Middle East ETF News Older than One Year
Qatar market dives as the UAE, Saudi Arabia and Bahrain withdraw their ambassadors
March 5, 2014--The Qatar Exchange Index in Doha closed 2.06 per cent lower at 11,349.20 points on Wednesday, March 5.
Earlier in the day, the three Gulf states-the UAE, Saudi Arabia and Bahrain-said in a joint statement released by the UAE official news agency, WAM, that they have decided to call back their...
Source: AME Info
Eased tensions in Ukraine boost Saudi market
March 4, 2014--The Tadawul All Share Index gained 1.43 per cent to close at 9,148.73 points on Tuesday, March 4.
The buyers came back after Russia's president Vladimir Putin told the media in Moscow that he would not consider a military invasion in the Crimea.
Source: AME Info
Bahrain bourse halts five-day losing streak
March 4, 2014--The Bahrain All Share Index rebounded by 0.21 per cent to reach 1,367.83 points on Tuesday, March 4.
Arab Banking Corporation surged by 2.04 per cent to $0.50. There was no losing share. Al Salam Bank Bahrain advanced by 1.05 per cent to BD0.192.
Source: AME Info
Selling pressure continues at Qatar bourse
March 4, 2014--The Qatar Exchange 20 Index declined for the fifth consecutive day as the gauge lost 0.65 per cent, falling to 11,588.24 points on Tuesday, March 4.
Mesaieed fell the most, ending off by ten per cent (limit down) at QAR40.10. Medicare surged by 4.03 per cent to QAR67.10. Doha Bank dived by 9.10 per cent,...
Source: AME Info
Abu Dhabi shares rebound across the board, banks end mixed
March 4, 2014--The Abu Dhabi Securities Exchange General Index (ADXGI) surged by 1.29 per cent to close at 4,920.42 points on Tuesday, March 4.
Abu Dhabi National Takaful jumped by 14.30 per cent to AED8. Green Crescent Insurance Industry plummeted by ten per cent to AED1.35....
Source: AME Info
du shares gain as telecom operator refinances debt
March 4, 2014--After an alleged ultimatum imposed by Russia on the Ukraine was revealed to be a media hoax, the markets recovered ground, while oil prices retreated.
Russia's president Vladimir Putin said, at the moment, military intervention is not necessary. The Dubai Financial General Index (DFMGI) advanced 0.37 per cent to 4,120.95 points on Tuesday, March 4.
Source: AME Info
DFM Company shareholders approve financial statements for the year 2013
March 4, 2014--Shareholders to receive cash dividend of AED 400 million, equivalent to 140% of the net profit of the year
The Dubai Financial Market (DFM) "PJSC" shareholders approved the Balance Sheet and Income Statement for the fiscal year ending December 31st 2013, during the Ordinary Annual General Meeting held today, March 3rd 2014, and headed by HE/ Essa AbdulFattah Kazim, Chairman of the company. DFM shareholders also ratified the Board of Director’s report on the...
Source: AME Info
Crimea crisis kills Dubai market rally
March 3, 2014--The Dubai Financial General Index (DFMGI) closed 1.88 per cent lower, falling to 4,105.90 points on Monday, March 3.
Signs of an escalation in the Crimea crisis weighed on the investors’ sentiment. Amid a possible military intervention by Moscow to protect Russian citizens living on the peninsula, oil prices (DME Oman crude) surged by more...
Source: AME Info
Abu Dhabi shares fall across the board
March 3, 2014--The Abu Dhabi Securities Exchange General Index (ADXGI) declined by 1.75 per cent to close at 4,857.79 points on Monday, March 3.
Food and beverages firm Agthia gained the most, closing 1.11 per cent higher at AED4.55. United Arab Bank posted the biggest drop, ending off by 9.56 per cent at AED7.85.http://www.ameinfo.com/blog/finance-and-economy/abu-dhabi-shares-fall-across-board/>view more
Source: AME Info
Bahrain bourse follows weak global trend
March 3, 2014--The Bahrain All Share Index fell for the fifth consecutive session, ending down by 0.40 per cent at 1,364.94 points on Monday, March 3.
Stock markets in East and West came under pressure on Monday as the outcome of the crisis between Ukraine and Russia remained uncertain. Bank of Bahrain and Kuwait was the lone...
Source: AME Info
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