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30 November 02:22 PM UAE stock markets close Wednesday’s session in green
UAE – Mubasher: The main index of Dubai Financial Market (DFM) gained 19.57 points (0.59%) and ended Wednesday’s trading session at 3,323.96 points. A total of 392.57 million shares were exchanged at a value of AED 781.73 million. Ajman Bank, …
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29 November 02:53 PM DFM closes Tuesday up; ADX ends session lower
UAE – Mubasher: The main index of the Dubai Financial Market (DFM) went up by 17.05 points (0.51%) on Tuesday and ended the trading session at 3,304.39 points. A total of 183.25 million shares were traded at a value of AED 394.86 million. Taaleem …
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29 November 02:26 PM EFG Hermes concludes Taaleem’s IPO at $240m
Cairo - Mubasher: Egyptian Financial Group Hermes Holding’s (EFG Hermes) investment banking division closed advisory as joint arranger and global coordinator on Taaleem Holdings’ initial public offering (IPO) at $240 million. The UAE-based firm …
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24 November 02:24 PM UAE stock markets close Thursday with varied performance
UAE – Mubasher: The main index of the Dubai Financial Market (DFM) ended Thursday’s trading session lower by 0.88 points (0.02%) at 3,325.33 points. The turnover amounted to AED 256.30 million through the exchange of 180.37 million shares. Gulf …
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23 November 03:18 PM DFM launches new general index
Dubai - Mubasher: Dubai Financial Market (DFM) has launched its new general index culminating the successful accomplishment of a comprehensive transformation of its indices’ methodology. The developed indices provide various market participants …
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23 November 02:20 PM DFM closes Wednesday down; ADX up
UAE – Mubasher: The main index of the Dubai Financial Market (DFM) fell by 3.88 points (0.11%) on Wednesday and ended the trading session at 3,326.21 points. A total of 157.59 million shares were exchanged at a value of AED 248.06 million. Emaar …
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17 November 02:20 PM DFM, ADX close Thursday with negative performance
UAE – Mubasher: The main index of the Dubai Financial Market (DFM) ended Thursday’s trading session lower by 10.77 points (0.32%) at 3,333.54 points. The turnover reached AED 470.86 million through the exchange of 371.97 million shares. Emirates …
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16 November 02:44 PM UAE stock markets end Wednesday’s trading session lower
UAE – Mubasher: The main index of the Dubai Financial Market (DFM) closed Wednesday’s trading session in the red zone at 3,344.31 points after losing 29.56 points (0.87%). A total of 211.30 million shares were exchanged during the session at a …
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15 November 02:50 PM UAE stock markets close Tuesday’s session in red zone
UAE – Mubasher: The main index of Dubai Financial Market (DFM) lost 20.51 points (0.60%) to close Tuesday’s session at 3,373.87 points. A total of 466.04 million shares were exchanged at a value of AED 803.26 million. National Cement Company was …
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14 November 02:30 PM UAE stock markets close Monday in red zone
UAE – Mubasher: The main index of the Dubai Financial Market (DFM) ended Monday’s trading session in the red zone at 3,394.38 points after losing 12.93 points (0.37%) The turnover stood at AED 282.87 million through the exchange of 123.51 million …
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10 November 07:04 PM ADX derivatives market announces AED 1bn in trades
Abu Dhabi – Mubasher: The derivatives market of the Abu Dhabi Securities Exchange (ADX) has recorded AED 1 billion in traded value during the first year of its launch. More than 1 million contracts were traded with over 100% above peers in the …
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10 November 02:23 PM DFM, ADX close Thursday on mixed note
UAE – Mubasher: The main index of the Dubai Financial Market (DFM) went down by 0.93 points (0.02%) on Thursday to close the trading session in the red zone at 3,384.14 points. A total of 145.81 million shares were exchanged at a value of AED …
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9 November 02:19 PM UAE stock markets end Wednesday’s trading session higher
