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UAE markets pull back in thin trade DUBAI: Bourses in the United Arab Emirates retreated in early trade on Wednesday in line with global markets as trading volumes remained low, indicating that many retail investors had yet to return to the market after Eid holidays. Dubai's index fell 1.2 percent as heavyweight Emaar Properties slid 1.7 percent. Emaar Malls Group , which was listed this month, fell 0.6 percent.Abu Dhabi's index edged down 0.4 percent as Abu Dhabi Commercial Bank lost 1.6 percent. "I think it's basically a very negative international lead coupled with the fact that quite a few investors are still away for the Eid holiday," said Amer Khan, senior executive at Shuaa Asset Management in Dubai. Most markets across the Middle East were closed on Sunday and Monday for Eid al-Adha holidays, and some investors may be taking the rest of the week off as well. Asian share markets were mostly in the red ...

Barwa's Qatar, Abu Dhabi's Dana Gas jump on deal announcements DUBAI: Developer Barwa Real Estate helped lift Qatar's bourse on Wednesday after announcing a land sale deal with the government, while Abu Dhabi's Dana Gas rose after signing a new contract in Egypt.Qatar's benchmark rose 0.2 percent as shares in Barwa jumped 3.5 percent and were among the main supports.Barwa said on Wednesday it would sell land worth 2.54 billion riyals ($697.4 million) to the government, the latest state assistance which the indebted developer has ...
Most markets rise; Qatar slips ahead of index changes DUBAI: Most markets in the Middle East edged up on Tuesday with the region emerging from a wave of profit-taking, but Qatar's index dipped as investors adjusted their portfolios ahead of changes in the benchmark composition.The Doha index fell 0.8 percent to a four-week closing low of 13,728 points and most stocks declined.Trading focused on property developer Ezdan Holding , which added 1.4 percent. The stock is not part of the main index but will ...
South Africa stocks end down but charts point to possible rebound JOHANNESBURG: South African bullion producers such as Harmony Gold remained under pressure on Tuesday, weighing on the wider market which ended in the red, after the precious metal fell to a nine-month low in the face of relentless dollar gains.The benchmark Top-40 index slipped 0.11 percent on the day and has lost almost 4 percent this quarter, the biggest fall since the same period in 2011 when it fell more than 7 percent, pushing it ...
Emaar lifts Dubai as investors eye next unit&#39;s IPO DUBAI: Emaar Properties, Dubai's largest listed developer, helped lift the emirate's bourse in early trade on Tuesday after pricing its malls unit's initial public offer at the top of the indicated range and promising to float its hotels business next.Dubai's main index rose 0.7 percent as Emaar added 1.8 percent. Its subsidiary Emaar Malls Group <IPO-EMAR.DU> said on Monday it had raised $1.58 billion in the IPO amid massive demand from investors, making it the ...
Emaar gains after pricing malls unit; markets pull back DUBAI: Stock markets in the Middle East remained under pressure in early trade on Monday, giving up initial gains as investors continued to cash out ahead of the Eid al-Adha holiday.Dubai's bourse edged down 0.3 percent even though heavyweight Emaar Properties added 0.4 percent after its malls unit announced the final price of its initial public offer.As expected, the IPO priced at the top of the proposed range amid massive demand from investors, giving an ...
Markets remain vulnerable to profit-taking ahead of holidays DUBAI: Stock markets in the Middle East could see further profit-taking on Monday as investors may be reluctant to open new positions ahead of the Muslim holiday of Eid al-Adha, while bourses in the United Arab Emirates are still awaiting the return of surplus funds from the initial public offer of Emaar Malls Group (EMG).Most major markets in the region fell on Sunday, with investors also citing falling oil prices as a cause for concern. ...


Index Closing Chg%
Arrow DJIA 16,399.67 0.12
Arrow Nasdaq 4,316.07 1.35
Arrow S&P 1,904.01 0.91
Arrow FTSE 6,267.07 0.68
Arrow DAX 8,717.76 1.50
Arrow CAC-40 3,991.24 1.04
Arrow Nikkei 15,111.23 3.98
Arrow H.Seng 23,070.26 0.20
Arrow Sensex 26,429.85 1.23

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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklyOctober 20, 2014
Reserves $13.436 bln