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

Wednesday, May 12, 2010

UAE markets 12 May 2010

UAE market news & discussions for 12 May 2010

UAE stocks rose slightly but volumes were still low. On the Nasdaq Dubai at 1415 UAE time, DP World is unchanged, Depa is up 2.6%, DGS is up 2.2%, and Damas is up 2.9%.

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

    Dubai stocks rose 0.52% to 1715 points from AED 224m worth of trading with Emaar Properties (EMAAR) the most actively traded stock, up 1.05% to 3.85 from AED 93m. HITS Telecom was the best gainer, up 3.2% to 1.03, Drake & Scull (DSI) rose 1.35%, Arabtec (ARTC) 1.25%, and the other gainers were up less than 1% or on low volumes. There were 5 losers, and only Arab International Logistics (ARMX), down 1.2% to 1.60, saw trading worth more than AED 1m.

    Abu Dhabi Securities Exchange

    Abu Dhabi stocks rose 0.25% to 2796 points from trading of AED 120m with Aldar Properties (ALDAR) the most active stock as usual, up 1.8% to 3.92 from AED 41m worth, and was also the best of the more active gainers. The rarely traded National Bank of Umm Al Quwain (NBQ) took a surprising second spot on the actively traded stocks list, falling 3.2% to 2.56 from AED 19m worth, albeit from just 6 deals. It was also the worst of the more active losers. Other stock movements included Union National Bank (UNB) up 1.5%, Waha Capital (OILC) 1.4%, Sorouh Real Estate (SOROUH) 1.3%, with the remaining gainers up less than 1% or on thin trading. Ras Al Khaimah Properties (RAKPROP) fell 2.0% Dana Gas (DANA) 1.2%, Abu Dhabi Commercial Bank (ADCB) 1.1%, and the other losers were down less than 1% or on low volumes. Emirates Telecom (ETISALAT) and National Bank of Abu Dhabi (NBAD) were unchanged at 10.65 and 11.90 respectively.

    Dubai Financial Market and Abu Dhabi Securities Exchange index for 12 May 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
    Any reason why DSI is lagging behind the rest?
    Ali Al-Darbi Wed 12 May 2010 13:46
    DFM Dividend 2009-2010
    bandakok Wed 12 May 2010 09:55
    Marketwatch May 2010 DFM ADX
    GPIC Tue 11 May 2010 18:50
    DU Telecom 2010Q1 profit 97m
    sam111sam Tue 11 May 2010 18:30
    Air Arabia 2010Q1 profit AED50m -51%
    joeoma Tue 11 May 2010 11:59
    Arabtec dividend 2009
    MNK Tue 11 May 2010 08:40
    HITS Telecom financial result 2009
    sharewadi Tue 11 May 2010 00:08
    Emaar & chances of a dividend?
    Rick Mon 10 May 2010 23:12
    OILC Waha dividend 2009
    girish Mon 10 May 2010 14:20
    Drake Scull 2009 profit
    Ali Al-Darbi Sun 09 May 2010 16:01
    Why Dana Gas now?
    small fry Sun 09 May 2010 10:06
    DANA Gas Zora project
    old timer Sat 08 May 2010 02:39
    RAK Properties dividend 2009
    nilegirl Fri 07 May 2010 08:28
    Marketwatch April 2010 DFM ADX
    Novice_investor Wed 05 May 2010 23:53
    UPP buy or sell?
    dxb Wed 05 May 2010 10:21
    Dubai World Debt Proposal Is 'Very Fair,"...
    GPIC Mon 03 May 2010 23:10
    List of Annual General Meetings UAE 2010
    farnush Mon 03 May 2010 18:07
    best stock rises
    symbol price change
    GCEM 2.08 +0.17 +8.9%
    PALTEL 26.00 +1.30 +5.3%
    ADAVIATION 2.25 +0.11 +5.1%
    TAQA 1.17 +0.04 +3.5%
    HITSTELEC 1.03 +0.03 +3%
    worst stock falls
    symbol price change
    AAAIC 60.00 -3.00 -4.8%
    SCIDC 1.10 -0.05 -4.3%
    SHUAA 1.35 -0.05 -3.6%
    NBQ 2.56 -0.09 -3.4%
    ALSALAMSUDAN 2.18 -0.07 -3.1%
    top volume
    symbol value (AED) price
    EMAAR93,291,8743.85
    ARTC42,053,0012.43
    ALDAR40,613,5393.92
    DFM26,313,6111.75
    ARMX19,880,8011.60

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