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

Sunday, December 12, 2010

UAE markets 12 Dec 2010

UAE market news & discussions for 12 December 2010

UAE stocks rose slightly in Abu Dhabi, but fell in Dubai. On the Nasdaq Dubai, DP World fell 0.67%, and Depa fell 2.78%.

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

    Dubai stocks fell 0.98% to 1676 points from trading worth AED 137m with Arabtec (ARTC) the most active stock, down 2.9% to 2.01 from AED 44m. National General Cooling (TABREED) was the worst loser, falling 4.85% to 1.96, Ektitab Holding (EKTTITAB) fell 3.5%, Drake & Scull (DSI) 3.2%, and the other losers were down less than 3% or on low volumes. There were only two gainers - Gulf General Investment (GGICO) and Dar Takaful Insurance (DARTAKAFUL), both up on thin trading.

    Abu Dhabi Securities Exchange

    Abu Dhabi stocks rose 0.17% to 2766 points from trading worth AED 96m with Aldar Properties (ALDAR) the most active stock, down 2.8% to 2.40 from AED 38m worth of trading. Oman and Emirates Investment Holding (OEIHC) and Gulf Medical Projects (GMPC) closed 10% limit up on a couple of small trades. First Gulf Bank (FGB) was the best of the more active gainers, rising 2.4% to 19.15, Sharjah Islamic Bank (NBS) rose 2.2% on thin trading, and the other gainers were up less than 2%. Fujairah Building Industries (FBICO) and Union Insurance (UNION) closed 10% limit down, Methaq Islamic Insurance (METHAQ) fell 2.6%, and the other losers were down less than 2.5%. Emirates Telecom (ETISALAT) was unchanged, and National Bank of Abu Dhabi (NBAD) rose 0.41%.

    Dubai Financial Market and Abu Dhabi Securities Exchange index for 12 December 2010

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

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    best stock rises
    symbol price change
    OEIHC 0.86 +0.07 +8.9%
    FGB 19.15 +0.45 +2.4%
    NBS 0.90 +0.02 +2.3%
    GMPC 1.98 +0.04 +2.1%
    GGICO 0.50 +0.01 +2%
    worst stock falls
    symbol price change
    FBICO 3.74 -0.41 -9.9%
    UNION 2.01 -0.22 -9.9%
    TABREED 1.96 -0.10 -4.9%
    ALMADINA 0.61 -0.03 -4.7%
    EKTTITAB 0.50 -0.02 -3.8%
    top volume
    symbol value (AED) price
    ARTC43,873,8042.01
    ALDAR38,202,5562.40
    EMAAR32,614,6113.69
    FGB15,927,65819.15
    DSI14,131,6771.00