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News Analysis

The banking sector declined by 0.88%
21 February 11:22 PM ADX loses 5.2 pts in week
Abu Dhabi – Mubasher: The general index of the Abu Dhabi Securities Exchange (ADX) went down by 5.24 points, or 0.1%, to reach 5,033.15 points in a week. The banking sector declined by 0.88%, while the energy, telecom, and real estate sectors …
The consumer staples sector added 3.6%
21 February 11:05 PM DFM tacks on 4 pts in week
Dubai – Mubasher: The Dubai Financial Market’s (DFM) general index grew by 3.79 points, or 0.14%, to reach 2,737.51 points in a week. Market capitalisation increased to AED 377.44 billion over the week, compared to AED 377.33 billion in the …
A total of 31.03 million shares were exchanged
20 February 03:36 PM ADX down on Thursday; market cap reaches AED 528bn
Abu Dhabi – Mubasher: The main index of Abu Dhabi Securities Exchange (ADX) closed Thursday’s trading session at 5,033.15 points, down 0.80% or 40.67 points, unlike its upward performance on Wednesday, 19 February. A total of 31.03 million shares …
The market cap value increased by around AED 1.82bn
20 February 03:29 PM DFM up on Thursday amid higher market cap
Dubai – Mubasher: The benchmark of Dubai Financial Market (DFM) went up by 0.35% or 9.46 points to 2,737.51 points by the end of Thursday’s trading session, unlike its downward performance on Wednesday, 19 February. A total of 95.43 million shares …
A total of 121.35 million shares were exchanged
19 February 03:02 PM ADX up on Wednesday; market cap records AED 531.98bn
Abu Dhabi – Mubasher: The main index of Abu Dhabi Securities (ADX) closed Wednesday’s trading session at 5,073.82 points, up 0.36% or 18.09 points, unlike its downward performance on Tuesday, 18 February. A total of 121.35 million shares were …
The market cap value retreated by around AED 1.67bn
19 February 02:43 PM DFM maintains negative performance on Wednesday
Dubai – Mubasher: The benchmark index of Dubai Financial Market (DFM) declined by 0.77% or 21.19 points to 2,728.05 points by the end of Wednesday’s trading session, maintaining its downward performance on Tuesday, 19 February. A total of 141.73 …
KIZAD is expected to attract AED 300m investments
18 February 01:43 PM KIZAD attracts AED 4.4bn food investments
UAE – Mubasher: The total value of food investments at Khalifa Industrial Zone Abu Dhabi (KIZAD) amounted to AED 4.4 billion. KIZAD is expected to attract new investments at a value of around AED 300 million in 2020, compared to around AED 150 …
Revenues slipped by 17.6% YoY in 10M-19/20
18 February 09:52 AM Kuwaiti oil revenues drop to KWD 13bn in 10M
Mubasher: Kuwait’s oil revenues amounted to KWD 13.07 billion ($42.97 billion) in the first 10 months of fiscal year 2019/2020, down by 17.64% year-on-year (YoY) from KWD 15.87 billion ($52.17 billion) Oil revenues in Kuwait accounted for 94.2% of …
Abu Dhabi encourages local and foreign investors to initiate their industrial businesses
17 February 06:44 PM Abu Dhabi’s industrial facilities grow by over 57% in 2019
Abu Dhabi – Mubasher: Abu Dhabi has witnessed s surge of 57% in the number of operating industrial facilities to 66 facilities at a value of AED 6.29 billion in 2019, compared to 42 facilities in 2018. The emirate’s total number of industrial …
DP World will be wholly owned by Port and Free Zone World
17 February 04:26 PM DP World to delist from Nasdaq Dubai on shares acquisition
Dubai – Mubasher: DP World announced its delisting from Nasdaq Dubai after its parent company Port and Free Zone World has offered to acquire the 19.55% of the shares trading on the bourse. At a value of $16.75 per share, an agreement was reached …
The market cap value increased by AED 2.31 billion
17 February 03:18 PM ADX maintains upward performance on Monday
Abu Dhabi – Mubasher: The main index of Abu Dhabi Securities Exchange (ADX) closed Monday’s trading session at 5,082.45 points, up 0.39%, keeping its positive performance for the second session in a row. A total of 41.41 million shares were traded …
The market cap value rose by around AED 470 million
17 February 03:08 PM DFM up on Monday; market cap records AED 378.18bn
Dubai – Mubasher: The benchmark index of Dubai Financial Services (DFM) went up by 0.53% or 14.54 points to 2,749.28 points by the end of Monday’s trading session, maintaining its upward performance on Sunday, 16 February. A total of 263.13 …
A total of 24.6 million shares were exchanged
16 February 03:49 PM ADX up on Sunday; market cap records AED 528.6bn
