DFM & ADSM reports

UAE daily stock market reports for Abu Dhabi Securities Market (ADSM) and Dubai Financial Market (DFM) - RSS feed

Thursday, July 09, 2009

UAE markets 09 Jul 2009

UAE market news & discussions for 09 July 2009

The ADX rose 0.32% to 2589 points from turnover of AED 90m. The DFM fell 1.03% to 1682 points from turnover of AED 266m. On the Nasdaq Dubai at 14:30 UAE time, DP World is up 3.3%, Depa is unchanged at $0.60, and there has been a single trade in NBAD derivatives, up 1.5%.

Dubai Financial Market

Dubai Financial Market (DFM) was the most heavily traded stock in Dubai, falling 5.3% to 1.43 from AED 73m of turnover, also the worst loser of the more actively traded stocks. Dubai Investment Company (DIC) fell 2.6%, Emarat Takaful Insurance (TAKAFUL-EM) 2.1%, Emaar Properties (EMAAR) 1.25% to 2.37, Union Properties (UPP) 1.2%, Air Arabia (AIRARABIA) 1.1%, and the remaining losers were down less than 1% or on low volumes. Emirates Integrated Telecommunications (DU) and Shuaa Capital (SHUAA) were the best of the more actively traded gainers, up 3.5%, Ajman Islamic Bank (AJMANBANK), Islamic Arab Insurance (IAIC), Arab International Logistics (ARMX), and all rose less than 1%, and another 3 gainers were up on less than AED 1m of trading. Several stocks were unchanged including Drake & Scull (DSI), Deyaar Development (DEYAAR), Dubai Islamic Bank (DIB), Gulf Navigation (GULFNAV), and National General Cooling (TABREED).

Abu Dhabi Securities Exchange

Aldar Properties (ALDAR) was the most active stock in Abu Dhabi with a 0.85% rise to 3.51 from AED 32m of trading. Dana Gas (DANA) was the worst of the more active losers, falling 1.9% from AED 14m of trading and the only other stock with turnover of more than AED 10m. Agthia Group (AGTHIA) was the best gainer, rising 3.7% from low volumes, Waha Capital (OILC) was up 2.8% also on low volumes, First Gulf Bank (FGB) rose 1.5%, National Bank of Abu Dhabi (NBAD) 1.3%, Sorouh Real Estate (SOROUH) 1.2%, Aabar Energy (AABAR) 1.1%, Emirates Telecom (ETISALAT) 0.7%, and another 6 gainers rose less than 1% or on turnover of less than AED 1m. Union National Bank (UNB) fell 1.5%, Abu Dhabi National Energy (TAQA) 1.4% and the other losers fell less than 1% or on traded value of less than AED 1m.

Dubai Financial Market and Abu Dhabi Securities Exchange index for 09 July 2009

UAE stock market news and discussions at Dubai Share Talk ...

Latest posts and topics (click timestamp for last post) Last Post By Last Post Date
Dubai Budget 2009/2010
vishnath Thu 09 Jul 2009 13:35
UAE stocks buying advice?
abu zaid Thu 09 Jul 2009 13:34
Daily Trade Bulletin Dubai Abu Dhabi
spiders Thu 09 Jul 2009 10:38
Marketwatch DFM ADX July 2009
sam111sam Thu 09 Jul 2009 09:23
Which Shares will Peak Faster Now ?
lala Tue 07 Jul 2009 20:10
Did your hear of Hal Turner and the AMERO ?
bandakok Tue 07 Jul 2009 03:02
Short term trade is against Islamic values?
sharewadi Mon 06 Jul 2009 11:43
OIL edging towards 60
indigo Mon 06 Jul 2009 11:31
Emaar Algeria withdrawal
sharewadi Sat 04 Jul 2009 21:00
Aldar vs Sorouh vs RAK Properties
spiders Sat 04 Jul 2009 19:29
EMAAR MGF IPO
sharewadi Sat 04 Jul 2009 14:20
Emaar MGF IPO India
Cash King Sat 04 Jul 2009 11:01
Aramex foreign ownership limit increase
OnlineTrader Wed 01 Jul 2009 15:55
Marketwatch June 2009 DFM ADX
sharewadi Wed 01 Jul 2009 15:37
First member to 1000 posts - congratulations!
Sher Tue 30 Jun 2009 21:48
Moody's Emaar rating
sharewadi Tue 30 Jun 2009 18:01
DST member introductions
WarrenBuffet Mon 29 Jun 2009 22:10
best stock rises
symbol price change
NGI 9.16 +0.43 +4.9%
AGTHIA 1.40 +0.05 +3.7%
DU 2.64 +0.09 +3.5%
SHUAA 1.49 +0.05 +3.5%
OILC 0.74 +0.02 +2.8%
worst stock falls
symbol price change
UCC 2.14 -0.20 -8.5%
SCIDC 1.85 -0.15 -7.5%
EKTTITAB 0.98 -0.07 -6.7%
DFM 1.43 -0.08 -5.3%
CBD 3.33 -0.17 -4.9%
top volume
symbol value (AED) price
DFM72,876,2571.43
EMAAR69,540,9982.37
ARTC32,133,2742.52
ALDAR32,129,7043.56
DSI14,704,4910.85

