UAE market news & discussions for 26 July 2009UAE financial news - latest news from Reuters, Bloomberg and UAE mediaDubai Financial MarketAll green today as the Dubai Financial Market (DFM) index closed at 1,843 up 5.23% from the previous close. Volume was good with 717 million shares trading worth 1,017 million dirhams. 24 shares advanced and 3 declined. Trading was lead by the market leaders including: Air Arabia (AIRARABIA) 1.02 up 4.08%, Arabtec (ARTC) 2.78 up 8.17%, Dubai Investment Company (DIC) 1.27 up 7.63%, Dubai Islamic Bank (DIB) 2.64 up 6.02%, Emaar Properties (EMAAR) 2.79 up 8.98%, National General Cooling (TABREED) 0.97 up 6.59% and Union Properties (UPP) 1.04 up 9.47%. The ADX index closed at 2,724 a rise 0.50% from the previous close. 215 million shares were traded worth 339 million dirhams. 22 shares advanced and 6 declined. Banking stocks were subdued with SIB up 1.96% and WAHA up 3.80 the only stocks to trade more than one million dirhams. Realestate stocks were all up; Aldar Properties (ALDAR) 3.99 up 8.42%, Ras Al Khaimah Properties (RAKPROP) 0.73 up 7.25% and Sorouh Real Estate (SOROUH) 2.77 up 9.77%. Energy stocks were also strong with Aabar Energy (AABAR) 2.34 up 4.00% and Dana Gas (DANA) 1.16 up 5.45%. In construction Ras Al Khaimah Cement (RAKCC) traded the most up 5.60% to 1.32. The major decliner was Emirates Telecom (ETISALAT) down 1.90% to 10.30. Abu Dhabi Securities Exchange | |
UAE stock market news and discussions at Dubai Share Talk ...
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best stock rises | symbol | price | change | DFM | 1.76 | +0.19 | +12.1% | UPP | 1.04 | +0.09 | +9.5% | EMAAR | 2.79 | +0.23 | +9% | ALDAR | 3.99 | +0.31 | +8.4% | SOROUH | 2.77 | +0.21 | +8.2% | | worst stock falls | symbol | price | change | ADNH | 4.51 | -0.48 | -9.6% | ALFIRDOUS | 0.92 | -0.04 | -4.2% | BOS | 1.60 | -0.05 | -3% | GMPC | 2.60 | -0.08 | -3% | ETISALAT | 10.30 | -0.20 | -1.9% | | top volume | symbol | value (AED) | price | EMAAR | 172,093,661 | 2.79 | DFM | 127,692,134 | 1.76 | ARTC | 113,970,640 | 2.78 | UPP | 99,115,197 | 1.04 | DIC | 87,230,006 | 1.27 | |