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1 August 02:27 PM UAE stock markets close Thursday’s session up
UAE – Mubasher: The main index of Dubai Financial Market (DFM) gained 14.88 points (0.34%) and closed Thursday’s trading session at 4,282.93 points. A total of 267.97 million shares were exchanged during the session at a value of AED 488.80 …
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31 July 02:55 PM UAE’s stock markets end Wednesday in red
UAE – Mubasher: The main index of Dubai Financial Market (DFM) shrank by 15.96 points (0.37%) and closed Wednesday's trading session at 4,268.05 points. A total of 236.82 million shares were exchanged during the session at a value of AED 624.03 …
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31 July 12:24 PM Global gold demand grows 4% YoY in Q2-24 – Report
Mubasher: Global demand for gold rose by 4% year-on-year (YoY) to 1,258 tonnes in the second quarter (Q2) of 2024, according to a report by the World Gold Council (WGC). The growth in demand was driven by a 53% YoY surge in over-the-counter (OTC) …
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30 July 02:47 PM DFM, ADX close Tuesday’s session mixed
UAE – Mubasher: The main index of Dubai Financial Market (DFM) lost 24.48 points (0.56%) and closed Tuesday's trading session at 4,284.01 points. A total of 297.17 million shares were exchanged during the session at a value of AED 672.26 million. …
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29 July 02:31 PM UAE stock markets close Monday in green
UAE – Mubasher: The main index of Dubai Financial Market (DFM) ended Monday’s trading session higher by 28.15 points (0.65%) at 4,308.49 points. A total of 378.47 million shares were exchanged during the session at a value of AED 558.05 million. …
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29 July 12:00 PM Dubai real estate set for record growth in H2-24 – Report
UAE – Mubasher: Dubai's real estate market is poised for significant growth, with over 30,000 residential units expected to be handed off in the second half (H2) of 2024, according to a report by W Capital, a leading real estate brokerage firm in …
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25 July 02:34 PM DFM, ADX close Thursday with collective gains
UAE – Mubasher: The main index of Dubai Financial Market (DFM) gained 9 points (0.21%) on Thursday and ended the trading session at 4,237.65 points. A total of 304.93 million shares were exchanged during the session at a value of AED 546.91 …
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24 July 02:43 PM DFM closes 0.29% higher on Wednesday; ADX rises 0.31%
UAE – Mubasher: The main index of Dubai Financial Market (DFM) ended Wednesday’s trading session higher by 12.50 points (0.29%) at 4,228.65 points. A total of 206.20 million shares were exchanged during the session at a value of AED 382.04 …
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23 July 02:21 PM UAE stock markets close Tuesday mixed
UAE – Mubasher: The main index of Dubai Financial Market (DFM) closed Tuesday’s trading session higher by 37.15 points (0.88%) at 4,216.15 points. A total of 361.75 million shares were exchanged during the session at a value of AED 595.98 million. …
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22 July 02:31 PM UAE stock markets close Monday with varied performance
UAE – Mubasher: The main index of Dubai Financial Market (DFM) lost 1.97 points (0.04%) and ended Monday’s trading session lower at 4,179.00 points. A total of 222.86 million shares were exchanged during the session at a value of AED 331.89 …
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22 July 11:25 AM Pure Health completes Ardent’s IPO on New York Stock Exchange
Abu Dhabi – Mubasher: Pure Health Holding has concluded the initial public offering (IPO) of its subsidiary Ardent Health Partners on the New York Stock Exchange (NYSE). Ardent Health offered 14.30 million shares of its common stock at $16 per …
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21 July 04:52 PM GCC fixed income markets see $75.5bn issuances in H1-24 – Report
Mubasher: Primary debt issuances of bonds and sukuk in the Gulf Cooperation Council (GCC) countries surged to $75.50 billion in the first half (H1) of 2024, marking a 38% year-on-year (YoY) increase from $54.80 billion. Saudi Arabia led the GCC …
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18 July 03:01 PM UAE stock markets close Thursday in green zone
