Tuesday, April 24, 2018

Markets

Nasdaq Dubai to Create Futures on Emaar Development

•    To enable investors to take a position on share price   •    Move  supports liquidity of underlying shares with SHUAA Capital as Market Maker  •    Number...

Strong Oil Prices Expected to Have a Positive Effect on Trading...

For the second week in a row, tech companies powered US markets’ with APPLE’s stellar earnings driving the markets to another set of all-time...

ADX, Nasdaq Dubai Sign Index License Agreement

Abu Dhabi Securities Exchange, ADX, and Nasdaq Dubai have signed an agreement to develop and launch an Index Futures contract based on the Abu...

DFM, Nasdaq Dubai To Launch Futures on DFM General Index

Dubai Financial Market (DFM) and Nasdaq Dubai have signed a licence agreement under which futures contracts linked with the DFM General Index (DFMGI) will...

Nasdaq Dubai, MSCI To Develop Regional Index Derivatives

Nasdaq Dubai has announced that it signed a licence agreement with the Modern Index Strategy, MSCI, under which the exchange will use MSCI’s regional...

DGCX Records Its Highest-Ever Daily Volume

The Dubai Gold and Commodities Exchange (DGCX), the region’s largest and most diversified derivatives bourse, recorded its highest ever daily volume on September 27,...

Electronic IPO Services Highlighted at ADX

ADX hosts session on new Electronic IPO (eKtetab) services with leading UAE banks Abu Dhabi Securities Exchange (ADX), the region’s leading financial market, recently held...

DFM Mobile App Goes Live

Investors’ connection with Dubai Financial Market (DFM) trading activity and services has been made easier with DFM’s new smart services application, which provides investors...

Lack of Catalysts Dominated Trading Activities across Regional Markets

Lack of catalysts coupled with the summer lull and the approaching Eid break dominated trading activities across the regional markets. Along with the end...

MSCI 2017 Market Classification Review

MSCI will include China A shares in the MSCI Emerging Markets Index MSCI to consult on potential inclusion of Saudi Arabia in the...

Regional Markets to Trade Sideways Short Term

US markets witnessed their month lows on Thursday and Friday as the new health care bill floundered and the Trump rally stumbled. Dow Jones...

Regional Markets Expected to Trade Lower

Negative performance in the second week of March for six out of the eight major indices with Egypt increasing by a solid 4.4% Weakness prevailed...

DGCX Traded 1.37 Million Contracts in January, $ 33 Billion

The Dubai Gold and Commodities Exchange, DGCX, has traded an aggregate 1.37 million contracts in January, valued at US$33 billion. The exchange recorded its highest...

US Federal Reserve System Raises Base Interest Rate

The US Federal Reserve System acting as the national central bank has raised the base interest rate by 25 percentage points to 0.5-0.75%, the...

GCC Bond Market to Continue Gaining Momentum Despite Lower Performance

GCC bond market expected to witness continued increase in the volume of issuances. · Increased demand from international investors due to relative stability and appealing...

Oil prices whipsaw as regional markets weigh macroeconomic conditions

Oil declines to $50 a barrel after news on Russia’s no deal with OPEC After the major OPEC news last week, oil reacted positively and...

Markets sell-off may evolve into a prolonged scenario

In Monday early trading, European shares fell by their most in nearly three months, hit by a global sell-off in stocks and bonds as...

First Mergers & Acquisitions Global Report Launched

Report’s key finding is that effective people management can drive value in M&A Transactions Mercer, the global human resources consultancy, has developed and released it’s...

Equities set for a bear hug over the coming months

Goldman Sachs has downgraded its outlook on equities to "neutral" over the next 12 months, saying there's no particular reason to own them. "Until we...

Regional markets rally forward with 2.3% gain last week

Positive oil-related triggers needed to sustain recent upswing After a one-week break, buyers reasserted themselves pushing regional markets, especially those GCC, back in the black,...

Dubai, Abu Dhabi lead regional market rally this week

After closing February on a strong note, the first week of March saw buyers doubling down and momentum continuing this current upswing, according to...

Trading volumes on DGCX rose 42% in February

February marked another strong month of trading for the Dubai Gold and Commodities Exchange, DGCX, driven by continued global market volatility and the availability...

DFM General Index rose 8.1% by the end of February

The Dubai Financial Market, DFM, General Index increased by 8.1% to 3,240 points at the end of February compared to 2,998 points at the...

Regional markets to close February in the green as KSA struggles...

Regional markets are showing resiliency for the first time in a long time as they ride out another volatile week and preserve monthly gains....