Arab Today, arab today dfm adx indexes post marginal gains
Last Updated : GMT 17:52:32
Arab Today, arab today
Arab Today, arab today

DFM, ADX indexes post marginal gains

Arab Today, arab today

Arab Today, arab today DFM, ADX indexes post marginal gains

Dubai - Arabstoday

The Dubai Financial Market (DFM) index’s consolidation in the positive territory continued yesterday although the volume of trade fell ahead of Eid holidays due to lack of catalysts. The Dubai market, of late, has been taking its direction from the sentiments prevailing on the global financial markets that have been bullish in the anticipation central banks around the world would ease their monetary policy in order to jump-start growth in a flagging world economy, a move which would give boost to riskier assets such as stocks. The DFM index closed at 1,578.98, up 0.09 per cent. Around 95.62 million shares, cumulatively worth about Dh122.34 million were traded on the stock market. Market analysts say the Dubai market is preparing for a post-Ramadan rally. Nearly 9.8 million shares of real estate major Emaar, cumulatively valued at around Dh33.65 million were traded on the market yesterday, its stock closing 0.29 per cent higher at Dh3.47 on value buying by investors.Of the 25 company stocks traded yesterday, 11 rose, while 12 fell and 2 closed unchanged. The day’s top gainer was Dartakaful, its stock rising 4.53 per cent to close at Dh0.646. GGICO was the day’s main loser, its shares fell 8.12 per cent to close at Dh0.317. The shares of Drake & Scull Int were the most traded by value and volume. The Abu Dhabi Securities Exchange (ADX) general index continued its gaining spree yesterday, although the gains were marginal as major investors stayed away due to lack of catalysts. The market’s confidence in recent weeks has got a boost from an improved global risk appetite towards riskier assets and higher international oil prices. The ADX general index closed on Wednesday at 2,556.96, up 0.13 per cent led by gains in energy, banking and telecommunication stocks However, decline in real estate shares pared the index’s gains.On Wednesday, around 45.16 million shares, cumulatively worth about Dh96.43 million were traded on the Abu Dhabi stock market, which was higher than Tuesday. Of the 26 company stocks traded, only 6 advanced, while 4 declined and 16 closed unchanged. Market analysts say the Abu Dhabi market looks set for a post-Ramadan rally as investors have built up their positions. The stock of Abu Dhabi’s real estate major Aldar Properties closed unchanged at Dh1.26. Sorouh Real Estate’s shares also closed unchanged at Dh1.09. About 7.89 million shares of Aldar, cumulatively worth about Dh9.91 million changed hands on the market. The top gainer on the Abu Dhabi market on Wednesday was Ras Al Khaimah Ceramic Co., its shares closing 7.48 per cent higher at Dh1.15. Gulf Cement Co. was the day’s top loser, its stock closing 9.71 per cent lower at Dh0.93. The shares of Ras Al Khaimah White Cement were the most traded in terms of value and volume. from;gulfnews

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today dfm adx indexes post marginal gains Arab Today, arab today dfm adx indexes post marginal gains

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today dfm adx indexes post marginal gains Arab Today, arab today dfm adx indexes post marginal gains

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: أسواق مالية
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Girl barred from Malaysia chess competition

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday