UAE markets 21 Aug 2007

UAE market news & discussions for 21 August 2007 UAE stock markets continued to fall today. The DFM index finished at 4,067 just holding above the 4000 level and the ADSM index finished at 3,393. Volume on both markets was modest. AIRARABIA topped trading on the DFM finishing 2.45% down at 1.19 dirhams and comprising 50% of all shares traded. OILC topped trading on the ADSM finishing down 1.76% at 1.67 dirhams and comprising 45% of all shares traded.

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• EMAAR buys John Laing Homes (US) for $1.05 bn - GN 03 June 2006
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• Citadel Capital to build AED 8.8 bn refinery in Egypt - R 21 Aug 2007
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• AMLAK chairman warns of subprime fallout on bond prices - AB 21 Aug 07
• ADSB plans new commercial yard - ZDJ 21 Aug 2007
• UAE 2006 GDP revised up to 9.4% - R 20 Aug 2007
• Borse Dubai answers to OMX questions ... or not? - 21 Aug 2007
• Dubai real estate brokers to be ranked by RERA - KT 21 Aug 2007
• Real Estate Regulatory Agency (RERA) Dubai
• Dubai Rent Cap 2008 may be relaxed - GN 20 Aug 2007
• IMF Country Report for the US 2007 - 01 Aug 07
• MEED Dubai Real Estate Report 2007
• plz write your comments about dfm,adsm to make them more transperent
• "DFM list Air Arabia Company on DFM General Index" What is criteria
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• 20 Aug 2007 financial and business news in the UAE
• Borse Dubai chief says OMX bid more attractive than Nasdaq's -R 20 Aug 07
• Borse Dubai bid less attractive than Nasdaq's says OMX chief - R 20 Aug 07
• Al Qudra planning investment in Mauritiana - R 20 Aug 2007

More UAE stock market news and discussions...

best stock rises symbol price change AWNIC 4.40 +0.32 +7.8% EIC 11.80 +0.85 +7.8% UCC 4.92 +0.23 +4.9% NBAD 18.70 +0.50 +2.7% BILDCO 3.89 +0.06 +1.6%

worst stock falls symbol price change OEIHC 17.90 -1.90 -9.6% TKFL 4.24 -0.43 -9.2% ASMAK 5.12 -0.43 -7.7% NMDC 4.36 -0.30 -6.4% DNIR 3.17 -0.16 -4.8%

top volume symbol value (AED) price EMAAR 199,833,989 10.10 AIRARABIA 97,295,205 1.19 OILC 76,566,657 1.67 DFM 46,116,828 2.80 DIB 45,214,447 9.05

Dubai Financial Market

The DFM index finished at 4067 today a fall of 1.32% from the previous close. 161 million shares traded with a value of 494 million dirhams. Two shares advanced and seventeen declined.
AIRARABIA topped trading falling 2.45% to 1.19 dirhams on 80 million shares traded.

Other shares to fall included: DFM 2.80 (0.35%), Emaar Properties PJSC (EMAAR) 10.10 (1.46%), GULFNAV 1.26 (0.78%).

Shares to rise on the day included: ARAMEX 2.49 (0.80%), Emirates Bank International Group (EBI) 9.25 (0.32%).

Abu Dhabi Securities Market

The ADSM index finished at 3,393 today a fall of 0.22% from the previous close. 101 million shares traded worth 230 million dirhams. Nine shares advanced and twenty four declined.
Oasis International Leasing Company PJSC (OILC) topped trading falling 1.76% to 1.67 dirhams on 45 million shares traded.

Other shares to fall included: ARKAN 1.68 (1.18%), Dana Gas PJSC (DANA) 1.60 (1.23%) and Aldar Properties PJSC (ALDAR) 6.32 (1.86%).

Shares to rise on the day included: Commercial Bank International (CBI) 2.30 (0.88%), Ras Al Khaimah White Cement Company (RAKWCT) 2.10 (0.96%) and NBS 2.95 (0.34%)

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