UAE market news & discussions for 07 August 2007Trading volume recovered today on the DFM led by very strong trading in AIRARABIA. 442 million shares traded in AIRARABIA and they finished 4.91% up at 1.28 dirhams, comprising over 80% of all shares traded. |
- 07 Aug 2007 UAE business, finance, and stock news
- QTEL and Asia Cell will bid for Iraq mobile license - ADSM 07 Aug 2007
- ETISALAT - no per second charging yet & no comment - GN 07 Aug 2007
- ETISALAT to charge mobile calls per second - GN 03 Dec 2006
- DFM & Arab stock exchanges facts and figures 2006 - KT 07 Aug 07
- NBAD CEO comments on mergers, expansion & bonds - R 06 Aug 07
- NBAD supports Al Dheyaa Rehabilitation Centre - PR 06 Aug 07
- ADIB report from Global gives [BUY] recommendation - 06 Aug 2007
- 2007 Q2 results for DFM and ADSM companies
- DIFX new chairman and changes in BOD - PR 28 Jun 2007
- Borse Dubai - merger of DFM and DIFX? PR 06 Aug 07
- Stock Picks by Technical Analysis July 2007
- BOS 2007 profit Q2 AED 110m +63%, H1 AED 153m +22% from 2006
- TKFL 2007 H1 profit AED 9m +16%, 2007 Q2 profit AED 2m -15%
- EIB 2007 Q2 profit AED 34m +19%, 2007 H1 profit AED 76m +48%
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- EBI-NBD Emirates NBD share swap terms and timetable - 31 Jul 2007
- WARE Agility 2006 FY results late, trading suspended - 15 Mar 07
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- DU & Marhaba to offer Visitor Mobile Line Packs at DXB airport 05 Aug 07
- DFSA signs MoU with financial authority (FME) in Iceland - PR 06 Aug 07
- IFA Hotels & Resorts Zilwa new development in Seychelles - 05 Aug 07
- TAQA 2007 H1 profit AED 249m +26%, 2007 Q2 profit AED 186m +43%
- EMAAR launch Ghadeer townhomes with EIB finance - PR 05 Aug 07
- NBAD - AED 480m loan to Gulf Fluor for new fluorides plant - 05 Aug 07
More UAE stock market news and discussions...
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Dubai Financial Market
the DFM index finished at 4,262 an increase of 0.36% from the previous close. 549 million shares traded worth 920 million dirhams. Sixteen shares advanced and two declined.
AIRARABIA continues to dominate trade with 442 million shares trading comprising over 80% of all shares traded. They finished at 1.28 dirhams an increase of 4.91%.
Other shares to rise included: DFM 2.49 (0.68%), GULNAV 1.29 (1.57%), National General Cooling Company PJSC (TABREED) 2.54 (1.60%) and Islamic Arab Insurance Company PSC (IAIC) 3.14 (1.94%).
Shares that fell included: Emirates Integrated Telecommunications Company (DU) 4.93 (0.40%), Emirates Bank International Group (EBI) 9.30 (0.32%) on very small volumes.
Abu Dhabi Securities Market
The ADSM index finished at 3, 473 an increase of 0.39% from the previous close. 102 million shares traded worth 276 million dirhams. Twenty two shares advanced and twelve declined.
ARKAN was the top traded share finishing up 2.44% at 1.68 dirhams.
Other shares to rise included: Aldar Properties PJSC (ALDAR) 6.75 (1.81%), Dana Gas PJSC (DANA) 1.61 (0.63%) and Ras Al Khaimah Properties PJSC (RAKPROP) 1.61 (2.55%).
Shares that fell included: Sorouh Real Estate (SOROUH) 4.47 (0.22%), Ras Al Khaimah White Cement Company (RAKWCT) 2.11 (0.47%), Emirates Telecommunications Company (ETISALAT) 17.75 (0.57%) and Bank Of Sharjah (BOS) 2.58 (3.37%).
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