UAE markets 25 Jul 2007

UAE market news & discussions for 25 July 2007 Today the markets headed in opposite directions with the DFM down 0.57% and the ADSM up 0.31%. Share trading volumes remain subdued. The top traded share on DFM was AIRARABIA rising 0.91% to 1.10 as investors considered its positive H1 results. The top traded share on the ADSM was RAKCEC rising 6.57% to 2.27. Other RAK stocks also did well.

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More UAE stock market news and discussions...

best stock rises symbol price change RAKCEC 5.00 +0.43 +9.4% UAB 7.40 +0.49 +7.1% RAKCC 2.27 +0.14 +6.6% INVESTB 2.94 +0.15 +5.4% RAKWCT 2.20 +0.09 +4.3%

worst stock falls symbol price change NCTH 4.19 -0.31 -6.9% UNION 2.14 -0.11 -4.9% UNB 7.55 -0.30 -3.8% AKIC 1.57 -0.06 -3.7% GLOBAL 10.50 -0.40 -3.7%

top volume symbol value (AED) price AIRARABIA 133,376,234 1.10 ALDAR 126,953,819 7.50 EMAAR 89,352,265 11.15 GULFNAV 47,505,603 1.28 RAKCC 43,678,974 2.27

Dubai Financial Market

The DFM gave up most of its gains from yesterday falling 0.57% to 4,322. 199 million shares traded worth 405 million dirhams. Two shares advanced and seventeen declined.
The top traded share was AIRARABIA climbing 0.91% to 1.10 dirhams on a turnover of 121 million shares.

The other share to advance was Shuaa Capital PJSC (SHUAA) 4.98 (0.60%).

Shares to fall on the day included GULFNAV 1.28 (2.29%), DFM 3.07 (1.91%), Emaar Properties PJSC (EMAAR) 11.15 (0.44%), Dubai Investments PJSC (DIC) 4.63 (0.85%) and Amlak Finance Company (AMLAK) 3.35 (0.88%).

Abu Dhabi Securities Market

The ADSM rose today finishing at 3,590 or 0.31% above yesterdays close. 119 million share traded worth 414 million dirhams. Twenty three shares advanced and fourteen declined.
The top traded share was Ras Al Khaimah Ceramics (RAKCEC) rising 6.57% to 2.27 on a turnover of 19 million shares.

Other shares to advance included Oasis International Leasing Company PJSC (OILC) 1.48 (0.68%), UAB 7.40 (7.09%), Ras Al Khaimah White Cement Company (RAKWCT) 2.20 (4.27%) and Ras Al Khaimah Properties PJSC (RAKPROP) 1.61 (1.26%).

Shares to decline included Aldar Properties PJSC (ALDAR) 7.50 (0.27%), Union National Bank (UNB) 7.55 (3.82%) and Abu Dhabi Commercial Bank (ADCB) 6.92 (0.29%)

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