pairing 9.88 percent.
The CMA has issued its resolution approving the prospectus of Arabian Waterproofing Industries Company and the initial public offering of (8,189,994) shares representing (30%) of the Company’s share
A smart recovery was witnessed on the Muscat bourse after retail investors entered the market to purchase blue chip stocks.
Also, strong movement in telecom and banking stocks lifted the M
Times of Oman
The UAE markets continued to remain sluggish on Wednesday awaiting fresh triggers, but maintained their overall positive outlook.
Traded value dwindled to Dh162 million, down from an average
Shares on the Muscat bourse recovered on better support from local investors. The benchmark MSM30 Index increased and closed at 4,997.53 points on Tuesday, higher by 0.21 per cent. The MSM Sharia Ind
Times of Oman
Qatar’s stock index came slightly off a five-year low yesterday as local funds intensified their buying of those shares, snapping the 11-straight sessions of losses.r> Local investors have been net