• UAE bourses in the highest performance since 5 years ago

    11/12/2013


    Supported by the recovery of the real estate sector and banks

     UAE bourses in the highest performance since 5 years ago
     


     


    UAE stock offset losses recorded in the first session yesterday, because of profit-taking sales. Where Dubai index climbed 0.05 percent while the Abu Dhabi index rose 0.5 per cent, as ' Reuters '. And the stock exchanges are currently at the highest levels in five years, with the support of the recovery of the property sector and banks, winning Dubai to host the International Expo 2020. In the Qatar exchange index rose 0.6 per cent to its highest level since September 2008. And investors their investments in stocks before cash distributions season early next year, and the implementation of the decision of the institution. As well as. CNN. Any lift Qatar to emerging markets in the second quarter of the year. In Oman, the MSM index closed Thursday at 6761.19 points, down 7.40 points, up 0.11 percent from the last trading session.

    Trading amounted to 10.40 million, up 3.59 percent on the last trading session, which amounted to 10.04 million. The report by the Muscat Securities market mentioned that the market value of the companies rose 0.15 percent on the last trading day, reaching almost 13.89 billion Omani Riyal. In Cairo, the main index of the market slipped 0.1 percent, continuing its decline for the second day since last Sunday, the highest record in 18 days. The market was not affected by Government Minister saying that the referendum on the new Constitution will be held in mid-January. He said Islam Batrawy resident in Cairo trader predict people's referendum in early January but was delayed a little calculated price referendum already. And international commercial bank shares down 0.7 percent and is the second highest price ever on Sunday shares of real estate companies, supported by expectations of increased investment in the sector. Six of October shares climbed development &amp investment (sodic) 4.5 per cent.

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