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

Thursday, May 06, 2010

UAE markets 06 May 2010

UAE market news & discussions for 06 May 2010

In Dubai most stocks fell but an increase in Emirates NBD kept the index almost unchanged. In Abu Dhabi the index rose but there was little notable movement, and both indexes saw low volumes traded. On the Nasdaq Dubai at 1445 UAE time, DP World is down 1.8% and Depa is unchanged.

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  • Dubai Financial Market

    Dubai stocks fell 0.11% to 1734 points from trading worth AED 147m with Emaar Properties (EMAAR) the most active stock, down 1.0% to 3.85 from AED 53m worth of deals. Gulf Finance House (GFH) was the worst loser, down 3.6% to 0.72, HITS Telecom fell 2.8%, and the other losers fell less than 2% or on low volumes. There were only five gainers, and only Emirates NBD (ENBD), up 2.4%, and Emirates Integrated Telecommunications (DU), up 3.6%, traded more than AED 1m worth (just barely for both of them).

    Abu Dhabi Securities Exchange

    Abu Dhabi stocks rose 0.45% to 2791 points from turnover of AED 108m with Aldar Properties (ALDAR) the most active stock, unchanged at 3.83 from AED 29m worth of deals. Ras Al Khaimah Properties (RAKPROP) was the best of the gainers trading more than AED 1m worth, up 2.1% to 0.49, First Gulf Bank (FGB) rose 1.7%, and the other gainers were up less than 1.5% or on low volumes. There were six losers with none trading more than AED 1m worth, except for National Bank of Abu Dhabi (NBAD) convertible notes, down 2.3% to 78.00. Emirates Telecom (ETISALAT) was unchanged at 10.75, and National Bank of Abu Dhabi (NBAD) rose 0.42 to 12.00.

    Dubai Financial Market and Abu Dhabi Securities Exchange index for 06 May 2010

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

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    best stock rises
    symbol price change
    RAPCO 2.33 +0.21 +9.9%
    DU 2.60 +0.09 +3.6%
    BILDCO 2.25 +0.06 +2.7%
    TAQA 1.10 +0.03 +2.8%
    GCIC 0.76 +0.02 +2.7%
    worst stock falls
    symbol price change
    DEPA 0.77 -0.24 -23.8%
    SUDATEL 2.75 -0.11 -3.8%
    GFH 0.72 -0.03 -4%
    HITSTELEC 1.03 -0.03 -2.8%
    RAKWCT 1.05 -0.03 -2.8%
    top volume
    symbol value (AED) price
    EMAAR52,698,0453.85
    ARTC39,606,0612.50
    ALDAR29,278,1543.83
    DFM23,607,3961.72
    ADAVIATION12,719,8702.20

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