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

Thursday, April 30, 2009

UAE markets 30 Apr 2009

UAE market news & discussions for 30 April 2009

The UAE markets finished the week on a stronger note with gains across the board. Dubai was up 0.5% to 1606 points from turnover of AED 527m, and Abu Dhabi was up 1.2% to 2527 points although turnover was relatively light at AED 229m. Emaar released 2009 Q1 results this afternoon, showing a profit but well down on 2008 Q1 figures. On the Nasdaq Dubai as of 15:30 UAE time, DP World is up 8%, and there has been a handful of trades on Emaar, Shuaa, and DFM derivatives - all in the green, and GOLD, also up slightly.

Dubai Financial Market

Arabtec (ARTC) continued to dominate the Dubai trading floor, with AED 184m worth of shares traded and a 7.1% rise to 2.12. Dubai Investment Company (DIC) shares were also popular and rose 7.5%, the best gainer of the day. Emaar Properties (EMAAR) share price was unchanged, and was in third place on the traded value table. Most other stocks rose less than 4% or on thin trading, with prices for 7 of the more active stocks closing at the same level as yesterday. Only 4 stocks fell, including Mashreq Bank (MASQ) 5% limit down but on low volumes, and Dubai Islamic Bank (DIB) down 1.3%, the only one of the actively traded stocks in the red.

Abu Dhabi Securities Exchange

In Abu Dhabi, the top three stocks by turnover were Aldar Properties (ALDAR) (+3.4%), Sorouh Real Estate (SOROUH) (+3.7%) and Emirates Telecom (ETISALAT) (+0.1%) while Commercial Bank International (CBI) (+6.7%), Abu Dhabi Islamic Bank (ADIB) (+6.3%), and Dana Gas (DANA) (+6.25%) were the top gainers on turnover of more than AED 1m. Other gainers included First Gulf Bank (FGB) up 4.75%, Sharjah Cement (SCIDC) with an average increase of 4.6% but closing prices limit up with no sellers in the queue and much heavier than usual trading. The remaining gainers rose less than 4% or on low trading levels. There were 9 losers but only Abu Dhabi National Energy (TAQA) (-6.7%) and Sharjah Islamic Bank (NBS) (-1.1%) saw trading of more than AED 1m.

Dubai Financial Market and Abu Dhabi Securities Exchange index for 30 April 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
EMAAR 2009Q1 profit AED237m -74%
sam111sam Thu 30 Apr 2009 15:21
Where is the next party ?
sharewadi Thu 30 Apr 2009 15:16
Emirates NBD 2009Q1 profit AED1.3bn +5%
sharewadi Thu 30 Apr 2009 12:52
Emaar AGM
sharewadi Thu 30 Apr 2009 00:56
UAE dividend checks?
rmhumr Wed 29 Apr 2009 22:30
DU Upper limit...
Moon Wed 29 Apr 2009 20:31
DFM 2009Q1 profit AED59m -81%
sharewadi Wed 29 Apr 2009 16:49
DFM Dividend checks received?
utopia02 Wed 29 Apr 2009 16:17
DP World $2.30 on Mubasher!?
Foreigner Wed 29 Apr 2009 12:46
House prices may plunge 70% in Dubai (!)
shareef.abdulka Wed 29 Apr 2009 09:27
Aldar 2009Q1 profit AED889m -35%
sam111sam Tue 28 Apr 2009 19:05
UAE banks Global report
sharewadi Tue 28 Apr 2009 16:42
DIB 2009Q1 profit AED370m -34%
sharewadi Tue 28 Apr 2009 16:32
DFM index update
sharewadi Tue 28 Apr 2009 16:21
Dana new CEO
sharewadi Tue 28 Apr 2009 16:18
GCC property Colliers report
sharewadi Tue 28 Apr 2009 15:56
Colliers Dubai HPI 2009Q1
sharewadi Tue 28 Apr 2009 15:42
best stock rises
symbol price change
ASMAK 26.50 +2.40 +10%
JULPHAR 1.39 +0.11 +8.6%
DIC 1.44 +0.10 +7.5%
ARTC 2.12 +0.14 +7.1%
CBI 2.24 +0.14 +6.7%
worst stock falls
symbol price change
OEIHC 1.13 -0.12 -9.6%
ALSALAMSUDAN 2.02 -0.15 -6.9%
TAQA 1.80 -0.13 -6.7%
DARTAKAFUL 1.25 -0.09 -6.7%
MASQ 129.35 -6.80 -5%
top volume
symbol value (AED) price
ARTC184,669,6302.12
DIC116,917,0451.44
ALDAR71,604,1063.36
EMAAR53,457,6362.35
DFM46,104,9321.31

