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

Wednesday, November 25, 2009

UAE markets 25 Nov 2009

UAE market news & discussions for 25 November 2009

The ADX rose 0.56% to 2910 points from a low AED 124m worth of trading. The DFM rose 1.1% to 2093 points from turnover of AED 278m. On the Nasdaq Dubai at 1430 UAE time, DP World is up 6.7%, Depa is unchanged, and there has been a trade in DFM derivatives, up 2.7%.

The UAE markets are closed tomorrow, and open next week on Monday and Tuesday only. Sharewadi is on holiday for the week so if the jungle wireless connection is a bit sketchy, the daily market report might not be sent for those days. Normal service should resume on Sunday 06 December 2009. Eid Mubarak everyone and have a great holiday whatever you do and wherever you go!

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  • Dubai Financial Market

    Emaar Properties (EMAAR) was the most active stock in Dubai, but didn't crack AED 100m, rising 0.73% to 4.16 from AED 93m worth of deals. A couple of the Kuwait secondary listings stood out on trading volumes, Ektitab Holding (EKTTITAB) in third spot with AED 24m worth of deals, and its 7.0% rise to 0.76 also putting it in third spot on the gainers list. Al Madina Finance (ALMADINA) was the best of the more active stocks, rising 7.45% to 1.01 from a relatively high AED 15m worth of turnover. Global Investment House (GLOBAL) was the top gainer at 15% limit up but from just a handful of small trades. Gulf Finance House (GFH) rose 5.3%, Deyaar Development (DEYAAR) 4.35%, Emirates Integrated Telecommunications (DU) 4.2%, Dar Takaful Insurance (DARTAKAFUL) 4.0%, Drake & Scull (DSI) 3.1%, and the remaining gainers were up less than 3%. There were only two losers, Dubai National Insurance & Reinsurance (DNIR) down 0.87% from just one trade, and Emirates NBD (ENBD) down 0.43% to 4.60.

    Abu Dhabi Securities Exchange

    Sorouh Real Estate (SOROUH) took top spot on the traded value list for a change, with just AED 35m worth of volume, rising 1.6%. Aldar Properties (ALDAR) was up 1.5% from just AED 17m worth. Union Cement (UCC) and National Corporation for Tourism & Hotels (NCTH) were the top gainers, closing 10% limit up but from just 1 trade for Union Cement. Ras Al Khaimah Ceramics (RAKCEC) was up 5.9%, National Marine Dredging (NMDC) 2.9%, Abu Dhabi Islamic Bank (ADIB) 2.5%, Aabar Energy (AABAR) and Qatar Telecom (QTEL) 2.2%, and the remaining gainers rose less than 2%. Oman and Emirates Investment Holding (OEIHC) was the worst loser with a 10% limit down close but from thin trading. Bank of Sharjah (BOS) was the only losing stock trading more than AED 1m worth, down 4.9% to 2.00, and also the second worst loser. Finance House (FH) fell 3.6%, Methaq Islamic Insurance (METHAQ) 2.5%, and the other 4 losers were down less than 2%.

    Dubai Financial Market and Abu Dhabi Securities Exchange index for 25 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
    Marketwatch DFM ADX November 2009
    thajuddeen Wed 25 Nov 2009 14:48
    EMAAR trend analysis
    thajuddeen Wed 25 Nov 2009 14:22
    Al Madina Finance shares limit down
    OnlineTrader Wed 25 Nov 2009 13:14
    Shuaa investor relations
    sharewadi Wed 25 Nov 2009 10:56
    Middle East investor relations awards
    joeoma Wed 25 Nov 2009 10:38
    Aabar, Daimler and F1...
    maq3012 Wed 25 Nov 2009 10:06
    Eid Al Adha dates 2009 UAE markets
    sharewadi Wed 25 Nov 2009 09:04
    Gulf Finance House rights issue
    sam111sam Wed 25 Nov 2009 08:25
    Taj Should Set-Up Trading Academy
    frogleg Tue 24 Nov 2009 20:21
    Who is dumping RAKCC ?
    thajuddeen Tue 24 Nov 2009 16:41
    GGICO 2009Q3 results
    sam111sam Mon 23 Nov 2009 19:02
    Gold Trading
    hakeemcfb Mon 23 Nov 2009 12:43
    Dubai economic recovery
    sammy Mon 23 Nov 2009 12:01
    Dubai replaces head of DIFC
    sammy Mon 23 Nov 2009 11:41
    Internaxx or etrade?
    Internaxx user Sun 22 Nov 2009 20:44
    Emaar Dubai Holding merger
    Prop Sun 22 Nov 2009 09:29
    Emaar India IPO soon
    thajuddeen Sat 21 Nov 2009 11:47
    best stock rises
    symbol price change
    GLOBAL 1.46 +0.19 +15%
    UCC 1.73 +0.15 +9.5%
    ALMADINA 1.01 +0.07 +7.4%
    NCTH 8.89 +0.59 +7.1%
    EKTTITAB 0.76 +0.05 +7%
    worst stock falls
    symbol price change
    OEIHC 1.39 -0.11 -7.3%
    BOS 1.95 -0.10 -4.9%
    FH 5.30 -0.20 -3.6%
    METHAQ 4.27 -0.11 -2.5%
    ADNH 3.91 -0.07 -1.8%
    top volume
    symbol value (AED) price
    EMAAR93,010,0954.16
    DFM48,835,8462.17
    SOROUH34,697,9163.11
    EKTTITAB24,428,5660.76
    ARTC19,091,9193.07

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