21/09/2014
Except «Bahraini» .. high mass of the shares of Gulf last week
UAE markets and Qatar is preparing to enter tomorrow within the «emerging»
Gulf markets returned with the end of the sessions last week to recover, the exception of the Bahraini market. all markets different altitudes Saw of the Qatari market was in the forefront which achieved historic highs, followed by a market Abu Dhabi and Dubai, with the support of Tahbhma to enter the decision to upgrade the three markets to the emerging markets, starting from tomorrow, amid expectations that the markets are witnessing three positive performance this week.
In Dubai, returned the market last week for the rise in light of the return of "Arabtec" to export the scene again, amid rumors regarding share former chief executive, along with concern investors in the IPO, "Emaar Malls", to check the market 2.76 per cent rise to the level of 5097.82 points, amid expectations the ability of the market to continue to rise.
The real estate sector has achieved weekly gain, which represented 5.35 per cent issued by the winning sectors, in light of the strong rise for all real estate stocks, with the exception of "DSI" declining by 1.5 per cent. The gains amounted to "reconstruction" during the past week 5.45 per cent to reach to the level of 11.60 dirhams, while the total share gains, "Arabtec" climbed 8.35 percent to the level of 4.80 dirhams.
Abu Dhabi saw the market index during the week that rose by 1.02 per cent, to end the last trading week at 5233.18 points, the index's performance was supported by the rallies of the real estate sector, banks and communications, in addition to the gains recorded by the investment sector. The real estate sector rose by 1.87 per cent of its shares during the height of the three, led by "ALDAR" increased by 2.74 per cent, as shares "ESHRAQ" grew by 2.31 per cent.
The banking sector recorded a growth rate of 0.99 per cent share of the promotion of Abu Dhabi National Bank rose by 5.48 percent, adding to gains of First Gulf Bank by 1.58 per cent. In Kuwait, the market index rose during the past week 1.47 percent at 7598.36 points, rising for the week 13 respectively, with the support of the re-suspended companies for trading, what gave impetus to trading, as well as deal "Americana", amid expectations of the ability of the market to continue to rise. In Doha, the market rose to historic highs last week after rising 1.86 per cent to close at 14350.5 points, its highest levels ever, with the support of positive news and motivating, which stepped investor optimism and confidence increase with the entry of an upgrade market implementation beginning tomorrow.
Bahraini bourse bucked the general trend of decline for the second week under pressure from the investment and services sectors, the market index to fall 0.06 per cent at 1467.90 points.
