amwalalghad :: Arab

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Telecom Egypt   11.48        GMC GROUP FOR INDUSTRIAL COMME   1.29        Modern Company For Water Proof   1.03        Ismailia Misr Poultry   2.45        El Arabia for Investment & Dev   0.34        Pioneers Holding   2.84        Ezz Steel   7.86        Egyptian Real Estate Group   6.85        Rakta Paper Manufacturing   4.39        Orascom Telecom Holding (OT)   3.92        Naeem Holding   0.19        Egyptian Iron & Steel   6.87        Northern Upper Egypt Developme   4.93        Canal Shipping Agencies   7.39        Misr Chemical Industries   5.65        Egyptians Housing Development    1.94        United Arab Shipping   0.43        Universal For Paper and Packag   4.94        Egyptian for Tourism Resorts   0.69        Egyptian Financial Group-Herme   7.42        Orascom Construction Industrie   240.82        Modern Shorouk Printing & Pack   7        Upper Egypt Contracting   0.8        Heliopolis Housing   21.65        Raya Holding For Technology An   4.57        United Housing & Development   8.93        International Agricultural Pro   2.1        Gulf Canadian Real Estate Inve   18.08        Alexandria Pharmaceuticals   45.71        Arab Cotton Ginning   2.46        Egyptian Chemical Industries (   7.26        National Real Estate Bank for    11.84        Six of October Development & I   15.03        National Development Bank   6.72        Oriental Weavers   20.66        Arab Gathering Investment   16.29        Egyptians Abroad for Investmen   2.75        Credit Agricole Egypt   9.04        Palm Hills Development Company   1.61        Remco for Touristic Villages C   2.13        Commercial International Bank    29.87        El Ezz Porcelain (Gemma)   1.9        Egyptian Starch & Glucose   5.4        Arab Real Estate Investment (A   0.41        South Valley Cement   3.12        Citadel Capital - Common Share   2.5        Rowad Tourism (Al Rowad)   5.05        Union National Bank - Egypt "    3.25        Ceramic & Porcelain   2.88        El Nasr Transformers (El Maco)   4.78        Egyptian Media Production City   2.31        GB AUTO   27        Sharkia National Food   3.78        Egyptian Transport (EGYTRANS)   7.85        El Kahera Housing   4.97        El Shams Housing & Urbanizatio   2.45        Egyptian Kuwaiti Holding   0.7        ARAB POLVARA SPINNING & WEAVIN   2.11        Cairo Poultry   8.32        Egyptian Financial & Industria   8        T M G Holding   4.03        Asek Company for Mining - Asco   10.66        Misr Hotels   27        Egyptian Electrical Cables   0.56        Medinet Nasr Housing   22.51        Mena Touristic & Real Estate I   1.21        ELSWEDY CABLES   18        Prime Holding   0.91        Al Arafa Investment And Consul   0.17        Alexandria Spinning & Weaving    0.74        Gharbia Islamic Housing Develo   8.41        General Company For Land Recla   16.6        Alexandria Cement   8.9        Arab Valves Company   0.94        Sidi Kerir Petrochemicals   12.4        TransOceans Tours   0.09        Egyptian for Developing Buildi   6.43        Egyptian Gulf Bank   1.24        Kafr El Zayat Pesticides   18.19        Faisal Islamic Bank of Egypt -   35.1        National company for maize pro   11.86        Delta Construction & Rebuildin   4.03        Zahraa Maadi Investment & Deve   48.25        Samad Misr -EGYFERT   3.52        Egypt for Poultry   1.41        Cairo Development and Investme   11.7        Cairo Pharmaceuticals   20.1        Maridive & oil services   0.9        Suez Canal Bank   3.75        Nile Pharmaceuticals   15.81        The Arab Dairy Products Co. AR   73.85        National Housing for Professio   14.39        El Ahli Investment and Develop   4.87        Egyptian Saudi Finance Bank   10.79        Ismailia National Food Industr   5.16        National Societe Generale Bank   25.52        Acrow Misr   19.16        Alexandria Mineral Oils Compan   63.63        Paper Middle East (Simo)   5.59        Egypt Aluminum   12.31        Giza General