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

Monday, May 24, 2010

UAE markets 24 May 2010

UAE market news & discussions for 24 May 2010

Another glum day as UAE stocks fell again, led by Emaar and Aldar both dropping about 3%. On the Nasdaq Dubai at 1430 UAE time, DP World is down 2.0%, and Depa is unchanged.

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

    Dubai stocks fell 2.0% to 1647 points from turnover of AED 268m with Emaar Properties (EMAAR) accounting for over half of that, and the only stock trading more than AED 100m, down 3.0% to 3.58 from AED 142m. National General Cooling (TABREED) was the worst of the more active stocks, down 4.4% to 0.43, Emirates NBD (ENBD) fell 4.45% on low trading, Deyaar Development (DEYAAR) dropped by 3.1%, and the other losers fell less than 3% or on low volumes. There were 4 gainers with only Gulf Finance House (GFH) trading more than AED 1m, up 2.4% to 0.61, and also the top gainer.

    Abu Dhabi Securities Exchange

    Abu Dhabi stocks fell 0.82% to 2736 points from turnover of AED 117m with Aldar Properties (ALDAR) the most active stock, down 3.1% to 3.39 from AED 50m worth. Abu Dhabi National Hotels (ADNH) was the worst of the more active losers, down 8.3% to 3.20, Sorouh Real Estate (SOROUH) fell 3.6%, Gulf Medical Projects (GMPC) 2.3%, National Bank of Abu Dhabi (NBAD) 2.15%, and the other losers were down by less than 2% or on low volumes. There were 4 gainers with only Abu Dhabi National Energy (TAQA) trading more than AED 1m, up 0.85% to 1.18.

    Dubai Financial Market and Abu Dhabi Securities Exchange index for 24 May 2010

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

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    best stock rises
    symbol price change
    GFH 0.61 +0.01 +1.7%
    ADIB 2.65 +0.04 +1.5%
    AMAN 0.81 +0.01 +1.3%
    AJMANBANK 0.79 +0.01 +1.3%
    NBS 0.94 +0.01 +1.1%
    worst stock falls
    symbol price change
    IFA 3.80 -0.42 -10%
    FH 5.23 -0.45 -7.9%
    ALMADINA 0.61 -0.06 -9%
    ADNH 3.20 -0.29 -8.3%
    GCIC 0.66 -0.05 -7%
    top volume
    symbol value (AED) price
    EMAAR142,328,8853.58
    ALDAR50,097,0363.39
    ARTC30,609,4512.25
    ARMX26,704,4651.41
    DFM24,616,8611.65

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