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

Thursday, September 16, 2010

UAE markets 16 Sep 2010

UAE market news & discussions for 16 September 2010

UAE stocks rose although small falls in NBAD and Etisalat held back the ADX index. On the Nasdaq Dubai, DP World rose 1.3%, and DGS fell 0.27%.

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

    Dubai stocks rose 1.2% to 1647 points from AED 317m worth of trading with Emaar Properties (EMAAR) the only company trading more than AED 100m worth, up 1.6% to 3.79 from AED 145m. Apart from a couple of small trades for Arab Insurance Group (ARIG) and Gulf General Investment (GGICO), National General Cooling (TABREED) was the best gainer, up 4.3% to 0.39. Dubai Islamic Bank (DIB) rose 3.35%, Emirates Integrated Telecommunications (DU) was up 2.4%, and the other gainers were up less than 2%. Only 3 stocks fell, none trading more than AED 1m worth.

    Abu Dhabi Securities Exchange

    Abu Dhabi stocks rose 0.21% to 2607 points from trading worth AED 163m with Aldar Properties (ALDAR) the most active stock, up 0.84% to 2.43 from AED 48m. Apart from a couple of small trades for Ras Al Khaimah White Cement (RAKWCT) and United Arab Bank (UAB), Ras Al Khaimah Properties (RAKPROP) was the best gainer with a 5% inicrease to 0.42. Dana Gas (DANA) rose 3.7%, Abu Dhabi Commercial Bank (ADCB) was up 2.9%, and the other gainers were up less than 2% or on thin trading. National Bank of Abu Dhabi (NBAD) was the worst of the more active losers, down 1.3% to 11.80, Emirates Telecom (ETISALAT) fell 0.48%, and the other losers were down less than 1% or on thin trading.

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

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

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    best stock rises
    symbol price change
    ARIG 1.85 +0.17 +10.1%
    RAKWCT 1.17 +0.10 +9.3%
    UAB 7.40 +0.60 +8.8%
    RAKPROP 0.42 +0.02 +5%
    GGICO 0.50 +0.02 +4.2%
    worst stock falls
    symbol price change
    BILDCO 1.91 -0.18 -8.6%
    ALSALAMSUDAN 1.70 -0.10 -5.6%
    RAKCC 0.73 -0.01 -1.4%
    NBAD 11.80 -0.15 -1.3%
    ARKAN 1.20 -0.01 -0.8%
    top volume
    symbol value (AED) price
    EMAAR145,208,4073.79
    DFM68,650,6381.78
    ALDAR47,855,7322.43
    ARTC38,851,4581.88
    DANA36,014,8720.86

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