Contracting   13.12        Middle Egypt Flour Mills   5.82        Extracted Oils   0.6        Assiut Islamic Trading   4.56        Engineering Industries (ICON)   3.95        North Cairo Mills   15.3        Arab Pharmaceuticals   11.88        Grand Capital   5.38        El Ahram Co. For Printing And    10.68        Minapharm Pharmaceuticals   25.49        El Arabia Engineering Industri   13.52        El Nasr For Manufacturing Agri   9.71        Naeem portfolio and fund Manag   1.7        Faisal Islamic Bank of Egypt -   6.76        Natural Gas & Mining Project (   68.26        Housing & Development Bank   13.95        East Delta Flour Mills   31.5        Orascom Development Holding (A   3.22        Memphis Pharmaceuticals   11.12        Abou Kir Fertilizers   134.23        Delta Insurance   5        Cairo Investment & Real Estate   12.18        Cairo Oils & Soap   12.98        Egyptian Arabian (cmar) Securi   0.36        Egyptian Real Estate Group Bea   15.56        Alexandria Containers and good   85.51        Upper Egypt Flour Mills   45.78        Development & Engineering Cons   9.94        Sinai Cement   15.18        Medical Union Pharmaceuticals   28.01        Torah Cement   24.2        Alexandria New Medical Center   46.55        Export Development Bank of Egy   5.04        Egyptian Company for Mobile Se   92.02        Middle & West Delta Flour Mill   32.7        El Kahera El Watania Investmen   4.18        Mansourah Poultry   12.41        Delta Sugar   11.04        Misr Beni Suef Cement   41.21        Egyptian Satellites (NileSat)   6.14        Cairo Educational Services   17.75        Lecico Egypt   7.55        Sharm Dreams Co. for Tourism I   5.3        General Silos & Storage   10.77        Al Moasher for Programming and   0.66        UTOPIA   5.28        Arab Ceramics (Aracemco)   25.4        Barbary Investment Group ( BIG   0.98        

Money Markets - Arab

Amwal Al Ghad English - 2013-06-27 08:40:39
Qatar's benchmark rose on Wednesday as trading resumed after a one-day holiday during which the emir handed over power to his son in a smooth transition, calming investor nerves. Doha's index climbed 0.9 percent; its biggest one-day gain in two weeks that extended 2013 gains to 10.8 percent. Emir Sheikh Hamad bin Khalifa al-Thani said on Tuesday he was abdicating in favour of his son, Crown Prince Sheikh Tamim. "I am confident that Tamim will put the interest of the nation and its people as his priority and that the happiness of the Qatari people will be his main goal at all times," he said in a speech on Tuesday. "The message from the outgoing emir gave confidence and sent the right political and economic signals," said Yassir Mckee, wealth manager at Al Rayan Financial Brokerage in Doha. "Investors were a bit concerned about the transition." No dramatic change is expected to economic and foreign policies, according to analysts, but Mckee said new cabinet members will give indications of how the country will move ahead with mega-projects in preparation for the 2022 soccer World Cup. More»
Amwal Al Ghad English - 2013-06-23 14:10:41
Dubai’s benchmark stock index tumbled the most in more than a year, led by Emaar Properties PJSC, as concern the U.S. may reduce fiscal stimulus prompted a selloff in emerging markets. Emaar, the builder of the world’s tallest skyscraper, declined to the lowest in two months and Dubai Financial Market, the Persian Gulf’s only publicly traded stock market, slumped 5.8 percent. The DFM General Index retreated 2.6 percent, the most since March 2012, to 2,299.78 at the close in Dubai. Abu Dhabi’s ADX General Index lost 1.9 percent, the most since Dec. 11. Emerging market stocks last week tumbled 5.6 percent, the most in 13 months, as Federal Reserve Chairmen Ben S. Bernanke said June 19 that the U.S. may halt bond purchases by mid-2014. China’s manufacturing is shrinking at a faster pace this month, adding to stresses in the economy and financial system after interbank borrowing costs surged. “Market sentiment is being negatively affected by what’s happening worldwide, especially in emerging-market countries,” Talal Touqan, head of research at Al Ramz Securities LLC, said by phone. “Chinese manufacturing data and news from the U.S. Federal Reserve means sentiment and institutional presence will both be weak in the coming few weeks at least.” More»
