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

Thursday, October 07, 2010

UAE markets 07 Oct 2010

UAE market news & discussions for 07 October 2010

UAE stocks rose with unusually high trading volumes for First Gulf Bank in Abu Dhabi. On the Nasdaq Dubai, DP World is up 2.5%, and Depa and Damas traded with closing prices unchanged.

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

    Dubai stocks rose 1.0% to 1723 points from trading worth AED 313m with Emaar Properties (EMAAR) the only stock trading more than AED 100m, up 1.1% to 3.83 from AED 116m. Except for a couple of rare trades for Dubai Refreshments (DRC), Islamic Arab Insurance (IAIC) was the top gainer, up 4.0% to 0.94. Dubai Islamic Insurance (AMAN) rose 3.6%, Emirates NBD (ENBD) 3.5%, and the other gainers were up less than 2%. There were 6 losers with only two trading more than AED 1m - Deyaar Development (DEYAAR) and Gulf Finance House (GFH), both up less than 0.5%.

    Abu Dhabi Securities Exchange

    Abu Dhabi stocks rose 0.29% to 2685 points from AED 202m worth of trading with First Gulf Bank (FGB), unusually, in the top spot by traded value, and the only stock trading more than AED 100m, up 0.67% to 15.25. Abu Dhabi Commercial Bank (ADCB) was the best of the more active gainers, up 2.2% to 2.36, Methaq Islamic Insurance (METHAQ) rose 1.55%, and the other gainers were up less than 1% or on thin trading. There were 9 losers with only Abu Dhabi Islamic Bank (ADIB) trading more than AED 1m worth, down just 0.34% to 2.95. Emirates Telecom (ETISALAT) rose 0.47% to 10.75, and National Bank of Abu Dhabi (NBAD) was unchanged at 11.65.

    Dubai Financial Market and Abu Dhabi Securities Exchange index for 07 October 2010

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

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    best stock rises
    symbol price change
    TKFL 4.00 +0.30 +8.1%
    DRC 6.53 +0.30 +4.8%
    UCC 1.56 +0.06 +4%
    SALAMA 0.94 +0.04 +4.4%
    AMAN 0.72 +0.03 +4.3%
    worst stock falls
    symbol price change
    FOODCO 1.62 -0.18 -10%
    NMDC 8.47 -0.87 -9.3%
    PALTEL 23.15 -1.85 -7.4%
    INVESTB 1.70 -0.04 -2.3%
    SCIDC 0.97 -0.02 -2%
    top volume
    symbol value (AED) price
    EMAAR116,434,7843.83
    FGB109,180,65415.25
    ARTC60,562,2112.18
    ARMX45,753,8852.28
    DFM44,627,9891.83

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