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Top Dubai FM News

Emaar shrugs off Tuesday's blues bouncing back 5.67% to Dh9.51

Emaar Properties, long considered a proxy for the Dubai Financial Market, bounced back yesterday, surging 5.67 per cent to close at Dh9.51. It had reached a three-year low when it closed at Dh9 on Tuesday. Gulf News - 28Aug 05:14GMT
Emirates Post Delays IPO

Citing "current market conditions", Emirates Post has postponed an initial public offering (IPO) that it had planned for this year, a top executive said. Emirates Business 24/7 - 28Aug 04:22GMT
MSCI BARRA adds four new indexes to Gulf markets

(Arabic) MSCI BARRA has announced today addition of four new indices to its MSCI GCC and Arabian markets indices family. Al-Arabiya - 27Aug 11:34GMT
Dubai Islamic Bank To Launch Emirates Leasing

Dubai Islamic Bank (DIB) is set to launch Emirates Leasing, its new wholly-owned subsidiary, to provide the region with a one-of-a-kind mobility solution, offering Sharia-compliant full-service vehicle leasing as well as fleet management services and sale and lease-back with a focus on cars and light commercial vehicles. Gulf News - 27Aug 04:29GMT
Selloff in real estate stocks drags UAE bourses into the red

With real estate stocks sliding, UAE shares declined yesterday - Dubai for the fourth straight day and Abu Dhabi for the third time in four days. Gulf News - 26Aug 05:57GMT

Paradigm Shift?
The opening up of the Saudi stock market may see other regional markets suffering.
Losing $49bn
Equity investors are about to bid farewell to August with a loss of nearly $49 billion but with the hope the forfeiture will soon be compensated in the next months.

ETF Evolution
ETF providers are setting their sights on the Middle East to fill one of the remaining gaps in the market and provide exposure to investors.
Erratic Mood in Arab Bourses in 2008
As the eighth month of 2008 draws to a close, strong tremors continued to jolt most markets, with the Gulf bourses emerging as the most erratic. The fluctuations have been so violent this year that some exchanges lost billions of dollars in just one session.

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Last Value 28Aug 10:04GMT	4,789.81
Change	12.57 ( 0.26%)
Previous Close	4,802.38
Open	4,802.38
Day High - Low	4,802.38 - 4,741.75
Year High - Low	6,291.87 - 4,162.97
YTD Change	19.25%
» More Indices \| Charting \| Exchange Info
Total Market Cap USD	93,275,752,310
Volume	140,841,773
Value Traded USD	177,668,213
Transactions	5,385
Traded / Listed Stocks	27 / 62
Stocks Movement 8 Up - 15 Down - 4 Unchanged

28Aug08 10:04GMT

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