Middle East ETF News Older than One Year


DFM lures London investors

April 29, 2014--The Dubai Financial Market General Index (DFMGI) added 0.28 per cent to close at 5,084.97 points on Tuesday, April 29, amid low trading turnover.

Emaar lost 1.36 per cent to reach AED10.85. DFM added 0.27 per cent to reach AED3.68. Earlier in the day, the only Arab market listed on an exchange revealed that an...

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Source: AME Info


Gulf International seals purchase of Gulf Drilling

April 29, 2014--The Qatar market index (QE 20) fell by 0.55 per cent to 12,626.95 points on Tuesday, April 29.

Developer Mazaya Qatar recorded the biggest advance, reaching QAR19.80. Ezdan Holding lost the most, finishing off 9.93 per cent lower at QAR36.75. Gulf International closed 0.22 per cent lower at QAR88.90.

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Source: AME Info


NASDAQ Dubai listed shares lacklustre

April 29, 2014-The shares of DP World lost 0.60 per cent to $18.60 on Tuesday, April 29. Interior design firm Depa Limited dipped 0.43 per cent to $0.70.

Islamic property investment firm Emirates REIT closed unchanged at $1.40.

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Source: AME Info


Methanol Chemicals Company dips on plant shutdown

April 28, 2014--The Saudi Arabian Tadawul All Share Index closed flat at 9,575.54 points on Monday, April 28 due to a lack of catalysts.

SABIC fell by 0.35 per cent at SAR114.50. Methanol Chemicals Company lost 0.76 per cent to SAR17. In a filing to the market, the firm said in relation to the successful resumption of...

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Source: AME Info


As Dubai temperatures rise, Tabreed earns more

April 28, 2014--The Dubai Financial Market General Index (DFMGI) fell by 0.82 per cent to close at 5,074.43 points on Monday, April 28.

While Emaar closed flat at AED11.00, its rivals Deyaar Development and Union Properties declined by 1.18 per cent and 2.31 per cent, respectively. District cooling provider National Central Cooling Company, also known as Tabreed...

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Source: AME Info


National Bank of Abu Dhabi outperforms rival during first quarter

April 28, 2014--The Abu Dhabi market index (ADXGI) fell by 1.2 per cent to reach 5,090.41 points on Monday, April 28.

Green Crescent Insurance Company recorded the biggest surge, closing 7.96 per cent higher at AED1.22. Aldar Properties, the first developer in the emirate, declined by 2.12 per cent to reach AED4.16.

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Source: AME Info


Bahrain market edged up by 0.44 per cent

April 28, 2014--The Bahrain All Share Index closed at 1,425.25 points on Monday, April 28.

Seef Properties surged by 3.17 per cent to BHD0.195. Khaleeji Commercial Bank declined by 1.80 per cent to reach BHD0.055. Salam Bank ended even at BHD0.23.

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Source: AME Info


Tadawul market rebounds, Makkah Construction soars

April 24, 2014--In contrast to markets in the UAE, the Riyadh bourse regained territory. The Saudi Arabian Tadawul All Share Index gained 0.11 per cent to reach 9,556.64 points on Thursday, April 24.

SABIC closed flat at SAR115. The shares of Makkah Construction and Development Company surged by two percent to SAR85.75.

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Soure: AME Info


Abu Dhabi blue chips weigh down market index

April 24, 2014--The Abu Dhabi market index (ADXGI) declined by 0.78 per cent to reach 5,178.20 points on Thursday, April 24.

Abu Dhabi National Company for Building Materials gained the most, closing 4.35 per cent higher at AED1.20. International Fish Farm Holding (Asmak) fell the most, finishing off 9.90 per cent lower at AED7.20. Aldar Properties dived...

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Source: AME Info


Masraf Al Rayan shares dip, amid slightly higher Q1 profit

April 24, 2014--The Qatar Exchange 20 Index closed insignificantly lower at 12,954.93 points on Thursday, April 24, as shares ended mixed.

Masraf Al Rayan fell by 2.21 per cent to reach QAR48.65. Earlier in the day, the Islamic bank disclosed the interim financial statement for the three-month period that ended on March 31, 2014...

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Source: AME Info


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