Wednesday, July 08, 2009

UAE markets 08 Jul 2009

UAE market news & discussions for 08 July 2009

It was a sea of red on the UAE markets today with only 3 stocks in the green between the ADX and the DFM. Mercifully, volumes were relatively low. The ADX fell 1.4% to 2581 points from turnover of AED 138m, saved from a greater fall by an increase in NBAD and a marginal drop for Etisalat. The DFM plunged 3.4% to 1699 points from turnover of AED 320m. On the Nasdaq Dubai at 14:45 UAE time, DP World is unchanged, and there have been single trades in ADCB and Arabtec derivatives, and GOLD, all in the red.

Dubai Financial Market

Emaar Properties (EMAAR) was the most heavily traded stock with AED 90m worth of deals and almost the worst loser with a 7.34% fall to 2.40, pipped in the loser's list by Dubai Financial Market (DFM) with a 7.36% fall to 1.51. Emarat Takaful Insurance (TAKAFUL-EM) and Dar Takaful Insurance (DARTAKAFUL) both fell about 7%, Arab Insurance Group (ARIG) fell 6.7% and Shuaa Capital (SHUAA) fell 5.9%, both on low volumes, Union Properties (UPP) was down 5.6%, Arab International Logistics (ARMX) 5.1%, and almost all other traded stocks were down by less than 5%. Commercial Bank of Dubai (CBD) was the only gainer, up 4.5% from a single small trade, and Al Salam Bank (SALAM_BAH) was unchanged.

Abu Dhabi Securities Exchange

Ras Al Khaimah Properties (RAKPROP), down 5.6%, and Dana Gas (DANA), down 1.9%, were the most active stocks by value but still only traded just over AED 30m each. Abu Dhabi National Insurance (ADNIC), down 6.2%, was the worst loser on turnover of more than AED 1m, Union National Bank (UNB) fell 5.7%, Methaq Islamic Insurance (METHAQ) 5.0%, Arkan Building Materials (ARKAN) 4.65%, Aabar Energy (AABAR) 4.3%, Waha Capital (OILC) 4.0%, and the remainder fell less than 4% or on low volumes. Emirates Telecom (ETISALAT) edged down by just 0.2%, and there were only two gainers: National Bank of Abu Dhabi (NBAD) up 1.45% and Abu Dhabi Islamic Bank (ADIB) 0.37%, both on low volumes.

Dubai Financial Market and Abu Dhabi Securities Exchange index for 08 July 2009

UAE stock market news and discussions at Dubai Share Talk ...

