Dubai market rally shows no signs of exhaustion-continued

February 22, 2012--The DFM General Index hit 1,608.92 points (up 0.80%), the highest closing since mid-June 2011, although bellwether Emaar declined slighly (off 0.65% at Dhs3.05.
But market breadth remained solid, as 22 shares advanced and seven declined. Trading volumes also confirmed the current strength of the Dubai bourse, as 464m shares worth Dhs420m were traded. Real estate district cooling provider Tabreed soared 14.90% to reach Dhs0.911. Having gained 18.80% year to date, the highest advanced aming all Arab stock exchanged, the DFM might be technically ripe for a correction, but the market strength and the positive economic outlook for the emirate of Dubai speaks another language (as yet).

Source: AME Info


Middle East ETP News
DP World advanced further
February 18, 2015--The FTSE NASDAQ Dubai UAE 20 Index gained 0.16 per cent to hit 3,874.13 points on Wednesday, February 18.
read more
Comeback of Dubai bourse's beaten boys
February 18, 2015--The Dubai stock market measure DFM general index fell by 0.32 per cent to close at 3,857.53 points on Wednesday, February 18.
read more
Exhausted Tadawul market closes unchanged
February 17, 2015--The Saudi Stock Exchange on Tuesday, February 17, saw its market index TASI closing 0.03 per cent higher at 9,442.45 points.
read more
NASDAQ Dubai lacklustre
February 17, 2015--The FTSE NASDAQ Dubai UAE 20 Index closed 0.36 per cent lower at 3,829.94 points on Tuesday, February 10.
read more
Investors like Qatar National Bank USD3bn loan initiative
February 17, 2015--The Qatar Exchange 20 Index gained for the seventh session straight, ending 0.34 per cent higher at 12,667.33 points.
read more
Abu Dhabi market gains on crown prince's comments
February 17, 2015--The Abu Dhabi equity market measure ADX General Index gained 0.55 per cent to reach 4,647.04 points on Monday, February 9.
read more
Egypt: Steadfast Reforms Key for Economic Stability, Jobs, Growth
February 11, 2015--Current reform plans positive for growth, jobs, economic stability
Steady implementation vital to achieve goals, manage external, internal risks
read more
MIDEAST STOCKS-Gulf markets pull back slightly on debt rating cuts, oil
February 10, 2015--Saudi's Dar Al Arkan drops after debt rating outlook cut
Dubai index fails to break through major chart barrier
read more
Gulf markets edge down after rating cuts, oil's pullback
February 10, 2015--Most Gulf stock markets edged down in early trade on Tuesday after oil prices slipped and Standard and Poor's cut credit ratings
read more
Decline in oil price saves Egypt EGP 30bn
Egypt is expected to issue the Unified Investment Law by the end of February
February 9, 2015--The sharp decline in crude oil prices over the past five months ended up saving Egypt EGP30 billion, Youm7 reports citing the Minister of Investment.
read more
BlueStar Global Investors-Israeli Equities Hit by Global Volatility Despite Acceleration in Domestic Activity
February 6, 2015--The BlueStar Israel Global Index(R) (BIGI(R)) declined 2.38% in January while the BlueStar Israel Global Technology Index(TM) (BIGITech(TM)) declined 3.10%.
read more
Dubai index jumps the most in Gulf with rebounding crude oil
February 4, 20154--Dubai index jumped nearly 2.5 per cent on Tuesday on the back on the rebounding crude oil.
read more
Weak Asia input weighs on Dubai shares
February 2, 2015--The rally at the Dubai financial market (DFM) general, which started on Sunday, was halted as the gauge lost 1.07 per cent to close at 3,799.18 points on Monday, February 2.
read more
Banks keep Bahrain bourse up
February 2, 2015--In Manama, the Bahrain All-Share Index added 0.26 per cent to hit 1,422.75 points on Monday, February 2.
read more
Energy shares buck Abu Dhabi market drop
February 2, 2015--The ADX General Index slipped 0.57 per cent to 4,526.46 points on Monday, February 2.
read more
Iran's First Exchange-Traded Fund Set To Launch
January 31, 2015--Iran-one of the world's last untapped markets-is set to see its first exchange-traded fund (ETF) launch, ahead of the possible lifting of international sanctions that were imposed on the nation, Reuters reported earlier this week.
read more
S&P Dow Jones Indices-Middle East Index Dashboard
January 30, 2015--As energy prices continued to fall, there were signs of recovery in Middle Eastern equities this month. The S&P Pan Arab Composite LargeMidCap Index gained by 2.2%, aided in particular by Saudi Arabia and Egypt.
read more
Kuwait Stock Exchange starts 2015 positively
January 29, 2015--The KSE market index closed 0.97 per cent lower at 6,572.26 points on Thursday, January 29.
read more
Vodafone Qatar plummets as quarterly profit remains in the red
January 29, 2015--Qatar's construction industry value is forecast at approximately USD 32.3bn, representing a real value annual growth of 54%.
read more
UAE stock markets fall as January blues weighs in
January 29, 2015--The Dubai financial market (DFM) general index closed 1.66 per cent lower at 3,774.40 points on Thursday, January 29, marking the last trading day of the month.
read more
Four Exchange-traded funds will be launched on the Qatari bourse
January 29, 2015--Four Exchange-traded funds (ETFs) will be launched on the Qatari bourse from next month.
read more
NASDAQ Dubai heavyweights post losses
January 28, 2015--The FTSE NASDAQ Dubai UAE 20 Index ended 0.36 per cent higher at 3,701.76 on Wednesday, January 28.
read more
Abu Dhabi developers continue to underperform
January 28, 2015--The ADX general index declined by 0.31 per cent to 4,516.121 points on Wednesday, January 28.
read more
Oil rebound fuels Dubai market
January 28, 2015--The Dubai financial market (DFM) general index closed 0.43 per cent higher at 3,736.30 points on
read more
Qatar Insurance soars as FY net income hits QAR1bn
January 28, 2015--The shares of Qatar Insurance posted the second-highest day gain on Wednesday in Doha, closing 4.28 per cent higher at QAR87.70.
read more