Abu Dhabi On May 29, the Abu Dhabi Securities Exchange witnessed the execution of 4 large deals on the shares of Ishraq Investment Company. According to Abu Dhabi market data, deals were executed on about 226.7 million shares, at a value of approximately 131.5 million dirhams, at a price of …
Read More »1.6 billion dirhams of local stock liquidity at the beginning of the week
Abu Dhabi, May 29: The local stock markets attracted liquidity that exceeded 1.6 billion dirhams at the close of trading today, with its main focus on real estate, financial and banking sector stocks. Liquidity was distributed by 1.05 billion dirhams on the Abu Dhabi Stock Exchange and 569.3 million dirhams …
Read More »Variation in the closings of UAE stocks at the beginning of the week… and large deals of 259 million dirhams on “Ishraq” and “Education”
The performance of UAE stocks varied at the end of the early week session, Monday. While the Dubai Financial Market index rose 0.06% and closed at 3543.6 points, the Abu Dhabi Securities Market index fell 0.47% to close at 9261.57 points. The Dubai Financial Market launched future contracts on its …
Read More »Artificial intelligence and Fed calm expectations revive technology stock trading
Despite the US debt ceiling deal controversy, tech investors are now buying, and this is evident in stock market indices. The “Nasdaq Composite” closed Friday with a fifth consecutive weekly gain; It has jumped 2.5% in the past five days and is now up 24% this year, far outperforming other …
Read More »The rise of the Egyptian Stock Exchange indices and the market capital gains 10 billion pounds
Cairo, May 28 / The Egyptian Stock Exchange indices recorded collective gains at the close of trading today, supported by buying operations by Arab institutions and investment funds, while the transactions of local and foreign institutions tended towards selling. The market capitalization of the shares of companies listed on the …
Read More »Dubai Financial Market launches general index futures contracts tomorrow that can be traded on a variety of assets
The Dubai Financial Market is preparing to launch a future contract on its general index, according to what the market announced, in a statement, indicating that the listing and start of trading futures contracts on the general index will start from the session on Monday, May 29, 2023. Futures contracts …
Read More »47.2% increase in the profits of the electricity production and supply sector in China during the first quarter
BEIJING, May 27: Data from China’s National Bureau of Statistics showed today that the electricity and heat production and supply sector witnessed a 47.2 percent rise in profits during the first quarter of this year. The authority stated in a statement that the machinery and electrical equipment industry recorded an …
Read More »7 billion dirhams “Shurooq” investment portfolio in Sharjah, 70% of the projects have been delivered
The total value of real estate projects affiliated with the Sharjah Investment and Development Authority (Shurooq) amounted to about 7 billion dirhams, according to Ahmed Obaid Al-Qaseer, Executive Director of the Authority. Al-Qaseer said in an interview with Al-Khaleej newspaper that 70% of Shurooq’s projects have been delivered, indicating that …
Read More »Stocks in a week.. “Gulf Navigation” jumps 28.6%, and “Ajman Bank” 12.6%. Selective buying reduces market declines
UAE stock indices reduced their weekly declines, due to selective purchases, in the face of pressure from “banks” at a time when some stocks attracted concentrated liquidity, especially “Gulf Navigation”, “Ajman Bank” and “Al-Alamiah Holding”. And in front of the rise in “E &” shares in a week by 4.9% …
Read More »French “Ardien” doubles its regional business from Abu Dhabi
French private equity company Ardian plans to increase the number of employees in its regional office in Abu Dhabi to about 30 people next year, as it seeks to expand its presence in the Middle East region full of emerging opportunities and cash flow that paves the way for new …
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