UAE market news & discussions for 25 April 2007Both DFM and ADSM started lower and finished lower today. Volume and value of trading was lower than average on both markets. |
|
- UAE stockmarket news and updates 25 April 2007
- CBD EGM 30% share bonus and 50% rights issue 29 Oct 2005
- QTEL and ATCO to buy majority of Pakistan's Burraq Telecom
- NBF 2007 Q1 earnings - BOD meeting 28 Apr 2007
- Thuraya IPO
- DRIVE 2006 FY results announced 29 Jan 2007 BOD 01 Feb 2007
- AABAR 2006 FY profit AED 93m -85% from 2005 - BOD meeting 30 Jan 2007
- BAYAN 2006 FY results late - released 13 Mar 2007
- 2007 Q1 results for DFM and ADSM companies
- DIB 2007 Q1 profit AED 424m up 28% from 2006 Q1
- BAYAN 2007 Q1 earnings
- DFM 2007 Q1 earnings AED 563m (AED 95m excluding IPO income)
- NGI 2007 Q1 earnings
- Trading chatroom for UAE stocks available now (beta phase)
- UIC 2007 Q1 earnings - BOD meeting 22 Apr 2007?
- DRIVE 2007 Q1 earnings
- UCC 2007 Q1 earnings
- Tomorrow's predictions & Intraday Stocks movement
- ARMX 2005 FY profit AED 95m +28% on 2005 - conflicting revenues
- Dubai Share Talk censorship
- UAE share related news and discussions 24 April 2007
- EIB 24 April 2007 EGM for AED 3.7 bn sukuk - DFM 29 Mar 2007
- DIC 2007 Q1 profit
- NRE 2006 FY results (not checked) announced 08 Feb 2007
- AMLAK 2007 Q1 earnings AED 24m
More UAE stock market news and discussions...
|
|
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Dubai Financial Market
the DFM index finished the day at 3822 a fall of .92%. 312 million shares changed hands with a value of 1 billion dirhams. DFM and GULFNAV dominated trading representing 54% of all trading.
The top gainer on reasonable value was Tamweel PJSC (TAMWEEL) 3.39 (.30%).
Top decliners on reasonable volume included DFM 2.59 (8.4%), Amlak Finance Company (AMLAK) 2.75 (4.8%), National General Cooling Company PJSC (TABREED) 2.08 (4.15%), Emaar Properties PJSC (EMAAR) 10.90 (1.36%).
Abu Dhabi Securities Market
The ADSM index finished the day at 3080 a fall of .43%. 77 million shares changed hands with a value of 239 million dirhams.
Top gainers on reasonable volume included Gulf Cement Company (GCEM) 6.20 (6.1%), Abu Dhabi Ship Building (ADSB) 2.65 (5.5%).
Special mention for PALTEL rising 10% on a 50 share trade.
Top decliners on reasonable volume included Aldar Properties PJSC (ALDAR) 5.00 (3.66%), Abu Dhabi National Energy Company (TAQA) 1.95 (1.52%) and ARKAN 1.21 (.82%).
- 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 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 to 29 Apr 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?)
- OILC AGM - 23 Apr 2007, BOD proposes no dividend but a 10:1 stock split.
- TABREED AGM 25 Apr 2007 - postponed from 20 Mar, 27 Mar, 19 Apr 2007
- TAQA Annual General Meeting 22 Apr 2007 - 5% cash dividend approved
