Markets

UAE bourses in uptrend

In an interview with Radio Mubasher, Hammam Al Shamaa, Economic Consultant at Al-Fajer Securities LLC said that the UAE stock markets would likely undergo...

DFM General Index down 1.62%

Dubai Financial Market General Index (DFMGI) deepened yesterday’s losses, with a fall of as much as 1.62%, or 26.94 points to 1638.23. The gauge...

DFM Index gained 97.4 pts in 7 sessions

Dubai Financial Market General Index (DFMGI) extended its rally to the seventh straight session, inching up 0.26%, or 4.32 points, to 1652.76. The benchmark...

DFM still sparkling

Dubai Financial Market General Index (DFMGI) maintained its winning streak for the fourth session in a row, pulling ahead 0.63%, or 9.98 points, to...

Emirates Securities Markets to implement DVP from April 28

The Emirates Securities and commodities Authority (SCA) has announced that stock markets in the UAE will start operating the Delivery Versus Payment (DVP) service...

UAE bourses in uptrend

The both UAE stock markets, both DFM and ADX, recently have been moving in an uptrend. Profit taking or "correction" is normal in the course...

DFM Index plunges nearly 2.5%

Dubai Financial Market General Index (DFMGI) has slumped 2.47% till today’s mid-trading, with a loss of 38.27 points to 1474.32. Traders comment that this...

Oil Producing Countries Bullish on Oil Price

Traders said Japan would continue to be closely watched by financial markets at least for the next few days, because of Japan's nuclear emergency...

Dubai shares surge 4.32%

Dubai Financial Market General Index (DFMGI) ended on a positive not, closing 4.32%, or approx. 62.61 points higher, at 1512.59. The benchmark hit its...

Gulf markets expected to advance during the week

Analysts expect positive week for the Gulf markets, after the Ministerial Council of the Gulf Cooperation Council for the Arab Gulf States decided at...

DFM gains 2.18%, Arabtec top active on FY10 profit growth

Dubai Financial Market General Index (DFMGI) ended on a positive note today, pulling ahead 2.18%, or about 30.77 points, to 1443.28. The benchmark hit...

Dubai shares 2.72% up

Dubai Financial Market General Index (DFMGI) closed Tuesday’s session on an up note, rising 2.72%, or approx. 37.38 points, to 1412.51. The benchmark hit...
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