Latest posts and topics (click timestamp for last post) Last Post By Last Post Date
Marketwatch DFM ADX July 2009
spin Wed 08 Jul 2009 14:42
Which Shares will Peak Faster Now ?
lala Tue 07 Jul 2009 20:10
Daily Trade Bulletin Dubai Abu Dhabi
spiders Tue 07 Jul 2009 14:15
Did your hear of Hal Turner and the AMERO ?
bandakok Tue 07 Jul 2009 03:02
Short term trade is against Islamic values?
sharewadi Mon 06 Jul 2009 11:43
OIL edging towards 60
indigo Mon 06 Jul 2009 11:31
Emaar Algeria withdrawal
sharewadi Sat 04 Jul 2009 21:00
Aldar vs Sorouh vs RAK Properties
spiders Sat 04 Jul 2009 19:29
EMAAR MGF IPO
sharewadi Sat 04 Jul 2009 14:20
Emaar MGF IPO India
Cash King Sat 04 Jul 2009 11:01
Aramex foreign ownership limit increase
OnlineTrader Wed 01 Jul 2009 15:55
Marketwatch June 2009 DFM ADX
sharewadi Wed 01 Jul 2009 15:37
First member to 1000 posts - congratulations!
Sher Tue 30 Jun 2009 21:48
Moody's Emaar rating
sharewadi Tue 30 Jun 2009 18:01
DST member introductions
WarrenBuffet Mon 29 Jun 2009 22:10
Daily market movement futures ADX DFM
bandakok Mon 29 Jun 2009 21:44
Agthia trade: Technical Analysis Questions
tyro Mon 29 Jun 2009 21:17
best stock rises
symbol price change
CBD 3.50 +0.15 +4.5%
NBAD 9.81 +0.18 +1.9%
ADIB 2.73 +0.01 +0.4%
worst stock falls
symbol price change
ADNH 4.50 -0.45 -9.1%
DFM 1.51 -0.12 -7.4%
EMAAR 2.40 -0.19 -7.3%
TAKAFUL-EM 1.45 -0.11 -7.1%
DARTAKAFUL 2.00 -0.15 -7%
top volume
symbol value (AED) price
EMAAR90,461,4972.40
DFM49,675,2241.51
ARTC40,788,3872.54
DEYAAR39,041,7840.71
RAKPROP31,116,7970.68

Tuesday, July 07, 2009

UAE markets 07 Jul 2009

UAE market news & discussions for 07 July 2009

The ADX fell 0.3% to 2618 points from turnover of AED 138m due mostly to a fall in the two heavyweights, Etisalat and NBAD, despite most of the more active stocks in the green. The DFM gained 2.25% to 1760 points from AED 301m of turnover with all stocks in the green except for Du and Emirates NBD. On the Nasdaq Dubai at 14:45 UAE time, DP World is down 2.5%, Damas is down 7.4%, and a handful of derivative trades in DIB, Arabtec, and ADCB are all in the green.

Dubai Financial Market

Emaar Properties (EMAAR) was the most active stock but still only traded AED 70m worth as it rose 4.4% to 2.59. Kuwait Finance and Investment (KFIC), a Kuwait secondary listing, was 15% limit up on what must be one of the smallest trades ever seen - just 7 shares. Deyaar Development (DEYAAR) topped the list of more active gainers with a 5.7% rise to 0.74, followed by Dubai Financial Market (DFM) and Arabtec (ARTC) up just over 5%. Shuaa Capital (SHUAA) was up 4.1% and most other stocks rose between 1% and 4%. Emirates Integrated Telecommunications (DU) fell 0.39% and Emirates NBD (ENBD) was unchanged.

Abu Dhabi Securities Exchange

The three Abu Dhabi property listings were the most active stocks but the best of them, Aldar Properties (ALDAR) up 2.8%, still only saw just over AED 25m worth of deals. Sorouh Real Estate (SOROUH) and Ras Al Khaimah Properties (RAKPROP) were up about 1.5% each. Methaq Islamic Insurance (METHAQ) was the best gainer, rising 5.6% to 5.38, Abu Dhabi Aviation (ADAVIATION) was up 3.7%, Abu Dhabi Commercial Bank (ADCB) 2.3%, and the other gainers up less than 2% or on turnover of less than AED 1m. Dana Gas (DANA) was the worst loser of the more actively traded stocks, but fell just 0.93%, Emirates Telecom (ETISALAT) was down 0.5%, National Bank of Abu Dhabi (NBAD) fell 2.7% on low volumes, Abu Dhabi Islamic Bank (ADIB), Abu Dhabi National Energy (TAQA), and Aabar Energy (AABAR) fell less then 1%, and the other losers all fell on less than AED 1m worth of trading.

Dubai Financial Market and Abu Dhabi Securities Exchange index for 07 July 2009

UAE stock market news and discussions at Dubai Share Talk ...

