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Monday, March 08, 2010

UAE markets 08 Mar 2010

UAE market news & discussions for 08 March 2010

UAE stocks saw another increase today, on greater volumes especially in Dubai, with Emaar leading the way on another solid rise. Tabreed plummeted on news of a loss of more than AED 1 bn for 2009. On the Nasdaq Dubai at 1445 UAE time, DP World is up 0.71%, Damas is unchanged, and Depa is up 4.35%.

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  • Dubai Financial Market

    Dubai stocks rose 1.7% to 1649 points from turnover up substantially to AED 537m worth of trading, although Emaar Properties (EMAAR) was still the only stock trading more than AED 100m worth of deals, up 5.4% to 3.34 from AED 280m. Shuaa Capital (SHUAA) was the top gainer, up 6.25% to 1.19, HITS Telecom rose 4.1%, Dubai Financial Market (DFM) shares were up 3.45%, and most other stocks were up less than 3% or unchanged. There were 5 losers with only National General Cooling (TABREED) trading more than AED 1m worth, closing 10% limit down at 0.57.

    Abu Dhabi Securities Exchange

    The ADX rose 1.0% to 2774 points from AED 181m worth of deals with Aldar Properties (ALDAR) the most actively traded stock, up 2.0% to 3.65 from AED 76m of turnover. National Marine Dredging (NMDC) was the best of the more actively traded stocks, up 5.9% to 9.00, Dana Gas (DANA) rose 4.8%, Abu Dhabi Commercial Bank (ADCB) 4.7%, National Bank of Abu Dhabi (NBAD) 4.5%, and the remaining gainers were up less than 3% or on low volumes, including Emirates Telecom (ETISALAT) up 0.41%. There were 7 losers with only Ras Al Khaimah Cement (RAKCC) trading more than AED 1m worth, down 1.0% to 0.97.

    Dubai Financial Market and Abu Dhabi Securities Exchange index for 08 March 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
    Marketwatch March 2010 DFM ADX
    ITSME Mon 08 Mar 2010 14:53
    Tabreed 2009 loss AED1.12bn
    GPIC Mon 08 Mar 2010 12:15
    Gulfnav rated as "Sell" by EFG Hermes
    MNK Sun 07 Mar 2010 12:54
    Dana Gas recent oil discovery
    default_monger Sun 07 Mar 2010 11:58
    DFM allows trading on fraction of fils
    moor Sun 07 Mar 2010 10:00
    Discussion about FXCM MENA
    sharewadi Sat 06 Mar 2010 09:47
    Limitless Minerva Northacre
    Gulfer Sat 06 Mar 2010 00:02
    Princess Resort Ajman cancelled
    tlove1111 Fri 05 Mar 2010 00:15
    Marketwatch February 2010 DFM ADX
    fadi Thu 04 Mar 2010 14:17
    Sukuks traded online
    bitsiankaushik Wed 03 Mar 2010 13:24
    No cash dividend for ARMX
    bandakok Wed 03 Mar 2010 11:13
    Arabtec 2009Q4 loss AED16m
    sam111sam Wed 03 Mar 2010 09:44
    DFM 2009Q4 profit AED88m +150%
    GPIC Tue 02 Mar 2010 21:48
    The Dark Side of Dubai
    sm2000 Tue 02 Mar 2010 21:01
    UPP buy or sell?
    sam111sam Tue 02 Mar 2010 10:22
    Arabtec new contract
    default_monger Tue 02 Mar 2010 10:13
    Emaar dividends 2009
    bandakok Tue 02 Mar 2010 01:32
    best stock rises
    symbol price change
    BILDCO 1.94 +0.17 +9.6%
    ADSB 3.83 +0.33 +9.4%
    SHUAA 1.19 +0.07 +6.3%
    NMDC 9.00 +0.50 +5.9%
    EMAAR 3.34 +0.17 +5.4%
    worst stock falls
    symbol price change
    RAKBANK 3.87 -0.43 -10%
    TABREED 0.57 -0.06 -9.5%
    ADAVIATION 2.30 -0.23 -9.1%
    FH 7.00 -0.39 -5.3%
    CBD 3.28 -0.17 -4.9%
    top volume
    symbol value (AED) price
    EMAAR280,121,0983.34
    ALDAR76,452,2853.65
    ARTC74,686,9312.22
    DFM48,537,5181.50
    AIRARABIA32,276,7451.02

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