Tag: Markets
Markets push higher across Asia and Europe
Markets rallied strongly in Asia today morning, as investors jumped into stocks tied to global economic growth. South Korea’s Kospi jumped 3.8%, Australia’s S&P/ASX...
Stocks are Undervalued
The summer lows that the U.A.E. markets appear to have set in the past days raise a question: How much support can the market...
Markets tumble; Spot the buying opportunities!
Saudi shares dropped 5.5 percent to their lowest close in nearly five months, weighed by petrochemical and banking shares. The market slump followed global...
DFMGI advances on low trading volumes
Benchmark adds over 9 pts
Dubai Financial Market General Index (DFMGI) ended in the green, edging up 0.6%, or almost 9.3 points, to 1567.12, according...
DFMGI ended positive amid thin trading
Dubai Financial Market General Index (DFMGI) ended in the positive territory. It added as much as 0.22% (3.41 points) to 1559, compared to yesterday’s...
Markets likely to perform on the upside
Saudi shares climbed for a third day on Saturday, led by petrochemical companies and banks, after U.S. stocks posted the biggest weekly rally in...
DFM adds 1.58%
Dubai Financial Market General Index (DFMGI) closed Tuesday’s session on an up note, advancing 1.58%, or 24.25 points, to 1559.92, its highest level this...
DFMGI lost 1.16%
Dubai Financial Market General Index (DFMGI) ended in the negative territory for the fifth consecutive session. It lost as much as 1.16% (17.89 points)...
DFMGI rose 0.99%
Dubai Financial Market General Index (DFMGI) ended today’s session in the positive territory. It added as much as 0.99%, or 15.5 pts to 1578.08,...
DFM suspends trading in 8 foreign companies
Dubai Financial Market (DFM) announced that its UAE listed companies has showed a 100% compliance to disclose their quarterly results within the deadline of...
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...
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...
Crude-oil futures rose; stocks advance in Asia
Crude oil futures rose more than 1% to trade above $98 a barrel, after sliding more than 15% last week amid a broad...
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...
If you are into stocks, follow the big money
Higher energy prices, Japan supply chain disruptions and fear of continuous depreciation of the U.S. dollar were supposed to scare investors off tacking risks...
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...