Latest posts and topics (click timestamp for last post) Last Post By Last Post Date
Marketwatch DFM ADX July 2009
adbulls Tue 07 Jul 2009 14:59
Daily Trade Bulletin Dubai Abu Dhabi
spiders Tue 07 Jul 2009 14:15
Did your hear of Hal Turner and the AMERO ?
bandakok Tue 07 Jul 2009 03:02
Short term trade is against Islamic values?
sharewadi Mon 06 Jul 2009 11:43
OIL edging towards 60
indigo Mon 06 Jul 2009 11:31
Emaar Algeria withdrawal
sharewadi Sat 04 Jul 2009 21:00
Aldar vs Sorouh vs RAK Properties
spiders Sat 04 Jul 2009 19:29
EMAAR MGF IPO
sharewadi Sat 04 Jul 2009 14:20
Emaar MGF IPO India
Cash King Sat 04 Jul 2009 11:01
Which Shares will Peak Faster Now ?
sam111sam Fri 03 Jul 2009 20:33
Aramex foreign ownership limit increase
OnlineTrader Wed 01 Jul 2009 15:55
Marketwatch June 2009 DFM ADX
sharewadi Wed 01 Jul 2009 15:37
First member to 1000 posts - congratulations!
Sher Tue 30 Jun 2009 21:48
Moody's Emaar rating
sharewadi Tue 30 Jun 2009 18:01
DST member introductions
WarrenBuffet Mon 29 Jun 2009 22:10
Daily market movement futures ADX DFM
bandakok Mon 29 Jun 2009 21:44
Agthia trade: Technical Analysis Questions
tyro Mon 29 Jun 2009 21:17
best stock rises
symbol price change
EKTTITAB 1.08 +0.10 +10.2%
DEYAAR 0.74 +0.04 +5.7%
METHAQ 5.43 +0.29 +5.6%
DFM 1.63 +0.08 +5.2%
SUDATEL 3.89 +0.19 +5.1%
worst stock falls
symbol price change
QTEL 127.00 -10.90 -7.9%
QCEM 0.94 -0.06 -6%
ARKAN 4.30 -0.25 -5.5%
UNION 3.84 -0.14 -3.5%
NBAD 9.67 -0.27 -2.7%
top volume
symbol value (AED) price
EMAAR69,911,2182.59
ARTC50,833,6392.67
DFM37,177,4151.63
DEYAAR29,309,5190.74
DSI27,895,5440.88

Monday, July 06, 2009

UAE markets 06 Jul 2009

UAE market news & discussions for 06 July 2009

Stocks continued to see red today, especially in Dubai. The ADX fell 0.44% to 2625 points from AED 150m of turnover, while the DFM fell 2.0% to 1721 points from turnover of AED 347m. On the Nasdaq Dubai at 14:30 UAE time, DP World is down 2.25%, Damas and Depa are unchanged, and no other listings have traded.

Dubai Financial Market

No stocks saw trading of more than AED 100m in the UAE, Emaar Properties (EMAAR) was the most active stock with AED 90m but not the worst loser, falling 4.6% to 2.48. Emarat Takaful Insurance (TAKAFUL-EM) was the worst of the more actively traded stocks with a 7.3% fall to 1.53, followed by Deyaar Development (DEYAAR) and Shuaa Capital (SHUAA) both down more than 5%. Dubai Financial Market (DFM) and Dubai Islamic Insurance (AMAN) fell 4.3%, Arabtec (ARTC) 4.15%, and most other stocks fell less than 4% or on low volumes. There were only two gainers, Arab International Logistics (ARMX) up 1.5%, and Emirates NBD (ENBD) up 0.58%.

Abu Dhabi Securities Exchange

Dana Gas (DANA) was the most active stock in Abu Dhabi with AED 43m worth of deals and a 2.7% fall to 1.03. No other stocks saw more than AED 20m worth of trading. Methaq Islamic Insurance (METHAQ) was the worst of the more active stocks with a fall of 6.55% to 5.05, followed by Aabar Energy (AABAR) down 5.1%. Sorouh Real Estate (SOROUH) fell 3.4%, Ras Al Khaimah Cement (RAKCC) and Green Crescent Insurance (GCIC) fell 3.3%, and most other stocks were down less than 3% or on low volumes. National Bank of Abu Dhabi (NBAD) was down just 0.2%, Emirates Telecom (ETISALAT), First Gulf Bank (FGB), and Abu Dhabi Commercial Bank (ADCB) all closed unchanged. There were 8 gainers but only 2 on trading of more than AED 1m: National Bank of Umm Al Quwain (NBQ) up 4.3%, and Abu Dhabi National Energy (TAQA) up 2.1%.

Dubai Financial Market and Abu Dhabi Securities Exchange index for 06 July 2009

UAE stock market news and discussions at Dubai Share Talk ...

