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

Thursday, August 12, 2010

UAE markets 12 Aug 2010

UAE market news & discussions for 12 August 2010

UAE stocks mostly fell with yet another sharp fall for Aldar, and Aabar closing 10% limit down in Abu Dhabi. On the Nasdaq Dubai DP World fell 2.7%, Depa 0.15%, and DGS 2.7%.

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

    Dubai stocks fell 0.71% to 1472 points from AED 60m worth of trading with Emaar Properties (EMAAR) the most active stock, down 0.32% to 3.13. Air Arabia (AIRARABIA) was the worst of the more active losers, down 2.55% to 0.80, Arabtec (ARTC) fell 1.8%, Dubai Islamic Bank (DIB) 1.6%, and the other losers were down less than 1% or on low volumes. Only two gainers saw trading of more than AED 1m worth - Emirates Integrated Telecommunications (DU) up 0.99%, and Deyaar Development (DEYAAR) up 0.33%.

    Abu Dhabi Securities Exchange

    Abu Dhabi stocks fell 0.96% to 2472 points from AED 84m with Aldar Properties (ALDAR) the most actively traded stock, down 3.3% to 2.03. Aabar Energy (AABAR) was the worst of the more active losers, closing 10% limit down at 1.58, Sorouh Real Estate (SOROUH) fell 2.5%, Abu Dhabi Islamic Bank (ADIB) 2.1%, and the other losers were down less than 2% or on thin trading. There were 4 gainers with only Dana Gas (DANA) trading more than AED 1m worth, up 1.3% to 0.77. Emirates Telecom (ETISALAT) was unchanged at 10.00, and National Bank of Abu Dhabi (NBAD) fell 4.0% to 10.80 from thin trading.

    Dubai Financial Market and Abu Dhabi Securities Exchange index for 12 August 2010

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

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    best stock rises
    symbol price change
    GLOBAL 1.09 +0.14 +14.7%
    SHUAA 0.98 +0.04 +4.3%
    SUDATEL 2.38 +0.06 +2.6%
    ADCB 1.66 +0.03 +1.8%
    DANA 0.77 +0.01 +1.3%
    worst stock falls
    symbol price change
    QCEM 0.63 -0.07 -10%
    UCC 1.27 -0.14 -9.9%
    AABAR 1.58 -0.14 -8.1%
    DARTAKAFUL 0.88 -0.05 -5.4%
    METHAQ 1.16 -0.06 -4.9%
    top volume
    symbol value (AED) price
    ALDAR32,299,4062.03
    EMAAR18,170,5083.13
    ARTC15,177,6551.64
    FGB14,647,50013.95
    DANA11,360,3560.77

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