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

Wednesday, November 26, 2008

UAE markets 26 Nov 2008

UAE market news & discussions for 26 November 2008

UAE markets diverged today as the DFM index closed higher and the ADX index tracked lower.
The DFM index closed 0.53% higher at 1,872 on volume of 154 million shares traded worth 266 million dirhams.
ARTC dominated trading closing limit up again at 3.88 on volume of 24 million shares. EMAAR remained unchanged at 2.56 dirhams on volume of 25 million shares.
The ADX index closed 1.65% down at 2,685 on volume of 56 million shares traded worth 206 million dirhams. Losses were widespread including FGB down 8.70%, AABAR down 8.5%, and ETISALAT down 3.5%.
NASDAQ DUBAI (1630)
DPW down 2.94% and DEPA steady.

Dubai Financial Market

On the Dubai Financial Market 10 stocks advanced and 9 declined.
Stocks to gain included: Ajman Islamic Bank (AJMANBANK) up 2.24%, Emirates Integrated Telecommunications (DU) up 1.66%, Dubai Financial Market (DFM) up 1.75%, Gulf Navigation (GULFNAV) up 1.2% and Islamic Arab Insurance (IAIC) up 4.0%.
Stocks to decline included: National General Cooling (TABREED) down 2.7%, Dubai Islamic Bank (DIB) down 2.4% and Deyaar Development (DEYAAR) down 1.5%.

Abu Dhabi Securities Exchange

On the ADX 15 stocks advanced and 22 declined.
Stocks to gain included: Abu Dhabi Commercial Bank (ADCB) up 3.0%, SIB up 2.7%, Abu Dhabi National Hotels (ADNH) up 5.5% and Arkan Building Materials (ARKAN) up 7.0%.
Stocks to decline included: All the energy sector, Aabar Energy (AABAR) down 8.56%, Dana Gas (DANA) down 1.49% and Abu Dhabi National Energy (TAQA) down 2.3%.
REALESTATE was also weak with Aldar Properties (ALDAR) down 1.77%, Ras Al Khaimah Properties (RAKPROP) down 3.1% and Sorouh Real Estate (SOROUH) down 1.3%.

Dubai Financial Market and Abu Dhabi Securities Exchange index for 26 November 2008

UAE stock market news and discussions at Dubai Share Talk ...

  Latest posts and topics (click timestamp for last post) Last Post By Last Post Date
Pump and dump rally due in DFM
sam111sam Wed 26 Nov 2008 14:24
Arabtech Insider Trading 3 Million Shares
rmhumr Wed 26 Nov 2008 14:07
Dubai real estate boom over
Fran Wed 26 Nov 2008 12:42
Nasdaq affinity program
sharewadi Wed 26 Nov 2008 10:20
NBQ GLOBAL convertible bond
sharewadi Wed 26 Nov 2008 09:53
Abu Dhabi Finance ADF
rmhumr Wed 26 Nov 2008 07:30
Damac 2008 M9 profits AED500m
sharewadi Wed 26 Nov 2008 01:23
DAMAC IPO
sharewadi Wed 26 Nov 2008 01:14
Gulf Navigation buyback
zayda Tue 25 Nov 2008 22:23
Arabtec capital increase
zayda Tue 25 Nov 2008 22:19
Abu Dhabi mortgage company
Fran Tue 25 Nov 2008 21:15
Citi bailout ... oops
stylinexpat Tue 25 Nov 2008 19:24
SKF Shares
stylinexpat Tue 25 Nov 2008 19:14
Gulf Navigation dividend
spin Tue 25 Nov 2008 15:09
Marketwatch DFM ADX November 2008
jhar Tue 25 Nov 2008 15:07
AMLAK TAMWEEL suspended ... delisted?
sharewadi Tue 25 Nov 2008 13:34
Will most stocks fall below AED 1
small fry Tue 25 Nov 2008 09:02
best stock rises
symbol price change
ARTC 3.88 +0.50 +14.8%
GFH 10.50 +0.90 +9.4%
ARKAN 5.27 +0.34 +6.9%
JULPHAR 1.43 +0.09 +6.7%
GMPC 4.49 +0.26 +6.1%
worst stock falls
symbol price change
OEIHC 3.15 0.35 12.5%
ALSALAMSUDAN 2.25 0.25 12.5%
BILDCO 2.83 0.31 12.3%
DRIVE 2.68 0.29 12.1%
GCEM 2.70 0.29 12%
top volume
symbol value (AED) price
ALDAR104,627,4475.00
ARTC91,528,8193.88
EMAAR63,686,4642.56
DFM36,106,5721.16
ARKAN26,812,1065.27

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