UAE – Mubasher: The main index of the Dubai Financial Market (DFM) gained 0.73 points (0.02%) on Wednesday and closed the trading session on a positive note at 3,385.07 points. A total of 125.37 million shares were exchanged at a value of AED …
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8 November 02:25 PM DFM ends Tuesday’s trading session up; ADX down
UAE – Mubasher: The main index of the Dubai Financial Market (DFM) closed Tuesday’s trading session higher by 5.43 points (0.16%) at 3,384.34 points. A total of 176.10 million shares were exchanged at a value of AED 334.88 million. Takaful Emarat …
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7 November 02:27 PM UAE stock markets close Monday in green zone
UAE – Mubasher: The main index of the Dubai Financial Market (DFM) ended Monday’s trading session in the green zone at 3,378.91 points after gaining 28.44 points (0.84%) The turnover stood at AED 436.54 million through the exchange of 187.04 …
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7 November 12:55 PM UAE’s October PMI rise to 56.6; firms post strongest growth in 11 months
UAE - Mubasher: The UAE’s seasonally adjusted Purchasing Managers' Index (PMI) increased to 56.6 in October 2022 from 56.1 last September, lower than August's over-three-year high of 56.7. The index signalled another powerful improvement in the …
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3 November 05:03 PM GCC firms' solid balance sheets ingest higher interest rates – Moody's
Mubasher: Several companies in the GCC region have a strong position to absorb interest-rate hikes which lower businesses' ability to repay debts, Moody's Investors Service stated in a recent report. Moody's predicted that investment-grade …
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3 November 02:25 PM DFM, ADX end Thursday’s trading session lower
UAE – Mubasher: The main index of the Dubai Financial Market (DFM) fell by 18.80 points (0.56%) on Thursday to close the trading session at 3,330.46 points. The turnover reached AED 369.91 million after 143.51 million shares were traded during the …
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2 November 10:00 PM Americana Restaurants mulls dual listing on ADX, Tadawul
Mubasher: Americana Restaurants International plans to proceed with the initial public offering (IPO) to list and trade its shares on the Abu Dhabi Securities Exchange (ADX) and the Saudi Exchange (Tadawul) through a concurrent dual listing …
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2 November 02:26 PM DFM, ADX close Wednesday in green zone
UAE – Mubasher: The main index of the Dubai Financial Market (DFM) ended Wednesday’s trading session higher by 21.96 points (0.66%) at 3,349.26 points. DFM’s turnover reached AED 345.60 million through the exchange of 139.15 million shares. …
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1 November 03:39 PM G42’s unit Bayanat AI commences trading on ADX as 1st firm under tech sector
Abu Dhabi - Mubasher: Bayanat AI, a subsidiary of artificial intelligence (AI) and cloud computing firm G42, started trading its shares on the Abu Dhabi Securities Exchange (ADX) on 31 October 2022. The newly-listed firm began trading under the …
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1 November 02:25 PM UAE stock markets close Tuesday with negative performance
UAE – Mubasher: The main index of the Dubai Financial Market (DFM) ended Tuesday’s trading session lower by 4.46 points (0.13%) at 3,327.30 points. The turnover reached AED 300.75 million after 168.80 million shares were traded during the session. …
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31 October 02:39 PM DFM, ADX end Monday’s trading session mixed
UAE – Mubasher: The main index of the Dubai Financial Market (DFM) closed Monday’s trading session lower by 17.55 points (0.52%) at 3,331.76 points. A total of 128.65 million shares were traded at a value of AED 303.85 million. Al Salam Bank – …
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27 October 02:42 PM DFM, ADX close Thursday on positive note
UAE – Mubasher: The main index of the Dubai Financial Market (DFM) ended Thursday’s trading session higher by 21 points (0.62%) at 3,366.97 points. DFM’s turnover reached AED 279.66 million after 97.27 million shares were traded during the …
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27 October 10:10 AM DFM welcomes Switzerland’s leading online bank “Swissquote”
Dubai - Mubasher: Dubai Financial Market (DFM) welcomed Swissquote Bank Ltd, Switzerland’s leading online bank, an endeavour to allow its clients’ access to DFM-listed securities as of 25 October 2022. The move is part of DFM’s constant efforts to …