DFM & ADSM reports

UAE fourth quarter results - table of financial results so far, with dividend and AGM information
UAE financial news - latest news from Reuters, Bloomberg and UAE media
Sharewadi calendar - important dates

Both UAE markets headed higher today lead by the Dubai Financial Market (DFM) which matched a solid rise with increasing trading volumes.
The Dubai Financial Market (DFM) index closed 1.81% higher at 1,519 with 590 million shares traded worth Dh701 million.
Trading was lead by Dubai Financial Market (DFM) limit up, Arabtec (ARTC) up 12.0% and Union Properties (UPP) up 12.0% as well.
Realestate seemed to do well as rumours of a possible Government bailout continue to circulate. Emaar Properties (EMAAR) despite confirming a zero dividend managed a slight rise of 0.53%.
Oter shares to rise included Dubai Investment Company (DIC), Gulf Navigation (GULFNAV) and Islamic Arab Insurance (IAIC) all up 5.0%. Air Arabia (AIRARABIA) up 1.07% and Ajman Islamic Bank (AJMANBANK) up 3.29% were also up on strong volumes.
The ADX index closed 0.10% higher at 2,203 with 132 million shares traded worth Dh316 million.
For the Bnaks Finance House (FH) up 9.85%, First Gulf Bank (FGB) up 5.35% and Bank of Sharjah (BOS)up 8.93% lead the gainers. Abu Dhabi Commercial Bank (ADCB) down 2.11% lead the losers.
In Realestate Aldar Properties (ALDAR) closed down 2.22%.
A mixed day in Energy with Aabar Energy (AABAR) up 3.80% Dana Gas (DANA) down 1.72% and Abu Dhabi National Energy (TAQA) down 3.51%.
In Construction Arkan Building Materials (ARKAN) closed up 1.92% and Ras Al Khaimah Cement (RAKCC) 2.33%.

Dubai Financial Market and Abu Dhabi Securities Exchange index for 18 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

Marketwatch ADX DFM February 2009	sam111sam	Wed 18 Feb 2009 17:20
Emaar zero dividend	limitup	Wed 18 Feb 2009 16:15
UAE nationals cannot be fired	limitup	Wed 18 Feb 2009 15:44
Deyaar handovers 2009	sharewadi	Wed 18 Feb 2009 14:46
Taqa Marubeni Caribbean JV	sharewadi	Wed 18 Feb 2009 14:29
Aabar Reem Island	sharewadi	Wed 18 Feb 2009 14:16
AABAR 2008Q4 profit Dh120m -53%	sharewadi	Wed 18 Feb 2009 13:52
DIC 2008Q4 loss AED110m -125%	3973abl	Wed 18 Feb 2009 12:39
Taqa share buyback	sharewadi	Wed 18 Feb 2009 11:51
Record dates UAE	sharewadi	Wed 18 Feb 2009 11:16
Air Arabia 2008Q4 profit AED136m +45%	sharewadi	Wed 18 Feb 2009 11:07
Borse Dubai bailout	sharewadi	Wed 18 Feb 2009 11:05
Do you have a Trading Strategy?	adeelakhtar	Wed 18 Feb 2009 10:59
EMAAR 2008Q4 loss AED1.77bn -202%	sharewadi	Wed 18 Feb 2009 10:37
SHUAA 2008 Q4 loss Dh640m -399%	Fran	Tue 17 Feb 2009 21:45
UNB Fitch rating	Fran	Tue 17 Feb 2009 21:20
Insider Trading February 2009	spin	Tue 17 Feb 2009 21:01

Wednesday, February 18, 2009