UAE market news & discussions for 31 December 2007A subdued days trading on both UAE markets to close 2007. The DFM index closed down 1.15% at 5, 931 on trading volume of 1.6 billion dirhams. The ADSM index closed down 0.64% at 4,551 on trading volume of 960 million dirhams. |
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Dubai Financial Market
The DFM index closed at 5,931 a fall of 1.15%. 302 million shares traded worth 1.6 billion dirhams. Nine shares advanced and fourteen declined.
The top traded share was DEYAAR falling 0.68% to 2.92 dirhams on volume of 72 million.
Other shares to fall included: AIRARABIA 1.97 (1.00%), Amlak Finance (AMLAK) 5.13 (1.15%), Emaar Properties (EMAAR) 14.90 (2.61%) and Du Telecom (DU) 7.41 (2.50%).
Shares to rise included: MAZAYA 10.25 (7.89%), Dubai Islamic Bank (DIB) 11.00 (1.38%), Global Investment House (GLOBAL) 14.75 (12.16%), Islamic Arab Insurance (IAIC) 3.79 (0.53%), Tabreed (TABREED) 3.41 (1.79%), Tamweel (TAMWEEL) 6.85 (0.43%).
Abu Dhabi Securities Market
the ADSM index closed at 4,551 a fall of 0.64%. 198 million shares traded worth 960 million dirhams. Twenty four shares advanced and twenty two declined.
The top traded share was Dana Gas (DANA) falling 0.91% to 2.18 dirhams on volume of 25 million.
Other shares to fall included: ARKAN 3.80 (2.06%), Oasis Leasing (OILC) 2.18 (0.91%), RAK Properties (RAKPROP) 2.46 (0.40%) and Abu Dhabi National Energy (TAQA) 3.55 (3.27%).
Shares to rise included: Aldar Properties (ALDAR) 12.10 (0.83%), Commercial Bank International (CBI) 3.14 (1.62%), Sorouh Real Estate (SOROUH) 8.71 (1.28%) and Julphar (JULPHAR) 2.37 (8.22%).
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