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

Wednesday, November 04, 2009

UAE markets 04 Nov 2009

UAE market news & discussions for 04 November 2009

The ADX was up by just 0.1% to 2951 points from AED 300m. Volatility continued in Dubai with the index up 3% to 2138 points from AED 679m worth of trading, with many of the more active stocks rising by more than 3%. On the Nasdaq Dubai at 1415 UAE time, DP World is unchanged, Depa is up 3.6%, Boulder Steel is down 18%, and a couple of DFM derivatives have traded in the green.

  • UAE financial news - latest news from Reuters, Bloomberg and UAE media
  • Dubai Financial Market

    Emaar Properties (EMAAR) was the most active stock in Dubai and almost at the top of the gainers list, rising 6.2% to 4.30 from AED 320m worth of deals. Dubai Financial Market (DFM) was the only other stock trading more than AED 100m, rising 5.7% to 2.23 from AED 138m worth. Kuwait Finance and Investment (KFIC) was the top gainer, 15% limit up, but from just one small trade. Shuaa Capital (SHUAA) was the top gainer on turnover of more than AED 1m, up 7.7% to 1.82. Most stocks were in the green today, including Union Properties (UPP) up 5.4%, Gulfa Mineral Water (GULFA) 5% limit up from thin trading, Arab International Logistics (ARMX) up 4.3%, Gulf Navigation (GULFNAV) up 4.2%, Arabtec (ARTC) up 3.95%, and the remainder up less than 4% or on low volumes. There were only two losers: National Cement Company (NCC) 5% limit down to 3.23, and Al Madina Finance (ALMADINA) down 0.87%, both stocks trading low volumes.

    Abu Dhabi Securities Exchange

    Bank of Sharjah (BOS) was a surprise in Abu Dhabi as the most active stock, rising 1.05% to 1.99 from AED 87m worth of deals - but there were only 6 trades. Sorouh Real Estate (SOROUH) was in second place by turnover, with AED 82m worth and falling 0.3% to 3.26. Ras Al Khaimah Cement (RAKCC) was the best of the more active gainers, rising 2.6% to 1.22, Abu Dhabi Islamic Bank (ADIB) rose 2.0%, National Bank of Abu Dhabi (NBAD) 1.9%, Aldar Properties (ALDAR) 1.7%, and the other gainers were up less than 2% or on low volumes. Emirates Telecom (ETISALAT) was up 0.43% to 11.55. In the losers' list, Fujairah National Bank (NBF) and Finance House (FH) closed 10% limit down from low volumes, and Aabar Energy (AABAR), Methaq Islamic Insurance (METHAQ), and Sorouh were the only losers trading more than AED 1m worth - all three fell less than 0.50%.

    Dubai Financial Market and Abu Dhabi Securities Exchange index for 04 November 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
    Financial ratios DFM companies
    sharewadi Wed 04 Nov 2009 14:39
    TAQA shares buy?
    MYREDMARKS Wed 04 Nov 2009 14:15
    Al Madina Finance shares limit down
    nothing Wed 04 Nov 2009 14:09
    Marketwatch DFM ADX November 2009
    sharewadi Wed 04 Nov 2009 14:01
    Aabar 2009Q3 profit AED1.5bn
    sam111sam Wed 04 Nov 2009 12:18
    New York Dubai investor conference
    Novice_investor Tue 03 Nov 2009 22:09
    Abu Dhabi projects $1 trillion
    smartmoney Tue 03 Nov 2009 18:05
    Mistake Shuaa share price close
    moor Tue 03 Nov 2009 17:55
    Amlak Tamweel merger
    sharewadi Tue 03 Nov 2009 16:00
    Dubai Properties chairman arrested
    Prop Tue 03 Nov 2009 10:30
    Has the trend reversed?
    fayesloan Mon 02 Nov 2009 23:02
    Ajman Bank 2009Q3 AED10m loss
    sam111sam Mon 02 Nov 2009 21:16
    Shuaa 2009Q3 loss AED269m +28%
    sam111sam Mon 02 Nov 2009 20:48
    DSI 2009Q3 profit AED71m -18%
    sharewadi Mon 02 Nov 2009 20:39
    Shuaa - Moodys' rating upgrade
    Cash King Mon 02 Nov 2009 20:33
    ARMX 2009Q3 profit AED42m +23%
    sharewadi Mon 02 Nov 2009 14:43
    Time forecasting
    fayesloan Mon 02 Nov 2009 00:12
    best stock rises
    symbol price change
    SHUAA 1.82 +0.13 +7.7%
    EMAAR 4.30 +0.25 +6.2%
    DFM 2.23 +0.12 +5.7%
    UPP 0.98 +0.05 +5.4%
    SALAM_BAH 1.06 +0.05 +5%
    worst stock falls
    symbol price change
    FH 4.91 -0.54 -9.9%
    NBF 6.56 -0.72 -9.9%
    SCIDC 1.72 -0.18 -9.5%
    GMPC 2.49 -0.26 -9.5%
    UCC 1.44 -0.13 -8.3%
    top volume
    symbol value (AED) price
    EMAAR320,321,5414.30
    DFM138,267,7592.23
    BOS86,775,1501.92
    SOROUH81,809,8463.28
    ARTC59,848,0933.16

    Blog Archive