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 11:06 2017 Saturday ,22 April
Cases of Hepatitis B and C Hit 325m
GMT 11:42 2017 Monday ,10 April
Garcia takes golf major title at last with Masters win
GMT 09:49 2017 Saturday ,16 September
Kazem Al Saher reveals his granddaughter’s gift
GMT 12:08 2017 Monday ,10 July
World's 'oldest' hippo dies at Philippine zoo
GMT 14:08 2017 Friday ,08 September
Haftar will not attend African Union exceptional summit
GMT 18:55 2017 Friday ,21 April
Ministry of Energy unveils logo of World Energy Congress 2019
GMT 10:03 2017 Wednesday ,21 June
European stocks climb on coat-tails of Wall Street
GMT 15:49 2017 Tuesday ,31 October
BP profits rise as oil prices recover
GMT 09:32 2017 Sunday ,05 November
Nicole Scherzinger unveils debut fragrance Chosen
GMT 13:50 2015 Friday ,30 October
2 British vessels rescue over 540 migrants
GMT 19:41 2017 Sunday ,17 December
Libya’s Haftar announces end of Skhirat Agreement
GMT 08:59 2017 Tuesday ,15 August
Uber board spat over ex-chief Kalanick goes public
GMT 12:15 2017 Friday ,03 November
Roaming male mammoths often fell
GMT 00:38 2017 Monday ,09 October
Royal praise of Bahraini women's advancement lauded
GMT 19:13 2017 Monday ,24 April
Hitman files case against Duterte at ICC over 'crimes against humanity'
GMT 13:36 2017 Sunday ,13 August
Mueller seeks interview with ex-White House top aide
GMT 10:54 2017 Wednesday ,06 September
Spain hit Liechtenstein for eight again
GMT 14:34 2017 Tuesday ,05 December
Jordan sentences Syrian to hang over border bombing
GMT 21:50 2014 Sunday ,07 September
Kuwaiti economists hope CMA boosts domestic, foreign investments
GMT 20:24 2017 Thursday ,26 October
Baghdad dismisses Kurd offer to freeze independence vote
GMT 14:49 2017 Thursday ,26 October
Asia faces air travel infrastructure 'crisis': IATA
GMT 09:52 2018 Thursday ,18 January
The dangerous entanglements of Idlib and Afrin
GMT 11:00 2017 Monday ,31 July
Houthi targeted Mokha Port with remote-controlled bombed boat
GMT 13:31 2015 Tuesday ,07 July
Senior CPC official meets Zimbabwean vice president
GMT 07:58 2017 Monday ,16 October
Clashes between Iraqi, Kurdish troops close to Kirkuk city
GMT 08:11 2017 Sunday ,31 December
Arise, Sir Ringo: Starr and Barry Gibb knighted
GMT 11:17 2017 Tuesday ,26 September
Juventus president banned for year over illegal ticket sales
GMT 22:07 2017 Thursday ,17 August
Fatality in house explosion linked to Barcelona attack: police
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 ©