Latest posts and topics (click timestamp for last post) Last Post By Last Post Date
Marketwatch DFM ADX July 2009
spin Mon 06 Jul 2009 14:13
Short term trade is against Islamic values?
sharewadi Mon 06 Jul 2009 11:43
OIL edging towards 60
indigo Mon 06 Jul 2009 11:31
Daily Trade Bulletin Dubai Abu Dhabi
Sher Mon 06 Jul 2009 01:16
Emaar Algeria withdrawal
sharewadi Sat 04 Jul 2009 21:00
Aldar vs Sorouh vs RAK Properties
spiders Sat 04 Jul 2009 19:29
EMAAR MGF IPO
sharewadi Sat 04 Jul 2009 14:20
Emaar MGF IPO India
Cash King Sat 04 Jul 2009 11:01
Which Shares will Peak Faster Now ?
sam111sam Fri 03 Jul 2009 20:33
Aramex foreign ownership limit increase
OnlineTrader Wed 01 Jul 2009 15:55
Marketwatch June 2009 DFM ADX
sharewadi Wed 01 Jul 2009 15:37
First member to 1000 posts - congratulations!
Sher Tue 30 Jun 2009 21:48
Moody's Emaar rating
sharewadi Tue 30 Jun 2009 18:01
DST member introductions
WarrenBuffet Mon 29 Jun 2009 22:10
Daily market movement futures ADX DFM
bandakok Mon 29 Jun 2009 21:44
Agthia trade: Technical Analysis Questions
tyro Mon 29 Jun 2009 21:17
Technical Analysis DFM ADX
OnlineTrader Mon 29 Jun 2009 19:33
best stock rises
symbol price change
UCC 2.34 +0.15 +6.8%
ADSB 2.89 +0.17 +6.3%
NBQ 3.42 +0.14 +4.3%
OEIHC 1.77 +0.07 +4.1%
TAQA 1.46 +0.03 +2.1%
worst stock falls
symbol price change
ALSALAMSUDAN 2.46 -0.26 -9.6%
GMPC 2.31 -0.24 -9.4%
RAKWCT 0.93 -0.08 -7.9%
SUDATEL 3.70 -0.30 -7.5%
TAKAFUL-EM 1.53 -0.12 -7.3%
top volume
symbol value (AED) price
EMAAR89,863,8082.48
ARMX47,280,4091.33
DANA42,531,9861.07
ARTC39,601,0072.54
DEYAAR37,030,3050.70

Sunday, July 05, 2009

UAE markets 05 Jul 2009

UAE market news & discussions for 05 July 2009

The ADX fell 1.3% to 2637 points from turnover of AED 295m, or AED 151m if the trades in NBAD convertible notes were excluded (worth AED 144m). The DFM fell 3.6% to 1756 points from turnover of AED 343m. On the Nasdaq Dubai, DP World fell 3.9% and Depa was unchanged.

Dubai Financial Market

Emaar Properties (EMAAR) (-7.1% to 2.60 from AED 92m) was the most active stock in Dubai today, and almost the worst loser, but still traded less than AED 100m worth. Dar Takaful Insurance (DARTAKAFUL) (-7.2% to 2.18 from AED 1.3m) was the worst loser. Arab International Logistics (ARMX) fell 7.1%, Gulf Navigation (GULFNAV) 6.25%, and most other stocks fell between 3% and 6%. Dubai Investment Company (DIC), Drake & Scull (DSI), Air Arabia (AIRARABIA), and Emirates NBD (ENBD) were the least bad losers, falling less than 3%. There were only two gainers, Ektitab Holding (EKTTITAB) and Al Salam Bank Sudan (ALSALAMSUDAN), both on low volumes.

Abu Dhabi Securities Exchange

National Bank of Abu Dhabi (NBAD) convertible notes made up about half the total turnover in Abu Dhabi today, and traded 10% down at 90.00. Aldar Properties (ALDAR) (-4.7% to 3.60 from AED 42m) was the most actively traded stock otherwise. Abu Dhabi National Insurance (ADNIC) and Fujairah Cement Industries (FCI) closed at 10% limit down prices but with a total of only 3 small trades between them. Aabar Energy (AABAR) (6.6% to 1.98 from AED 7.7m) was the worst of the more active losers, Gulf Pharmaceutical Industries (JULPHAR) fell 5.9% on low volumes, Sorouh Real Estate (SOROUH) fell 5.0%, and the remaining losers fell less than 5%. There were only 6 gainers including Arkan Building Materials (ARKAN) up 4.7%, Abu Dhabi Aviation (ADAVIATION) up 3.9%, Abu Dhabi Commercial Bank (ADCB) and Union National Bank (UNB) up just over 1%.

