Morgan Stanley has recommended Emaar Properties when it is “overweight”, which means that the stock will outperform the benchmark or its current price. He recommended “Emaar Development” shares at “equal weight” (hold), which indicates that the stock’s performance is in line with future expectations. Morgan Stanley also rated Aldar Properties …
Read More »Stocks gain 12 billion dirhams, and the Dubai market climbs to its highest level in 7 months
Abu Dhabi, April 12: The local stock markets consolidated their gains for the third consecutive session, and their market capitalization gained nearly 12 billion dirhams at the end of today’s session, with the Dubai market rising to its highest level in 7 months. The market capital of listed shares rose …
Read More »The Egyptian Stock Exchange closed higher
Cairo, Ramadan 19, 1444 AH, corresponding to April 10, 2023 AD The Egyptian Stock Exchange indices recorded collective gains at the close of trading today, as the market capitalization of shares of companies listed on the stock exchange gained about 6 billion pounds, to end trading at the level of …
Read More »Banking and real estate stocks give indices a green week
UAE stocks overcame the state of fluctuation for 5 consecutive sessions, to end the first weeks of April in a circle of gains, supported mainly by banking and real estate stocks, despite the limited movements of most of these stocks between ups and downs. 3 major banks, accompanied by “Aldar” …
Read More »The Muscat Stock Exchange index rose by 0.26%.
Muscat 20 Shaaban 1444 AH corresponding to March 12, 2023 AD The Muscat Stock Exchange index “30” closed today at 4862.32 points, up by 12.8 points, or 0.26 percent, compared to the last trading session, which amounted to 4849.54 points. The trading value amounted to 4 million 186 thousand and …
Read More »Banks push European stocks to their lowest level in 7 weeks
Capitals 18 Shaaban 1444 AH corresponding to March 10, 2023 AD European stocks fell to their lowest level in the past 7 weeks today, as financial stocks caused a general decline in the markets, after a US bank warned about the resilience of the sector’s balance sheets in the face …
Read More »Selling ADNOC Gas shares one hour after the offering
Shares of the “ADNOC Gas” company were sold in the first hour of the start of the public subscription period, worth two billion dollars, on Thursday, a source close to the company told AFP. “Investors bought all the offered shares within an hour,” said the source, who asked not to …
Read More »Japanese stocks fell to their lowest level in 10 months
Tokyo, January 4: Japanese stock indices fell at the end of today’s trading, towards their lowest levels in 10 months since mid-March. The Nikkei index on the Tokyo Stock Exchange closed down by 1.45 percent, equivalent to 377.64 points, to close at 25,716.86 points. The broader Topix index fell by …
Read More »Quiet trading on local stocks and liquidity at 1.2 billion dirhams
Abu Dhabi on December 29 / The local stock markets witnessed quiet trading at the end of today’s session, with the end of the current year 2022 approaching, while it attracted liquidity of more than 1.2 billion dirhams, with its main concentration in real estate, financial and banking stocks. The …
Read More »Japanese stocks fell to their lowest level in two and a half months
Tokyo on December 23 / Japanese stock indices fell at the end of today’s trading, to fall again towards their lowest levels in two and a half months. The Nikkei index on the Tokyo Stock Exchange rose 1.03 percent, equivalent to 272.62 points, to close at 26,235.25 points. The broader …
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