web analytics

DFMGI ended in the negative territory

Dubai Financial Market General Index (DFMGI) ended in the negative territory for the second consecutive session. It lost as much as 0.71%, or 11.35 points...

Swinging oil price and UAE stock markets

Saudi Arabian shares dropped the most in a week, snapping four days of gains, on concern that swinging oil prices will affect the economy...

DFMGI closed the week in the red

Dubai Financial Market General Index (DFMGI) closed out the week in the red, bucking a 2-session uptrend. The gauge inched down 0.73%, or 11.69 pts,...

Regional stock markets to rebound by the end of May

Stock markets in the GCC have been impacted by the current regional civil unrest in the Arab world, with company valuations discounted compared...

MENA stock markets’ outlook still one of the sizable risk

In a sea of governmental change among many of the Arab countries in the Middle East and North Africa, stability and investment opportunities will...

DFMGI dropped 0.71%

Dubai Financial Market General Index (DFMGI) dropped 0.71%, or 11.5 points, to 1618.23, snapping yesterday’s uptrend. The index hit session peak and low at 1631.57...

Dubai Financial Market performance during April 2011

Dubai Financial Market overall performance increased by 5% to reach 1634.1 points at the end of April compared to 1556 points at the end...

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 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...

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...

UAE markets should follow Saudi shares rebound

// Saudi Arabia's index made its largest gain in more than two years today, after the country's finance minister sought to reassure nervous investors. The...

DGCX February volumes rise 17 % year-on-year to reach 210,330 contracts

February volumes on the Dubai Gold and Commodities Exchange (DGCX) grew 17 % year-on-year to reach 210,330 contracts, valued at $10.07 billion. Year-to-date volume...

Dubai shares slump to 7-year low

Dubai’s benchmark index fell to the lowest in almost seven years, as concern political unrest may spread to Saudi Arabia, the Arab world’s largest...