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
Saudi market rally loses steam
August 28, 2014--The Riyadh-based Saudi Stock Exchange finished one of the last trading days in August with a day gain of 0.11 per cent, to hit 11,042.03 points on Thursday, August 28, despite negative market breadth.
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Aluminium Bahrain consolidates at 18-month high
August 28, 2014--In Manama, the Bahrain All-Share Index closed 0.11 per cent higher at 1,475.68 points on Thursday, August 28.
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DP World drags down NASDAQ Dubai market index
August 28, 2014--The FTSE NASDAQ Dubai UAE 20 Index closed 2.12 per cent lower at 4,421.35 points.
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Investors unimpressed by ex-Arabtec CEO's price demand
August 28, 2014--The Dubai Financial Market General Index fell by 1.16 per cent to close at 4,928.22 points on Thursday, August 28.
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Etisalat shares buck sluggish market trend
August 28, 2014--The Abu Dhabi equity market index ADXGI ended trading 0.62 per cent lower at 5,097.24 points on Thursday, August 28.
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Saudi exchange gets comfy above 11,000 points
August 27, 2014--The Dubai Financial Market General Index advanced by 0.23 per cent on Wednesday, August 27, despite negative advance-decline ratio of nine to 19.
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Doha Insurance outlook stable: A. M. Best Ratings
August 27, 2014--In Doha, the Qatar Exchange 20 Index declined by 0.25 per cent to 13,871.21 points on Wednesday, August 27.
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Kuwait market unimpressed by U. S. rally
August 27, 2014--Despite bullish input by the American market (the S&P 500 index closed on Tuesday for the first time above 2,000 points),
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Abu Dhabi real estate boom lifts Aldar to 10-week high
August 27, 2014--The Abu Dhabi market index ADXGI closed 0.26 per cent higher at 5,128.82 points on Wednesday, August 27.
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Gulf Finance House adds on KFH deal
August 27, 2014--The Dubai Financial Market General Index advanced by 0.23 per cent on Wednesday, August 27, despite negative advance-decline ratio of nine to 19.
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Gulf Warehousing shares demand on logistics village expansion
August 26, 2014--The Qatar Exchange (QE) 20 Index gained for the second consecutive session and ended up by 0.30 per cent to 13,906.56 points on Tuesday, August 26.
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Dubai market index stuck beneath 5,000 points
August 26, 2014--Investors acted in a more cautious way on Tuesday, August 26, sending the Dubai Financial Market General Index DFMGI up by 0.09 per cent to 4,974.51 points, up by 0.14 per cent.
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Mazaya Qatar leads Doha market towards 14,000 points
August 25, 2014--The Qatar Exchange (QE) 20 Index rebounded by 0.82 per cent to hit 13,865.89 points on Monday, August 25.
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Belgium move no help for DP World shares
August 25, 2014--The FTSE NASDAQ Dubai UAE 20 Index closed 0.42 per cent lower at 4,478.15 points on Monday, August 25,, from the previous close.
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Abdullah A. M. Al-Khodari gains amid flood of new projects
August 25, 2014--The Saudi Stock Exchange, after gaining for six (!)consecutive sessions, fell by 0.55 per cent to 10,842.78 points on Monday, Aug. 25.
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Dubai Investments gains slightly as subsidiaries order books fill up
August 25, 2014--A roller-coaster trading day left the Dubai stock market index DFMGI at 4,970.05 points, up 0.14 per cent, on Monday, August 25.
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Aldar Properties advances to two-month high
August 25, 2014--The ADX General Index lost insignificantly to stop the trading session at 5,079.12 points on Monday, August 25.
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Jabal Omar Development reduces nine-month loss
August 21, 2014--The Tadawul All-Share Index ended up 0.17 per cent at 10,734.76 points on Thursday, Aug. 21. SABIC slipped 0.26 per cent to SAR128.50.
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Islamic firms lead Qatar market higher
August 21, 2014--The Qatar Exchange 20 Index gained 0.70 per cent to hit 13,776.19 points on Thursday, August 21. Qatar Islamic Bank soared six per cent to reach QAR123.80.
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Aldar Properties in new attempt to crack AED4
August 21, 2014--Abu Dhabi-listed shares ended the week mixed, sending the Abu Dhabi market index ADXGI insignificantly lower to 5,051.27 points on Thursday, August 21.
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Takaful Emarat shares jump: takeover speculation?
