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Tuesday, October 19, 2010

UAE markets 19 Oct 2010

UAE market news & discussions for 19 October 2010

UAE stocks rose. On the Nasdaq Dubai, DP World fell 0.85%, Depa rose 3.3%, and Damas fell 11.1%.

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

    Dubai stocks rose 0.29% to 1744 points from trading worth AED 155m with Emaar Properties (EMAAR) the most active stock, down 0.26% to 3.88 from AED 47m. Except for a few small trades for Emarat Takaful Insurance (TAKAFUL-EM), Arabtec (ARTC) was the best gainer, up 1.8% to 2.29. Emirates Integrated Telecommunications (DU) rose 1.6%, and the other gainers were up less than 1% or on thin trading. Al Madina Finance (ALMADINA) was the worst of the more active losers, down 2.5% to 0.50, Air Arabia (AIRARABIA) fell 0.24%, and the other losers were down on thin trading.

    Abu Dhabi Securities Exchange

    Abu Dhabi stocks rose 1.1% to 2808 points from AED 174m worth of trading with Aldar Properties (ALDAR) the most active stock, up 0.81% to 2.50 from AED 37m. Abu Dhabi Islamic Bank (ADIB) was the top gainer, up 3.9% to 3.16 from AED 11m, Emirates Telecom (ETISALAT) rose 2.6%, Agthia Group (AGTHIA) was up 2.2%, and the other gainers rose less than 2% or on thin trading. Methaq Islamic Insurance (METHAQ) was the worst of the more active losers, down 6.0% to 1.57, Arkan Building Materials (ARKAN) fell 5.0%, Sudan Telecom (SUDATEL) 2.6%, Ras Al Khaimah Cement (RAKCC) 2.5%, and the remaining losers fell less than 2% or on thin trading.

    Dubai Financial Market and Abu Dhabi Securities Exchange index for 19 October 2010

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

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    best stock rises
    symbol price change
    ADIB 3.16 +0.12 +3.9%
    RAKCEC 1.92 +0.05 +2.7%
    ETISALAT 11.90 +0.30 +2.6%
    FH 4.60 +0.11 +2.4%
    AGTHIA 2.28 +0.05 +2.2%
    worst stock falls
    symbol price change
    UCC 1.36 -0.15 -9.9%
    JULPHAR 1.84 -0.14 -7.1%
    METHAQ 1.57 -0.10 -6%
    ARKAN 1.47 -0.08 -5.2%
    DRC 6.20 -0.30 -4.6%
    top volume
    symbol value (AED) price
    EMAAR47,077,0903.88
    DU40,477,9763.10
    ALDAR37,216,5852.50
    ETISALAT23,823,82511.90
    SOROUH21,512,6021.75

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