Middle East ETF News Older than One Year
Saudi shares in free fall on oil, Kingdom Holding bucks sellout
December 16, 2014--The Tadawul All-Shares Index TASI dived 7.27 per cent to 7,330.30 points on Tuesday, December 16, after Brent crude oil fell below $60, a first since 2009.
National Commercial Bank, the first lender in the Kingdom, plummeted 6.10 per cent to end at SAR51.50.
Source: AME Info
Abu Dhabi developers lose, Union National Bank rebounds
December 16, 2014--The ADX General Index tumbled for the fourth session straight on Tuesday, December 16, closing at 3,892.08 points,
representing a one-year low. The gauge closed beneath the lower Bollinger band for the fourth time in a row amid rising volumes, usually a sign that volatility will get exhausted.
Source: AME Info
Qatar National Bank steadfast amid stock market meltdown
December 16, 2014--The QE 20 Index dived 3.51 per cent to 11,057.33 points on Tuesday, December 16, the lowest level in 11 months.
Barwa Real Estate lost 5.38 per cent to QAR36.90.
Source: AME Info
DP World gains against all odds
December 15, 2014--The FTSE NASDAQ Dubai UAE 20 Index closed 0.15 per cent lower at 3,370.71 points on Monday, December 15.
Dubai Ports (DP) World lost 1.25 per cent to $20.25.
Source: AME Info
Aldar Properties hits 15-month low, Etisalat steadfast
December 15, 2014--The ADX General Index could not follow its sister market in Dubai on the rebound path and fell for the third consecutive day.
The gauge lost 0.70 per cent to a near one-year low at 4,180.76 points on Monday, December 15.
Source: AME Info
Dubai market commences high, finishes little higher
December 15, 2014--But the euphoria about the rebound was short-lived as the index eventually lost steam and
closed with a small plus of 0.13 per cent at 3,325.49 points on Monday, December 15.
In 2015, Middle East to see rising interest in Exchange Traded Products
December 13, 2014--The Middle East market would witness growing interest in structured products like Exchange Traded products (ETP) in 2015, Standard & Poor's Dow Jones Indices told Gulf News.
Currently there are about 6 ETP's in the Middle East traded in the United States, and Blackrock, the world's biggest money manager, plans to start an ETP for Saudi Arabian shares.
Source: Gulf News
EGX Continues Its Efforts To Attract New Companies To List
December 12, 2014--The Egyptian Exchange (EGX) is continuing its promotional plan for the business community.
In the last few days EGX participated in 2 meetings targeting the Egyptian Junior Business Association (EJB) and 10 th of Ramadan Businessmen association in presence of a large number of promising companies. The meetings aimed to exhibit the benefits obtained by the companies either by listing in the main market or in NILEX market for small and medium companies.
Source: The Egyptian Exchange (EGX)
Saudi stock market's 12-month performance turns flat
December 11, 2014--The Tadawul All-Share Index lost 0.20 per cent in late trading in Riyadh on Thursday, December 11.
Since its 2014-peak on September 8 following a near two-year rally, the gauge has lost 25 per cent in value parallel to the oil market crash which brought the "black gold" down to a 5-year low this week...
Source: AME Info
Gulf Hotel Group gains on expansion plans
December 11, 2014--The Manama-based Bahrain All-Share Index dipped 0.90 per cent to 1,390.61 points.
Gulf Hotel Group GHG surged 2.44 per cent to hit BD0.84.
Source: AME Info
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