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Sunday, June 13, 2010

UAE markets 13 Jun 2010

UAE market news & discussions for 13 June 2010

UAE stocks rose a little, with volumes increasing, particularly in Dubai. On the Nasdaq Dubai at 1430 UAE time, DP World is up 3.6%, and Damas is up 13.1%.

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

    Dubai stocks rose 0.94% to 1528 points from turnover of AED 162m with Emaar Properties (EMAAR) the most active stock, up 1.9% to 3.17 from AED 79m worth. Arab International Logistics (ARMX) was the best of the more active gainers, up 4.2% to 1.50, Arabtec (ARTC) rose 2.1%, Dubai Islamic Bank (DIB) 2.0%, and the other gainers were up less than 2% or on low volumes. Only 3 losers saw trading of more than AED 1m - Deyaar Development (DEYAAR) down 2.7% to 0.32, National General Cooling (TABREED) down 1.1%, and Emirates NBD (ENBD) down 0.38%.

    Abu Dhabi Securities Exchange

    Abu Dhabi stocks rose 0.56% to 2534 points from trading worth AED 93m with Emirates Telecom (ETISALAT) the most actively traded stock for a change, unchanged at 10.35 from AED 21m worth. First Gulf Bank (FGB) was the best of the more active gainers, up 2.9% to 14.30, Ras Al Khaimah Properties (RAKPROP) rose 2.6%, Abu Dhabi Islamic Bank (ADIB) 2.35%, Aldar Properties (ALDAR) 2.3%, and the remaining gainers were up less than 2% or on thin trading. Gulf Pharmaceutical Industries (JULPHAR) was the worst of the only two losers trading more than AED 1m worth, down 6.7% to 1.71, and National Bank of Umm Al Quwain (NBQ) was the other one, falling 5.0% to 2.45. National Bank of Abu Dhabi (NBAD) rose 2.1% to 10.20 from thin trading.

    Dubai Financial Market and Abu Dhabi Securities Exchange index for 13 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
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    best stock rises
    symbol price change
    DAMAS 0.19 +0.03 +18.8%
    ASMAK 10.50 +0.91 +9.5%
    HITSTELEC 0.83 +0.04 +5.1%
    AMAN 0.75 +0.03 +4.2%
    ARMX 1.50 +0.06 +4.2%
    worst stock falls
    symbol price change
    RAPCO 1.70 -0.15 -8.1%
    JULPHAR 1.71 -0.12 -6.6%
    SUDATEL 2.40 -0.15 -5.9%
    RAKCEC 1.37 -0.08 -5.5%
    NBQ 2.45 -0.13 -5%
    top volume
    symbol value (AED) price
    EMAAR79,372,5373.17
    ARTC25,919,3661.97
    DFM21,780,6431.57
    ETISALAT20,811,25310.35
    DANA18,435,9870.67

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