UAE market news & discussions for 25 June 2007DFM and ADSM index finish down on a quiet days trading. Only 799 million dirham worth of shares changed hands for both markets. |
- EMAAR-MGF - $12 bn investment and largest mall in India planned
- MASQ - Fitch ratings affirmed at A with Outlook Stable - 24 Jun 2007
- TAIB Bank to sell 60% stake to Dubai Financial - PR 20 June 2007
- IFA Hotels & Resorts opens first YOTEL at Gatwick, UK
- DME - approvals from Estonia, Guernsey, Luxembourg, Poland, Holland
- DFM - foreign investors buy AED 1.2 bn shares in 3nd week of Jun 2007
- EIB launches Islamic Alternative Strategies Fund
- DANA Gas acquires affiliate Danagaz Bahrain
- SHUAA to sell 32% stake to Dubai Banking Group
- DFM Sharia board to classify companies according to Sharia principles
- Dubai's Economic Growth and Property Bubble - Will It Burst?
- UAE will maintain global economic strength says Shaikha Lubna
- 25 June 2007 UAE business and stock news
- SHUAA foreign ownership limit increase to 49%
- SHUAA share price plummets 12.5% 11 June 2007
- NBAD restructuring and merger talk
- Stock Picks by Technical Analysis June 2007
- ARTC Wins 650 Millions AED contract at Dubai Marina
- GLOBAL AGM 23 Jun 2007 to elect new BOD
- 24 June 2007 UAE business and stockmarket news
- DIC to spend AED 2 bn on glass expansion
- Deyaar Founding General Assembly results
- Property crash in Spain a forecast for Dubai?
- 23 June 2007 UAE business and stock news
- EMAAR - DH deal & ESCA weakness knock investor confidence
More UAE stock market news and discussions...
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Dubai Financial Market
Another quiet days trading on the DFM with the index finishing at 4,457 down .52% from yesterdays close. 140 million shares changed hands worth 501 million dirhams. Only two shares advanced and thirteen declined.
Despite Shuaa Capital PJSC (SHUAA) and Emaar Properties PJSC (EMAAR) being in the news both stocks finished down on modest volume.
Two stocks gained in value AMAN 28.00 (.71%) and Dubai Investments PJSC (DIC) 4.67 (.21%).
Top decliners on reasonable volume were DFM 3.22 (1.52%), Shuaa Capital PJSC (SHUAA) 5.25 (1.12%), Emirates Integrated Telecommunications Company (DU) 5.21 (.95%) and National General Cooling Company PJSC (TABREED) 2.75 (.72%).
Abu Dhabi Securities Market
The ADSM index finished the trading day at 3,592 a slight fall of .15%. 119 millon shares changed hands worth 298 million dirhams. Eight shares advanced and twenty eight declined.
Nearly 30% of all shares traded comprised of trades in Oasis International Leasing Company PJSC (OILC).
The top gainer on reasonable volume was Emirates Telecommunications Company (ETISALAT) 18.85 (1.62%).
The top decliners on reasonable volume included Dana Gas PJSC (DANA) 1.69 (3.98%), ARKAN 1.64 (2.38%) and Ras Al Khaimah Properties PJSC (RAKPROP) 1.65 (3.51%)
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