Middle East ETF News Older than One Year
Saudi market rally loses steam
August 28, 2014--The Riyadh-based Saudi Stock Exchange finished one of the last trading days in August with a day gain of 0.11 per cent, to hit 11,042.03 points on Thursday, August 28, despite negative market breadth.
Seventy shares advanced, while 79 declined.
Source: AME Info
Aluminium Bahrain consolidates at 18-month high
August 28, 2014--In Manama, the Bahrain All-Share Index closed 0.11 per cent higher at 1,475.68 points on Thursday, August 28.
Aluminium Bahrain surged by 1.41 per cent, finishing at BHD0.505.
Source: AME Info
DP World drags down NASDAQ Dubai market index
August 28, 2014--The FTSE NASDAQ Dubai UAE 20 Index closed 2.12 per cent lower at 4,421.35 points.
Emirates REIT posted the biggest advance, finishing 1.33 per cent higher at $1.449. DP World plummeted 3.54 per cent to hit $18.78.
Source: AME Info
Investors unimpressed by ex-Arabtec CEO's price demand
August 28, 2014--The Dubai Financial Market General Index fell by 1.16 per cent to close at 4,928.22 points on Thursday, August 28.
Profit takings are a usual occurrence at the end of the month, as fund managers are eager to embellish their monthly results ('performance cosmetics').
Source: AME Info
Etisalat shares buck sluggish market trend
August 28, 2014--The Abu Dhabi equity market index ADXGI ended trading 0.62 per cent lower at 5,097.24 points on Thursday, August 28.
Emirates Telecommunications Corporation, better known as Etisalat and the most valuable Emirati firm, added 0.10 per cent, finishing at AED11.60.
Source: AME Info
Saudi exchange gets comfy above 11,000 points
August 27, 2014--The Dubai Financial Market General Index advanced by 0.23 per cent on Wednesday, August 27, despite negative advance-decline ratio of nine to 19.
The gauge closed at 4,986.13 points. Emaar left the session with a day loss of 0.50 per cent to close at AED10.40.
Source: AME Info
Doha Insurance outlook stable: A. M. Best Ratings
August 27, 2014--In Doha, the Qatar Exchange 20 Index declined by 0.25 per cent to 13,871.21 points on Wednesday, August 27.
Doha Insurance lost 0.16 per cent to QAR30.95.
Source: AME Info
Kuwait market unimpressed by U. S. rally
August 27, 2014--Despite bullish input by the American market (the S&P 500 index closed on Tuesday for the first time above 2,000 points),
the KSE Market Index ended insignificantly higher at 7,396.20 points on Wednesday, August 27.
Source: AME Info
Abu Dhabi real estate boom lifts Aldar to 10-week high
August 27, 2014--The Abu Dhabi market index ADXGI closed 0.26 per cent higher at 5,128.82 points on Wednesday, August 27.
Like in Dubai, the market breadth was slightly bearish as 13 stocks gained, while 16 declined in value.
Source: AME Info
Gulf Finance House adds on KFH deal
August 27, 2014--The Dubai Financial Market General Index advanced by 0.23 per cent on Wednesday, August 27, despite negative advance-decline ratio of nine to 19.
The gauge closed at 4,986.13 points. Emaar left the session with a day loss of 0.50 per cent to close at AED10.40.
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Source: AME Info
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