InfoAnda - Dubai stocks maintain profits after break

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

Venice film festival kicks off | 31 August 2010
Sir Charles says NBA season will be cancelled, Chris Paul prepares for lockout | 3 July 2011
Five bomb blasts hit Bahraini capital, two killed | | 6 November 2012

Russian elections underscore problems faced by Putin foes | | 15 October 2012

Forum Views () Forum Replies ()

Read more with google mobile : Dubai stocks maintain profits after break

Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Singapore Asia Pacific World Dubai stocks maintain profits after break AFP - Monday, December 14 Send IM Story Print DUBAI (AFP) - – The Dubai stock market strengthened on Sunday, building on a 7.0 surge it made before its weekend on Thursday, lifted by property giant Emaar's decision to abandon a merger with state-owned entities. By midday, the Dubai Financial Market index was trading 3.76 percent up at 1,702.45 points, after it had opened 0.9 percent up. The value of trades also increased by midday from 16.3 million dirhams (4.4 million dollars) to 814.7 million dirhams (222 million dollars). Emaar Properties, the largest Middle East real estate firm by market capitalisation, saw its shares rocket on Thursday by 14.84 percent, narrowly missing the maximum-allowed daily increase of 15 percent. On Sunday, Emaar shares were trading more than 8.0 percent up. "Now with the overhang cleared, we believe investors should direct their focus back to Emaars fundamental value as a standalone entity," EFG-Hermes investment bank said in a report on Sunday, referring to Emaar's decision last week to cancel a merger with the property arm of government-owned Dubai Holding. "Given the positive nature of this announcement coupled with Emaars prominence on the DFM, we believe there could be some positive reaction, albeit likely to be short-lived," it added. The shares of leading construction firm, Arabtec, were also up over 7.0 percent, while the stocks of budget airline Air Arabia were up just over 1.0 percent. Dubai Islamic Bank shares meanwhile appeared to shrug off a rate downgrading by Moody's as they surged by nearly 10 percent. Emirates NBD bank, also downgraded, seemed to react negatively, dropping by over 4.0 percent. The recovery followed days of severe battering for leading shares, dropping almost the maximum-permitted 10 percent, as the market remained shaky over Dubai's debt woes. The market trades on Monday on the eve of the maturity of 3.5 billion dollars of Islamic bonds issued by Nakheel, the huge property arm of government-owned Dubai World -- whose liabilities amount to 59 billion dollars. Dubai rocked world markets in late November when it requested a freeze on debt payments by Dubai World, in order to restructure the group. Gulf markets also took the news badly. The economy minister of the United Arab Emirates, Sultan al-Mansouri, said on Saturday that the oil-rich economy will continue to grow, even though at lower rates than earlier years. He said the gross domestic product of the UAE, which grew 6.2 percent in 2007 and 7.4 percent in 2008, is estimated to witness a growth of 1.3 percent in 2009 and 3.2 percent in 2010. Meanwhile, the market in Abu Dhabi was up 4.4 percent by midday at 2,612.10 points. All sectors were in the green, with real estate surging over 8.0 percent and banking up almost 6.0 percent. In Saudi Arabia, the largest Arab bourse opened slightly up, but then slipped by 0.14 percent at around 0830 GMT. All sectors were marked in red, except for petrochemicals which was up 0.29 percent and energy and utilities, which increased 0.06 percent. Qatar stocks traded 0.98 percent up by midday after gaining 1.99 percent on Thursday, the last day of trading for the week. Kuwait Stock Exchange was up 1.15 percent. Recommend Send IM Story Print Related Articles Iraqis sceptical about glittering promise of oil Reuters - 52 minutes ago FACTBOX-Details on bidding for Iraqi oilfields Reuters - 1 hour 6 minutes ago Billionaire favored in Chile vote but run-off seen Reuters - 1 hour 9 minutes ago Three Saudi companies plan IPOs early next year Reuters - 1 hour 13 minutes ago US-BUSINESS Summary Reuters - 1 hour 53 minutes ago News Search Top Stories Houston is first major US city to elect gay mayor Dubai stocks maintain profits after break 'Whack A Banker' game proving a hit in Britain Top British banker admits 'mistakes' on bonuses US House passes historic financial sector overhaul More Top Stories » Related Full Coverage China Economychina economy All Full Coverage » Most Popular Most Viewed Most Recommended Tiger Woods' girlfriend apologizes in TV interview Top British banker admits 'mistakes' on bonuses 'Whack A Banker' game proving a hit in Britain US House passes historic financial sector overhaul Dubai stocks maintain profits after break More Most Viewed » Global stocks mixed amid Dubai debt crisis Tiny magnetic discs could kill cancer cells: study Virgin unveils spaceship to offer space tourism Mankind using Earth's resources at alarming rate Tiger Woods' girlfriend apologizes in TV interview More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Asia Entertainment Photos Copyright © 2009 Yahoo! Southeast Asia Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Terms of Service | Privacy Policy | Community | Intellectual Property Rights Policy | Help

