UAE market news & discussions for 23 April 2007Despite a confident start DFM breaks the winning streak and ends slightly down on the day.
ADSM continues to trade in a narrow range. | |
More UAE stock market news and discussions...
best stock rises | symbol | price | change | GCEM | 5.56 | +0.50 | +9.9% | UCC | 4.28 | +0.32 | +8.1% | TKFL | 4.30 | +0.29 | +7.2% | SHUAA | 4.66 | +0.29 | +6.6% | ADAVIATION | 2.08 | +0.12 | +6.1% | | worst stock falls | symbol | price | change | EIC | 10.35 | -1.15 | -10% | DFM | 3.10 | -0.20 | -6.1% | AMAN | 15.25 | -0.90 | -5.6% | OEIHC | 18.05 | -0.95 | -5% | QTEL | 230.00 | -11.30 | -4.7% | | top volume | symbol | value (AED) | price | DFM | 887,387,904 | 3.10 | DIC | 280,879,261 | 4.60 | EMAAR | 145,666,525 | 11.25 | TABREED | 119,917,185 | 2.26 | GULFNAV | 119,796,366 | 1.11 | |
Dubai Financial Market
The DFM index ended at 3872 a fall of .82% from the previous day. 642 million shares changed hands with a value of 2 billion dirhams. As with the previous days DFM and GULFNAV shares dominated trading representing 61% of all shares traded. This is down slightly from 70% on the previous few days.
Top gainers on reasonable volume included Shuaa Capital PJSC (SHUAA) 4.70 (6.5%) and Emirates Bank International Group (EBI) 8.65 (2.59%).
Top decliners on reasonable volume included DFM 2.93 (6.4%), AMAN 14.95 (5.7%), GULFNAV 1.09 (4.4%) and Aramex PJSC (ARMX) 2.12 (3.2%).
Abu Dhabi Securities Market
The ADSM index ended the trading day at 3091 a gain of .66% from the previous day. 88 million shares changed hands with a value of 335 million dirhams.
The top gainers on reasonable volume included Gulf Cement Company (GCEM) 5.56 (9.8%), Aldar Properties PJSC (ALDAR) 5.14 (3%), Sorouh Real Estate (SOROUH) 2.89 (2.48%) and Abu Dhabi National Energy Company (TAQA) 2.00 (.5%).
The top decliner on reasonable volume was ARKAN 1.22 (1.61%).
Last Trading Days this week - Record Date is two days later (E&OE)
AGMs and EGMs (E&OE) this week