UAE market news & discussions for 09 February 2009A mixed day on UAE markets today with the DFM down and the ADX up. The volume of shares traded continues to be subdued. The DFM index closed 2.29% lower at 1,440 with 170 million shares traded worth DH169 million. Major movers included ARTC up 2.29% before being suspended pending the release of results. On the downside EMAAR lost 3.10%, AIRARABIA 1.06%, DEYAAR 4.00% and DFM down 2.40%. The ADX index closed up 0.82% at 2,199 with 129 million shares traded worth DH210 million. The banks continued to fall apart from FGB up 2.04% and NBAD up 0.76% despite the cash infusion from the Government. Realestate had a good day with ALDAR up 4.0%, RAKPRPOP up 1.80% and SOROUH up 2.37% Energy stocks were all up lead by TAQA up over 8.5%. other notable movers were ARKAN up 9.50% and ETISALAT up 0.52% RESULTS Arabtec 2008Q4 profit AED185m -4% Dubai Financial MarketAbu Dhabi Securities Exchange | |
UAE stock market news and discussions at Dubai Share Talk ...
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| worst stock falls | symbol | price | change | CBI | 1.38 | -0.15 | -9.8% | GGICO | 2.41 | -0.26 | -9.7% | BOS | 1.37 | -0.13 | -8.7% | ADNH | 2.75 | -0.21 | -7.1% | OILC | 0.45 | -0.03 | -6.3% | | top volume | symbol | value (AED) | price | ALDAR | 85,310,546 | 2.14 | ARTC | 61,087,836 | 0.89 | EMAAR | 48,939,391 | 1.87 | SOROUH | 24,216,288 | 2.16 | AABAR | 17,401,658 | 1.30 | |