Middle East ETF News Older than One Year
Saudi market digests oil price slump
January 8, 2015--Although oil prices stabilised at a low level without showing any hint for a rebound, the Saudi Arabian Tadawull All-Share Index ended 1.86 per cent higher at 8,284.89 points on Thursday, January 8.
Positive market breadth (147 shares advanced, 12 declined) indicated a broad consensus for the rebound of the Riyadh-based market.
Source: AME Info
Bahrain market ends week flat
January 8, 2015--The Bahrain All-Share Index closed even at 1,425.07 points on Thursday, January 8.
Trading remain lacklustre'in Manama. Al Salam Bank Bahrain, an Islamic bank, gained the most (up 4.24 per cent). Bahrain National Holding Company fell by 2.78 per cent, finishing the first trading week of the year as the top decliner.
Source: AME Info
Abu Dhabi bourse recovery gains speed
January 8, 2015--All sector indices with the exception of the energy sector landed in the green in Abu Dhabi on Thursday, January 8.
The ADX general index closed 1.71 per cent higher at 4,500.49 points, back to the level of the end of 2014.
Source: AME Info
Ooredoo gains as on Kuwait court ruling
January 8, 2015-Qatari shares gained across the board on Thursday, January 8, lifting the Qatar Exchange 20 Index by 3.42 per cent to 12,305.52 points.
Ooredoo, formerly Qatar Telecom, added 0.85 per cent to close at QAR118.30.
Source: AME Info
DFM shares soar on market recovery
January 8, 2015--The Dubai stock market index DFMGI gained for the second session straight, ending 2.05 per cent higher to reach 3,674.29 points on Thursday, January 8.
Rising trading volumes underlined the market's rebound. DFM, the only listed Arab capital market, gained the most, closing six per cent higher at AED1.94.
Source: AME Info
BlueStar Global Investors-Israeli Equities Hit by Domestic Uncertainty and Global Volatility
January 8, 2015--Global equity benchmarks experienced volatility in December and early January as markets weighed the impact of falling oil prices, a strong dollar, and the divergence of economic growth trajectories between the U.S. and much of the rest of the world.
In addition to global macro headwinds, Israeli equities are still discounting the impact of 2014's war with Hamas on the domestic economy and corporate financial results. Further uncertainty was injected into Israeli markets when Prime Minister Netanyahu called for early elections and the outlook for Israel's ability to exploit its massive natural gas reserves was threatened by a surprise regulatory decision.
Source: BlueStar Global Investors
Saudi market reverses downtrend
January 7, 2015--The Tadawul All-Share Index gained 0.94 per cent to hit 8,133.39 points on Wednesday, January 7.
Market breadth was very positive as 129 shares advanced, while 32 declined in value.
Source: AME Info
Diar transfers shares to QIA
January 7, 2015--The Qatar Exchange 20 Index added 0.73 per cent to hit 11,898.18 points on Wednesday, January 7.
Al Khaliji Commercial bank fell by 0.18 per cent to QAR21.80. Earlier in the day, the lender said Diar Real Estate Investment Company,
Source: AME Info
Bargain hunting lifts Dubai exchange by over four per cent
January 7, 2015--After a sluggish opening, the Dubai stock market index DFMGI jumped 4.36 per cent to hit 3,600.33 points on Wednesday, January 7, whereas trading turnover remained thin.
Oil prices (WTI) stabilised around 48 dollars per barrel. Market performances correlated strongly with the black gold in recent months.
Source: AME Info
Last-minute rally fails to lift Saudi market into the green
January 6, 2015--The Tadawul All-Share Index fell by 0.61 per cent to 8,057.43 points on Tuesday, January 6.
Saudi Ceramic Company dipped per cent to 0.30 per cent to SAR101.
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Source: AME Info
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