UAE market news & discussions for 30 July 2007The UAE markets continued to fall today althought the DFM managed a modest recovery towards the end of trading. |
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- SOROUH 2007 H1 profit AED 557m, Q2 profit AED 443m
- 2007 Q2 results for DFM and ADSM companies
- Etisalat introduces corporate Greetune service - PR 29 July 2007
- ETISALAT offers money transfer by mobile phone - WAM 27 Jul 2007
- ETISALAT thanked for support to UAE farmers - PR 29 Jul 2007
- ALDAR - Al Raha Beach reaches first safety milestone - PR 28 Jul 2007
- Protiviti Member Firm (Middle East) Ltd
- Tabarak Partners LLP
- EMAAR - The Economic City power grid MoU with Siemens - PR 29 Jul 07
- DFM - foreigners buy AED 640m shares in 4th week of Jul 07 - 29 Jul 07
- AOIC agreement with TAMWEEL to offer home protection - PR 29 Jul 2007
- ADCB, Burooj (ADIB), OEIHC take stakes in Al Barari project 29 Jul 07
- TAMWEEL Residential 'A' notes rated AA by Fitch - PR 29 Jul 2007
- DIC >> Glass LLC to establish AED 73m glass facility in Qatar - 29 Jul 07
- UAB - may sell stake to Qatar's Commercialbank - R 29 Jul 2007
- AABAR general assembly meeting 19 Aug 2007 - Dalma sale?
- AABAR sells Dalma oil rig unit to GulfCap for AED 1.6 bn - 29 Jul 07
- 30 July 2007 UAE business and stock news
- DIB 2007 H1 profit AED 1.5 bn +112%, Q2 profit +300%
- 29 July 2007 UAE financial and stock news
- 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
More UAE stock market news and discussions...
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Dubai Financial Market
THE DFM index continued its fall today finishing at 4,226 a decline of 0.56% from the previous close. 170 million shares traded worth 767 million dirhams. Seven shares advanced and twelve declined.
AIRARABIA was the top traded share advancing 0.92% to 1.09 dirhams on turnover of 44 million shares.
Other shares to close higher included DFM 2.97 (0.67%), Dubai Investments PJSC (DIC) 4.61 (1.31%), GULFNAV 1.28 (2.40%) and International Financial Advisors KSCC (IFA) 11.50 (15%) limit up on modest turnover.
Shares to close lower included ARABTEC 5.68 (2.90%), Dubai Islamic Bank (DIB) 9.76 (1.51%), National General Cooling Company PJSC (TABREED) 2.56 (1.15%) and Emaar Properties PJSC (EMAAR) 10.70 (0.92%) reached a new 52 week low of 10.50 on strong turnover.
Abu Dhabi Securities Market
The ADSM index finished sharply lower today at 3,430 a fall of 2.76% from the previous close. 106 million shares traded worth 465 million dirhams. Ten shares advanced and 27 declined.
Aldar Properties PJSC (ALDAR) topped trading declining 5.07% to 6.56 dirhams on turnover of 31 million shares.
Other shares to decline included Abu Dhabi Commercial Bank (ADCB) 6.40 (2.74%), Dana Gas PJSC (DANA) 1.57 (2.48%), First Gulf Bank (FGB) 14.45 (2.03%) and Sorouh Real Estate (SOROUH) 4.32 (1.37%).
Shares to increase included Aabar Petroleum Investments Company PJSC (AABAR) 3.57 (2.00%), Sharjah Cement & Industrial Development Company (SCIDC) 4.32 (2.37%) and Abu Dhabi Ship Building (ADSB) 2.80 (1.82%) all on small volumes.
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