Middle East ETF News Older than One Year
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.
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...
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...
Source: AME Info
Bahrain market gains the fourth session straight
April 24, 201--The Bahrain All-Share Index advanced by 1.44 per cent to 1,418.84 points on Thursday, April 24.
Arab Banking Corporation jumped by 10 per cent (limit up) to hit $0.66. Nass Corporation dived by 2.15 per cent to reach BHD0.182. Bahrain Telecom closed flat at BHD0.384.
Source: AME Info
Dubai bourse rally halted
April 24, 2014--The Dubai Financial Market General Index (DFMGI) lost 1.25 per cent to close at 5,070.93 points, with the market breadth ending in bearish territory.
Only three shares advanced, while 24 listed stocks declined. Trading turnover remained high, as 992 million shares were traded, valued at AED3.373 billion. Emaar slipped by 1.40 per cent to hit...
Source: AME Info
Qatar Exchange index flirts with 13,000 points
April 23, 2014--The Qatar Exchange (QE) 20 Index rose intra-day above 12,940 points, before the gauge fell back and closed 0.29 per cent lower at 12,902.04 points on Wednesday, April 23.
Ezdan Holding was the top gainer, edging up by 10 per cent to close at QAR45.75. The shares of Al Khalij Commercial Bank recorded the biggest...
Source: AME Info
Dubai market is up, up and away
April 23, 2014--After crossing the barrier at 5,000 on Tuesday, April 22, the Dubai Financial Market General Index (DFMGI) closed 2.31 per cent higher at 5,133.95 points, despite bearish market breadth.
Twelve shares advanced, while 17 declined. More than one billion shares worth AED3.775 billion changed hands. Arabtec edged up by 10.67 per cent to hit AED8.71.
Source: AME Info
Saudi Airlines Catering Company board recommends 15 per cent dividend
April 22, 2014--The Saudi Arabian Tadawul All Share Index declined for the second day straight, ending down by 0.36 per cent at 9,583.04 points on Tuesday, April 22.
Saudi Airlines Catering Company gained 0.20 per cent to reach SAR166.75. Earlier in the day, the firm said its board of directors has proposed a 15 per cent cash...
Source: AME Info
Qatar Electricity and Water Q1 net income soars by 50 per cent
April 22, 2014--The Qatar Exchange (QE) 20 Index advanced by 1.32 per cent to reach 12,744.33 points on Tuesday, April 22.
Qatar Electricity and Water advanced 1.92 per cent to QAR186. Earlier in the day, the utilities giant said in the first three months of 2014 it earned a net profit of QAR299 million ($75m)...
Source: AME Info
Bahrain Islamic Bank leads bourse's advance
April 22, 2014--The Bahrain All Share Index added 0.34 per cent to close at 1,397.22 points on Tuesday, April 22, the highest level since March 23. Bahrain Islamic Bank gained 2.78 per cent to BHD0.148.
Esterad Investment Company lost the most, ending off by 2.06 per cent at 0.19.
Source: AME Info
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