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

Wednesday, August 26, 2009

UAE markets 26 Aug 2009

UAE market news & discussions for 26 August 2009

UAE stocks were solidly in the green today with the ADX up 1.15% to 2856 points from AED 324m of turnover and the DFM up 1.35% to 1873 points from AED 473m of turnover. On the Nasdaq Dubai at 16:15 UAE time, DP World is up 6.7%, Depa is unchanged, Damas is down 3.5%, and there has been one small trade in Arabtec derivatives, price unchanged.

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

    Dubai Financial Market

    Emaar Properties (EMAAR) was at the top of the traded value list with AED 170m worth and a 3.5% rise to 3.24. Arabtec (ARTC) was the only other stock trading more than AED 100m worth and rose 3.55% to 2.92 from AED 146m worth of deals. Both stocks were also near the top of the gainers list. The rarely traded Gulfa Mineral Water (GULFA) was the best gainer with a 5% limit up rise from just one small deal. Emarat Takaful Insurance (TAKAFUL-EM) was the best of the more active gainers, rising 3.7% to 1.70. Dubai Investment Company (DIC) rose 3.4%, Gulf Navigation (GULFNAV) 2.8%, Shuaa Capital (SHUAA) 2.7%, Drake & Scull (DSI) 2.3%, Air Arabia (AIRARABIA) 2.1%, and the remaining gainers were up less than 2%. There were 5 losers today, all falling between 1% and 2%, including Emirates NBD (ENBD) down 1.1% on low volumes, and as usual, distorting the overall index. Emirates Integrated Telecommunications (DU) was the only loser on turnover of more than AED 1m, also falling 1.1%.

    Abu Dhabi Securities Exchange

    Aldar Properties (ALDAR) was the most active stock in Abu Dhabi, rising AED 3.5% to 4.75 from AED 84m worth of shares. Agthia Group (AGTHIA) was the top actively traded gainer, up 4.15% to 1.98, although there were another 6 stocks rising by higher amounts from low volumes including Foodco Holding (FOODCO), Emirates Driving Company (DRIVE), and National Bank Of Ras Al Khaimah (RAKBANK) all closing 10% limit up. To put it into perspective a bit though, 3 of the top gainers rose from single trades of just 50 or 100 shares (Emaar traded over 50 million shares today). Other gainers included Abu Dhabi National Hotels (ADNH) up 4.1% from a single trade, Ras Al Khaimah Cement (RAKCC) up 3.9%, Green Crescent Insurance (GCIC) up 3.8%, Sorouh Real Estate (SOROUH) up 3.0%, and the remainder up less than 3%, including National Bank of Abu Dhabi (NBAD) up 1.9% and Emirates Telecom (ETISALAT) up 1.5%. Arkan Building Materials (ARKAN) plummeted 10% limit down to 3.42, making it the worst loser, no doubt affected by the news that gifted shares had been unlocked. There were 6 other losers, with only Methaq Islamic Insurance (METHAQ) (-0.19%) and Union National Bank (UNB) (-3.3%) trading more than AED 1m worth of shares.

  • Dubai Financial Market and Abu Dhabi Securities Exchange index for 26 August 2009

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

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    ixtira Thu 20 Aug 2009 18:23
    Limit Up Down DFM
    sunray Wed 19 Aug 2009 15:45
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    spin Mon 17 Aug 2009 08:28
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    sharewadi Sun 16 Aug 2009 10:45
    best stock rises
    symbol price change
    DRIVE 4.51 +0.41 +10%
    FOODCO 2.31 +0.21 +10%
    RAKBANK 4.19 +0.38 +10%
    ASMAK 20.00 +1.65 +9%
    GMPC 3.20 +0.25 +8.5%
    worst stock falls
    symbol price change
    ARKAN 3.44 -0.36 -9.5%
    ADAVIATION 2.75 -0.25 -8.3%
    SALAM_BAH 1.06 -0.02 -1.9%
    INVESTB 1.62 -0.03 -1.8%
    GGICO 1.70 -0.03 -1.7%
    top volume
    symbol value (AED) price
    EMAAR 170,390,406 3.24
    ARTC 146,460,860 2.92
    ALDAR 84,020,545 4.75
    SOROUH 54,886,326 3.08
    DFM 45,119,596 1.81

    Tuesday, August 25, 2009

    UAE markets 25 Aug 2009

    UAE market news & discussions for 25 August 2009

    The UAE markets were relatively flat today with the ADX down just 0.21% to 2823 points from AED 202m of turnover, and the DFM almost unchanged with a 0.07% rise to 1848 points and just AED 227m worth of trading. On the Nasdaq Dubai at 15:15 UAE time, Depa is a suprise in the number one spot for turnover with US$1.5m worth of deals. DP World has seen less than US$1m, both stocks unchanged and both trading about 2.5m shares so far.

