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Tuesday, August 10, 2010

UAE markets 10 Aug 2010

UAE market news & discussions for 10 August 2010

UAE stocks slipped away again today although a couple of more active stocks managed to rise. On the Nasdaq Dubai, DP World is up 0.41%, and Depa is up 1.7%.

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  • Dubai Financial Market

    Dubai stocks fell 0.34% to 1496 points from AED 62m worth of trading with Arabtec (ARTC) the most active stock, down 1.2% to 1.68 from AED 13m. Emirates Integrated Telecommunications (DU) was the only other company trading more than AED 10m worth, up 0.99% to 2.03 from AED 12m, while Emaar Properties (EMAAR) could only manage AED 5.1m worth of trading as it fell 0.93%. Gulf Navigation (GULFNAV) was the worst of the more active losers, down 3.5% to 0.50, while the others fell less than 2% or on thin trading. Apart from Du, only two other gainers saw more than AED 1m worth of trading - Dubai Investment Company (DIC) and National General Cooling (TABREED), both up less than 1%. Emirates NBD (ENBD) was unchanged at 2.45.

    Abu Dhabi Securities Exchange

    Abu Dhabi stocks fell 0.11% to 2509 points from trading worth AED 98m with the rarely traded National Bank Of Ras Al Khaimah (RAKBANK) taking the top spot by traded value, up 1.5% to 4.16 from AED 35m worth but that was from just one trade of 8.4m shares. Abu Dhabi Islamic Bank (ADIB) was the worst of the more active losers, down 3.6% to 2.40, Sorouh Real Estate (SOROUH) fell 1.2%, and National Bank of Abu Dhabi (NBAD), down 0.45% to 11.10, was the only other loser trading more than AED 1m worth. Emirates Telecom (ETISALAT) was unchanged at 10.00. There were 8 gainers with Aldar Properties (ALDAR) up 2.4% to 2.16, and the others rising less than 1.5% or on thin trading.

    Dubai Financial Market and Abu Dhabi Securities Exchange index for 10 August 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
    OEIHC 0.70 +0.04 +6.1%
    GCIC 0.59 +0.03 +5.4%
    SALAM_BAH 0.74 +0.03 +4.2%
    GLOBAL 0.97 +0.04 +4.3%
    DARTAKAFUL 0.93 +0.04 +4.5%
    worst stock falls
    symbol price change
    IFA 0.84 -0.09 -9.7%
    UCC 1.51 -0.13 -7.9%
    QCEM 0.66 -0.03 -4.3%
    ADIB 2.40 -0.09 -3.6%
    GULFNAV 0.50 -0.02 -3.8%
    top volume
    symbol value (AED) price
    RAKBANK35,055,1144.16
    ALDAR20,105,0102.16
    DANA13,727,6590.75
    ARTC13,181,2841.68
    DU11,850,5792.03

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