UAE market news & discussions for 17 July 2007Both UAE markets fall today as investors digest results from major companies like EMAAR and ADCB. |
- AIRARABIA floats 17 July 2007 - what price?
- 17 July 2007 UAE financial and stockmarket news
- DIFC to bid for OMX ... again?? - 14 Jul 2007
- TAQA CEO targetting AED 15 bn acquisitions in 12 months - R 17 Jul 07
- EMAAR 2007 profit Q2 AED 1.548 bn +1%, H1 AED 3.267 bn +7%
- EMAAR (doesn't) clarify Dubai Holding deal? 16 May 2007
- DANA Gas announces launch of $1 bn Convertible Sukuk - 16 Jul 07
- ETISALAT - Atlantique subsidiary to be shut down in Benin - 09 Jul 2007
- AGTHIA to sell Mother Parkers Tea & Coffee products in UAE - 16 Jul 2007
- ADCB 2007 profit Q2 AED 506m -12%, H1 AED 976m -19% from 2006
- Air Arabia initiation report from Shuaa 16 July 2007
- NBS 2007 profit Q2 AED 70m +135%, H1 AED 121m +33% from 2006
- 2007 Q2 results for DFM and ADSM companies
- INVESTB 2007 profit Q2 AED 50m +82%, H1 AED 122m +11% from 2006
- DFM 2007 profit Q2 AED 185m, H1 AED 748m
- EMAAR setting up 100% Hamptons subsidiary in India? - 16 Jul 2007
- DIFX - Swiss brokers allowed to trade directly - PR 15 July 2007
- DIC - AED 51 bn investment in DIP by 2008, new EBC opens - 15 Jul 07
- Emaar DHA Islamabad Ltd assigned 'PE 1' developer rating PR 16 Jul 07
- Share buybacks for UAE stocks
- GLOBAL 10% share buyback approved 16 July 2007
- OIC - Board of Directors change (Arabic disclosure) - 16 July 2007
- WARE / AGLTY AED 3.7 bn contract in Al Seyassah news denied 16 July 07
- AMLAK 2007 Q2 profit +86.4% to AED 82m, H1 profit +31% to AED 106m
- ETISALAT 2007 H1 dividend - 25% cash
More UAE stock market news and discussions...
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Dubai Financial Market
The DFM index finished todays trading at 4,419 down 1.79% from yesterdays close. 826 million shares traded worth 1.5 billion dirhams. Two shares advanced and twenty one declined.
AIRARABIA shares easily topped trading with 695 million changing hands. the sharfes finished at 1.11 a 11% premium to the price paid by share holders.
EMAR fell 3.75% to 11.55 as investors digested the H1 results.
Other shares to trade on reasonable volume all finished down and included Amlak Finance Company (AMLAK) 3.52 (2.22%), GULFNAV 1.33 (1.48%) and UNION 3.29 (2.08%).
Abu Dhabi Securities Market
The ADSM index finished todays trading at 3,674 down 0.32% from yesterdays close. 196 million shares traded worth 534 million dirhams. Ten shares advanced and twenty nine declined.
Shares to rise on reasonable volume included Emirates Telecommunications Company (ETISALAT) 18.90 (0.27%), ASMAK 6.86 (7.19%) and Abu Dhabi Ship Building (ADSB) 2.97 (3.13%).
Shares to fall on reasonable volume included ABAR 3.79 (2.30%), ARKAN 1.72 (0.58%), Abu Dhabi Commercial Bank (ADCB) 7.32 (1.21%), Dana Gas PJSC (DANA) 1.72 (0.58%), Oasis International Leasing Company PJSC (OILC) 1.51 (2.58%) and Ras Al Khaimah Properties PJSC (RAKPROP) 1.70 (1.16%).
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