August 21, 2014--The Dubai Financial Market General Index closed 1.07 per cent higher at a one-month high of 4,907.55 points on Thursday, August 21.
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Manama market gains the third day straight
August 21, 2014--The Bahrain All-Share Index closed 0.40 per cent higher to hit 1,422.80 points on Thursday, August 21.
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Savola Group gains on ENBD comments
August 20, 2014--After two days of lackluster trading, the Saudi Tadawul market index TASI woke up from its lethargy and closed 0.53 per cent higher at 10,716.24 points on Wednesday, Aug. 20.
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Qatari investors remain on the sidelines after MSCI EM re-adjustment
August 20, 2014--The Qatar Exchange (QE) 20 Index closed unchanged at 13,682.57 points on Wednesday, August 20.
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Dubai market does one step back, and 1.5 forward
August 20, 2014--A last-minute swing lifted the Dubai stock market index DFMGI into the green, as the gauge closed 0.10 per cent higher at 4,855.73 points on Wednesday, August 20, amid thin trading volumes.
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DP World locked up in yo-yo trading
August 20, 2014--The FTSE NASDAQ Dubai UAE 20 Index closed unchanged at 4,456.310 points on Wednesday, Aug. 20.
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Lacklustre Abu Dhabi market ends even
August 20, 2014--Abu Dhabi Ship Building was the top gainer, ending up 10.14 per cent to AED3.04.
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Saudi bourse glues at 6-year high as kingdom eases foreign access to mega projects
August 19, 2014--Like on Monday, the Tadawul All-Share Index edged up by 0.10 per cent, finishing to hit 10,569.56 points on Tuesday, August 19.
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Beaten boys join Dubai market recovery, Emaar at 2.5-month high
August 19, 2014--The Dubai stock market index DFMGI gained for the second session straight on Tuesday, August 19, closing 0.55 per cent to hit 4,852.06 points.
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Banks, industrials surge in Doha despite MSCI reversal on Mesaieed
August 18, 2014--The Qatar Exchange (QE) Index closed 1.70 per cent higher at 13,644.64 points on Monday, August 18.
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DP World soars ahead of H1 financial report
August 18, 2014--The FTSE NASDAQ Dubai UAE 20 Index closed 1.06 per cent higher at 4,423.52 points on Monday, August 18.
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Sudatel soars at Abu Dhabi market on H1 results
August 18, 2014--Abu Dhabi-listed shares performed mixed on Monday, August 18, with the equity market index ADXGI rising by 0.70 per cent at 5,051.53 points.
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Dubai developers gain on EC Harris report
August 18, 2014--The Dubai stock market index DFMGI advanced by 0.74 per cent to hit 4,825.60 points on Monday, August 18.
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Saudi market steady after IMF upgrade for kingdom
August 18, 2014--The Tadawul All-Share Index closed 0.10 per cent higher at 10,650.09 points on Monday, Aug. 18.
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Aldar up, Dana flat, Arkan Building Materials plummets
August 14, 2014--In Abu Dhabi, shares ended a volatile week mixed, leaving the market index ADXGI up one per cent at 5,052.94 points on Thursday, Aug. 14.
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Qatar market reacts slightly to Credit Suisse's FIFA dropout scenario
August 14, 2014--The Qatar Exchange 20 Index slipped 0.13 per cent to 13.505.26 points on Thursday, August 14.
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Emaar slips as mall IPO date remains open
August 14, 2014--The Dubai Financial Market General Index advanced by 0.17 per cent to reach 4,813.06 points on Thursday, August 14.
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Saudi Arabia's Bahri progresses with Vela merger
August 14, 2014--Saudi Arabia's stock index TASI fell by 0.05 per cent to 10,588.26 points on Thursday, Aug. 14.
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Lack of catalysts, neutral market breadth in Riyadh
August 12, 2014--The Saudi Stock Exchange saw its Tadawul All-Share Index falling by 0.07 per cent to close at 10,588.89 points on Tuesday,Aug. 12.
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NASDAQ Dubai lures Gulf Finance House for sukuk issuance
August 12, 2014--The FTSE NASDAQ Dubai UAE 20 Index added 0.10 per cent to reach 4,374.15 points on Tuesday,August 12.
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Doha-listed shares gain across the board
August 12, 2014--The Qatar Exchange 20 Index ended up by 1.10 per cent to 13,279.27 points,despite a lack of catalysts,such as earnings results.
