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Thursday, November 25, 2010

UAE markets 25 Nov 2010

UAE market news & discussions for 25 November 2010

UAE stocks saw little movement except for a surge in the Al Madina share price, and continuing volatility for Methaq 0. On the Nasdaq Dubai, DP World rose 0.17%, and Depa was up 1.4%.

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  • Dubai Financial Market

    Dubai stocks rose 0.50% to 1682 points from trading worth AED 114m with Emaar Properties (EMAAR) the most actively traded stock, up 0.83% to 3.65 from AED 34m. HITS Telecom saw relatively high volumes, unchanged at 1.14 from AED 20m. Al Madina Finance (ALMADINA) was the top gainer, 15% limit up to 0.675 from a relatively high AED 5m worth. Islamic Arab Insurance (IAIC) rose 2.7% from thin trading, and the other gainers were up less than 2%. Arab International Logistics (ARMX) was the worst of the more active losers, down 0.95% to 2.08, Emirates Integrated Telecommunications (DU) fell 0.67%, Dubai Financial Market (DFM) 0.66%, Arabtec (ARTC) and National General Cooling (TABREED) about 0.5%, and the other 3 losers fell on thin trading.

    Abu Dhabi Securities Exchange

    Abu Dhabi stocks rose just 0.04% to 2757 points from trading worth AED 83m with Aldar Properties (ALDAR) the most actively traded stock, up 0.45% to 2.22 from AED 19m worth. Except for a couple of small trades in Abu Dhabi National Building Materials (BILDCO), Methaq Islamic Insurance (METHAQ) was the top gainer, up 3.4% to 2.69. Green Crescent Insurance (GCIC) rose 2.4%, Ras Al Khaimah Ceramics (RAKCEC) was up 2.3%, and the other gainers were up less than 2% or on thin trading. Union National Bank (UNB) was the worst loser, down 4.6% to 3.25, Ras Al Khaimah Properties (RAKPROP) fell 2.1%, and the other losers were down less than 2% or on thin trading. Emirates Telecom (ETISALAT) rose 0.45%, and National Bank of Abu Dhabi (NBAD) was unchanged.

    Dubai Financial Market and Abu Dhabi Securities Exchange index for 25 November 2010

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

      Latest posts and topics (click timestamp for last post) Last Post By Last Post Date
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    adeelakhtar Thu 11 Nov 2010 10:55
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    sam111sam Tue 09 Nov 2010 21:25
    Tabreed on track for a great year
    sam111sam Tue 09 Nov 2010 19:59
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    sharewadi Tue 09 Nov 2010 18:24
    SALAMA or AMAN (DII) stock performance
    MNK Tue 09 Nov 2010 11:11
    PMs not sent or received
    Krazy Guy Mon 08 Nov 2010 20:50
    best stock rises
    symbol price change
    ALMADINA 0.68 +0.09 +15.3%
    BILDCO 1.82 +0.06 +3.4%
    METHAQ 2.69 +0.09 +3.5%
    SALAMA 0.96 +0.03 +3.2%
    AKIC 0.80 +0.02 +2.6%
    worst stock falls
    symbol price change
    ALSALAMSUDAN 1.90 -0.17 -8.2%
    UNB 3.25 -0.16 -4.7%
    GLOBAL 0.70 -0.02 -2.8%
    SUDATEL 2.24 -0.06 -2.6%
    GMPC 1.83 -0.04 -2.1%
    top volume
    symbol value (AED) price
    EMAAR33,581,0173.65
    HITSTELEC20,201,8141.14
    ALDAR18,992,3162.22
    ARTC18,005,3371.84
    METHAQ12,550,4522.69

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