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Takaful Emarat shares jump: takeover speculation?
August 21, 2014--The Dubai Financial Market General Index closed 1.07 per cent higher at a one-month high of 4,907.55 points on Thursday, August 21.
Trading volumes increased by more than 50 per cent over yesterday, as more investors returned from their Eid/summer holidays.
Source: AME Info
Manama market gains the third day straight
August 21, 2014--The Bahrain All-Share Index closed 0.40 per cent higher to hit 1,422.80 points on Thursday, August 21.
Gulf Hotel Group surged by 3.45 per cent to close at BHD0.90.
Source: AME Info
Savola Group gains on ENBD comments
August 20, 2014--After two days of lackluster trading, the Saudi Tadawul market index TASI woke up from its lethargy and closed 0.53 per cent higher at 10,716.24 points on Wednesday, Aug. 20.
SABIC was up by 0.30 per cent, finishing at SAR128.75.
Source: AME Info
Qatari investors remain on the sidelines after MSCI EM re-adjustment
August 20, 2014--The Qatar Exchange (QE) 20 Index closed unchanged at 13,682.57 points on Wednesday, August 20.
Qatar National Bank (QNB), the biggest lender in the gas-rich country, fell by 1.42 per cent to QAR194.50.
Source: AME Info
Dubai market does one step back, and 1.5 forward
August 20, 2014--A last-minute swing lifted the Dubai stock market index DFMGI into the green, as the gauge closed 0.10 per cent higher at 4,855.73 points on Wednesday, August 20, amid thin trading volumes.
The construction giant Arabtec and the Dubai's two biggest developers, Emaar and Union Properties, closed unchanged.
Source: AME Info
DP World locked up in yo-yo trading
August 20, 2014--The FTSE NASDAQ Dubai UAE 20 Index closed unchanged at 4,456.310 points on Wednesday, Aug. 20.
Market bellwether DP World dived two per cent to close at $20.09. The third largest container port operator has been trading in a narrow range around $20 since mid-July 2014.
Source: AME Info
Lacklustre Abu Dhabi market ends even
August 20, 2014--Abu Dhabi Ship Building was the top gainer, ending up 10.14 per cent to AED3.04.
RAK Ceramics lost the most, finishing 2.44 per cent lower to AED1.20.
Source: AME Info
Saudi bourse glues at 6-year high as kingdom eases foreign access to mega projects
August 19, 2014--Like on Monday, the Tadawul All-Share Index edged up by 0.10 per cent, finishing to hit 10,569.56 points on Tuesday, August 19.
Earlier in the day, Saudi daily Arab News reported that Saudi Arabia, the biggest oil producer in world, has eased procedures for major international companies to participate in the country’s vital projects in infrastructure,
Source: AME Info
Beaten boys join Dubai market recovery, Emaar at 2.5-month high
August 19, 2014--The Dubai stock market index DFMGI gained for the second session straight on Tuesday, August 19, closing 0.55 per cent to hit 4,852.06 points.
Steadily approaching the 5,000 points, which the gauge has seen the last time on June 8, shares coming under pressure recently joined the mini-rally.
Source: AME Info
Banks, industrials surge in Doha despite MSCI reversal on Mesaieed
August 18, 2014--The Qatar Exchange (QE) Index closed 1.70 per cent higher at 13,644.64 points on Monday, August 18.
The QE Al Rayan Islamic Index rose likewise by 1.70 per cent to hit 4,707.59 points. Qatar Islamic Bank surged 4.10 per cent, finishing at QAR115.
Source: AME Info
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