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

    Emaar Properties (EMAAR) was the most active stock in Dubai but didn't crack AED 100m worth today with AED 80m of turnover, and falling 0.63% to 3.13. Dar Takaful Insurance (DARTAKAFUL) was the top gainer, up 2.1% to 2.47, Emirates NBD (ENBD) rose 1.9% from one small trade, Arabtec (ARTC), National General Cooling (TABREED), and Union Properties (UPP) rose over 1%, and the ramining gainers were up less than 1% or on low volumes. Seven stocks closed unchanged, and 10 fell including Shuaa Capital (SHUAA) down 4.5%, the worst loser of the day, Deyaar Development (DEYAAR) and Gulf Navigation (GULFNAV) down 1.4%, Drake & Scull (DSI) and Air Arabia (AIRARABIA) just over 1%, and the others less than 1% or on low volumes.

    Abu Dhabi Securities Exchange

    Sorouh Real Estate (SOROUH) was the most active stock in Abu Dhabi, falling 0.66% to 3.05 from AED 55m worth of deals. International Fish Farming (ASMAK) was 10% limit up from low volumes, Agthia Group (AGTHIA) up 4.9% was the best of the more actively traded gainers, Ras Al Khaimah Cement (RAKCC) rose 2.4%, Aldar Properties (ALDAR) 1.8%, and the remainder up less than 1.5% or from low trading. Arkan Building Materials (ARKAN) was the worst loser, falling 3.1% but from less than AED 1m worth of deals. Methaq Islamic Insurance (METHAQ) was also suffering from lack of interest and fell 2.55%, Ras Al Khaimah Properties (RAKPROP) was down 1.4%, Waha Capital (OILC) and Abu Dhabi National Energy (TAQA) 1.2%, Abu Dhabi Commercial Bank (ADCB) and Aabar Energy (AABAR) just over 1%, and the rest down by less than 1%.

    Dubai Financial Market and Abu Dhabi Securities Exchange index for 25 August 2009

    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
    Gulf Navigation for new investor
    indigo Tue 25 Aug 2009 14:20
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    kia74my Tue 25 Aug 2009 05:28
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    thajuddeen Mon 24 Aug 2009 22:13
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    ixtira Thu 20 Aug 2009 18:23
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    sunray Wed 19 Aug 2009 15:45
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    spin Mon 17 Aug 2009 08:28
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    sharewadi Sun 16 Aug 2009 10:38
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    best stock rises
    symbol price change
    ASMAK 18.35 +1.65 +9.9%
    RAKWCT 1.01 +0.05 +5.2%
    AGTHIA 1.93 +0.09 +4.9%
    RAKCC 1.27 +0.03 +2.4%
    DARTAKAFUL 2.47 +0.05 +2.1%
    worst stock falls
    symbol price change
    SHUAA 1.48 -0.07 -4.5%
    ALFIRDOUS 0.86 -0.04 -4.4%
    ARKAN 3.80 -0.12 -3.1%
    METHAQ 5.35 -0.14 -2.6%
    AMAN 1.22 -0.02 -1.6%
    top volume
    symbol value (AED) price
    EMAAR79,926,5463.13
    SOROUH54,676,1102.99
    ARTC36,322,1322.82
    ALDAR35,710,9854.59
    ASNIC25,480,0004.55

    Monday, August 24, 2009

    UAE markets 24 Aug 2009

    UAE market news & discussions for 24 August 2009

    The ADX rose slightly, by 0.13% to 2830 points from relatively low turnover of AED 232m. The DFM fell 0.6% to 1847 points from turnover of AED 305m. On the Nasdaq Dubai at 1445 UAE time, DP World is up 3.7%, Depa is unchanged, GOLD is up 0.85%, and a DIB derivative trade is up 1.8%.

