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

Sunday, May 16, 2010

UAE markets 16 May 2010

UAE market news & discussions for 16 May 2010

Most UAE stocks fell today, especially in Dubai but trading volumes were low. On the Nasdaq Dubai at 1530 UAE time, DP World is down 0.42%, and Depa has fallen 1.3%.

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

    Dubai stocks fell 1.5% to 1692 points from AED 199m worth of trading with Emaar Properties (EMAAR) the most active stock, down 2.1% to 3.75 from AED 92m worth. Dubai Investment Company (DIC) was the worst of the more active losers, down 3.7% to 0.87, Gulf Finance House (GFH) fell 2.8%, Arabtec (ARTC) 2.1%, and most other stocks were down less than 2% or on thin trading. There were only two gainers, neither trading more than AED 1m worth - Dubai National Insurance & Reinsurance (DNIR) up 0.88%, and Dubai Islamic Insurance (AMAN) up 0.12%.

    Abu Dhabi Securities Exchange

    Abu Dhabi stocks fell 0.58% to 2787 points from turnover of AED 93m with Aldar Properties (ALDAR) the most actively traded company, and also the worst of the more active losers, down 3.8% to 3.80 from AED 26m worth. Waha Capital (OILC) fell 2.7%, Sorouh Real Estate (SOROUH) 2.6%, and the other losers were down less than 2% or on low volumes. Of the gainers, there were only two trading more than AED 1m worth - Agthia Group (AGTHIA) with a closing price 10% limit up at 2.09, and Aabar Energy (AABAR) up 1.45%. Emirates Telecom (ETISALAT) was unchanged at 10.75, and National Bank of Abu Dhabi (NBAD) fell 1.7% to 11.85.

    Dubai Financial Market and Abu Dhabi Securities Exchange index for 16 May 2010

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

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    best stock rises
    symbol price change
    FH 5.21 +0.47 +9.9%
    AGTHIA 2.09 +0.13 +6.6%
    QCEM 0.76 +0.03 +4.1%
    RAKCEC 1.70 +0.06 +3.7%
    SUDATEL 2.75 +0.10 +3.8%
    worst stock falls
    symbol price change
    FGB 3.00 -0.35 -10.4%
    QTEL 152.70 -16.90 -10%
    ALSALAMSUDAN 2.07 -0.11 -5%
    METHAQ 2.51 -0.11 -4.2%
    ALDAR 3.80 -0.15 -3.8%
    top volume
    symbol value (AED) price
    EMAAR91,714,5853.75
    ARTC32,984,6872.36
    ALDAR26,487,6853.80
    DFM23,832,6761.71
    ETISALAT18,645,23010.75

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