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

Wednesday, November 01, 2006

DFM -2%, ADSM -1.3% Wed 01 Nov 2006

Another day in the dumps for DFM and ADSM. DFM down another 2% today to close at 408 - that 400 level is getting very close, and we thought we'd seen the last of it a few months ago. Once again, almost 1 bn dhs worth of shares were traded. Are there really so many people wanting to pull out so much cash for the DFM IPO coming up? ADSM also reasonable volume at almost 90m dhs to close at 3354, down 1.3%.

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