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

Thursday, February 12, 2009

UAE markets 12 Feb 2009

UAE market news & discussions for 12 February 2009

Dubai Financial Market

Another positive trading day on UAE markets as both indicies closed higher on increasing volumes.
The Dubai Financial Market (DFM) index closed 1.36% higher at 1,508 with 502 million shares traded worth Dh583 million.
Trading was centred on Arabtec (ARTC) up 11.11% to 1.30, Dubai Financial Market (DFM) up 4.71% to 1.11, Dubai Investment Company (DIC) up 14.28% to 1.04 and Emaar Properties (EMAAR) down 0.49% to 2.00. Emaar Properties (EMAAR) results were released after trading closed confirming further write downs from the USA and a full year 2008 operating result 15% less than 2007. With the write down EPS fell to DH0.50 for 2008.
The ADX index closed 0.09% up at 2,254 with 147 million shares traded worth Dh291 million.
Among the banks Abu Dhabi Islamic Bank (ADIB) was up 6.18% but First Gulf Bank (FGB) fell 1.02%.
Realestate continued its run with Aldar Properties (ALDAR) up 5.44% and Sorouh Real Estate (SOROUH) up 2.54%.
The Energy sector was also strong lead by Aabar Energy (AABAR) up 7.41%, Dana Gas (DANA) up 3.57% and Abu Dhabi National Energy (TAQA) up 6.42%.
In construction Arkan Building Materials (ARKAN) fell 3.70% but Ras Al Khaimah Cement (RAKCC) rose 5.98%.
Emirates Telecom (ETISALAT) closed flat at 10.00.

Abu Dhabi Securities Exchange

Dubai Financial Market and Abu Dhabi Securities Exchange index for 12 February 2009

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
AJMAN PROPERTIES
wisk Thu 12 Feb 2009 15:41
Emaar 2008Q4 profit AED755m -76%
sammy Thu 12 Feb 2009 15:34
TABREED 2008Q4 profit AED23m +5%
sharewadi Thu 12 Feb 2009 15:27
Top Picks for Feb 2009
utopia02 Thu 12 Feb 2009 14:30
Any news or views on DEPA?
Foreigner Thu 12 Feb 2009 14:19
Arabtec 2008Q4 profit AED185m -4%
sharewadi Thu 12 Feb 2009 13:49
UNB 2008Q4 profit -70%
rmhumr Thu 12 Feb 2009 12:23
Dubai project cancellations list
small fry Thu 12 Feb 2009 11:13
Aramex results
sharewadi Thu 12 Feb 2009 08:46
Marketwatch ADX DFM February 2009
limitup Thu 12 Feb 2009 00:30
Foreign buying increases on DFM
Fran Thu 12 Feb 2009 00:00
Research participants?
sharewadi Wed 11 Feb 2009 17:34
Emaar Mivida Cairo launch
limitup Wed 11 Feb 2009 16:25
Taqa 2008 results
sharewadi Wed 11 Feb 2009 11:01
DP World day trading and valuation
fadi Wed 11 Feb 2009 09:45
Abu Dhabi should bailout UAE
Fran Wed 11 Feb 2009 09:21
Dubai debts paid
limitup Tue 10 Feb 2009 20:43
best stock rises
symbol price change
DIC 1.04 +0.13 +14.3%
ARTC 1.30 +0.13 +11.1%
AKIC 0.97 +0.08 +9%
DRIVE 3.57 +0.27 +8.2%
ASMAK 34.35 +2.50 +7.8%
worst stock falls
symbol price change
INVESTB 1.62 -0.18 -10%
NMDC 7.61 -0.84 -9.9%
ADSB 3.65 -0.40 -9.9%
RAKBANK 3.23 -0.35 -9.8%
BOS 1.12 -0.11 -8.9%
top volume
symbol value (AED) price
DFM153,371,0151.11
EMAAR144,770,9992.00
ARTC105,515,2351.30
ALDAR84,444,7082.52
SOROUH64,709,1232.42

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