UAE – Mubasher: The benchmark index DFMGI of Dubai Financial Market (DFM) added 37.21 points (0.90%) at the end of Thursday’s session to close at 4,169.17 points. A total of 313.32 million shares were exchanged at a trading value of AED 508.81 …
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17 July 02:58 PM UAE stock markets show positive performance on Wednesday
UAE – Mubasher: The main index DFMGI of Dubai Financial Market (DFM) rose by 22.30 points (0.54%) on Wednesday, closing the session at 4,131.96 points. A total of 234.08 million shares were exchanged at a trading value of AED 350.90 million. Shuaa …
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17 July 10:37 AM ADNOC Drilling selects Al Ramz Capital as liquidity provider
Abu Dhabi – Mubasher: ADNOC Drilling Company has appointed Al Ramz Capital, a subsidiary of Al Ramz Corporation Investment and Development, as a liquidity provider for the company’s shares listed on the Abu Dhabi Securities Exchange (ADX). Under …
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16 July 03:08 PM DFM closes Tuesday in red zone; ADX rises
UAE – Mubasher: The main index DFMGI of Dubai Financial Market (DFM) dropped 4.89 points (0.11%) to close Tuesday’s session at 4,109.66 points. A total of 171.21 million shares were exchanged, generating a turnover of AED 369.68 million. Shuaa …
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15 July 03:04 PM UAE stock markets close Monday in green zone
UAE – Mubasher: The benchmark index DFMGI of Dubai Financial Market (DFM) rose by 10.62 points (0.25%) on Monday, closing the session at 4,114.55 points. A total of 185.20 million shares were exchanged at a turnover of AED 272.11 million. GFH …
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15 July 12:43 PM GCC companies IPO proceeds shrink 32% YoY in H1-24 – Markaz
Mubasher: The GCC raised $3.60 billion through 23 initial public offerings (IPOs) in the first half (H1) of 2024, a 32% year-on-year (YoY) drop from $5.30 billion raised through 21 offerings in the comparative period of 2023, according to a report …
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11 July 02:53 PM UAE stock markets close Thursday in green
UAE – Mubasher: The main index of Dubai Financial Market (DFM) ended Thursday’s trading session higher by 10.76 points (0.26%) at 4,090.98 points. A total of 112.57 million shares were exchanged during the session at a value of AED 227.02 million. …
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11 July 09:55 AM Nasdaq Dubai unveils $2.3bn new Sukuk issuances by Indonesia
UAE – Mubasher: Nasdaq Dubai welcomed three Sukuk issued by Indonesia at a combined value of $2.35 billion, under its $35 billion Trust Certificate Issuance Programme. The new listings reinforce Dubai's position as the world's leading centre for …
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10 July 03:32 PM UAE stock markets close Wednesday in green zone
UAE – Mubasher: The benchmark index DFMGI of Dubai Financial Market (DFM) rose by 1.93 points (0.04%) on Wednesday, closing the session at 4,080.22 points. A total of 106.87 million shares were exchanged at a turnover of AED 260.71 million. Dubai …
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9 July 04:29 PM GCC’s project awards drop 20% YoY in Q2-24 – Report
Mubasher: The GCC saw a notable decline in project awards during the second quarter (Q2) of 2024, with total awards dropping by 19.70% year-on-year (YoY) to $51.70 billion from $64.30 billion in the same period last year. This downturn was …
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9 July 02:32 PM DFM closes Tuesday down; ADX up
UAE – Mubasher: The main index of Dubai Financial Market (DFM) lost 3.67 points (0.09%) and ended Tuesday's trading session lower at 4,078.29 points. A total of 115.65 million shares were exchanged during the session at a value of AED 274.95 …
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8 July 02:33 PM UAE stock markets show mixed performance on Monday
UAE – Mubasher: The main index of Dubai Financial Market (DFM) closed Monday’s trading session higher by 11.72 points (0.28%) at 4,081.96 points. A total of 178.01 million shares were exchanged during the session at a value of AED 251.99 million. …
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8 July 11:46 AM Saudi Arabia ranks 3rd in EMEA 5G download speeds – Opensignal
Riyadh – Mubasher: Saudi Arabia held the third position in 5G Download Speed among key markets in the EMEA region, according to a report released by Opensignal. The report highlighted that the Kingdom witnessed a significant improvement in 5G …