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Methanols Chemicals digests fire incident from June
August 11, 2014--The Saudi Arabian Tadawul All-Share Index in Riyadh closed 0.16 per cent higher at 10,596.55 points on Monday, Aug. 10.
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RAK Ceramics results fail to convince Abu Dhabi bourse
August 11, 2014--The Abu Dhabi exchange index ADXGI added 1.10 per cent to hit 4,997.59 points on Monday, August 11.
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Real estate rises at Dubai market
August 11, 2014--The Dubai Financial Market General Index closes 1.70 per cent to hit 4,819.86 points on Monday, August 11, obviously due to more US air force strikes on radical ISIL forces on Iraq, which threaten to overthrow the governments in Baghdad and Erbil.
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Lackluster trading at NASDAQ Dubai
August 11. 2014--The FTSE NASDAQ Dubai UAE 20 Index closed 1.60 per cent higher at 4,370.74 points on Monday, August 11.
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Qatar market trails global rebound trend
August 11, 2014--The Doha-based QE 20 Index advanced by 0.50 per cent to reach 13,137.43 points on Monday, August 11.
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AXA Coop Insurance gains as firm gets nod for e-sales
August 7, 2014--The Riyadh-based Tadawul All-Share Index advanced by 0.71 per cent to reach 10,552.48 points on Thursday, Aug. 7.
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Bahrain market flirts with 1,500 points, ARIG reports results
August 7, 2014--Following the dull trading period in July, the Bahrain All-Share Index climbed constantly in the first week of August and closed on Thursday, Aug. 7,
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Qatar market dips amid lackluster trading
August 7, 2014--The QE 20 Index in Doha ended off 0.21 per cent at 13,076.33 points on Thursday, Aug. 7.
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Real estate saves the day at Dubai bourse
August 7, 2014--The Dubai financial market general index DFMGI rebounded by 0.17 per cent,closing at 4,734.76 points on Thursday,August 7.
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No gainer at the NASDAQ Dubai
August 7, 2014--The FTSE NASDAQ Dubai UAE 20 Index finished 0.61 per cent higher at 4,296.67 points on Thursday, August 7.
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Qatar joins Saudi in relaxing foreign access to bourse
August 6, 2014--Qatar's Emir Tamim bin Hamad Al Thani has approved a law allowing foreigners to own up to 49 per cent of shares in companies listed on the Qatar Exchange.
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SABB/HSBC PMI Index two-year high lifts Tadawul bourse
August 6, 2014--The Saudi Arabian Tadawul All-Share Index closed 0.27 per cent higher at 10,478.34 points on Wednesday, August 6.
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Etisalat, Dana Gas in the spotlight at Abu Dhabi market
August 6, 2014--The Abu Dhabi stock market index ADXGI fell for the fourth session straight on Wednesday,August 6,closing 0.94 per cent lower at 4,916.23 points Market bellwether Etisalat,the most valuable company in the UAE,lost 0.43 per cent to reach AED11.40.
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Dubai market dives amid Ukraine worries
August 6, 2014--The Dubai financial market equity index DFMGI plummeted 2.40 per cent to hit 4,726.57 points on Wednesday, August 6.
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DP World bucks sluggish market trend
August 6, 2014--The crossover-markets gauge FTSE NASDAQ Dubai UAE 20 Index dived 2.41 per cent to hit 4,270.610 on Wednesday, August 6.
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Foreign firms lift JSE higher
August 5, 2014--The local bourse edged up as a weak rand lifted shares of
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Lacklustre Abu Dhabi bourse fails to consolidate beyond 5,000 points
August 4, 2014--The Abu Dhabi equity index ADXGI lost 0.50 per cent to close at 4,968.06 points on Monday, August 4.
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Emaar shares shave AED10 at Dubai market
August 4, 2014--The Dubai financial market equity index DFMGI closed higher at 4,891.25 points on Monday, August 4.
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Investcorp annual result lifts Bahrain Bourse
August 4, 2014--The Bahrain All-Share Index continued its dogged recovery and closed 0.19 per cent higher at 1,475.25 points on Monday, Aug. 4.
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Investcorp annual result lifts Bahrain Bourse
August 4, 2014--The Bahrain All-Share Index continued its dogged recovery and closed 0.19 per cent higher at 1,475.25 points on Monday, Aug. 4.
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