UAE market news & discussions for 09 September 2008A very similar days trading to yesterday on UAE markets today. Both indices were up in the morning by more than one percent but both fell in the afternoon to close only slightly up. It seems trading is being dominated by day traders who do not want to hold overnight positions. |
- DU price forecast
- Aramex price
- TAMWEEL price forecast update
- Marketwatch DFM ADX September 2008
- Saudi Tadawul index up
- EMAAR - accumulate?
- Drake Scull oversubscription
- RAK Properties share price
- Good prices to buy
- Trading Air Arabia
- ARTC Price
- What's up with ShareWadi?
- Private Messaging issues
- DIB share price forecast
- Feedback on dxb_kola
- I had shares in P&O Shipping.
- Marketwatch DFM ADX August 2008 part II
- Interest Rate, Inflation & PE ratios
- Jabal Ali Port with big delays
- DIB & TAMWEEL
- GULFNAV negative closes
- Tabreed forecast?
- Where is amlak heading?
- Introduce yourself here and read about other DST forumers...
- Bull n Bear
More UAE stock market news and discussions...
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Dubai Financial Market
The DFM index closed at 4,481 a rise of 0.16% from the previous close. 336 million shares were traded worth 1.2 billion dirhams. Seventeen shares advanced and eight declined.
The top traded share was AJMANBANK, rising 1.47% to 2.75 dirhams on volume of 55 million shares.
Other shares to rise included: AIRARABIA 1.46 (2.81%), Arabtec (ARTC) 14.15 (3.66%), DFM 3.48 (0.86%), AMAN 3.14 (4.66%), GULFNAV 1.44 (6.66%), TAKAFUL-EM 4.20 (14.75%) and Union Properties (UPP) 3.48 (1.16%).
Shares to decline included: Tamweel (TAMWEEL) 5.20 (4.05%), Emirates NBD (ENBD) 10.20 (0.97%), Dubai Investments (DIC) 3.15 (2.77%) and Dubai Islamic Bank (DIB) 6.92 (0.14%).
Emaar Properties (EMAAR) closed steady on 8.08 on 34 million shares traded.
Abu Dhabi Securities Market
The ADX index closed at 4,182 a rise of 0.33% from the previous close. 76 million shares were traded worth 470 million dirhams. Twenty seven shares advanced and fiften declined.
The top traded share was Sorouh Real Estate (SOROUH) rising 1.40% to 6.52 dirhams on turnover of 15 million shares.
Other shares to rise included: SIB 3.00 (2.04%), Aldar Properties (ALDAR) 8.69 (2.12%), Dana Gas (DANA) 1.51 (0.67%), ARKAN 6.13 (0.33%) and Etisalat (ETISALAT) 17.20 (0.58%).
Shares to fall included: METHAQ 8.23 (0.48%) and Union National Bank (UNB) 7.05 (1.40%).
First Gulf Bank (FGB) closed steady on 19.50 on 1 million shares traded.
- Comment on this report and view previous reports on the Share Wadi blog.
- Discuss UAE companies at Dubai Share Talk.