Amwal Al Ghad English - 2013-06-13 07:20:47
United Arab Emirates and Qatar bourses climbed on Wednesday after index compiler MSCI said it would include the two countries in its emerging markets benchmark. Egypt tumbled to an 11-month low partly on worries about the possibility of being excluded from the same index. The reclassification by MSCI is seen as an important step in developing the Gulf as a destination for equity investment in the long term. Fund managers estimated the upgrades might draw a fresh $500 million each to the UAE and Qatar when they took effect next May. More importantly, they could help to improve many foreign investors' perception of the Gulf. "This will get some institutional investors from outside the region to lose their inhibitions and in many ways faulty thinking," said Antony Mallis, chief executive officer at Securities & Investment Co (SICO) in Bahrain. Dubai's index rose 1.6 percent, extending its 2013 gains to 47.6 percent. Abu Dhabi's benchmark advanced 2.7 percent, posting its biggest one-day gain since December 2009 and extending its year-to-date rise to 39.1 percent. More»
Amwal Al Ghad English - 2013-06-03 08:36:42
Dubai shares surged to the highest in more then four years after HSBC Holdings Plc (HSBA)said the United Arab Emirates could be upgraded to emerging market status at MSCI Inc. (MSCI) as investor interest in the nation’s assets increases. Dubai Financial Market (DFM), the first stock exchange in the Persian Gulf to sell shares, jumped the most in more than three years. Dubai Investments PJSC (DIC) climbed to the highest in more than four years. The DFM General Index (TA-25) gained 2.7 percent to 2,430, the highest close since November 2008. Abu Dhabi’s index rose 0.8 percent, while Qatar’s QEIndex (KWSEIDX) was little changed. The U.A.E. and Qatar are under consideration for a fifth year for a possible upgrade from frontier market status at MSCI. Both countries could be promoted after they improved market accessibility, HSBC said in a report dated May 31. The reclassification could see about $370 million flowing into the U.A.E. and more than $430 million into Qatar, HSBC said. Indexes by MSCI, which is due to announce its decision June 11, are tracked by investors managing about $7 trillion. More»
Amwal Al Ghad - 2013-05-26 10:02:20
The Qatar Exchange (QE) Index gained 131.72 points, or 1.48%, during the week, to close at 9,048.62 points. Market capitalisation rose by 0.77% to reach QR501.9 billion (bn) as compared to QR498.1bn at the end of the previous week. Of the 42 listed companies, 31 companies ended the week higher, 8 fell and 3 remained unchanged. Qatar Islamic Insurance (QISI) was the best performing stock with a gain of 11.32%; the stock is still down 3.23% year-to-date (YTD). Al Ahli Bank (ABQK) was the top decliner, down 3.51%; the stock is up 12.24% YTD. Weak manufacturing data from China and Fed Chairman Ben Bernanke’s comments on the eventual winding down of bond buybacks put global markets into turmoil. Japan’s Nikkei Index plunged 7.3% on Thursday (May 23) dragging down other Asian equity markets; a contraction in the HSBC China Manufacturing Purchasing Managers’ Index (index fell to a 7-month low of 49.6 in May versus 50.4 in April) also spooked investors. American and European markets were also volatile as Bernanke signaled that the Fed may curb bond buybacks as soon as June but stressed that he was reluctant to act prematurely or aggressively. More»
Amwal Al Ghad English - 2013-05-08 10:29:04
