Browse
related articles
DP World shares show some form of exhaustion
- United Arab Emirates: Wednesday, December 05 - 2012 at 20:18
The FTSE NASDAQ Dubai UAE 20 Index closed Wednesday trading insignificantly higher at 1796.67. After rising over 25% since Jan. 1 amid a strong economic recovery of the emirate of Duabi, Dubai Ports (DP) World slipped 0.65% to $12.16. Earlier in the day, HSBC Middle East released the monthly Purchasing Manager Index for the UAE, saying that "The PMI, which is a snapshot of the performance of the non-oil private sector, was above the series average of 52.7, and indicated a solid improvement overall." In addtion, in the first half of 2012, the emirate's real economy gained 4.1%, the highest six-month increase in 5 years, according to the Dubai statistics center. Depa Ltd. fell 0.28% to $0.359. NASDAQ Dubai suspended the secondary listing of Man Industries (India) followig the announcement of the latter on Nov. 20., pursuant to Markets Rule 9.6.6. With the delisting, a total of 9 equities remain listed at the Middle East's only international bourse by regulation standards.
Related Content
Article Options
Gérard Al-Fil, Financial JournalistWednesday, December 05 - 2012 at 20:18 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / 4C.
Disclaimer »
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AMEinfo.com Web site does not constitute advice or a recommendation by AME Info FZ LLC / 4C and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AMEinfo.com Web site.
AME Info FZ LLC / 4C can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AMEinfo.com Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / 4C.
In no event shall AME Info FZ LLC / 4C be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AMEinfo.com Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.
