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

Tuesday, May 05, 2009

UAE markets 05 May 2009

UAE market news & discussions for 05 May 2009

Abu Dhabi ADX rose 0.64% to 2579 points from AED 384m of turnover. The Dubai DFM rose 0.67% to 1633 points from close to AED 1 billion of turnover, a fall in Mashreq Bank holding the index back from reflecting the good performance in several stocks today. On the Nasdaq Dubai at 15:30 UAE time, DP World is up 6.6%, Depa is unchanged, DP World and Shuaa derivatives are up between 4% and 5%.

Dubai Financial Market

Arabtec (ARTC) continues to be the dominant share in Dubai for the time being, with AED 290m worth of trading and a 3.2% gain to 2.23. Emaar Properties (EMAAR) was the only other stock with more than AED 100m worth of deals as it rose 2.1% to 2.46. Arab International Logistics (ARMX) was the top gainer with an impressive 12.75% rise to 1.15. Most other gainers rose less than 4% or were unchanged. Mashreq Bank (MASQ) held the index back due to its large market cap, with a 5% limit down fall from one small trade. Other more active losers included Drake & Scull (DSI) down 2.6%, Deyaar Development (DEYAAR) 1.6%, National General Cooling (TABREED) 1.5%, Union Properties (UPP) 1.35% and Ajman Islamic Bank (AJMANBANK) 0.9%.

Abu Dhabi Securities Exchange

Aldar Properties (ALDAR) was the only stock with more than AED 100m worth of turnover in Abu Dhabi today, and rose a solid 6.0% to 3.63. Aabar Energy (AABAR) however was the top actively traded gainer with a 6.9% rise to 2.30. Sorouh Real Estate (SOROUH) rose 5%, Sharjah Islamic Bank (NBS), Sharjah Cement (SCIDC), and Ras Al Khaimah White Cement (RAKWCT) all rose by more than 4%, and the remaining gainers were up less than 4% or on thin trading. Only Commercial Bank International (CBI) stood out in the losers list with a fall of 3.25% on turnover of more than AED 1m. The other 13 stocks in the red were down less than 2% or on low volumes, including Abu Dhabi Commercial Bank (ADCB) down 1.9%, Waha Capital (OILC) down 1.35%, and Emirates Telecom (ETISALAT) down 0.5%.

Dubai Financial Market and Abu Dhabi Securities Exchange index for 05 May 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
DIC entitlement date
utopia02 Tue 05 May 2009 15:35
Market Watch
thajuddeen Tue 05 May 2009 15:32
Sharewadi & Sam local heroes
sharewadi Tue 05 May 2009 15:19
Rak Prop dividend
fadi Tue 05 May 2009 11:54
Aldar Vs Sorouh
sam111sam Mon 04 May 2009 19:46
UAE dividend checks?
khurrammts Mon 04 May 2009 16:49
Where is the next party ?
girish Mon 04 May 2009 16:23
UPP 2009Q1 profit 30m -87%
sharewadi Mon 04 May 2009 16:06
EMAAR 2009Q1 profit AED237m -74%
sharewadi Mon 04 May 2009 15:40
ARTC insider selling today
sharewadi Mon 04 May 2009 15:25
Aramex 2009Q1 profit AED43m +19%
sharewadi Sun 03 May 2009 15:39
DIC 2009Q1 profit AED269m -45%
sharewadi Sun 03 May 2009 13:36
Buy Aabar shares?
small fry Sat 02 May 2009 22:28
DFM Dividend checks received?
mnazarh Fri 01 May 2009 09:01
Emirates NBD 2009Q1 profit AED1.3bn +5%
sharewadi Thu 30 Apr 2009 12:52
Emaar AGM
sharewadi Thu 30 Apr 2009 00:56
DU Upper limit...
Moon Wed 29 Apr 2009 20:31
best stock rises
symbol price change
ARMX 1.15 +0.13 +12.7%
ADAVIATION 2.05 +0.17 +9%
AABAR 2.31 +0.15 +6.9%
DARTAKAFUL 1.38 +0.08 +6.2%
ALDAR 3.70 +0.21 +6%
worst stock falls
symbol price change
ARIG 1.54 -0.17 -9.9%
FOODCO 2.03 -0.22 -9.8%
JULPHAR 1.27 -0.11 -8%
AKIC 0.85 -0.05 -5.6%
GMPC 3.15 -0.18 -5.4%
top volume
symbol value (AED) price
ARTC291,837,0902.23
EMAAR183,888,1372.46
ALDAR124,292,6383.70
DFM75,118,9381.34
SOROUH74,889,2732.74

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