UAE market news & discussions for 22 April 2007Whats this another up day on the DFM? healthy volume and a one percent increase in the index could point to better times ahead. |
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- NBD 2007 Q1 earnings - released on 29 April 2007
- ARMX 2007 Q1 earnings
- SALAM 2007 Q1 earnings announced 22 April 2007
- ARTC expansion plans in Middle East and Asia
- Ambiguity in ESCA's brokerage structure or what ?
- TABREED 2006 FY profit +104% to AED 104m - 04 Feb 2007
- UPP 2006 FY profit AED 614m +5% from 2005
- RAKPROP 2006 FY profit AED 405m +243% from 2005 - 22 Jan 2007
- ARMX 2005 FY profit AED 95m +28% on 2005 - conflicting revenues
- Played with Tamweel > Gulfnav > Dfm > Tabreed > Which is Next!!
- UAE share related news 21 April 2007
- how punters use to trap in equity market
- DANA Gas signs gas development agreement with Kurds in Iraq 15 Apr 07
- UAE stocks news 20 April 2007
- Gulf Navigation shares trading
- UAE stock related news 19 April 2007
- Stock Picks by Technical Analysis April 2007
- Air Arabia IPO sucks liquidity from the market. Really? 16 Apr 07
- good signs for dfm
- DFM share - any ground for this rally?
- EMAAR MGH in India completes RSH acquisition in Singapore 18 Apr 07
- ACICO sells one of its own properties
- ARTC 2006 FY profit AED 217m up 30% from 2005 - GN 22 Jan 2007
- DRC 2006 FY results 01 Feb 2007 - not reviewed yet
- CBD 2007 Q1 financial statements
More UAE stock market news and discussions...
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Dubai Financial Market
The Dubai Financial Market Index increased today by 1% to 3904. Volume was strong with 691 million shares changing hands worth 2.1 billion dirhams. Trading was again dominated by DFM and GULFNAV with those two stocks representing 71% of all trades. The more DFM stock trades the more profit the Dubai FM makes. Good business if you can get it.
Top gainers on reasonable volume included National General Cooling Company PJSC (TABREED) 2.17 (8.42%), DFM 3.14 (3.32%), Dubai Islamic Bank (DIB) 7.27(2.25%) and Dubai Investments PJSC (DIC) 4.55 (2.24%).
Top decliners on reasonable volume included GULFNAV 1.15 (.88%) and Emirates Bank International Group (EBI) 8.52 (.70%)
Abu Dhabi Securities Market
The ADSM index finished the day at 3090 a slight decrease of .04%. 93 million shares chaged hands worth 268 million dirhams.
Top gainers on reasonable volume included AGTHIA 1.22 (3.39%), ARKAN 1.24 (1.64%), Gulf Cement Company (GCEM) 5.06 (3.62%) and Aldar Properties PJSC (ALDAR) 4.98 (1%).
Top decliners on small volumes included ADNH 4.61 (9%), ADAVIATION 1.96 (6.67%) and Invest Bank (INVESTB) 2.02 (3.81%).
- Comment on this report and view previous reports on the Share Wadi blog.
- Discuss UAE companies at Dubai Share Talk.
Last Trading Days this week - Record Date is two days later (E&OE)
- ADIB last trading day - Sun 22 or Tue 24 Apr 2007 (not clear)
- ARMX last trading date 19 or 23 April 2007 - AGM results state "Merit Date" is 23 April 2007
- FOODCO last trading day 18 or 22 Apr 2007 possibly, depending on AGM.
- UFC last trading day 18 or 22 Apr 2007?
- UPP last trading date 23 April 2007 (clarification in Arabic issued 18 Apr 2007)
AGMs and EGMs (E&OE) this week
- AABAR AGM 24 Apr 2007
- AGTHIA AGM - 26 April 2007 at 5pm - no dividend discussion on agenda.
- ARKAN AGM 23 Apr 2007 - 7% cash dividend proposed
- ASMAK AGM 22 Apr 2007 - postponed from 28 Mar 2007
- DIC AGM 23 Apr 2007 - cash dividend 15%, share dividend 10%, record date 03 May 2007
- DRIVE AGM 24 April 2007 - dividend information unknown. AGM deferred from 17 Apr 2007.
- JEEMA General Assembly Meeting 22 Apr 2007 - 10% cash dividend proposed (or share dividend?)
- TAQA Annual General Meeting 22 Apr 2007 - 5% cash dividend proposed
