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Dubai stocks hit two-year highBullish sentiment towards UAE equities propelled Dubai's bourse to a two-year closing high and Qatar's market also gained, driven by bets on stronger dividends and 2012 profit. Dubai' More… |
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Property stocks take Dubai index to 20-month highProperty stocks led Dubai's stock index to a 20-week high as short-term traders took upbeat global cues to increase their market exposure, while other Gulf Arab bourses also advanced. Dubai& More… |
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Dubai stocks slump to 4-month lowDubai-listed Air Arabia and mortgage provider Tamweel headed losers as the emirate's index slumped to a four-month low, with downbeat global sentiment spurring UAE investors to reduce risk. Air Arabia fell 4.5 percent to its low More… |
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Dubai makes biggest one-day gain in 2 yearsDubai's bourse made its largest one-day gain in 27 months, rebounding after last week's savage profit-taking, with investor sentiment still bullish. The emirate's benchmark jumped 4.7 percent to 1,687 points, its largest one-day advance s More… |
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Emaar heads losers as Dubai dips for 3rd dayDubai's index declined for a third day, extending year-to-date losses as some investors looked to cut positions following more turmoil on international markets on Tuesday. The emirate's benchmark slipped 0.4 per cent to 1,474 poin More… |
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Egypt index soars to new highEgypt's benchmark share index on Sunday reached its highest close since April 3 after Friday protests calling for a "second revolution" passed off without major violence, bolstering confidence in the country's security, traders said. Thous More… |
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Arabtec tumbles on CEO trading banDubai builder Arabtec dropped 1.5 per cent in early trade, after the company's chief executive on Wednesday said he has been suspended from trading in UAE markets for six months will seek a clarification from the regulator. "Obviously we w More… |
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UAE banks rally after Dubai World debt dealBank shares were among gainers as Dubai's index hit a 16-week high on Monday, the first day's trade since Dubai World reached an agreement with all but one of its creditors to restructure $24.9 billion in debt. Although largely pri More… |
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Dubai stocks plunge to 14-month lowDubai's index slumped to a 14-month closing low as worries over the financial health of Dubai Holding and Friday's global equity sell-off pushed investors to the exit. 'There are jitters about Dubai Holding rolling over some of More… |
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Dubai, Abu Dhabi stocks fall 7pc on openingDubai stocks fell 6 per cent as the market reopened for the first time since the emirate called for a delay in repaying billions of dollars in debt, spooking global markets. Market watchers were expecting the index to drop by 10 per cent d More… |
