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Sunday, March 28, 2010

UAE markets 28 Mar 2010

UAE market news & discussions for 28 March 2010

UAE stocks saw another solid day of trading in the green, led by Arabtec in Dubai, and Aldar in Abu Dhabi. On the Nasdaq Dubai at 1415 UAE time, DP World is up 2.4%, and Depa is up 1.4%.

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  • Dubai Financial Market

    Dubai stocks rose 1.9% to 1881 points from trading worth AED 1.4 billion, with Emaar Properties (EMAAR) the most active stock, rising 1.2% to 4.12 from AED 611m worth. Arabtec (ARTC) was the top gainer, rising 11.6% to 2.59 on solid volumes of AED 434m. Dubai Financial Market (DFM) shares were the only others with more than AED 100m worth of trading, up 1.55% to 1.97 from AED 170m. National General Cooling (TABREED) rose 4.1%, Emirates NBD (ENBD) was up 3.6%, and the other gainers were up less than 3%, except for Gulf General Investment (GGICO), up 4.4% on low volumes. There were 5 losers, with only Al Madina Finance (ALMADINA), down 2.3%, and HITS Telecom, down 0.77%, trading more than AED 1m worth.

    Abu Dhabi Securities Exchange

    Abu Dhabi stocks rose 0.87% to 2929 points from turnover of AED 336m with Aldar Properties (ALDAR) the most active stock, and the top gainer, closing 10% limit up at 4.75 from AED 119m worth of deals. Sorouh Real Estate (SOROUH) rose 5.4%, Abu Dhabi Commercial Bank (ADCB) was up 4.0%, Arkan Building Materials (ARKAN) 3.8%, Aabar Energy (AABAR) 3.0%, and the remaining gainers were up less than 2% or unchanged. National Bank of Abu Dhabi (NBAD) rose 0.85%, and Emirates Telecom (ETISALAT) closed unchanged. In the list of 7 losers, only Abu Dhabi National Hotels (ADNH) saw trading of more than AED 1m (only just), and fell 1.1%.

    Dubai Financial Market and Abu Dhabi Securities Exchange index for 28 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
    precious Sun 28 Mar 2010 14:10
    Which Shares will Peak Faster Now ?
    Novice_investor Sun 28 Mar 2010 12:54
    DP World 2009FY profit US$370m -30%
    fadi Sun 28 Mar 2010 09:46
    Dubai Financial Market investor literacy index
    sharewadi Sat 27 Mar 2010 18:33
    Dividend date Air Arabia DSI Gulfnav?
    fadi Sat 27 Mar 2010 16:15
    Arabtec Aabar deal result?
    Cash King Sat 27 Mar 2010 08:25
    Dana Gas shares?
    old timer Sat 27 Mar 2010 05:33
    Dubai World government bailout
    Novice_investor Thu 25 Mar 2010 19:02
    DFM website problem
    fadi Thu 25 Mar 2010 14:00
    Best investments in UAE 2010?
    sam111sam Thu 25 Mar 2010 11:27
    Dubai Govt Funding
    bsense Thu 25 Mar 2010 10:38
    DAMAS share trading resume?
    ixtira Thu 25 Mar 2010 09:38
    ADX ETFs
    moor Wed 24 Mar 2010 17:17
    Drake Scull 2009 profit
    Ali Al-Darbi Wed 24 Mar 2010 16:06
    Emaar & chances of a dividend?
    sam111sam Wed 24 Mar 2010 10:19
    Dividends of Air Arabia, DFM & DIB
    sharewadi Wed 24 Mar 2010 08:01
    World Markets at 1yr High!
    sam111sam Tue 23 Mar 2010 21:15
    best stock rises
    symbol price change
    ARTC 2.59 +0.27 +11.6%
    ALDAR 4.75 +0.36 +8.2%
    RAPCO 2.29 +0.17 +8%
    SOROUH 2.59 +0.13 +5.3%
    GGICO 0.95 +0.04 +4.4%
    worst stock falls
    symbol price change
    RAKWCT 1.03 -0.09 -8%
    ALSALAMSUDAN 2.54 -0.23 -8.3%
    QCEM 0.76 -0.04 -5%
    GLOBAL 1.19 -0.06 -4.8%
    BILDCO 2.00 -0.10 -4.8%
    top volume
    symbol value (AED) price
    EMAAR610,651,3374.12
    ARTC434,003,6202.59
    DFM170,484,9251.97
    ALDAR118,835,8654.75
    SOROUH81,444,7552.59

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