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Monday, October 04, 2010

UAE markets 04 Oct 2010

UAE market news & discussions for 04 October 2010

UAE stocks fell which seems to be the usual theme again. On the Nasdaq Dubai, DP World fell 0.20% to US$0.51.

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

    Dubai stocks fell 0.48% to 1687 points from AED 126m worth of trading with Emaar Properties (EMAAR) the most active stock, down 0.80% to 3.72 from AED 40m. Drake & Scull (DSI) was the worst of the more active losers, down 2.0% to 0.92. Emirates Integrated Telecommunications (DU) fell 1.9%, Arab International Logistics (ARMX) 1.8%, Deyaar Development (DEYAAR) 1.6%, and the other losers were down less than 1.5% or on thin trading. There were only 4 gainers, none trading more than AED 1m worth.

    Abu Dhabi Securities Exchange

    Abu Dhabi stocks fell 0.39% to 2664 points from trading worth AED 104m with First Gulf Bank (FGB) in top spot on turnover for a change, down 1.0% to 14.95 from AED 33m. Aldar Properties (ALDAR) was the worst of the more active losers, down 2.4% to 2.43, Abu Dhabi Commercial Bank (ADCB) fell 2.2%, and the other losers were down less than 2% or on thin trading. Abu Dhabi Islamic Bank (ADIB) was the best of the more active gainers, up 3.2% to 2.94, Ras Al Khaimah Properties (RAKPROP) rose 2.4%, and the other gainers were up less than 2% or on thin trading. National Bank of Abu Dhabi (NBAD) was unchanged, and Emirates Telecom (ETISALAT) fell 0.93%.

    Dubai Financial Market and Abu Dhabi Securities Exchange index for 04 October 2010

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

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    best stock rises
    symbol price change
    UCC 1.50 +0.10 +7.1%
    FH 4.50 +0.18 +4.2%
    GGICO 0.50 +0.02 +4.2%
    ADIB 2.94 +0.09 +3.2%
    RAKPROP 0.43 +0.01 +2.4%
    worst stock falls
    symbol price change
    GLOBAL 0.73 -0.07 -8.8%
    OEIHC 0.65 -0.06 -8.5%
    TKFL 3.70 -0.27 -6.8%
    BILDCO 1.78 -0.11 -5.8%
    ALDAR 2.43 -0.06 -2.4%
    top volume
    symbol value (AED) price
    EMAAR40,411,4323.72
    DU33,993,2282.63
    FGB33,351,45914.95
    ALDAR24,256,1272.43
    ARTC20,874,6162.01

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