UAE markets 15 Apr 2008

UAE market news & discussions for 15 April 2008 Both UAE Markets rose today with the DFM closing at 5,472 and the ADSM at 4,853. Trading volume continues to be modest with 133 million shares traded on the DFM and 106 million shares traded on ADSM. DFM Company News ARMX: DFM announces the allocation of Aramex 10% bonus shares into shareholders accounts as per the company register closing on 13/04/2008 DIC: AGM of Dubai Investments is being held today. ARTC: 07FY dividend cheques posted. ADSM Company News ADCB: Abu Dhabi Commercial Bank board meeting on 21 April 2008 at 2:00pm ETISALAT: Etisalat Clarifies the sale of part of its share in Mobily UAB: United Arab Bank discloses financial statements for the 1st quarter, 2008

• Golden Gate Securities 14 Apr 08
• Report on UAE bank sector - TNI 14 Apr 08
• Marketwatch DFM April 2008
• UAB 2007 FY profit AED 210m +34%, Q4 60m +29% 23 Jan 2008
• UAB 2008 Q1 profit AED 55m +19% 15 Apr 2008
• AGTHIA 2007 FY profit AED 38m +31% 29 Jan 2008
• 15 April 2008 ADSM DFM DIFX disclosures & news
• Gulf Navigation foreign ownership approved - 14 Apr 2008
• ARTC 2007 FY profit AED 540m +147%
• Emaar dividend 14 Apr 08
• UPP not Shariah compliant? - 10 Apr 2008
• How to apply for the Depa IPO
• Tamweel Dividend Cheques?
• TAMWEEL 2008 FY profit forecast +80% - AB 13 Apr 08
• Golden Gate Securities [banned]
• CBI 2007 FY profit AED 320m +3,297% 29 Jan 2008
• DIC rights issue phase 2
• Tamweel ready to repeat 2007 performance
• FGB 2008 Q1 profits +66% to AED 675m - R 09 Apr 08
• 14 April 2008 ADSM DFM DIFX disclosures & news
• Introduce yourself here and read about other DST forumers...
• TABREED convertible certificates - 13 Apr 08
• Future Pipe IPO
• Insider trades April 2008
• DFM 2008 Q1 profit AED 310m -44% 13 Apr 2008

More UAE stock market news and discussions...

best stock rises symbol price change GRAND 4.14 +0.48 +13.1% NBF 4.87 +0.37 +8.2% ASMAK 10.15 +0.74 +7.9% GCEM 6.91 +0.35 +5.3% AKIC 3.50 +0.16 +4.8%

worst stock falls symbol price change EIC 8.37 -0.93 -10% DNIR 3.85 -0.15 -3.8% TKFL 7.83 -0.30 -3.7% QCEM 2.90 -0.10 -3.3% GLOBAL 13.10 -0.40 -3%

top volume symbol value (AED) price EMAAR 129,661,039 11.15 SOROUH 120,436,828 9.44 ARKAN 111,174,768 4.31 ALDAR 107,931,746 10.80 ARTC 93,741,143 13.90

Dubai Financial Market

The DFM closed at 5,472 a rise of 0.92% from the previous close. 133 million shares were traded worth 665 million dirhams. Seventeen shares advanced and six declined.
The top traded share was DEYAAR rising 2.58% to 2.38 dirhams on volume of 17 million shares traded.

Other shares to rise included: AIRARABIA 1.91 (1.05%), Arabtec (ARTC) 13.90 (0.72%), Du Telecom (DU) 5.93 (4.03%), Emaar Properties (EMAAR) 11.15 (1.36%) and GULFNAV 1.62 (0.62%).

Shuaa Capital (SHUAA) fell 1.00% to 7.89 dirhams on modest volume.

Abu Dhabi Securities Market

The ADSM closed at 4,853 a rise of 0.22% from the previous close. 106 million shares were traded worth 566 million dirhams. Twelve shares advanced and twenty one declined.
The top traded share was ARKAN rising 0.94% to 4.31 dirhams on volume of 25 million shares traded.

Other shares to rise included: Oasis Leasing (OILC) 2.36 (1.29%) and Etisalat (ETISALAT) 21.90 (1.15%).

Shares to fall included: Dana Gas (DANA) 2.04 (0.97%), RAK Properties (RAKPROP) 2.25 (1.32%)

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