Other News on Sunday, 13 December 2009
Lawmaker: Iraqi security had tip-off before bombs
Showdown looms over West Bank construction curb
Intelligence on Baghdad blasts mishandled: interior minister |
Iraq hails 2nd oil auction but risky sites shunned
Iran offers to swap low-enriched uranium for fuel
Seven crew missing after ship capsizes off Lebanon
Afghan cabinet unveiled end of the week: official |
Rebel Abkhazia chooses leader, Russia hails vote |
UN builds mud brick homes for homeless Gazans
Iranian clerics rally to support supreme leader
Brazil, Peru condemn Honduran limits on Zelaya |
Blair defends Iraq war, even without WMD
Iran proposes fuel swap on Kish island
Japan takes three titles in Grand Slam judo
Martial law ended in Philippine massacre province
Violence mars huge Copenhagen demonstration
Sri Lanka war refugees face uneasy homecoming
`Family Ties' actor Bonsall charged with assault
State Department says Cuba has detained US citizen
Peshawar on front line of Pakistan's militant war
Hundreds line up as Wash. coffee shop reopens
Police: Americans in Pakistan had Taliban contact
Guzzlers gouge rift between Nevada state agencies
Thailand seizes arms on plane from North Korea
Hawaii abuzz about Obama's expected holiday return
Houston voters could elect first openly gay mayor
Philippines lifts martial law in southern province
Official: Kabul deputy mayor arrested in crackdown
NYC woman gets probation for smuggling monkey meat
Expanded Medicare won't provide seamless coverage
Rights complaint planned in Philly school attacks
Lebanon pressing US to deliver military aid
China, Kazakhstan unveil landmark gas pipeline
Japan, US reach 'open skies' deal
Woods may find it difficult to recapture old dominance |
Miss World opens with African drums, legal drama
French rocker in induced coma in Los Angeles
Murder At A Nursing Home, 98-Year-Old Woman Kills 100-Year-Old Roommate
Jewish settler woman stabbed in West Bank
Top British banker admits 'mistakes' on bonuses
Thailand to charge plane crew over N.Korean arms |
US-TECH Summary
Iran opposition seeks leader's removal
Rebel Abkhazia elects president in 'illegitimate' vote
Catalans vote in referendum on independence |
Google to produce, sell own "Nexus One" phones: report
Venezuela arrests ex-securities commission chief |
Search for Air France black boxes to resume in February
Google hints at making mobile telephone
China demotes editor after Obama interview: sources |
Intelligence on Baghdad blasts mishandled
Tiger's website becomes forum for fans, critics
Iran opposition warns of action against reformers |
Billionaire favored in Chile vote but run-off seen |
Amazon projects undercut Brazil's new green path |
Jewish settler woman stabbed in West Bank |
Google to produce, sell own Nexus One phones: report |
Gunmen storm jail, free 31 prisoners in Philippines
Body found on Mount Hood; 2 climbers still missing
Expanded Medicare won't provide seamless coverage
Aussie, Chinese officials urge pandas to reproduce
Correction: Japan-Slain Briton story
Man accused of killing 12 people captured in China
Obama, Medvedev discuss weapons treaty
Philippine kidnappers' animal sacrifice demand
90 vehicles trapped as Calif faces rain, snow, mud
Six injured in fifth Hong Kong acid attack
Vehicles stuck on S. Calif highway after mudslides
Police capture mass-murder suspect in China
Protesters damage Calif. university leader's home
Almost 1,000 arrested at Copenhagen climate rally
Missing Utah mom's family prays for her return
Episcopal bishop seeks prayer in rift over gays
Guerrillas stage Philippine jailbreak: police
Creator of first 50-star American flag dies at 67
Euphoria ends, reality bites Malaysia's opposition
Young Chinese groan at skyrocketing property costs
China cracks EU roadworks market via Poland
Haneke's White Ribbon sweeps European Film Awards |
Twilight studio to distribute Polanski film |
'Uncharted 2' nabs top prize at VGAs
Doh! The Simpsons still young and yellow at 20
Comedians in Chicago for Second City anniversary
Miss World: Gibraltar's Kaiane Aldorino crowned
Haneke's "White Ribbon" sweeps European Film Awards
Protesters condemn Swiss minaret ban
Hindus Protest Fox Channel Show's Remark That Ganges River Is 'Disease'
Supreme leader says Iran's opposition violates law
Catalans vote in symbolic independence referendum
Philippines hostage crisis ends, victims freed |
US, Russia talks on cyberspace security: report
Sudan leaders reach deal on disputed reforms
North Korea, U.S. agree to resume peace talks: report |
Dubai stocks maintain profits after break
'Whack A Banker' game proving a hit in Britain
Burned ayatollah photo sparks new Iranian protests
India test fires ballistic missile off east coast |
Brown vows new push to defeat Taliban
PLO set to extend Abbas term as Palestinian leader |
Sudan leaders "make progress" in reform row talks
Billionaire favored in Chile vote but run-off seen |
New Afghan city official detained over graft
Israel votes new funds for settlements |
Israeli cabinet to vote on new settlement credits
Petraeus sees shift in Al Qaeda's Iraq tactics |
Blair will give Iraq war evidence in public: inquiry
Ethnic tensions simmer in crisis-struck Guinea |
Cause of Air France crash may remain mystery: sources |
Thaksin back in Cambodia as Thai spy to be freed |
Militants attack Philippine jail, 31 inmates freed
The nation's weather
Thaksin provokes Thailand with new Cambodia visit
India test fires ballistic missile off east coast
Obama celebrates the holidays
S.Lankan rebels killed in cold blood: ex-army chief
Ex-Thai PM Thaksin Shinawatra arrives in Cambodia
Senate to vote on $1.1 trillion spending bill
Gunmen free 47 hostages in Philippines
Thailand to charge plane crew over North Korean arms
Philippines hostage crisis ends, victims freed
Hundreds protest over decision on new Indian state
Dubai stocks maintain profits after break
Disney exec: China big enough for 2 theme parks
Bangladesh seeks investment for energy projects
Kate Winslet wins Best European Actress award
Romania's unwanted children given a chance
S.Africa tackles World Cup child trafficking fears
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph		BlogMeter 1.01