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Volatile Amlak dominates Dubai stocksGulf stock markets rose on Tuesday after oil prices edged up and mortgage company Amlak Finance, which dominated activity in Dubai, pared early losses to close flat as it resumed trading following a suspension of nearly six years. More… |
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Dubai leads earnings growth in GulfDubai's bourse has outpaced other Gulf markets by a wide margin in terms of companies' first-quarter profit growth, data show, supporting its position as the top performer in the region. The emirate's benchmark soared More… |
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Euphoric small investors let Dubai bourse defy gravityA sense of euphoria can be felt as you walk onto the Dubai Financial Market's (DFM) trading floor. Excited investors sit huddled at tables, eyes fixed on trading screens. Occasionally the floor erupts in applause as certain stocks shoot up t More… |
Dubai surges on Emaar, Arabtec dividend speculationDubai's bourse posted its highest daily gain since late January on Monday as investors scooped up shares of real estate and construction companies on hopes for increased dividend payouts. The Dubai benchmark rose 2.9 percent t More… |
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Dubai closes 2013 with massive annual gainsBulls in Dubai were strong until the last minute of trading in 2013 with the shares index recording its biggest annual gain in eight years, while all other regional markets also climbed to end the year on a positive note. Dubai More… |
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Dubai's gains cross 100pc; most of region risesYear-to-date gains by Dubai's main stock index rose above 100 per cent on Tuesday as investors, positioning for full-year earnings, pushed real estate and bank stocks higher. Most other regional markets also rose. The Dubai in More… |
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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… |
