UAE market news & discussions for 13 August 2007DFM was up slightly on very low trading volumes, ADSM dropped marginally on larger trading volumes. Amlak Finance, Gulf Navigation and Dana Gas were the stocks that rocked today, all with rises of about 3% and meaty trading volumes for Dana Gas. |
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- 13 Aug 2007 business and stock news in the UAE
- 2007 Q2 results for DFM and ADSM companies
- ADCB launches PayPass equipped MasterCard credit card PR 12 Aug 2007
- AIRARABIA adds security to online booking system - GN 13 Aug 2007
- AIRARABIA call center now open 24 hrs per day - PR 08 Aug 2007
- AIRARABIA - Sharjah-Manama flight demand up 100% - PR 13 Aug 2007
- ARKAN - BOD meeting 13 Aug 2007
- BSE - biggest one-day fall for Bahrain stocks this year - 13 Aug 2007
- Borse Dubai bid for OMX is confusing - DJ 13 Aug 2007
- Borse Dubai trip to Sweden for OMX bid - R 09 Aug 07
- Borse Dubai - OMX announces shareholding changes PR 13 Aug 2007
- Borse Dubai - OMX investors say bid price not the only factor - 12 Aug 07
- Borse Dubai bid for OMX followed Swedish law - 12 Aug 2007
- Borse Dubai interested in LSE stake - 12 Aug 2007
- Daman Securities International opens office in DIFX
- DP World considering AED 7.3 bn IPO ... again - 12 Aug 2007
- DIC > DIP - MCT Group completes plant construction - PR 13 Aug 2007
- EMAAR 2007 profit Q2 AED 1.548 bn +1%, H1 AED 3.267 bn +7%
- EMAAR Misr - huge investor response to Uptown Cairo launch PR 12 Aug 07
- ETISALAT bidding for both fixed and mobile license in Qatar AB 13 Aug 07
- ETISALAT new Data USB Modem for wireless Internet - PR 13 Aug 2007
- FGB finances Royal Jet aircraft purchase - PR 13 Aug 2007
- SOROUH 2007 H1 profit AED 557m, Q2 profit AED 443m
- SOROUH share price more than doubles in 2007 - GN 13 Aug 2007
- TABREED Finance VP now also Deputy CEO - PR 13 Aug 2007
More UAE stock market news and discussions...
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Dubai Financial Market
The DFMGI rose 0.4% to 4297 in late trading after a depressing start. Turnover of AED 354m dhs was relatively light, with just 4 stocks falling, 3 unchanged, and 14 rising.
GULFNAV and Amlak Finance Company (AMLAK) rose 3.1% to 1.34 and 3.37 respectively. DFM shares were up 2% to 3.00, AIRARABIA was up 1.6% to 1.29, and Emaar Properties PJSC (EMAAR) was up 1.4% to 10.95 from just 60m dhs worth of trades.
National Bank of Dubai (NBD) was down by 2.3% to 8.89, Emirates Bank International Group (EBI) down 1.1% to 9.25 and Shuaa Capital PJSC (SHUAA) fell just 0.4% to 5.00.
Abu Dhabi Securities Market
The ADSM index was down just over a point, or 0.04%, to 3505 from decent enough turnover of 668m dhs.
Dana Gas PJSC (DANA) had a good day with a 3% rise to 1.71 and 129m dhs worth of trades, ARKAN and Ras Al Khaimah Properties PJSC (RAKPROP) also busy but up just one fil each to 1.72 and 1.69 respectively. Abu Dhabi National Energy Company (TAQA) rose 1.4% and the remaining rises were on few trades or amounts less than 1%.
Falls of 2.3% to 19.25 for National Bank of Abu Dhabi (NBAD), 0.8% to 17.55 for Emirates Telecommunications Company (ETISALAT), and otherwise less than 1% or on thin trading.
Aldar Properties PJSC (ALDAR) was the most actively traded stock today on turnover, falling by just 0.3% to 6.83 and 185m dhs worth of deals. Oasis International Leasing Company PJSC (OILC) took a breather after yesterday's big day and closed flat on much reduced volume.
- Discuss UAE companies at Dubai Share Talk.
