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

Monday, April 12, 2010

UAE markets 12 Apr 2010

UAE market news & discussions for 12 April 2010

UAE stocks rose slightly today, led by Emaar in Dubai. On the Nasdaq Dubai, DP World rose 0.37%, and Depa was up 2.6%.

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

    Dubai stocks were up 0.50% to 1834 points from AED 1.0 billion worth of trading, with Emaar Properties (EMAAR) the most active stock, up 2.0% to 4.14 from AED 619m worth, and was also the best gainer except for a few trades in Al Salam Bank (SALAM_BAH). Two other stocks saw trading of more than AED 100m; Arabtec (ARTC) down 0.37%, and Dubai Financial Market (DFM) up 1.0%. Most other gainers rose less than 1%. Islamic Arab Insurance (IAIC) was the worst of the more active losers, down 1.8% to 0.87, Dubai Islamic Bank (DIB) and Arab International Logistics (ARMX) fell 1.2%, and the other losers were down less than 1% or on low volumes.

    Abu Dhabi Securities Exchange

    Abu Dhabi stocks rose 0.62% to 2865 points from turnover of AED 149m with Aldar Properties (ALDAR) the most active stock, up 1.5% to 4.63 from AED 40m. Ras Al Khaimah Cement (RAKCC) was the best of the more active gainers, rising 3.0% to 1.00, Ras Al Khaimah Properties (RAKPROP) was up 1.9%, Sorouh Real Estate (SOROUH) 1.6%, and the other gainers were up less than 1.5% or on low volumes. There were five losers with only two trading more than AED 1m worth; Abu Dhabi National Hotels (ADNH) down 1.2%, and Methaq Islamic Insurance (METHAQ) down 0.36%. Emirates Telecom (ETISALAT) increased by 1.4%, and National Bank of Abu Dhabi (NBAD) fell 1.7% on low volumes.

    Dubai Financial Market and Abu Dhabi Securities Exchange index for 12 April 2010

    UAE stock market news and discussions at Dubai Share Talk ...

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    best stock rises
    symbol price change
    DRIVE 3.70 +0.14 +3.9%
    SALAM_BAH 0.89 +0.03 +3.5%
    RAKCC 1.00 +0.03 +3.1%
    AGTHIA 1.93 +0.05 +2.7%
    GCIC 0.81 +0.02 +2.5%
    worst stock falls
    symbol price change
    DNIR 2.28 -0.12 -5%
    NMDC 8.25 -0.21 -2.5%
    GGICO 0.96 -0.02 -2%
    ALMADINA 0.81 -0.02 -2.4%
    SALAMA 0.87 -0.02 -2.2%
    top volume
    symbol value (AED) price
    EMAAR618,662,1304.14
    ARTC159,039,1832.69
    DFM142,998,2291.98
    ALDAR40,231,2414.63
    DANA29,379,1780.92

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