Abu Dhabi Stock Market Report: Weekly Recap and Analysis

Abu Dhabi Stock Market Report: Weekly Recap and Analysis

Abu Dhabi: Muhannad Dagher The closing of UAE market indices varied in a week that witnessed recycling of dividend liquidity with the aim of new purchasing positions, especially by foreign investors, in exchange for pressure on shares that were traded without the right to profits. The Dubai market index rose in a week by 0.2% … Read more

Pace of Decline in Abu Dhabi and Dubai Markets: Hossam Abdelnaby

Pace of Decline in Abu Dhabi and Dubai Markets: Hossam Abdelnaby

Hossam Abdelnaby (Abu Dhabi) Local stock market indices reduced the pace of their declines in recent days, starting this week’s trading with good increases at the beginning of trading before closing with acceptable declines of 0.33% for the Abu Dhabi Securities Market index, and a decline of 0.57% for the Dubai Financial Market index. The … Read more

Foreign Investors’ Purchases Drive Growth in Abu Dhabi and Dubai Stock Markets

Foreign Investors’ Purchases Drive Growth in Abu Dhabi and Dubai Stock Markets

Hossam Abdelnaby (Abu Dhabi) Foreign investors continued their purchases in the local stock markets, bringing their net transactions in yesterday’s trading session to 41.32 million dirhams as a result of purchases, including net purchases in the Dubai Financial Market of about 39.35 million dirhams and 1.97 million dirhams net purchases in the Abu Dhabi Securities … Read more

Abu Dhabi: ‘Gulf’ – Q Holding Stock Jumps, Board of Directors to Discuss Merger

Abu Dhabi: ‘Gulf’ – Q Holding Stock Jumps, Board of Directors to Discuss Merger

Abu Dhabi: «Gulf» The share of the “Q Holding” company, listed on the Nomu market within the Abu Dhabi Securities Exchange, jumped, touching the upper limit again, by 14.24%, to reach 3.3 dirhams, during the middle of Monday’s session. The stock recorded strong liquidity, with transactions amounting to about 120.7 million dirhams. The company’s board … Read more

Borouge Denies Merger Rumors with Borealis: Abu Dhabi News

Borouge Denies Merger Rumors with Borealis: Abu Dhabi News

Abu Dhabi: «Gulf» Borouge, listed on the Abu Dhabi Stock Exchange, denied the news that was published in Bloomberg on July 4, regarding negotiations to merge the businesses of Borouge and Borealis. The company stated, in a late disclosure on the Abu Dhabi Securities Exchange website, that it had no knowledge of the plans of … Read more