Dubai Financial Market and Abu Dhabi Securities Exchange index for 05 July 2009

UAE stock market news and discussions at Dubai Share Talk ...

Latest posts and topics (click timestamp for last post) Last Post By Last Post Date
Marketwatch DFM ADX July 2009
spiders Sun 05 Jul 2009 16:31
Daily Trade Bulletin Dubai Abu Dhabi
spiders Sun 05 Jul 2009 12:23
Short term trade is against Islamic values?
Bill Gates Sun 05 Jul 2009 10:57
Emaar Algeria withdrawal
sharewadi Sat 04 Jul 2009 21:00
Aldar vs Sorouh vs RAK Properties
spiders Sat 04 Jul 2009 19:29
EMAAR MGF IPO
sharewadi Sat 04 Jul 2009 14:20
Emaar MGF IPO India
Cash King Sat 04 Jul 2009 11:01
Which Shares will Peak Faster Now ?
sam111sam Fri 03 Jul 2009 20:33
Aramex foreign ownership limit increase
OnlineTrader Wed 01 Jul 2009 15:55
Marketwatch June 2009 DFM ADX
sharewadi Wed 01 Jul 2009 15:37
First member to 1000 posts - congratulations!
Sher Tue 30 Jun 2009 21:48
Moody's Emaar rating
sharewadi Tue 30 Jun 2009 18:01
DST member introductions
WarrenBuffet Mon 29 Jun 2009 22:10
Daily market movement futures ADX DFM
bandakok Mon 29 Jun 2009 21:44
Agthia trade: Technical Analysis Questions
tyro Mon 29 Jun 2009 21:17
Technical Analysis DFM ADX
OnlineTrader Mon 29 Jun 2009 19:33
Currencies - Outlook.
eagleeye Mon 29 Jun 2009 16:42
best stock rises
symbol price change
SCIDC 2.04 +0.14 +7.4%
ARKAN 4.69 +0.21 +4.7%
ADAVIATION 3.22 +0.12 +3.9%
RAKWCT 1.01 +0.03 +3.1%
EKTTITAB 1.02 +0.03 +3%
worst stock falls
symbol price change
ADNIC 6.61 -0.73 -9.9%
FCI 2.93 -0.32 -9.8%
DARTAKAFUL 2.18 -0.17 -7.2%
EMAAR 2.60 -0.20 -7.1%
ARMX 1.31 -0.10 -7.1%
top volume
symbol value (AED) price
EMAAR91,868,6162.60
ARTC55,898,4232.65
ALDAR42,204,5333.63
RAKPROP34,695,8790.73
DSI34,414,3090.89

Thursday, July 02, 2009

UAE markets 02 Jul 2009

UAE market news & discussions for 02 July 2009

The DFM rose 0.61% to 1821 points from AED 561m of turnover with Aramex dominating trading but without the spectacular gain seen yesterday, while Emaar was back in the green after a grim week. The ADX rose 1.6% to 2671 points from turnover of AED 254m with Arkan and ADCB 10% limit up, and good rises for other bank stocks. On the Nasdaq Dubai at 14:45 UAE time, DP World is up 0.55%, Damas is up 3.7%, Depa is unchanged, and GOLD is up 0.78%.

Dubai Financial Market

Arab International Logistics (ARMX) (+1.4% to 1.41 from AED 105m) was the only stock to trade more than AED 100m worth. Most stocks were in the green with Emarat Takaful Insurance (TAKAFUL-EM) up 5.5% on heavier than usual volumes, Dar Takaful Insurance (DARTAKAFUL) up 4.4%, Gulf Navigation (GULFNAV) up 3.9%, Arabtec (ARTC) up 2.6%, and the remainder up less than 2.5% or on low volumes. There were only 3 losers: Ektitab Holding (EKTTITAB) and Emirates NBD (ENBD) on low volumes, and Drake & Scull (DSI) down 1.1% the only loser trading more than AED 1m worth.

