UAE market news & discussions for 03 September 2008A split decision by traders in the UAE today. The DFM index closed 0.70% higher while the ADX index closed 0.15% lower. Trading volume by value was a little over 300 million dirhams for both markets. |
- Jabal Ali Port with big delays
- DIB share price forecast
- Interest Rate, Inflation & PE ratios
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- Marketwatch DFM ADX August 2008 part II
- DIB & TAMWEEL
- GULFNAV negative closes
- Aramex price
- Tabreed forecast?
- Where is amlak heading?
- Drake Scull oversubscription
- Introduce yourself here and read about other DST forumers...
- Bull n Bear
- DPW-H1 results
- EMAAR - accumulate?
- Saudi Tadawul index up
- Margin calls drag UAE stocks down
- ARTC Price
- No visa guarantee for UAE property investors
- Emarat Emirates Takaful IPO
- Dubai property Morgan Stanley report
- Al Dar crumbling
- UPP is correcting
- Air Arabia Morgan Stanley report
- Aldar revenue recognition
More UAE stock market news and discussions...
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Dubai Financial Market
The DFM index closed at 4,748 a rise of 0.70% from the previous close. 89 million shares were traded worth 309 million dirhams. Sixteen shares advanced and three declined.
The top traded share by volume was AIRARABIA, closing steady at 1.52 dirhams on turnover of 18 million shares.
Shares to rise included: AJMANBANK 2.88 (0.34%), Amlak Finance (AMLAK) 3.72 (2.76%), DFM 3.77 (1.61%) and Emaar Properties (EMAAR) 9.07 (0.77%).
Shares to fall included: Union Properties (UPP) 3.81 (1.03%) and Tamweel (TAMWEEL) 5.73 (0.69%).
Abu Dhabi Securities Market
The ADX index closed at 4,344 a fall of 0.15% from the previous close. 76 million shares were traded worth 334 million dirhams. Thirteen shares advanced and fifteen declined.
The Top traded share was SIB, rising 0.67% to 3.00 dirhams on turnover of 18 million shares.
Other shares to rise included: Aldar Properties (ALDAR) 9.29 (0.32%), Aabar Petroleum (AABAR) 4.00 (1.27%) and RAK Cement (RAKCC) 3.09 (0.98%).
Shares to fall included: First Gulf Bank (FGB) 21.50 (2.71%), RAK Properties (RAKPROP) 1.61 (0.62%), ARKAN 6.05 (0.49%) and METHAQ 8.37 (0.48%).
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