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

Sunday, June 06, 2010

UAE markets 06 Jun 2010

UAE market news & discussions for 06 June 2010

UAE stocks fell as usual (what else do they do these days?) but trading volumes continued to be thin with the DFM only just trading more than AED 100m worth. On the Nasdaq Dubai at 1400 UAE time, DP World is the only stock traded so far, down 2.7% to US$0.43.

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  • Dubai Financial Market

    Dubai stocks fell 1.8% to 1513 points from AED 112m worth of trading with Emaar Properties (EMAAR) the most active stock, but still only trading AED 53m worth as it fell 3.1% to 3.10. Emirates Integrated Telecommunications (DU) was the worst of the more active losers, 5% limit down to 2.00, Arabtec (ARTC) fell 3.5%, Air Arabia (AIRARABIA) 2.9%, Dubai Financial Market (DFM) 2.5%, and the other losers were down less than 2.5% or on turnover of less than AED 1m. There were 5 gainers, but only Gulf Finance House (GFH) saw more than AED 1m worth of trading, up 1.4% to 0.51. Emirates NBD (ENBD) fell 0.75% to 2.66 on thin trading.

    Abu Dhabi Securities Exchange

    The Abu Dhabi index fell 1.3% to 2538 points from trading worth AED 64m with Aldar Properties (ALDAR) the most active stock but trading just AED 16m worth as it fell 2.8% to 3.09. Dana Gas (DANA) was the only other stock trading more than AED 10m worth, down 4.3% to 0.68. Aabar Energy (AABAR) was the worst loser on more than AED 1m worth, down 5.3% to 1.63, Waha Capital (OILC) fell 5.0%, Abu Dhabi Commercial Bank (ADCB) 3.1%, First Gulf Bank (FGB) 3.0%, and the other losers were down less than 3% or on thin trading. There were only 3 gainers - Gulf Pharmaceutical Industries (JULPHAR), Ras Al Khaimah White Cement (RAKWCT), and Ras Al Khaimah Ceramics (RAKCEC) - but none trading more than AED 100k worth. Emirates Telecom (ETISALAT) and National Bank of Abu Dhabi (NBAD) both fell just under 1%.

    Dubai Financial Market and Abu Dhabi Securities Exchange index for 06 June 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
    Marketwatch June 2010 DFM ADX
    sam111sam Sun 06 Jun 2010 13:08
    DIC heading south?
    sam111sam Thu 03 Jun 2010 16:34
    DIB to buy Tamweel
    sharewadi Wed 02 Jun 2010 17:53
    Amlak Tamweel merger
    sharewadi Wed 02 Jun 2010 17:51
    AMLAK TAMWEEL suspended ... delisted?
    sharewadi Wed 02 Jun 2010 17:50
    Emirates NBD - 3 more UAE IPOs coming
    sharewadi Wed 02 Jun 2010 14:47
    Why is ARMX heading south?
    Ali Al-Darbi Wed 02 Jun 2010 12:06
    TABREED Going Down
    mohsent Tue 01 Jun 2010 21:50
    Dubai Gold and Commodities Exchange (DGCX)
    jhar Tue 01 Jun 2010 15:29
    Dubai Holding COG 2010 loss AED23bn
    sharewadi Tue 01 Jun 2010 14:02
    Marketwatch May 2010 DFM ADX
    sharewadi Tue 01 Jun 2010 13:19
    Drake Scull 2009 profit
    Trader2009 Mon 31 May 2010 15:52
    What's happening? Saudi stock market 5% up!
    sam111sam Sun 30 May 2010 09:20
    First UAE IPO in 2010
    bandakok Sun 30 May 2010 00:40
    Dubai International Capital debt standstill
    sharewadi Sat 29 May 2010 17:52
    Al Mazaya capital increase 2010
    sharewadi Sat 29 May 2010 12:56
    UAE Stocks Recovery
    sammy Thu 27 May 2010 00:33
    best stock rises
    symbol price change
    DARTAKAFUL 1.13 +0.06 +5.6%
    SHUAA 1.31 +0.06 +4.8%
    RAKCEC 1.50 +0.05 +3.4%
    RAKWCT 1.06 +0.03 +2.9%
    JULPHAR 1.80 +0.04 +2.3%
    worst stock falls
    symbol price change
    METHAQ 1.70 -0.17 -9.1%
    ADSB 3.31 -0.27 -7.5%
    HITSTELEC 0.81 -0.06 -6.9%
    AABAR 1.63 -0.09 -5.2%
    ARKAN 1.50 -0.08 -5.1%
    top volume
    symbol value (AED) price
    EMAAR52,995,5423.10
    ARTC20,554,2991.93
    ALDAR16,347,0553.09
    DANA12,078,5080.68
    DFM10,685,8331.54

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