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

Sunday, September 05, 2010

UAE markets 05 Sep 2010

UAE market news & discussions for 05 September 2010

Dubai stocks surged on increased volumes, led by Emaar. Abu Dhabi stocks also rose slightly. On the Nasdaq Dubai, DP World was the only stock traded, rising 1.4% to US$0.50.

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  • Dubai Financial Market

    Dubai stocks rose 2.7% to 1538 points from trading worth AED 208m with Emaar Properties (EMAAR) the most active stock, up 5.4% to 3.50 from AED 116m. Emaar was also the top gainer except for a handful of small trades for Al Salam Bank (SALAM_BAH), up 6.5%. Dubai Financial Market (DFM) shares rose 4.8%, Arabtec (ARTC) 4.2%, Dubai Islamic Bank (DIB) and Emirates Integrated Telecommunications (DU) 3.7%, and and the remaining gainers rose less than 3%. There were only two losers - Gulf Finance House (GFH) 10% limit down from just one trade, and Arab International Logistics (ARMX) down 1.7% to 1.76.

    Abu Dhabi Securities Exchange

    Abu Dhabi stocks rose 0.51% to 2507 points from trading worth AED 103m with Aldar Properties (ALDAR) the most active stock, up 0.87% to 2.34 from AED 44m. Abu Dhabi Commercial Bank (ADCB) was the best of the more active gainers, up 2.9% to 1.74, Ras Al Khaimah Properties (RAKPROP) rose 2.6%, and the other gainers were up less than 2% or on thin trading. Aabar Energy (AABAR) was the only loser trading more than AED 1m worth, down 3.4% to 1.46. National Bank of Abu Dhabi (NBAD) rose 0.44% and Emirates Telecom (ETISALAT) rose 0.50%.

    Dubai Financial Market and Abu Dhabi Securities Exchange index for 05 September 2010

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

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    best stock rises
    symbol price change
    SALAM_BAH 0.73 +0.04 +5.8%
    EMAAR 3.50 +0.18 +5.4%
    DFM 1.52 +0.07 +4.8%
    NBQ 2.40 +0.10 +4.3%
    ARTC 1.72 +0.07 +4.2%
    worst stock falls
    symbol price change
    GLOBAL 0.89 -0.10 -10.1%
    UCC 1.30 -0.06 -4.4%
    AABAR 1.46 -0.05 -3.3%
    RAKWCT 1.07 -0.03 -2.7%
    AKIC 0.78 -0.02 -2.5%
    top volume
    symbol value (AED) price
    EMAAR115,926,6803.50
    ALDAR44,338,4162.34
    ARTC31,899,0171.72
    DFM21,629,5231.52
    DANA15,393,9270.78

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