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

Sunday, January 17, 2010

UAE markets 17 Jan 2010

UAE market news & discussions for 17 January 2010

UAE markets started the week in the red but on low volumes. On the Nasdaq Dubai at 1430 UAE time, DP World is up 0.60% to $0.503, and Depa is down 2.0% to $0.50.

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  • Dubai Financial Market

    The Dubai Financial Market (DFM) fell 2.0% to 1674 points from turnover of 253m with Emaar Properties (EMAAR) the most active stock, and the only one trading more than AED 100m, down 3.7% to 3.39 from AED 107m. Global Investment House (GLOBAL) was the worst loser, down 8.3% to 1.32 but from just one small trade, Dubai Financial Market (DFM) was the worst of the more active stocks, down 4.7% to 1.61, Ajman Islamic Bank (AJMANBANK) fell 3.4%, Arabtec (ARTC) was down 3.3%, Dubai Investment Company (DIC) dropped by 3.1%, and most other stocks were down less than 3%. There were only 3 gainers, Gulf Finance House (GFH) up 3.4%, Al Madina Finance (ALMADINA) up 1.0%, both on greater than usual trading, and Al Salam Bank Sudan (ALSALAMSUDAN) up 0.82% on thin volumes. Several stocks closed unchanged, including Drake & Scull (DSI), Deyaar Development (DEYAAR), and Gulf Navigation (GULFNAV).

    Abu Dhabi Securities Exchange

    The ADX fell 1.2% to 2674 points from turnover of AED 105m. Aldar Properties (ALDAR) was the most active stock but still only traded AED 42m worth as it fell 2.2% to 4.56. Abu Dhabi Commercial Bank (ADCB) was the worst loser, down 4.7% to 1.44, Union National Bank (UNB) fell 4.3%, Abu Dhabi National Energy (TAQA) dropped by 3.2%, and most other stocks were down by less than 3%. There were only 4 gainers, none trading more than AED 1m, with Umm Al Quwain Cement (QCEM) the best of them, up by 1.6% to 0.64. Emirates Telecom (ETISALAT) was down 0.90%, and National Bank of Abu Dhabi (NBAD) was down 2.1%.

    Dubai Financial Market and Abu Dhabi Securities Exchange index for 17 January 2010

    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
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    best stock rises
    symbol price change
    GFH 1.23 +0.04 +3.4%
    QCEM 0.64 +0.01 +1.6%
    ASMAK 15.70 +0.20 +1.3%
    ALMADINA 1.00 +0.01 +1%
    ALSALAMSUDAN 2.46 +0.02 +0.8%
    worst stock falls
    symbol price change
    GLOBAL 1.32 -0.12 -8.3%
    DFM 1.61 -0.08 -4.7%
    ADCB 1.44 -0.07 -4.6%
    UNB 2.70 -0.12 -4.3%
    EMAAR 3.39 -0.13 -3.7%
    top volume
    symbol value (AED) price
    EMAAR107,354,7413.39
    ALDAR42,698,8924.56
    ARTC38,163,1212.33
    DFM25,011,0791.61
    GFH19,772,1401.23

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