News Centre

IISL Index Dashboard - November 2014

Date 01/12/2014

Summary:

• CNX Nifty touched an all-time intra-day high of 8617.00 points on November 28, 2014.
• CNX Nifty closed at 8588.25 points on November 28, 2014, registering an increase of 266.05 points (3.20%)compared to the close of 8322.20 points on October 31, 2014.
• Free float market capitalization of CNX Nifty was USD 468 Bn and CNX Nifty Junior was USD 83 Bn ason November 28, 2014.
• CNX PSU Bank index recorded the highest one month gain of 14.54% whereas CNX Metal index recordedmaximum one month decline of 4.31% across all indices.
• CNX Midcap index continued to outperform broad market indices giving 11.47% returns, CNX ServiceSector index outperformed thematic indices giving 12.95% returns, CNX Alpha index outperformed strategyindices giving 15.32% returns and CNX Media index outperformed all sectoral indices giving 22.89%returns in preceding 3 months period.
• CNX Smallcap index continued to outperform broad market indices giving 62.95% returns, CNX MNCindex outperformed thematic indices giving 50.13% returns, CNX Alpha index outperformed strategyindices giving 69.52% returns and CNX PSU Bank index outperformed all sectoral indices giving 70.62%returns in preceding 1 year period.
• CPSE Index continued to post highest dividend yield of 3.37% as on November 28, 2014.

Xetra/Börse Frankfurt: New PowerShares Equity Index ETF Launched On Xetra - First ETF Based On Companies Classified As “Buyback Achievers”

Date 01/12/2014

A new equity index fund from the ETF offering issued by PowerShares Global Funds has been tradable in the XTF segment on Xetra since Monday. 

PIMCO Issues First Actively Managed Fixed Income ETF In Euroclear’s International Structure

Date 01/12/2014

PIMCO, a world-leading investment manager, has today made history by launching the first actively managed fixed income ETF in Euroclear Bank's international structure. The PIMCO Low Duration US Corporate Bond Source UCITS ETF has today listed on the London Stock Exchange, and is available for trading. 

DCCC Offers Settlement In UAE Dirhams - New Service Launched On The Occasion Of UAE National Day Will Enhance Trading And Cost Efficiencies For Clearing Members

Date 01/12/2014

The Dubai Commodities Clearing Corporation (DCCC), the central counter-party (CCP) service provider of the Dubai Gold and Commodities Exchange (DGCX), today announced that Clearing Members will now be able to settle their transactions in UAE Dirhams (AED) in addition to US Dollars.

New Rules Will Protect Consumers From Harmful Fee-Charging Credit Broking Practices, Says The UK Financial Conduct Authority

Date 01/12/2014

New rules have been introduced by the Financial Conduct Authority (FCA) today to tackle poor practice in the credit broking market which is causing serious detriment to consumers.

Cairo Amman Bank Weekly Economic Monitor

Date 01/12/2014

Click here to download the latest Cairo Amman Bank Weekly Economic Monitor.

CES China Cross Border Index Series Semi-Annual Review December 2014

Date 01/12/2014

China Exchanges Services Company Limited and China Securities Index Company Limited announce the following semi-annual review changes to the CES China 120 Index, CES China A80 Index, CES China HK Mainland Index and CES China 280 Index. The adjustments will be implemented after the close of all relevant exchanges on 12 December 2014.

Big Success For Abu Dhabi Securities Exchange Rights Issue Implementation

Date 01/12/2014

Abu Dhabi Securities Exchange (ADX) announced the success of Eshraq Properties Rights Issues for existing shareholders which was listed on November 2nd, the start date of the trading period of rights issue, and ran until November 13, the end date of the trading period of rights issue. Eshraq Properties Rights Issue was approved by the shareholders in the Company’s extraordinary general meeting (EGM) on September 25th2014.  Rights Issue was adopted by ADX for the first time following the issuance of UAE Securities and Commodities Authority (SCA)regulation for trading in rights issues on the country’s financial markets earlier last year. 

Tokyo Financial Exchange: Trading Volume in November 2014

Date 01/12/2014

The trading volume of Three-month Euroyen futures in November was 131,267 ( △ 55.0% MoM / △ 72.1% YoY) and its average daily volume was 7,293 . See the TABLE 1 for the composition of the trading volume. 

ADX Sponsors NYIT Corporate Challenge Case Competition

Date 01/12/2014

Abu Dhabi Securities Exchange (ADX) sponsored NYIT-Abu Dhabi “Corporate Challenge 2014” which took place in NYIT Abu Dhabi campus on the 23rd of November.  The case study, based on Abu Dhabi Securities Exchange and prepared by NYIT School of Management faculty members, challenged the student teams to address the subject of “Investor Education and Its Importance in UAE Stock Markets.”