about

News

News

Suspend trading on ARMX shares

04-January-2018

Suspend trading on ARMX shares starting from 10:00 AM as its BOD meeting is being held today, 04/01/2018 and until results are disclosed...

View More
News

Property stocks see buying on Dubai bourse, bucking regional trend Insurance stocks active after reports of stake sale in Abu Dhabi insurance firm

12-September-2017

Marginal buying was witnessed in property stocks on the Dubai bourse on expectations of new projects and real estate demand from the annual Cityscape event, which helped the gauge to...

View More
News

Dubai shows bullish signs with Abu Dhabi lagging A breakout above the swing high would be the bullish scenario

10-September-2017

Last week the Dubai Financial Market General Index (DFMGI) was relatively flat, up only 6.76 or 0.19 per cent to end at 3,644.31. As was the...

View More
News

UAE indices hamstrung by low volumes DFM edges lower after oscillating in tight range while ADX stays steady

07-September-2017

The Dubai Financial Market (DFM) General Index edged lower yesterday after moving in a tight intra-day range, mirroring trends in the most actively traded stocks, while the Abu Dhabi index...

View More
News

Dana Gas makes up for dull day on UAE bourses Energy firm’s shares up 14% after it reaches settlement with Kurdistan; UAE markets closed mixed amid low trade volumes

06-September-2017

Dana Gas shares jumped 14 per cent on Monday after the company reached an agreement with the Kurdistan government on payments.Dana Gas shares closed at the intra-day high of...

View More
News

DFM index flat as North Korean missile rattles Asia Trade values remain low in UAE amid lack of catalysts

30-August-2017

The UAE’s equity markets were calm on Tuesday even as stocks across Europe and Asia were rattled by news that North Korea successfully fired a ballistic missile over Japan.The...

View More
News

Lack of catalysts keeping trade values low in UAE

24-August-2017

The UAE’s equity markets remained in a relative lull on Wednesday with weak trading volumes and little movement in the main indices.The Dubai Financial Market (DFM) index inched up...

View More
News

Small stocks lose charm on UAE bourses The stocks were responsible for a huge spike-up in traded value last yea

23-August-2017

Stocks like Gulf Finance House (GFH), Shuaa Capital, Eshraq Properties, and Dana Gas, once darling of traders, have lost its sheen as trading value has tumbled along with the stock...

View More
News

Dubai index mixed as blue chips lag small stocks

22-August-2017

Dubai index witnessed mixed trade due to lagging blue chips even as small stocks gained.The Dubai Financial Market General Index closed 0.56 per cent lower at 3,595...

View More
News

Non-stop buying seen in Union Properties in firm Dubai market

21-August-2017

Traders were seen accumulating shares of Union Properties on Sunday, continuing a trend seen last week,Union Properties despite registering a loss in the first quarter has gained 16 per...

View More
News

Arabtec, GFH see pull back in steady Dubai market

17-August-2017

Arabtec, Gulf Finance House witnessed recovery on Wednesday as the share prices reached a key support level.Arabtec closed 2.48 per cent higher at Dh3.31. Gulf Finance House...

View More
News

ADX achieves 99% in disclosure compliance in 2nd quarter

17-August-2017

Abu Dhabi Securities Exchange (ADX) said it has succeeded in achieving a compliance rate of 99 per cent regarding the disclosure of the second quarter financial statements of its listed...

View More
News

DFM achieves 100% compliance on results disclosure

16-August-2017

62 UAE public and private joint stock companies, as well as dually-listed companies in complianceDubai Financial Market (DFM) said its listed companies have recorded a 100 per cent compliance regarding...

View More
News

GFH shares end limit down despite strong results

15-August-2017

All eyes on reaction to Emaar Properties after posting 14 per cent rise in second quarter net profitGulf Finance House closed at its lower limit despite record 400 per cent...

View More
News

UAE indices fall in line with global markets Though traded volume remained mild

14-August-2017

UAE indices fell nearly 1 per cent on Sunday in line with overseas markets as traders resorted to mild profit-taking.... The Dubai Financial Market General Index closed 0.93 per...

