Wednesday, June 30, 2010 5:34 pm
DFM ended 1.35% lower at 1,461.80 points. On a year-to-date basis the DFM (down 18.95%) posted the largest decline in the GCC. Those who invested in Emaar Properties at the beginning of 2010 lost twenty percent of their capital. ADX ended 0.69% lower at 2,514.01 points. During the first six months of 2010, the ADX [...]
Monday, June 28, 2010 11:41 pm
NASDAQ Dubai has announced that all trading of its listed equities will take place through the X-Stream trading platform of Dubai Financial Market (DFM), starting on Sunday 11 July 2010, subject to final regulatory approval. The current Foreign Exchange and Gold rates are: . Forex Rates (AED) Currency Buy Sell [...]
Thursday, June 24, 2010 3:44 pm
The DFM Index opened to grow but lost momentum and stabilized only during the last two hours of trading, ending 0.79% lower at 1,538.98 points. Shares of the DFM itself declined by 1.27%, closing at Dhs1.55. The ADX General Index ended the day after a dull trading session up 0.08% at 2,553.44 points. Shares of [...]
Tuesday, June 22, 2010 4:42 pm
Dubai Financial Market (DFM) closed 1.37% lower today at 1,542.07 points. Negative inputs from U. S. and Asian markets influenced traders’ decisions. Financial and Real Estate firms were the top declining sectors. The ADX General Index slipped today by 0.43% and closed at 2,551.06 points. Energy bellwether Taqa closed unchanged at Dhs1.09. Shares of Aabar [...]
Sunday, June 20, 2010 4:27 pm
Gold firmed to near a one-week high on Thursday as the euro struggled to sustain gains and shares slipped on uncertainty over the pace of economic recovery in the United States. Gold held within reach of record highs in Europe on Friday, supported by haven demand against a backdrop of persistent sovereign risk in Europe [...]
Thursday, June 17, 2010 11:02 am
While most GCC markets rebounded on Wednesday, the Dubai Financial Market (DFM) slipped below 1,500 number and closed 0.98% lower at 1,487.93 points. The top construction and real estate shares including market heavyweights Emaar Properties (down 2.27% at Dhs3.01) and Arabtec (2.63% lower at Dhs1.85) wiped out all hopes for a recovery as a reaction [...]
Sunday, June 13, 2010 6:10 pm
Dubai’s jewelry trader Damas surged up by 13.1% and closed at $0.19 today. Boosted by a rising confidence among business leaders, the Dubai Financial Market (DFM) closed 0.94% higher at 1,528.40 points today. Even the Abu Dhabi Securities Exchange ADX joined most of the GCC markets by showing a positive debut of the new week [...]
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