UAE market news & discussions for 09 July 2007A split day today on UAE markets with the DFM index down on light volume and the ADSM index more than one per cent up on strong volumes. |
- DRC EGM - 100:1 share split and 25% share bonus - 01 Jul 07
- AIRARABIA balance sheet from 19 June 2007
- 09 July 2007 UAE financial and stockmarket news
- MAZAYA subsidiary AED 200m loan from EBI for Sky Gardens - PR 06 Jul 07
- AMLAK deal to provide finance for for Sungwon properties PR 08 Jul 07
- ADCB loan of AED 660m for Etihad plane purchase - 08 Jul 2007
- Bank mergers in the UAE 2007
- ADCB has no bank merger plans says CEO - GN 09 Jul 2007
- 2007 Q2 results for DFM and ADSM companies
- TAMWEEL Q2 profit forecast +28% to AED 50m
- NBD 2007 Q2 profit estimates +74% to AED 431m or +18%
- MASQ 2007 Q2 profit growth expected to be 30%
- EBI 2007 Q2 profit forecasts 434m to 534m dhs
- CBD 2007 Q2 EFG profit forecast +120% to AED 189m
- DIB 2007 Q2 profit forecasts AED 407m to 473m
- DU 2007 Q2 results - released by end July 2007
- DU says no expansion plans outside the UAE - ET 09 Jul 07
- 08 July 2007 UAE business and stock news
- DFM - foreigners buy AED 895m shares in 1st week of July - PR 07 Jul 07
- MAZAYA to have 40% share in Oman Construction portfolio - PR 08 Jul 07
- DIC > M'Sharie > Syscom Emirates alliance with Kathrein FZCO - 02 Jul 07
- DIC - M'Sharie buys 51% of White Aluminium Extrusion LLC
- NBAD to provide 90% finance on Westar Properties - PR 08 Jul 2007
- NBD Investment Bank to arrange AED 367 loan for GEMS - PR 08 Jul 07
- ETISALAT 2007 H1 dividend - BOD meeting 11 July 2007
More UAE stock market news and discussions...
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Dubai Financial Market
The DFM index finished the days trading at 4,517 a slight fall of .37% from yesterdays close. 212 million shares changed hands worth 739 million dirhams. Four shares advanced and thirteen declined.
GULFNAV 1.37 dominated trading again representing over 50% of all shares traded on the market and finishing .72% down.
Other shares to finish lower included DFM 3.30 (.30%), ARAMEX 2.70 (1.81%), Amlak Finance Company (AMLAK) 3.63 (1.08%) and Emaar Properties PJSC (EMAAR) 12.00 (.41%).
Shares that finished higher included Dubai Investments PJSC (DIC) 4.80 (.20%) and the following insurance stocks Arab Insurance Group (ARIG), AMAN and Dubai National Insurance & Reinsurance Co. (DNIR) on light volume.
Abu Dhabi Securities Market
The ADSM index finished a strong days trading at 3,634 a gain of 1.03% from yesterdays close. 439 million shares traded worth 1.2 billion dirhams. Twenty seven stocks advanced and fifteen declined.
Oasis International Leasing Company PJSC (OILC) (1.56) easily dominated with 156 million shares traded and the stock finishing up 2.63%.
Other stocks to finish higher included Aldar Properties PJSC (ALDAR) 7.61 (4.52%), ARKAN 1.74 (.58%), Dana Gas PJSC (DANA) 1.70 (.59%), Sorouh Real Estate (SOROUH) 4.30 (4.37%), Ras Al Khaimah Properties PJSC (RAKPROP) 1.71 (2.40%) and ABAR 3.31 (2.80%).
Stocks that declined on the day included Abu Dhabi Commercial Bank (ADCB) 7.75 (.64%), Finance House PJSC (FH) 8.01 (.50%), Gulf Cement Company (GCEM) 6.42 (.62%), FCI 4.54 (6.97%), however, all were on light volumes.
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