View More
News

UAE markets take a rest Over the past few weeks the general outlook for the index had started to improve

13-August-2017

Last week the Dubai Financial Market General Index (DFMGI) fell by 27.79 or 0.76 per cent to end at 3,647.33, its first decline in six weeks...

View More
News

Air Arabia bucks trend in weak Dubai index

09-August-2017

Among the losers were property majors like Damac Properties, Union Properties and Emaar Properties The Dubai index witnessed sideways trend on Tuesday due to lack of interest in bluechips, even...

View More
News

Damac’s board meeting on August 13

09-August-2017

Damac Properties said on Tuesday that its board will meet on August 13 to discuss and approve second quarter results. Damac Properties’ net profits slipped below Dh1 billion to Dh880...

View More
News

Eshraq Properties swings to net profit in second quarter

08-August-2017

Eshraq Properties said on Monday it swung into net profit in the second quarter to June despite a fall in revenues. Eshraq Properties recorded a net profit of Dh636,000...

View More
News

Amlak swings to net profit in second quarter

08-August-2017

Amlak Finance, a specialised real estate financier, has reported a net profit of Dh8.1 million for the second quarter of 2017 — compared to a loss of Dh35.5...

View More
News

Dubai stocks see mild profit-taking

08-August-2017

Mild profit-taking weighed on a few Dubai stocks on Monday but Damac Properties bucked the trend to end higher. The Dubai Financial Market (DFM) General Index slipped 0.21 per...

View More
News

Institutional investors pour Dh254m into Abu Dhabi Exchange

08-August-2017

Net institutional investments in July reached Dh254.5 million on the Abu Dhabi Securities Exchange, while net foreign investment during the same month stood around Dh26 million, official figures show...

View More
News

Agility’s second-quarter net profit jumps 12% Infrastructure group was the primary driver of logistics provider’s performance, CEO says

07-August-2017

Global logistics provider Agility posted a 12.1 per cent increase in net profit in the second quarter of 2017. The firm’s second-quarter net profit reached 16.8 million Kuwaiti...

View More
News

Arabtec Construction has been Awarded an AED 363 million contract for Dubai South Mall

07-August-2017

Arabtec Construction has been awarded this project by the Joint Venture between Emaar Properties PJSC and Dubai World Trade Centre. The Dubai South Mall will have a built up area...

View More
News

Buying in blue chip triggers late recovery in Dubai index

03-August-2017

Abu Dhabi index with 1% gains leads regional bourses Emaar Properties witnessed buying in the last hour of trade, triggering a recovery in the Dubai index. The Abu Dhabi index...

View More
News

Select buying on DFM as outlook positive

02-August-2017

The Dubai index with an 8 per cent gains, has been the best regional performer so far in the year Traders bought select stocks on the Dubai bourse on Tuesday...

View More
News

Dubai index struggles to breach key barrier

01-August-2017

The Dubai Financial Market General index closed 0.08 per cent higher at 3,608.88.The Dubai index tried to breach resistance of 3,620, after moving in the...

View More
News

Agility’s board to meet on August 3

01-August-2017

Warehousing firm Agility said on Monday it’s board will meet on August 3 to discuss and approve the second quarter to June results.The company said this in a statement...

View More
News

SHUAA CAPITAL BUYS STAKE IN AMWAL INTERNATIONAL

01-August-2017

Shuaa Capital said on Monday it has acquired an 8 per cent stake in Kuwait-based Amwal International Investment for an undisclosed sum. Shuaa now owns 14.49 million shares in...

View More
News

Bluechip propels Dubai index to 4 month high

01-August-2017

Emaar Properties, with the highest weightage on the gauge, hit a new 52 week highBuying in Emaar Properties and Dubai Islamic Bank propelled Dubai index to its highest level in...

View More
© 2017 Delma Brokerage. All Rights Reserved boostmybusinessonline