Abu Dhabi Securities Exchange

None of the Abu Dhabi stocks traded more than AED 100m. Dana Gas (DANA), up 2.7%, and the three property companies, Ras Al Khaimah Properties (RAKPROP) (+4.2%), Aldar Properties (ALDAR) (+1.3%), and Sorouh Real Estate (SOROUH) (+1.8%) were the most actively traded stocks. Top gainers were Arkan Building Materials (ARKAN) and Abu Dhabi Commercial Bank (ADCB), both with last sales going through at 10% limit up with no sellers in the queue at the end of the day. First Gulf Bank (FGB) was also looking good with a 7.6% rise, Methaq Islamic Insurance (METHAQ) was up 4.9%, Aabar Energy (AABAR) 4.5%, Green Crescent Insurance (GCIC) 3.3%, National Bank of Abu Dhabi (NBAD) 3.2%, and the remainder up less than 3% or on low volumes, including Emirates Telecom (ETISALAT) up just 0.5%. There were 12 losers including 10% limit down closing prices for Fujairah Cement Industries (FCI), National Bank Of Ras Al Khaimah (RAKBANK), and Gulf Medical Projects (GMPC), but only Sharjah Islamic Bank (NBS), falling 1%, saw turnover of more than AED 1m.

Dubai Financial Market and Abu Dhabi Securities Exchange index for 02 July 2009

UAE stock market news and discussions at Dubai Share Talk ...

Latest posts and topics (click timestamp for last post) Last Post By Last Post Date
Daily Trade Bulletin Dubai Abu Dhabi
OnlineTrader Thu 02 Jul 2009 12:40
Marketwatch DFM ADX July 2009
thajuddeen Thu 02 Jul 2009 09:35
Which Shares will Peak Faster Now ?
sam111sam Thu 02 Jul 2009 09:15
Aldar vs Sorouh vs RAK Properties
thajuddeen Thu 02 Jul 2009 08:04
Aramex foreign ownership limit increase
OnlineTrader Wed 01 Jul 2009 15:55
Marketwatch June 2009 DFM ADX
sharewadi Wed 01 Jul 2009 15:37
First member to 1000 posts - congratulations!
Sher Tue 30 Jun 2009 21:48
Moody's Emaar rating
sharewadi Tue 30 Jun 2009 18:01
DST member introductions
WarrenBuffet Mon 29 Jun 2009 22:10
Daily market movement futures ADX DFM
bandakok Mon 29 Jun 2009 21:44
Agthia trade: Technical Analysis Questions
tyro Mon 29 Jun 2009 21:17
Technical Analysis DFM ADX
OnlineTrader Mon 29 Jun 2009 19:33
Currencies - Outlook.
eagleeye Mon 29 Jun 2009 16:42
Forex and Commodity
eagleeye Mon 29 Jun 2009 16:38
How to invest in gold?
eagleeye Mon 29 Jun 2009 16:30
INR Rupee Report 29th June 2009.
eagleeye Mon 29 Jun 2009 16:09
Hello from new member
sharewadi Mon 29 Jun 2009 09:42
best stock rises
symbol price change
ALSALAMSUDAN 2.67 +0.22 +9%
RAKWCT 0.98 +0.08 +8.9%
ARKAN 4.48 +0.35 +8.5%
FGB 14.25 +1.00 +7.5%
ADCB 1.70 +0.11 +6.9%
worst stock falls
symbol price change
FCI 3.25 -0.36 -10%
RAKBANK 3.26 -0.36 -9.9%
EKTTITAB 0.99 -0.07 -6.6%
GMPC 2.55 -0.17 -6.3%
ADAVIATION 3.10 -0.15 -4.6%
top volume
symbol value (AED) price
ARMX104,742,5721.41
ARTC83,061,5392.78
RAKPROP74,393,3340.74
EMAAR71,162,9252.80
DFM56,651,3421.71

Wednesday, July 01, 2009

UAE markets 01 Jul 2009

UAE market news & discussions for 01 July 2009

The DFM rose 1.4% to 1810 points from lower turnover of AED 564m with Aramex the top gainer and by traded value on the news of increased foreign ownership limits. Most stocks were in the green but not Emaar. The ADX fell slightly, by 0.1% to 2629 points from turnover of AED 243m, with the property sector and Etisalat in the red.. On the Nasdaq Dubai at 16:00 UAE time, DP World is up 0.83%, Damas is down 3.6%, Depa up 3.3%, and GOLD down 1.15%.

