UAE market news & discussions for 26 August 2007Both UAE Stock Markets rose today. |
- Emaar Cancels Land-for-Shares Swap With Dubai State
- Where is the end for this down trend?
- GFH - Dilmun, largest Middle East water park to open soon PR 26 Aug 07
- 26 Aug 2007 Dubai, Abu Dhabi, UAE financial news
- DFM - AED 430m net foreign selling 19-23 Aug week - PR 25 Aug 2007
- ARTC wins AED 4.7 bn JV contract for Meydan Dubai - R 25 Aug 2007
- SHUAA denies Ahli United Bank bid news - R 25 Aug 2007
- 25 Aug 2007 Dubai and Abu Dhabi stocks and business news
- EMAAR - investor relations criticised by the Gulf News 25 Aug 2007
- EMAAR - new CEO for Dubai is Richard Rodriguez from Laing 24 Aug 07
- Borse Dubai - Swedish govt concerned about selling stake - FT 24 Aug 07
- DAE denies reports of wanting to buy Airbus factories ET 25 Aug 2007
- DAE - Dubai Aerospace interested in Airbus factories - AFP 24 Aug 07
- EMAAR ALDAR UPP debt-equity levels - BW Aug 2007
- Dubai Properties AED 220 bn portfolio showcased in Paris - PR 23 Aug 07
- 24 Aug 2007 financial and business news for the UAE
- Kang Pacific - new UAE airline
- ETISALAT considering Kuwait mobile operator bid - R 23 Aug 07
- NBAD says AMLAK & TAMWEEL losing market share - GDN 24 Aug 07
- Dubai World - Nevada gambling regulators to review MGM buy - 23 Aug 07
- UAE dirham revaluation likely says Oxford report - KT 24 Aug 2007
- EMAAR MGF 5-star hotel & convention center in Dehradun - PR 23 Aug 07
- EMAAR Morocco finishes Tinja resort masterplan - PR 23 Aug 2007
- Deyaar to list on 05 Sep 2007 - what price? Add your vote...
- Dubai World to buy 9.5% of MGM for AED 18 bn - BB 22 Aug 07
More UAE stock market news and discussions...
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Dubai Financial Market
The Dubai Financial Market index finished at 4,285 a rise of 3.32% from the previous close. 491 million shares traded worth 1.7 billion dirhams. Nineteen shares advanced and only one declined.
The top traded stock was AIRARABIA rising 0.80% to 1.25 dirhams on turnover of 174 million shares traded.
Other stocks to rise included: Amlak Finance Company (AMLAK) 3.25 (3.50%), DFM 3.03 (5.94%), Dubai Investments PJSC (DIC) 4.55 (3.40%), Emaar Properties PJSC (EMAAR) 11.00 (6.79%) and GULFNAV 1.32 (2.32%).
Only one stock declined MAZAYA falling 0.68% to 7.20 dirhams on very light volume.
Abu Dhabi Securities Market
The ADSM index finished at 3,428 a rise of 0.52% from the previous close. 156 million shares traded worth 446 million dirhams. Twenty stocks advanced and eleven declined.
Oasis International Leasing Company PJSC (OILC) was the top traded stock rising 1.18% to 1.71 dirhams on turnover of 53 million shares traded.
Other stocks to rise included: Aldar Properties PJSC (ALDAR) 6.51 (5.85%), ARKAN 1.70 (2.41%), Dana Gas PJSC (DANA) 1.64 (3.14%), Ras Al Khaimah Properties PJSC (RAKPROP) 1.65 (2.48%) and Sorouh Real Estate (SOROUH) 4.41 (2.32%).
Stocks to decline included: Commercial Bank International (CBI) 2.25 (1.75%), Emirates Telecommunications Company (ETISALAT) 17.45 (0.29%) and NBS 3.00 (0.33%).
- Comment on this report and view previous reports on the Share Wadi blog.
- Discuss UAE companies at Dubai Share Talk.