UAE markets 10 Jun 2007

UAE market news & discussions for 10 June 2007 A day of divergence on the UAE markets. DFM finished down on low turnover while ADSM rose more than one percent on high turnover. The trading highlight on DFM was AMAN rising 14.9% on reasonable volume. For ADSM, ARKAN rose over 7% on large volumes.

• Day Trade Indications
• EMAAR - Dubai Bank may buy Gulf Arab lender - R 10 Jun 07
• EMAAR Healthcare Group and DOHMS MoU with Joslin and Harvard
• 10 Jun 2007 UAE business news
• MASQ - Invesco PLC funds now available to Mashreq customers
• ADIB may buy stake in Egypt's NDB bank - 09 Apr 2007
• TAMWEEL to partner with Egypt's CIB?
• DU CTO leaves - ET 05 Jun 2007
• FGB meeting 30 May 2007 - foreign ownership limit and AED 1.8 bn loan
• GRAND 2006 FY profit AED 154m -5.7% from 2005 - 01 Feb 2007
• DU report HC Securities 07 Jun 2007 [STRONG BUY]
• DFM - foreign investors buy AED 1.6 bn shares in 1st week of Jun 2007
• AMLAK for Property Finance in Saudi Arabia
• DU report Gulf Capital Group 07 Jun 2007 [HOLD]
• 09 Jun 2007 UAE business news
• SOROUH starts Mangrove Place work
• DGCX delays launch of steel futures
• DIC 2006 FY profit AED 990m up 45% from 2005 - 28 Jan 2007
• DFM when to buy?
• 07 Jun 2007 UAE stocks and business news
• SALAM stake in Solidere International - 07 Jun 2007
• 08 Jun 2007 UAE business news
• Difficulties for foreign investors to invest in Middle-East
• Broker for investing in MENA (Middle-East, North-Africa)
• Is DFMGI begging to correct?

More UAE stock market news and discussions...

best stock rises symbol price change AMAN 19.95 +2.70 +15.7% DRIVE 2.93 +0.28 +10.6% ARKAN 1.76 +0.16 +10% AGTHIA 2.19 +0.20 +10.1% EIC 10.60 +1.00 +10.4%

worst stock falls symbol price change NCTH 4.21 -0.38 -8.3% UNION 1.91 -0.16 -7.7% OEIHC 15.50 -0.75 -4.6% NMDC 4.05 -0.14 -3.3% ARMX 2.73 -0.06 -2.2%

top volume symbol value (AED) price ARKAN 306,897,531 1.76 RAKPROP 261,545,309 1.78 EMAAR 168,198,489 12.15 OILC 145,052,951 1.42 SOROUH 134,676,717 4.33

Dubai Financial Market

The Dubai Financial market finished trading lower today with the main index finishing at 4463 a fall of .30%. All together 252 million shares changed hands worth a total of 1.04 billlion dirhams. Six shares advanced, eleven declined and five remained unchanged.

Top gainers on reasonable volume included AMAN 20.80 (14.9%), DFM 3.34 (.89%), Emirates Integrated Telecommunications Company (DU) 5.38 (1.12%).

Top decliners on reasonable volume included Aramex PJSC (ARMX) 2.69 (2.18%), National General Cooling Company PJSC (TABREED) 2.72 (1.44%), Dubai Investments PJSC (DIC) 4.67 (1.26%) and Tamweel PJSC (TAMWEEL) 4.50 (1.09%).

Abu Dhabi Securities Market

The ADSM finished trading higher today with the main index finishing at 3640 a gain of 1.13%. All together 627 million shares changed hands worth a total of 1.4 billlion dirhams. Thirty two shares advanced, nine declined and three remained unchanged.

Top gainers on reasonable volume included ARKAN 1.76 (7.32%), Ras Al Khaimah Properties PJSC (RAKPROP) 1.78 (5.95%), AGTHIA 2.19 (5.80%), Dana Gas PJSC (DANA) 1.71 (3.01%) and Sorouh Real Estate (SOROUH) 4.33 (3.84%).

Top decliners on small volumes included NCTH 4.21 (7.4%) and National Marine Dredging Company (NMDC) 4.05 (3.3%).

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