Wednesday, April 29, 2009

UAE markets 29 Apr 2009

UAE market news & discussions for 29 April 2009

Dubai Financial Market

Both UAE markets finished in the green today on rising volumes.
The Dubai Financial Market (DFM) index closed 3.28% higher at 1,597 with 295 million shares traded worth 355 million dirhams. 24 shares advanced and 1 declined.
Dubai Investment Company (DIC) lead the trading on news of a 10 fil distribution and 10% bonus share issue. They closed limit up at 1.34. Arabtec (ARTC) up 5.31%, Deyaar Development (DEYAAR) up 5.0%, Dubai Financial Market (DFM) up 3.17%, Emaar Properties (EMAAR) up 3.5% and Gulf Navigation (GULFNAV) up 3.3% all finished strongly on good volumes.
The ADX index closed 2.16% higher at 2,497 with 159 million shares traded worth 276 million dirhams. 25 shares advanced and 6 declined.
In banking WAHA lead the trading up 4.48%. First Gulf Bank (FGB) up 1.89% and Abu Dhabi Islamic Bank (ADIB) up 5.49% were also higher.
Realestate stocks were all higher on good volumes. Aldar Properties (ALDAR) up 3.50%, Ras Al Khaimah Properties (RAKPROP) up 5.36% and Sorouh Real Estate (SOROUH) up 2.54%.
Energy stocks all climbed Aabar Energy (AABAR) up 4.0%, Dana Gas (DANA) up 6.6% and Abu Dhabi National Energy (TAQA) up 4.89%.
For Telecons Emirates Telecom (ETISALAT) closed 1.73% higher.

Abu Dhabi Securities Exchange

Dubai Financial Market and Abu Dhabi Securities Exchange index for 29 April 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
Where is the next party ?
sam111sam Wed 29 Apr 2009 16:18
DFM Dividend checks received?
utopia02 Wed 29 Apr 2009 16:17
DP World $2.30 on Mubasher!?
Foreigner Wed 29 Apr 2009 12:46
UAE dividend checks?
khurrammts Wed 29 Apr 2009 10:07
House prices may plunge 70% in Dubai (!)
shareef.abdulka Wed 29 Apr 2009 09:27
Aldar 2009Q1 profit AED889m -35%
sam111sam Tue 28 Apr 2009 19:05
UAE banks Global report
sharewadi Tue 28 Apr 2009 16:42
DIB 2009Q1 profit AED370m -34%
sharewadi Tue 28 Apr 2009 16:32
DFM index update
sharewadi Tue 28 Apr 2009 16:21
Dana new CEO
sharewadi Tue 28 Apr 2009 16:18
Emaar AGM date
sharewadi Tue 28 Apr 2009 16:15
GCC property Colliers report
sharewadi Tue 28 Apr 2009 15:56
Colliers Dubai HPI 2009Q1
sharewadi Tue 28 Apr 2009 15:42
ARTC insider selling today
sam111sam Tue 28 Apr 2009 14:42
DIB rights issue
kia74my Tue 28 Apr 2009 08:54
Aldar Nomura report
rmhumr Tue 28 Apr 2009 08:44
Emaar projects not on hold
limitup Mon 27 Apr 2009 16:28
best stock rises
symbol price change
DIC 1.34 +0.17 +14.5%
UNB 2.88 +0.25 +9.5%
RAKPROP 0.59 +0.05 +9.3%
NMDC 7.92 +0.55 +7.5%
CBI 2.10 +0.14 +7.1%
worst stock falls
symbol price change
AKIC 0.79 -0.05 -6%
ADNH 3.02 -0.18 -5.6%
INVESTB 1.45 -0.05 -3.3%
RAKCEC 1.25 -0.03 -2.3%
GGICO 1.84 -0.04 -2.1%
top volume
symbol value (AED) price
ALDAR104,138,4503.25
ARTC90,711,0041.98
EMAAR53,582,4552.35
SOROUH45,050,2152.42
DIC32,886,4431.34