The Dubai Financial Market (DFM)’s General Index advanced to reach at 2,156.34 levels during the first couples of hours trading on Wednesday 08th May 2013, adding 6.61 points or 0.31 percent. Real Estate and Investment & Financial Services sectors appeared at top during this time span, showing a growth of 0.8 percent each. Transportation was the other significant advancer with 0.77 percent.  Advancers outnumbered the decliners with a margin of 15 to 9.  United Foods Company (UFC) topped the chart of gainers’, surging 10.09 percent.  Oman Insurance Company (OIC) led the chart of losers’, dropping 9.92 percent.  Gulf Finance House (GFH) with more than 75.7 million shares dominated the share trading activity. More»
Amwal Al Gahd English - 2013-05-06 08:51:35
Most Gulf markets rose as upbeat sentiment in local fundamentals encouraged renewed buying. UAE bourses rallied, with Dubai’s measure up 1.9 percent to end at a fresh 41-month high. The number of shares changing hands — at 547.9 million — is the highest one-day volume on the index in 14 months. Air Arabia and Dubai Investments jumped 5.8 and 5.7 percent respectively. Sentiment has improved in the emirate as Dubai successfully restructured some of its maturing debts and repaid others, and the two main sectors present on the exchange — real estate and banks — have somewhat recovered from the 2008 financial crisis. Dubai’s government said earlier it had fully repaid AED 3.34 billion ($ 909 million) of bonds which were due on April 23. More»
Amwal Al Gahd English - 2013-05-06 08:49:02
Abu Dhabi Securities Exchange (ADX) took part in the The Fifth Annual Research Symposium in Business and Economics organized by the School of Business and Management of the American University of Sharjah. Mr. Rashed Al Baloushi, CEO of ADX, partook in a panel discussion on Accountability and Transparency. ADX CEO addressed ccorporate transparency in the aftermath of the recent financial scandals worldwide. He also talked about rules and regulations put in place by ADX to improve corporate transparency and how ADX is enforcing these rules. “ADX requires listed companies with securities traded on the exchange to ensure appropriate transparency through a regular flow of information to the markets and to the market participants. This information consists of yearly, half-yearly and quarterly financial information, and on-going information on major holdings of voting rights.” ADX CEO said during his panel discussion. More»
Amwal Al Ghad English - 2013-05-02 09:39:18
The Abu Dhabi Securities Exchange - ADX General Index wavering in the green zone reached at 3,282.31 levels during the first couples of hours trading on Thursday 2nd May 2013. The index added 8.81 points or 0.27 percent. Investment & Financial Services sectors was the key gainer, showing a growth of 9.46 percent. Real Estate followed it with 0.80 percent.  Industrial and Energy sectors turned red, dropping 4.23 percent and 0.03 percent respectively.  The marjet breadth was positive with 14 stocks witnessing advances against 7 declining stocks and the prices of 4 stocks remained unchanged.  Oman Emirates Investment Company (OEIHC) topped the chart of gainers’, surging 14.58 percent.Ras Al Khaimah Ceramics Company (RAKCEC) led the chart of losers’, dropping 9.52 percent. Abu Dhabi Commercial Bank (ADCB) with more than 262.7 million shares dominated the share trading activity on volume basis. More»
Amwal Al Ghad English - 2013-05-02 09:32:56
The Dubai Financial Market (DFM)’s General Index following the typical falling trough peak combination dropped 0.83 percent during the first couple of hours trading on Thursday 2nd May 2013. The index trimmed 17.69 points to reach at 2,118.98. The market breadth was negative as there were 11 advancing companies during this time span against the 14 declining stocks. Investment & Financial Services and Banks sectors performed worst, dropping 3.02 percent and 1.60 percent respectively.  Industrials sector showed a growth of 6.53 percent.  National Cement Company (NCC) topped the chart of gainers’, surging 9.97 percent.  Dubai Islamic Insurance Reinsurance Company (AMAN), on the other hand, topped the chart of losers’, dropping 5.35 percent. More»