UAE market news & discussions for 29 July 2007The UAE markets followed world markets down today with both indicies declining by more than one per cent. |
- DIB 2007 H1 profit AED 1.5 bn +112%, Q2 profit +300%
- 29 July 2007 UAE financial and stock news
- 2007 Q2 results for DFM and ADSM companies
- ARTC 2007 H1 profit AED 173m +53%, Q2 AED 113m +48%
- GRAND Real Estate BOD meeting 23 Jul 2007
- RAKCC 2007 profit Q2 AED 14m -56%, H1 AED 42m -39% from 2006
- TAIB Bank ratings affirmed as BBB- by CI - PR 23 Jul 2007
- NBAD UAE Islamic Fund Al Naeem beats benchmark by 2.3% - PR 23 Jul 07
- NBAD BOD meeting to consider AED 2 bn convertible bonds - 23 Jul 2007
- TAQA creates new Treasury Department and job - PR 23 Jul 07
- AABAR pulls out of AED 1.3 bn bid for Encore Ltd - 24 Jul 2007
- AABAR BOD meeting 22 Jul 07 - name change, convertible sukuk
- AABAR to sell Dalma subsidiary ... 04 Jul 07
- ADCB plans Islamic bank & branches in foreign markets - R 22 Jul 07
- ADCB says no NBAD merger, looking at other banks - R 22 Jul 2007
- EBI-NBD merger good for industry says Moody's - R 19 Jul 07
- DEYAAR - India JV partner's licence cancelled, no problem - KT 19 Jul 07
- ALDAR - Al Gurm construction contract to Six Construct PR 18 Jul 2007
- AABAR announces resignation of Pearl CEO Keith Cameron PR 19 Jul 2007
- TAMWEEL Residential ABS CI Sukuk ratings from Moody's - PR 26 Jul 07
- TAMWEEL - AED 771m Class A bonds closed - PR 26 Jul 2007
- TAMWEEL - AED 771m Class A bonds pricing well - PR 19 Jul 2007
- ADCB 2007 FY profit forecasts from -16% to +30% on 2006 FY
- ADCB 2007 profit Q2 AED 506m -12%, H1 AED 976m -19% from 2006
- ADCB research report from HC Securities [HOLD] - 17 Jul 2007
More UAE stock market news and discussions...
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Dubai Financial Market
The DFM finished the day at 4,250 a fall of 1.89% from the previous close. 227 million shares traded worth 789 million dirhams. Nineteen shares declined and none advanced.
AIRARABIA continued to be the top traded share falling 1.81% to 1.08 dirhams on turnover of 79 million shares.
Other shares to decline based on the highest volume traded included DFM 2.95 (1.81%), Emaar Properties PJSC (EMAAR) 10.80 (3.13%), Dubai Islamic Bank (DIB) 9.91 (1.39%), GULFNAV 1.25 (1.57%), ARAMEX 2.53 (4.88%) and Tamweel PJSC (TAMWEEL) 4.09 (4.88%).
Abu Dhabi Securities Market
The ADSM finished the day at 3,527 a fall of 1.32% drom the previous close. 84 million shares traded worth 286 million dirhams. Eight shares advanced and twenty eight declined.
Oasis International Leasing Company PJSC (OILC) was the top traded share falling 0.68% to 1.46 on turnover of 19 million shares.
Other shares to decline included Aldar Properties PJSC (ALDAR) 6.91 (5%), ARKAN 1.61 (1.83%), Dana Gas PJSC (DANA) 1.61 (2.42%), Ras Al Khaimah Cement Company (RAKCC) 2.24 (5.49%) and Ras Al Khaimah Properties PJSC (RAKPROP) 1.57 (2.48%).
Share to rise on the day included Invest Bank (INVESTB) 2.90 (2.11%), DRIVE 3.26 (8.31%) and both ABNIC 7.89 (9.58%) and NCTH 4.54 (8.35%) on one trade.
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