• «Abu Dhabi» lead the rise in Gulf markets by 2.5%

    27/05/2014


     

    "Egyptian" receives the presidential election, falling slightly
    «Abu Dhabi» lead the rise in Gulf markets by 2.5%




     


    Stock supported that is about to join the index MCSA  for emerging market,  Dubai, Abu Dhabi and Qatar exchanges today, and Kuwaiti Gulf markets market led the losers, followed by market Manama and Muscat. And the Egyptian stock exchange received on the first day of the presidential election with slightly lower. And Abu Dhabi stock market led the region, rising 2.5 percent, surpassing the psychological barrier at 5000 points, to continue to recover from the decline in profit last week. And the General of Abu Dhabi at 5049 points Shares rose and Abu Dhabi Commercial Bank 7.6 percent, and shares of National Bank of Abu Dhabi 4.9 per cent, and first Gulf Bank 3.2 percent, the three drive to the market. The three stocks will be included on the MCSA index for the emerging markets at the end of this week, with upgraded UAE and Qatar from a beginner to an emerging market. Also the index shares ' Aldar Properties ' will be included on, which rose 4.3 percent. Drew up the classification already new foreign investments of hundreds of millions of dollars, and more funds are expected to flow by the end of this week of the inactive indicator Emerging markets. The stock formed a join cursor support was also Chairman of Dubai financial market index, which rose 1.9 percent. And ascended ' Emaar Properties ' shares 3.7 percent; Dubai Islamic Bank shares 7.5 percent, Dubai financial market shares, which runs the Emirate's Stock Exchange 4.2 per cent. Emaar said on Thursday that it will be up to 25 percent stake in its malls in Dubai financial market and is expected to gather initial public offering of shares in eight to nine billion dirhams (2.18 2.45 billion dollars) and rose ' DP World port management on NASDAQ Dubai 4%, and increased volume of the arrow to its highest in four years.
    He said Sebastian nostalgia head of asset management at the ' investor ': ' we enter the stage of intense speculation in the market as we approach the insertion index. As well as. MCSA for Any emerging markets '. Qatar stock index rose 0.3 percent after rising in the previous session to its highest ever. The shares of Masraf Al Rayan, a specialist in Islamic banking, and ' I want ' mobile phone service operator supporters of pointer their rise 2.3 percent and 2.4 percent respectively. Heavier arrows will weigh on the share of Qatar's Umm. As well asKuwait stock exchange recorded the largest losses among the GCC stock markets yesterday, falling 0.9 per cent with downward trend continued this year.

    But despite landing the main cursor 4.1 per cent since the beginning of the year, the index of leading shares Kuwait rose 10.7 per cent. The weights will increase stocks of Kuwaiti companies on the index. Any emerging markets when the UAE and Qatar left this indicator. In the Bahrain market index fell 0.5 per cent to 1458 points, the MSM index 0.1 per cent to 6718 points. In Egypt the indicator slipped 0.3 per cent of the President's highest in 69 months, record set on Monday, with the presidential election, which looks almost certain to win the former defense minister Abdel Fattah al-Sisi.

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