As the old saying goes, one swallow does not a summer make - but with the nationwide value of property changing hands
returning to near-record levels, things are certainly brightening up.
ARL's share price hit the upper limit of 5%, or increased Rs10.22, to close at Rs215.59 with two million shares changing hands
at the PSX.
The topics include selling by the book: British scientific trade literature after 1800, some considerations about the prices of physics instruments in the 19th century, mathematical instruments changing hands
at world fairs 1851-1904, European pocket sundials for colonial use in American territories, and trade in medical instruments and colonialist policies between Mexico and Europe during the 19th century.
The volume of transactions also increased in the final quarter of the year, with more than 1,500 properties changing hands
in the last three months of 2013.
The report also reveals a rise in the financial health of growing companies with shares changing hands
in the Midlands.
2.47 billion rose (63.92%) with a volume of 104 million shares changing hands
that rose by 6.7 percent.The key loser was the Gulf Investment House by 8.9 percent, followed by Al Masaken International Real Estate Development Company, by 8.7 percent, chased by International Finance Company by 8 percent.In volume, Abyaar was the leader by 23,120 million shares changing hands
.Abyaar, Kuwait International Bank, Burgan Bank, Alsafwa, Gulf Bank made up 30.1 percent of the volume, with roughly 77 million shares traded.
Taageer Finance Company toped the list of the most active by volume with 1,151,000 shares, while Renaissance Services Company topped the list of the most active by value after changing hands
with shares worth RO.461,000.
Equiniti estimates the sharp recovery in share prices since the trough of March 2009 will boost 2010 trading values by pounds 400bn compared to last year, but, after adjusting for the increase in share prices, volumes changing hands
will actually fall 2% this year.
The dollar commenced the day's trading at Rs 85.63 for buying after incurring losses was changing hands
at Rs 85.57 for buying and at Rs 85.62 for selling.
It also dominated trading on Abu Dhabi's index, accounting for almost two-thirds of all shares changing hands
Trades came to 4,136 transactions worth KD 38.4 million with some 226 million shares changing hands