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Sunday, May 02, 2010

UAE markets 02 May 2010

UAE market news & discussions for 02 May 2010

Dubai stocks fell although Union Properties saw a decent rise, and Abu Dhabi stocks were mixed with the ADX almost unchanged. On the Nasdaq Dubai at 1500 UAE time, Depa is unchanged at $0.78, and DP World is down 0.55% to $0.54.

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  • Dubai Financial Market

    Dubai stocks fell 0.90% to 1724 points from AED 169m worth of trading with Emaar Properties (EMAAR) the most active stock, down 1.3% to 3.86 from AED 76m. Deyaar Development (DEYAAR) was the worst loser, down 3.1%, Gulf Navigation (GULFNAV) fell 2.9%, Dubai Financial Market (DFM) was down 2.3%, and the other losers fell less than 2% or on low volumes. There were only three gainers - Union Properties (UPP) up 5.8%, Gulf Finance House (GFH) up 1.6%, and Emirates Integrated Telecommunications (DU) up 0.82%.

    Abu Dhabi Securities Exchange

    Abu Dhabi stocks fell 0.12% to 2774 points from AED 86m worth of trading with Aldar Properties (ALDAR) the most active stock and also the worst of the more active losers, down 3.6% to 3.86 from AED 28m worth of trading. First Gulf Bank (FGB) fell 1.6%, Abu Dhabi Islamic Bank (ADIB) was down just 0.35%, and the other losers fell on turnover of less than AED 1m each. Aabar Energy (AABAR) was the best of the more active gainers, up 3.2% to 2.26, Abu Dhabi Commercial Bank (ADCB) rose 2.9%, Emirates Telecom (ETISALAT) and Sorouh Real Estate (SOROUH) were up just under 0.5%, and the other gainers rose on thin trading. National Bank of Abu Dhabi (NBAD) closed unchanged at 11.95.

    Dubai Financial Market and Abu Dhabi Securities Exchange index for 02 May 2010

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

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    best stock rises
    symbol price change
    UPP 0.46 +0.03 +7%
    RAKCEC 1.65 +0.08 +5.1%
    RAKWCT 1.08 +0.04 +3.8%
    AABAR 2.26 +0.07 +3.2%
    ADCB 1.84 +0.05 +2.8%
    worst stock falls
    symbol price change
    GCEM 1.86 -0.20 -9.7%
    RAPCO 1.95 -0.19 -8.9%
    BILDCO 1.92 -0.16 -7.7%
    JULPHAR 1.85 -0.15 -7.5%
    ALDAR 3.86 -0.14 -3.5%
    top volume
    symbol value (AED) price
    EMAAR75,538,8053.86
    ARTC49,084,6142.44
    ALDAR27,540,8053.86
    DFM21,841,7691.73
    DANA12,296,1840.81

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