Tuesday, April 28, 2009

UAE markets 28 Apr 2009

UAE market news & discussions for 28 April 2009

Dubai Financial Market

UAE markets followed world markets today falling over one percent on pandemic concerns, falling oil prices and renewed doubts about the banks. However, trading volumes were down.
The Dubai Financial Market (DFM) index closed down 1.39% at 1,546 with 213 million shares traded worth 255 million dirhams.
All the heavy weights fell including, Arabtec (ARTC) (2.59%), Deyaar Development (DEYAAR) (3.27%), Dubai Islamic Bank (DIB) (1.78%) and Emaar Properties (EMAAR) (1.30%)
Ajman Islamic Bank (AJMANBANK) managed a gain of 2.88%.

The ADX index closed down 1.14% at 2,444 with 99 million shares traded worth 198 million dirhams.
Banking was mixed with Abu Dhabi Commercial Bank (ADCB) up 1.30% and Bank of Sharjah (BOS) up 0.69%. However, First Gulf Bank (FGB) down 5.37% and WAHA down 2.90% were lower.
In Realestate all were down, Aldar Properties (ALDAR) down 6.27%, Ras Al Khaimah Properties (RAKPROP) down 3.45% and Sorouh Real Estate (SOROUH) down 5.22%.
Energy was mixed Aabar Energy (AABAR) up 0.51% and Abu Dhabi National Energy (TAQA) up 0.55%, and Dana Gas (DANA) down 2.60%.
For Telecoms, Emirates Telecom (ETISALAT) closed 0.91% lower

Abu Dhabi Securities Exchange

Dubai Financial Market and Abu Dhabi Securities Exchange index for 28 April 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
Aldar 2009Q1 profit AED889m -35%
sam111sam Tue 28 Apr 2009 15:25
ARTC insider selling today
sam111sam Tue 28 Apr 2009 14:42
Where is the next party ?
dropas Tue 28 Apr 2009 13:05
DP World $2.30 on Mubasher!?
jhar Tue 28 Apr 2009 10:09
DIB rights issue
kia74my Tue 28 Apr 2009 08:54
Aldar Nomura report
rmhumr Tue 28 Apr 2009 08:44
Emaar projects not on hold
limitup Mon 27 Apr 2009 16:28
NBAD 2009Q1 profit AED710m +9%?
sharewadi Mon 27 Apr 2009 16:24
DST member introductions
sharewadi Mon 27 Apr 2009 16:13
Dubai Share Talk member ranks
sharewadi Mon 27 Apr 2009 16:06
MEED Dubai Finance report inaccurate?
sharewadi Mon 27 Apr 2009 15:59
Dubai Rents Going Down
yusmar Mon 27 Apr 2009 14:24
UAE dividend checks?
jhar Mon 27 Apr 2009 12:30
Aramex EFG LTFV update
AUHanalyst Mon 27 Apr 2009 07:12
Gulf Navigation buyback
sharewadi Sun 26 Apr 2009 18:25
GLOBAL 2009FY loss KWD297m
sharewadi Sun 26 Apr 2009 18:20
UAE 2008 profits Global report
sharewadi Sun 26 Apr 2009 18:11
best stock rises
symbol price change
RAKBANK 3.45 +0.30 +9.5%
CBI 1.96 +0.16 +8.9%
DARTAKAFUL 1.29 +0.07 +5.7%
ADAVIATION 1.70 +0.07 +4.3%
ADNH 3.20 +0.10 +3.2%
worst stock falls
symbol price change
AAAIC 67.00 -7.00 -9.5%
EKTTITAB 0.85 -0.08 -8.6%
ARKAN 4.19 -0.31 -6.9%
ALDAR 3.14 -0.21 -6.3%
FGB 9.51 -0.54 -5.4%
top volume
symbol value (AED) price
ALDAR95,072,7213.14
ARTC80,309,0431.88
EMAAR30,412,6782.27
SOROUH29,010,4692.36
DEYAAR19,525,8400.59

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