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

Wednesday, June 16, 2010

UAE markets 16 Jun 2010

UAE market news & discussions for 16 June 2010

Dubai stocks fell below the 1500 point level, but Abu Dhabi stocks rose slightly, helped by a gain in NBAD. On the Nasdaq Dubai at 1430 UAE time, DP World is the only stock traded so far, down 3.2% to US$0.46

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  • Dubai Financial Market

    Dubai stocks fell almost 1% to 1488 points from turnover of AED 102m with Emaar Properties (EMAAR) the most active stock, down 2.3% to 3.01 from AED 48m. Arabtec (ARTC) was the worst of the more active losers, down 2.6% to 1.85, Drake & Scull (DSI) fell 2.3%, and the other losers were down less than 2% or on low trading. There were only 3 gainers trading more than AED 1m worth - Al Madina Finance (ALMADINA) up 8.7%, Arab International Logistics (ARMX) up 1.4%, and Dubai Investment Company (DIC) up 0.65%.

    Abu Dhabi Securities Exchange

    Abu Dhabi stocks rose 0.34% to 2520 points from trading worth AED 81m with Aldar Properties (ALDAR) the most active stock, down 0.33% to 3.01 from AED 20m worth. Union National Bank (UNB) was the worst of the more active losers, down 1.0% to 2.94, and Agthia Group (AGTHIA) was the only other loser trading more than AED 1m worth, down just 0.52%. Abu Dhabi Commercial Bank (ADCB) was the best of the more active gainers, up 2.0% to 1.52, Dana Gas (DANA) rose 1.6%, National Bank of Abu Dhabi (NBAD) was up 1.0%, and the other gainers rose less than 1% or on thin trading. Emirates Telecom (ETISALAT) closed unchanged at 10.30.

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

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

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    best stock rises
    symbol price change
    ALMADINA 0.58 +0.05 +9.4%
    NMDC 7.30 +0.54 +8%
    ALSALAMSUDAN 1.92 +0.12 +6.7%
    PALTEL 25.00 +1.40 +5.9%
    SALAM_BAH 0.78 +0.03 +4%
    worst stock falls
    symbol price change
    DARTAKAFUL 0.94 -0.10 -9.6%
    GLOBAL 1.10 -0.10 -8.3%
    GGICO 0.54 -0.03 -5.3%
    SALAMA 0.70 -0.04 -5.4%
    SHUAA 1.15 -0.05 -4.2%
    top volume
    symbol value (AED) price
    EMAAR47,841,4443.01
    ALDAR20,042,5543.01
    ARTC17,613,4041.85
    DANA17,503,7620.63
    ETISALAT12,192,66710.30

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