Abu Dhabi – Mubasher: The main index of Abu Dhabi Securities Exchange (ADX) closed Sunday’s trading session at 5,062.82 points, up 0.5% or 25.36 points, unlike its downward performance on Thursday, 13 February.  through 654 transactions at a value …
Damac Properties led the rising blue chips with 0.78%
16 February 03:44 PM DFM maintains upward performance on Sunday
Dubai – Mubasher: The benchmark index of Dubai Financial Market (DFM) inched up by 0.04% or 1.02 points to 2,734.74 points by the end of Sunday’s trading session, keeping its upward performance for the second session in a row. A total of 93.39 …
Revenue dropped to AED 599 million in 2019
14 February 09:52 PM Takaful Emarat swings to profits in 2019
Dubai – Mubasher: Takaful Emarat – Insurance turned to profitability during the fiscal year 2019, according to a bourse statement. The company reported a net profit of AED 14 million last year, against a net loss of AED 38 million a year earlier. …
The banking sector went down by 0.8%
14 February 09:49 PM DFM loses 36 pts in week; Emaar sheds 3.25%
Dubai – Mubasher: The general index of the Dubai Financial Market (DFM) decreased by 35.86 points, or 1.29%, to 2,733.72 points. The banking sector went down by 0.8% and the real estate dropped 3.4%, while the investment sector grew by 0.6%. Emaar …
The telecom sector lost 1.13%
14 February 09:47 PM Banks weigh on ADX in week
Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange’s (ADX) general index declined by 49.81 points, or 0.97%, to 5,037.46 points in a week, dragged down by the banking sector which shed 1.25%. The telecom sector lost 1.13%, while the real …
A total of 46.76 million shares were traded
13 February 02:47 PM ADX retreats at Thursday's close
Abu Dhabi – Mubasher: The general index of the Abu Dhabi Securities Exchange (ADX) closed Thursday’s trading session at 5,037.46 points, down 0.56%, or 28.23 points, maintaining its negative performance on Wednesday, 12 February. A total of 46.76 …
Photo Archive
13 February 02:30 PM UAE’s petrochem sector obtains AED 23.1bn loans in 2019
UAE – Mubasher: Banks in UAE provided AED 23.1 billion credit facilities to the petrochemical sector in 2019, compared to around AED 19.89 billion in 2018, central bank data shows, Emirates News Agency (WAM) reported. This represented 1.4% of the …
DFMGI closed the week at 2,733.72 points
13 February 02:20 PM DFM up on Thursday; market cap reaches AED 377.33bn
Dubai – Mubasher: The benchmark index of Dubai Financial Market (DFM) inched up by 0.14% or 3.80 points to 2,733.72 points by the end of Thursday’s trading session, recovering some of its losses on Wednesday. A total of 133.29 million shares were …
Saudi Arabia was the top importer with 25%.
13 February 01:01 PM Egypt's furniture regional exports hit $164m in 2019
Cairo – Mubasher: Egypt has exported furniture valued at $265 million in 2019, down by 18% as compared to $324 million in 2018, Middle East News Agency (MENA) reported on Thursday. Exports to Saudi Arabia, the UAE, Oman, Iraq, and Sudan totalled …
ADX's market cap value reached AED 528.30 billion
12 February 03:46 PM ADX down on Wednesday for second consecutive session
Abu Dhabi – Mubasher: The main index of Abu Dhabi Securities Exchange (ADX) closed Wednesday’s trading session at 5,065.6 points, down 0.15% or 7.69 points, keeping its downward performance for the second session in a row. A total of 83.24 million …
GFH Financial Group was the most active stock with 15.67 million shares
12 February 03:39 PM DFM maintains downward performance on Wednesday
Dubai – Mubasher: The benchmark index of Dubai Financial Market (DFM) went down by 0.45% or 12.43 points to 2,729.92 points by the end of Wednesday’s trading session, maintaining its downward performance on Tuesday, 11 February. A total of 114.29 …
Federal Tax Authority (FTA)
11 February 03:52 PM UAE bans tobacco, e-cigarette plugs without digital tax stamps
Abu Dhabi – Mubasher: The UAE Federal Tax Authority (FTA) announced that importing waterpipe tobaccos and electrically heated cigarette plug not marked with digital tax stamps will be prohibited across country as of 1 March 2020. The ban comes as …
First Abu Dhabi Bank (FAB) recorded the highest turnover
11 February 03:04 PM ADX witnesses downward performance on Tuesday
Abu Dhabi – Mubasher: The main index of Abu Dhabi Securities Exchange (ADX) retreated by 0.39% or 20 points to 5,073.38 points by the end of Tuesday’s trading session, unlike its positive performance on Monday, 10 February. A total of 52.39 …