Middle East ETF News Older than One Year
Financials lift Abu Dhabi market index
September 26, 2014--The Abu Dhabi equity market index ADXGI advanced 0.30 per cent higher at 5,127.60 points on Thursday, September 25.
Emirates Telecommunications Corporation, better known as Etisalat and the most valuable Emirati firm, closed flat at AED11.65. Gains in the financial sector, however, helped the gauge to end in the green.
Source: AME Info
Marka shares shoot up on first trading day at DFM
September 24, 2014--The Dubai Financial Market General Index finished the week with a day gain of 0.14 per cent to close at 5,072.20 points on Thursday, September 25.
The topic of the day was the initial trading day of online retail firm Marka whose shares closed at AED1.59.
Source: AME Info
Air Arabia group CEO optimistic for second half of 2014
September 24, 2014--The Dubai Financial Market DFM General Index lost 1.23 per cent to close at 5,065.02 points on Wednesday, September 24.
In the wake of global market declines amid a joint U. S./Arab aerial campaign against IS in Syria, the Dubai Financial Market (DFM)-listed shares of Air Arabia closed 2.20 per cent lower at AED1.34.
Source: AME Info
Saudi profit takings amid geopolitical woes, SABIC hits one-month low
September 24, 2014--A whopping 140 shares declined on Wednesday, September 24, in Riyadh as the market index TASI closed 1.42 per cent lower at 10,720.51 points.
The expansion of the campaign against IS forces which U. S. and allied Arab air forces (Saudi Arabia and the UAE joined the campaign) to Syria motivated investors in East and
Source: AME Info
Waha Capital releases details of AerCap hedging
September 24, 2014-The Abu Dhabi market index ADX general declined 0.14 per cent to finish at 5,112.07 points on Wednesday, September 24.
Leasing and aerial/maritime investment firm Waha Capital fell by 0.33 per cent to AED3.05.
Source: AME Info
Dubai Ports World adds against the trend
September 24, 2014--The FTSE NASDAQ Dubai UAE 20 Index closed at 0.57 per cent lower at 4,668.02 points on Wednesday, September 24.
DP World advanced 0.56 per cent to hit $21.50. Emirates REIT stabilized at $1.44.
Source: AME Info
Regional woes weigh on Qatar market
September 24, 2014--The QE 20 index lost 0.53 per cent, finishing at 13,932.30 points on Wednesday, September 24.
Amid an escalation in the war against ISIS in Syria and Iraq, investors ducked and sent market bellwether Industries Qatar down by 0.80 per cent at QAR191.50.
Source: AME Info
Etisalat share gain fails to save the day at Abu Dhabi market
September 22, 2014--The ADX general index (ADXGI) fell back to the level of last Wednesday, ending off by 0.47 per cent to finish at 5,149.80 points on Monday, September 22.
Emirates Telecommunications Corporation, better known as Etisalat (Arabic for: connections) surged by 0.86 per cent to hit AED11.70.
Source: AME Info
Lackluster Dubai market adds slightly
September 22, 2014--The Dubai Financial Market General Index closed 0.13 per cent higher at 5,094.82 points on Monday, September 22, amid thin trading.
Emaar, as the most liquid share, finished up by 0.43 per cent to AED11.65. Interest in Emaar's IPO of its subsidiary Emaar Malls Group showed no let-up shortly before the subscription period ends on...
Source: AME Info
Saudi market unimpressed by imminent NCB going public
September 22, 2014--The Tadawul All-Share Index on Monday, September 22, lost 1.23 per cent to 10,874.82 points.
Earlier on late Sunday, the capital market authority gave green light for the country’s largest lender National Commercial Bank (NCB) IPO which is poised to be the second largest IPO in 2014 after Alibaba.com, analysts said.
Source: AME Info
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