UAE daily stock market reports for Abu Dhabi Securities Market (ADSM) and Dubai Financial Market (DFM) - RSS feed

Wednesday, April 09, 2008

UAE markets 09 Apr 2008

UAE market news & discussions for 09 April 2008

A day of mixed fortunes on UAE markets with the DFM index slightly down and the ADSM index rising by nearly one percent. Volume continues to be subdued with only 712 million dirhams worth of shares traded on the DFM.

ARTC was the standout share on the DFM rising by more than 7% to a new high of 13.10 dirhams on news it had won a contract from the Dubai Government to build 2290 villas worth 3 billion dirhams.

ALDAR topped trading on ADSM, falling by 0.46% to 11.15 dirhams on turnover of 89 million shares traded.

Dubai Financial Market and Abu Dhabi Securities Market index for 09 April 2008

More UAE stock market news and discussions...

best stock rises
symbol price change
FBICO 2.75 +0.25 +10%
TKFL 8.13 +0.73 +9.9%
FCI 7.00 +0.50 +7.7%
NMDC 10.65 +0.75 +7.6%
ARTC 13.10 +0.90 +7.4%
worst stock falls
symbol price change
UNION 3.01 -0.33 -9.9%
FOODCO 4.51 -0.48 -9.6%
QCEM 3.00 -0.23 -7.1%
TAMWEEL 7.21 -0.31 -4.1%
BILDCO 3.79 -0.12 -3.1%
top volume
symbol value (AED) price
ALDAR972,791,70510.90
EMAAR194,229,43411.15
SOROUH193,682,3799.42
ARTC105,266,28313.10
DANA102,876,7542.09

Dubai Financial Market

The DFM index closed at 5,431 a fall of 0.08% from the previous close. 138 million shares were traded worth 712 million dirhams. Seven shares advanced and eleven declined.
the top traded share was DEYAAR rising 0.85% to 2.37 dirams on turnover of 19 million shares.

Other shares to rise included: AIRARABIA 1.89 (1.06%), Arabtec (ARTC) 13.10 (7.37%), Aramex (ARMX) 2.74 (0.36%).
DFM and Emaar Properties (EMAAR) both finished unchanged.

Shares to fall included: Islamic Arab Insurance (IAIC) 3.27 (0.30%), Tabreed (TABREED) 2.51 (2.33%), Tamweel (TAMWEEL) 7.21 (4.12%) and Amlak Finance (AMLAK) 4.50 (0.88%).

Abu Dhabi Securities Market

The ADSM index closed at 4,804 a rise of 0.92% from the previous close. 257 million shares were traded worth 1.7 billion dirhams. Twenty four shares advanced and fourteen declined.
The top traded share Aldar Properties (ALDAR) falling 0.46% to 11.15 dirhams on turnover of 89 million shares.

Other shares to fall included: Dana Gas (DANA) 2.12 (2.34%) and AKIC 3.00 (0.33%)

Shares to rise included: Sorouh Real Estate (SOROUH) 9.53 (2.17%), ARKAN 4.20 (1.20%), Etisalat (ETISALAT) 21.60 (1.67%) and RAK Properties (RAKPROP) 2.28 (0.44%).

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