Dubai Financial Market

Arab International Logistics (ARMX), unusually, was at the top of the traded value list with AED 120m worth and the only stock trading more than AED 100m, and that was despite the stock trading at 15% limit up at 1.39 for most of the day with few sellers in the queue. Emaar Properties (EMAAR) was the next most active stock and fell 0.72% to 2.76. Emarat Takaful Insurance (TAKAFUL-EM) rose 5.1%, Emirates Integrated Telecommunications (DU) was 5% limit up, Dubai Financial Market (DFM) up 4.3%, and most other actively traded stocks rose less than 3%. Shuaa Capital (SHUAA), down 5.2%, was the worst of the more active losers, Al Salam Bank (SALAM_BAH) fell 2.7%, Union Properties (UPP) 1.1%, and 3 other stocks fell on low volumes.

Abu Dhabi Securities Exchange

None of the Abu Dhabi stocks traded more than AED 100m, however it wasn't the property stocks that topped the traded value table for a change. Dana Gas (DANA) was the most heavily traded with AED 72m worth and rose 4.7% to 1.16, First Gulf Bank (FGB) was number two in the traded value list and rose 1.9% to 13.60. The volatile Methaq Islamic Insurance (METHAQ) was the top gainer of the day with a 10% limit up rise to 5.51 and no willing sellers. Aabar Energy (AABAR) rose 2.5%, and the remaining gainers were up less than 2% or on low volumes. Sorouh Real Estate (SOROUH) was the worst of the more active losers with a 1.8% fall to 2.77, followed by Aldar Properties (ALDAR) down 1.6%, Ras Al Khaimah Properties (RAKPROP) and Union National Bank (UNB) down 1.4%, and Abu Dhabi Commercial Bank (ADCB) down 1.2%. The remaining losers fell less than 1% or on low turnover. Emirates Telecom (ETISALAT) was down 0.50% while National Bank of Abu Dhabi (NBAD) rose 0.82%.

Dubai Financial Market and Abu Dhabi Securities Exchange index for 01 July 2009

UAE stock market news and discussions at Dubai Share Talk ...

Latest posts and topics (click timestamp for last post) Last Post By Last Post Date
Daily Trade Bulletin Dubai Abu Dhabi
OnlineTrader Wed 01 Jul 2009 15:59
Aramex foreign ownership limit increase
OnlineTrader Wed 01 Jul 2009 15:55
Marketwatch DFM ADX July 2009
sharewadi Wed 01 Jul 2009 15:44
Marketwatch June 2009 DFM ADX
sharewadi Wed 01 Jul 2009 15:37
First member to 1000 posts - congratulations!
Sher Tue 30 Jun 2009 21:48
Aldar vs Sorouh vs RAK Properties
thajuddeen Tue 30 Jun 2009 19:55
Moody's Emaar rating
sharewadi Tue 30 Jun 2009 18:01
DST member introductions
WarrenBuffet Mon 29 Jun 2009 22:10
Daily market movement futures ADX DFM
bandakok Mon 29 Jun 2009 21:44
Agthia trade: Technical Analysis Questions
tyro Mon 29 Jun 2009 21:17
Technical Analysis DFM ADX
OnlineTrader Mon 29 Jun 2009 19:33
Currencies - Outlook.
eagleeye Mon 29 Jun 2009 16:42
Forex and Commodity
eagleeye Mon 29 Jun 2009 16:38
How to invest in gold?
eagleeye Mon 29 Jun 2009 16:30
INR Rupee Report 29th June 2009.
eagleeye Mon 29 Jun 2009 16:09
Which Shares will Peak Faster Now ?
sam111sam Mon 29 Jun 2009 14:39
Hello from new member
sharewadi Mon 29 Jun 2009 09:42
best stock rises
symbol price change
ARMX 1.39 +0.18 +14.9%
METHAQ 5.48 +0.47 +9.4%
UCC 2.19 +0.15 +7.4%
EKTTITAB 1.06 +0.06 +6%
TAKAFUL-EM 1.65 +0.08 +5.1%
worst stock falls
symbol price change
MAZAYA 4.38 -0.48 -9.9%
UIC 3.75 -0.35 -8.5%
ALSALAMSUDAN 2.45 -0.17 -6.5%
GMPC 2.72 -0.18 -6.2%
SHUAA 1.63 -0.09 -5.2%
top volume
symbol value (AED) price
ARMX120,215,8861.39
EMAAR86,828,7132.76
ARTC73,246,6842.71
DANA71,729,3761.12
DFM66,239,0791.70

Blog Archive

About Me