Tag: Stocks
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...
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...
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...
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...
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...
Crude Oil Trades Near 29-Month High as Middle East Unrest Continues
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As violence in Libya continues, crude oil reached its highest level since September 2008 today, at $106.30 a barrel. Crude prices are also...
UAE markets should follow Saudi shares rebound
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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...
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...
How to beat Inflation
The cost of living could double over the next decade or two. What are you going to do about it?
Right now, no matter where...
US Dollar Remains Weak despite Dip in Commodity Prices
This week may provide the decision point for the USD. With Non-Farm Payrolls due this Friday, the uncertainty surrounding the American recovery will undoubtedly...
Unrest in Libya Boosts Crude Oil to $99.90
Last week's most notable trends were the bullish Japanese yen and crude oil. Both trends took place in response to the rising violence in...
UAE market regulator will launch draft rules on short-selling
The UAE market regulator SCA will launch draft rules on short-selling "very soon", as a latest step aimed at boosting dwindling trade and helping...