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The Dubai Financial Market (DFM) index bounced back on Sunday after three consecutive sessions of going down, with a 1.89 per cent gain to reach 4,739.54, while the Abu Dhabi Securities Exchange ( ADX ) general index rose 1.05 per cent to reach 5,005.
A planned merger of the Dubai Financial Market and the Abu Dhabi Securities Exchange (ADX) has been shelved for the foreseeable future as terms for the politically sensitive move could not be agreed, sources told Reuters on Thursday...The state-
In This Article Thursday, Jul 03, 2014 Abu Dhabi: The Dubai Financial Market (DFM) index rose 0.22 per cent on Thursday to end the day's trade at 4,399.64, bringing its total growth this week to 4.58 per cent. Meanwhile, the Abu Dhabi Securities
The Dubai Financial Market (DFM) index went up 3.17 per cent on Tuesday to reach 4,067.67, while the Abu Dhabi Securities Exchange ( ADX ) general index gained 0.62 per cent to end at 4,579.40. Construction giant Arabtec grew 10.34 per cent to end
Arabtec shares rose 1.9 per cent to Dh4.30 on Wednesday following the announcement that CEO and managing director Hassan Ismaik was stepping down. Trading volumes on Wednesday were down in both Dubai and Abu Dhabi as turmoil in Iraq continued to
The UAE's stock markets consolidated in Tuesday's trading, with Dubai Financial Market (DFM) holding its position above support levels as Arabtec gained following Monday's heavy losses. The DFM index, which dipped as low as 4,430.91 within the first
Tuesday after tightening the pricing, a document from lead managers said. Tightened pricing for the bond was given at 160 basis points over mid-swaps, against initial price thoughts in the area of 170 bps on Monday. BBB-plus by Fitch, attracted books
In This Article Sunday, Jun 08, 2014 Abu Dhabi: The Dubai Financial Market (DFM) general index dropped 2.51 per cent on Sunday to end the day at 4,972.78, while the Abu Dhabi Securities Exchange ( ADX ) index went down 1.14 per cent to reach 4,997.86.
Dubai's benchmark index DFM fell 1.52 per cent to 5,072.92 points while Abu Dhabi's ADX index fell 1.36 per cent to close at 5,063.96 points...Stocks have been retreating because of the strong performance that happened on Thursday. Profit-taking
Thursday was the last day before the listing came into effect at close of business, and traders were keen to get their hands on shares in the belief that their value will hold when trading begins again on Sunday. UAE exchanges from frontier to