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

Wednesday, December 08, 2010

UAE markets 08 Dec 2010

UAE market news & discussions for 08 December 2010

UAE stocks fell in Dubai, but rose in Abu Dhabi led by a limit up close for Aldar on heavy trading. On the Nasdaq Dubai, DP World fell 0.67%, and Depa fell 0.83%.

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

    Dubai stocks fell 0.94% to 1700 points from trading worth AED 202m with Arabtec (ARTC) the most active stock, down 0.47% to 2.11 from AED 62m. Arab International Logistics (ARMX) was the worst of the more active stocks, down 2.4% to 2.00, Al Madina Finance (ALMADINA) fell 2.3%, Emirates NBD (ENBD) fell 2.2%, and the other losers were down less than 2% or on low volumes. There were 5 gainers with only Dubai Investment Company (DIC) trading more than AED 1m - up 1.35% to 0.90.

    Abu Dhabi Securities Exchange

    Abu Dhabi stocks rose 0.53% to 2755 points from AED 382m worth of trading with Aldar Properties (ALDAR) the most actively traded stock, and the top gainer, closing 10% limit up at 2.51 with no sellers in the queue. National Bank of Umm Al Quwain (NBQ) and Umm Al Quwain Cement (QCEM) also closed 10% limit up but from just one tiny trade each. Sorouh Real Estate (SOROUH) rose 4.7%, Ras Al Khaimah Properties (RAKPROP) 2.0%, and the other gainers were up less than 2% or on thin trading. Only 2 losers saw trading of more than AED 1m - Methaq Islamic Insurance (METHAQ) and Arkan Building Materials (ARKAN), both down 1.1%. Emirates Telecom (ETISALAT) closed unchanged, and National Bank of Abu Dhabi (NBAD) rose 0.83%.

    Dubai Financial Market and Abu Dhabi Securities Exchange index for 08 December 2010

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

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    best stock rises
    symbol price change
    NBQ 2.31 +0.21 +10%
    QCEM 0.82 +0.07 +9.3%
    ALDAR 2.51 +0.16 +6.8%
    SOROUH 1.78 +0.08 +4.7%
    GCEM 1.58 +0.06 +3.9%
    worst stock falls
    symbol price change
    SUDATEL 2.17 -0.21 -8.8%
    UCC 1.51 -0.11 -6.8%
    SCIDC 0.85 -0.03 -3.4%
    TAKAFUL-EM 0.70 -0.02 -2.8%
    DARTAKAFUL 0.90 -0.02 -2.2%
    top volume
    symbol value (AED) price
    ALDAR195,763,5142.51
    SOROUH79,064,6811.78
    ARTC61,679,0742.11
    EMAAR54,449,8943.77
    DANA37,590,4890.75