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02:38 PM DFM closes Thursday up; ADX ends session lower
UAE – Mubasher: The main index of Dubai Financial Market (DFM) ended Thursday’s trading session higher by 18.45 points (0.42%) at 4,364.87 points. A total of 96.06 million shares were exchanged during the session at a value of AED 320 million. …
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11 September 02:37 PM UAE stock markets end Wednesday’s session down
UAE – Mubasher: The main index of Dubai Financial Market (DFM) fell by 41.06 points (0.93%) and closed Wednesday’s trading session at 4,387.48 points. A total of 179.25 million shares were exchanged during the session at a value of AED 388.58 …
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10 September 02:28 PM UAE stock markets close Tuesday in green
UAE – Mubasher: The main index of Dubai Financial Market (DFM) gained 28.36 points (0.65%) on Tuesday and ended the trading session at 4,387.48 points. A total of 122.31 million shares were exchanged during the session at a value of AED 324.37 …
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9 September 05:35 PM Sahm Capital’s system captures complete trading cycle – Chairman Chou at 24 Fintech
Riyadh – Mubasher: Sahm Capital has proven its position as the first brokerage on the Saudi Exchange (Tadawul) to carry out a proprietary Settlement & Clearing System. Chairman of Sahm Capital and Chief Strategy Officer of Valuable Capital Group …
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9 September 02:35 PM DFM, ADX collectively fall on Monday
UAE – Mubasher: The main index of Dubai Financial Market (DFM) fell by 13.75 points (0.31%) on Monday and closed the trading session at 4,359.12 points. A total of 139.55 million shares were exchanged during the session at a value of AED 291.31 …
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8 September 10:47 AM NMDC Energy’s IPO attracts gross demand of AED 88bn
Abu Dhabi – Mubasher: National Marine Dredging Company (NMDC) has closed the initial public offering (IPO) of NMDC Energy, which was oversubscribed by 31.3 excluding cornerstone. The offering attracted investor interest, generating a total gross …
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29 August 02:32 PM UAE stock markets close Thursday with varied performance
UAE – Mubasher: The main index of Dubai Financial Market (DFM) ended Thursday’s trading session higher by 10.06 points (0.23%) at 4,334.26 points. A total of 141.49 million shares were exchanged during the session at a value of AED 305.97 million. …
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29 August 01:31 PM NMDC Energy obtains regulatory nod for IPO on ADX
Abu Dhabi – Mubasher: National Marine Dredging Company (NMDC) has received approval from the Securities and Commodities Authority (SCA) and the Abu Dhabi Securities Exchange (ADX) to proceed with an Initial Public Offering (IPO) of a portion of …
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27 August 02:32 PM DFM closes Tuesday’s session up; ADX down
UAE – Mubasher: The main index of Dubai Financial Market (DFM) gained 18.47 points (0.42%) on Tuesday and ended the trading session at 4,343.22 points. A total of 244.56 million shares were exchanged during the session at a value of AED 406.61 …
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26 August 02:30 PM DFM, ADX end Monday’s trading session mixed
UAE – Mubasher: The main index of Dubai Financial Market (DFM) ended Monday’s trading session higher by 32.08 points (0.74%) at 4,324.75 points. A total of 169.57 million shares were exchanged during the session at a value of AED 292.12 million. …
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26 August 09:34 AM UAE non-oil foreign trade surges to AED 1.3trn in H1-24
UAE – Mubasher:  The UAE’s non-oil foreign trade hit AED 1.39 trillion in the first half (H1) of 2024, with a 25% growth in non-oil exports. Mohammed bin Rashid Al Maktoum, Prime Minister and Ruler of Dubai, affirmed that the UAE continues to …
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22 August 03:09 PM UAE stock markets end Thursday’s trading session higher
UAE – Mubasher: The main index of Dubai Financial Market (DFM) gained 14.18 points (0.33%) on Thursday and ended the trading session higher at 4,309.08 points. A total of 375.27 million shares were exchanged during the session at a value of AED …
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21 August 02:58 PM UAE stock markets close Wednesday with collective rise
UAE – Mubasher: The main index of Dubai Financial Market (DFM) ended Wednesday’s trading session higher by 40.03 points (0.94%) at 4,294.90 points. A total of 190.25 million shares were exchanged during the session at a value of AED 429.07 …
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21 August 10:03 AM Abu Dhabi Chamber unveils 24% increase in certificates of origin issuance
UAE – Mubasher: The Abu Dhabi Chamber of Commerce and Industry highlighted a 23.80% year-on-year (YoY) rise in the number of certificates of origin issued in the January- May 2024 period.  In cooperation with Etihad Credit Insurance (ECI), the Abu …
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8 August 02:52 PM UAE stock markets close Thursday with varied performance
UAE – Mubasher: The benchmark index DFMGI of Dubai Financial Market (DFM) fell by 1.73 points (0.04%) on Thursday, closing the session at 4,195.94 points. A total of 158.17 million shares were traded at a turnover worth AED 474.79 million. …
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7 August 03:42 PM DFMGI, FADGI close Wednesday’s session higher
UAE – Mubasher: The benchmark index DFMGI of Dubai Financial Market (DFM) rose by 60.35 points (1.45%) to close Wednesday’s session at 4,197.67 points. A total of 232.78 million shares were traded, generating a turnover of AED 478.45 million. …
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6 August 03:02 PM UAE stock markets close Tuesday in green zone
UAE – Mubasher: The benchmark index DFMGI of Dubai Financial Market (DFM) added 91.42 points (2.26%) at the end of Tuesday’s session to close at 4,137.32 points. A total of 323.49 million shares were exchanged at a trading value of AED 718.42 …
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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 …