Selective buying spree targeting blue chips drives UAE stock markets
Selective buying spree targeting blue chips drives UAE stock markets
Abu Dhabi - WAM
Amidst a spree of selective purchases targeting blue chips on UAE stock markets, Emaar closed on a high note of AED8.65, securing gains of 2.2 percent since the property giant's launch of a new project recently.
The company's positive performance propelled the DFM General Index which grew by 0.49 percent, closing high at 3642 points, with ADX General Index closing slightly down 0.48 percent at 4457 points following a streak of profit booking.
Benefiting from the upbeat sentiments, Damac rose to AED3.98, Al Diar to 52 fils, and Dubai Investments to AED2.35, and du to AED5.55.
NBAD was the best performing in the capital's bourse, wooing transactions of more than AED341 million, albeit closing down to AED10.30.
In the meantime, most of the dual-listed companies held decent gains, with GFH rising 2.2 percent to AED1.84, Alsalam-Bahrain Bank to AED0.917 and Hits Telecom to AED0.537.
A total of 3433 transactions worth AED615 million were conducted at the end of the day over 257 million shares.
Out of 60 trading companies, 21 firms closed high, 24 down and 15 at their last traded prices.
- Sunday ,22 October GMT 17:58 2017 Egypt says Bahrain, Kuwait and UAE to lift ban on its agriculture exports
- Wednesday ,11 October GMT 20:41 2017 Saudi livestock firm SALIC in Dh5 billion joint venture with UAE’s Al Dahra
GMT 17:58 2017 Sunday ,22 October
Egypt says Bahrain, Kuwait and UAE to lift ban on its agriculture exportsGMT 07:12 2017 Tuesday ,17 October
Dubai diamond chief warns VAT will lead to business exodusGMT 18:18 2017 Sunday ,15 October
Battle for Saudi e-commerce market beginsGMT 20:41 2017 Wednesday ,11 October
Saudi livestock firm SALIC in Dh5 billion joint venture with UAE’s Al DahraGMT 00:47 2017 Tuesday ,10 October
Saudi Arabia’s brand valuation soars by 19%
In The Swiss Alps
Five things to know about Davos
Davos - Muslimchronicle
With the World Economic Forum kicking off in earnest on Tuesday, AFP presents a guide to the week-long event in the Swiss Alps. - WHAT IS ‘DAVOS‘? - Davos is shorthand forfighting hate speech
Instagram, Google+ join EU group
Brussels - Muslimchronicle
Facebook's Instagram and the Google+ social network have agreed to join an EU-sponsored group of US internet giants to combat online extremism, EU officials said Friday. EU officials added that
At Sports Court
Russians challenge doping ban
Geneva - Muslimchronicle
Dozens of Russian athletes banned by the International Olympic Committee for life over doping began an appeal against their suspension on Monday at the world's top sports court. The week-long hearing at the Court of Arbitration for Sport (CAS) includesIn New Aid For War-Torn Yemen
Saudi-led coalition announces $1.5bn
Sanaa - Muslimchronicle
The Saudi-led coalition fighting in Yemen has pledged $1.5bn (£1.1bn) in new humanitarian aid for the country. It will also increase the capacities of Yemeni ports to receive aid and cargo shipments, and set up 17 "safe-passage corridors" for humanitarian groups. ThreeParis show pays homage
To 'eternal style' of late Alaia
Paris - Muslimchronicle
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opened Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led his
GMT 09:22 2017 Wednesday ,09 August
Spieth, McIlroy favored at soggy PGA Championship
GMT 13:27 2017 Sunday ,23 July
Composer Joseph Juha denies stealing song
GMT 09:57 2017 Saturday ,16 December
Raving in Myanmar as EDM conquers Asia's frontiersGMT 08:39 2013 Tuesday ,19 February
Why women’s hands and feet are colder than men’s
GMT 17:34 2017 Friday ,14 July
Kazem Al Saher happy for Mousl’s liberation
GMT 01:24 2017 Tuesday ,01 August
Yemeni man executed for rape, murder of 3-year-old
GMT 09:30 2017 Wednesday ,18 October
Is facial recognition the stuff of sci-fi? Not in China
GMT 12:55 2017 Wednesday ,05 July
Five matches to watch at Wimbledon on day three
GMT 11:48 2017 Thursday ,07 December
India's central bank holds rates at seven-year low
GMT 08:57 2017 Tuesday ,14 November
Netanyahu gives priority to security needs in dealing with Syria
GMT 06:57 2015 Thursday ,17 September
Charity helped academics flee Nazis aids Syrians, Iraqis
GMT 23:35 2017 Tuesday ,07 March
Friends, kin remember intellectual Palestinian fighter
GMT 16:37 2017 Wednesday ,14 June
A whole family received martyrdom during raids
GMT 10:59 2017 Tuesday ,22 August
Asylum seekers from US to Canada surged in July
GMT 08:20 2018 Tuesday ,23 January
Sundance debuts dark tale of triplets split at birth
GMT 08:24 2017 Wednesday ,26 July
Google asks US court to block Canadian global delisting order
GMT 09:12 2017 Monday ,06 November
Omani yacht skipper charged with rape in France
GMT 13:54 2017 Wednesday ,26 July
How the Daesh-backed Maute group in Philippines
GMT 22:47 2017 Saturday ,30 September
N. Korea shows 'no indication' they are interested in talks: US ia/dw
GMT 18:01 2017 Tuesday ,26 December
UN envoy in Yemen to seek a political solution in Aden, Sanaa
GMT 12:21 2017 Monday ,10 July
Environment Minister Nicolas Hulot France could close a third of nuclear reactors
GMT 18:05 2017 Saturday ,04 March
Uber deploys secret weapon against undercover regulators worldwide
GMT 15:04 2017 Thursday ,02 November
Assy Al Helani to issue new song soon
GMT 04:06 2017 Sunday ,09 April
Food processing sector supports UAE’s food security, officials say
GMT 09:59 2017 Monday ,27 November
Iraqi army combed over 170 villages between Nineveh & Anbar
GMT 09:52 2017 Thursday ,21 December
Stylist appoints fashion writer
GMT 20:43 2017 Tuesday ,14 March
Haftar forces retake two Libya oil sites
GMT 09:07 2017 Monday ,13 November
Trump rails at Vietnam trade imbalance
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