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

    Emaar Properties (EMAAR) was the most active stock in Dubai with AED 139m worth of deals, and closed unchanged at 3.15. Shuaa Capital (SHUAA) was the best of only 4 gainers, rising just 1.3% to 1.55 from low volumes. Islamic Arab Insurance (IAIC), Dubai Islamic Insurance (AMAN), and Arabtec (ARTC) were the other gainers, all rising less than 1%. Drake & Scull (DSI), Deyaar Development (DEYAAR), and Ajman Islamic Bank (AJMANBANK) joined Emaar in the list of 7 stocks closing unchanged. Gulf Navigation (GULFNAV) was the worst of the more active losers, falling 2.7% to 0.72. Dar Takaful Insurance (DARTAKAFUL), Emirates NBD (ENBD), and Dubai Islamic Bank (DIB) all fell 1.6%, Emarat Takaful Insurance (TAKAFUL-EM) and Arab International Logistics (ARMX) fell 1.2%, National General Cooling (TABREED), Union Properties (UPP), and Emirates Integrated Telecommunications (DU) fell 1.1%, Air Arabia (AIRARABIA) fell 1.0%, and the remaining gainers fell less than 1% or on low volumes.

    Abu Dhabi Securities Exchange

    Aabar Energy (AABAR) was the most active stock in Abu Dhabi with AED 59m worth of deals, rising 1.8% to 2.77. Green Crescent Insurance (GCIC) was the best gainer of the mroe active stocks, up 3.15% to 1.3. Gulf Medical Projects (GMPC) rose 5.4% from just one tiny trade. Agthia Group (AGTHIA) was up 1.7%, Aldar Properties (ALDAR) 1.6%, National Marine Dredging (NMDC) and Bank of Sharjah (BOS) 1.0%, and the remaining gainers were up less than 1%. Union Insurance (UNION) was unchanged with one massive trade of 10m shares, Sorouh Real Estate (SOROUH) and Dana Gas (DANA) were also unchanged. Ras Al Khaimah Properties (RAKPROP) was the worst loser on active trading, falling 1.4%, Waha Capital (OILC) fell 1.2%, National Bank of Abu Dhabi (NBAD) 1.1%, Abu Dhabi Commercial Bank (ADCB) 1.0%, and the remainder fell less than 1% or on low volumes. Emirates Telecom (ETISALAT) rose 0.49% to 10.30.

    Dubai Financial Market and Abu Dhabi Securities Exchange index for 24 August 2009

    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
    Marketwatch August 2009 DFM ADX
    sunray Mon 24 Aug 2009 13:29
    Oil Support at 70$?
    indigo Mon 24 Aug 2009 11:16
    Focus on yourself
    sharewadi Mon 24 Aug 2009 10:48
    UPP Debt Plan
    OnlineTrader Mon 24 Aug 2009 10:13
    Gulf Navigation for new investor
    thajuddeen Mon 24 Aug 2009 09:32
    Aramex share price - theory
    thajuddeen Sun 23 Aug 2009 23:28
    "Suckers Rally" or the road to recovery
    thajuddeen Sun 23 Aug 2009 22:44
    Finance & Portfolio Manager job wanted
    Prop Sat 22 Aug 2009 23:12
    Best Trading Software
    sam111sam Sat 22 Aug 2009 21:02
    Dubai Holding merges subsidiaries
    OnlineTrader Sat 22 Aug 2009 15:27
    DRC 2009Q2 profit up 84%
    ixtira Thu 20 Aug 2009 18:23
    UPP buy or sell?
    thajuddeen Wed 19 Aug 2009 20:20
    Limit Up Down DFM
    sunray Wed 19 Aug 2009 15:45
    Emaar cash flow tight?
    spin Mon 17 Aug 2009 08:28
    Metito IPO
    sharewadi Sun 16 Aug 2009 10:45
    Dana 2009Q2 profit Dh392 +1100%
    sharewadi Sun 16 Aug 2009 10:38
    DFM ADX manipulation
    Hamza Sat 15 Aug 2009 18:24
    best stock rises
    symbol price change
    GMPC 2.95 +0.15 +5.4%
    GCIC 1.31 +0.04 +3.1%
    AABAR 2.78 +0.05 +1.8%
    AGTHIA 1.84 +0.03 +1.7%
    ALDAR 4.51 +0.07 +1.6%
    worst stock falls
    symbol price change
    ALSALAMSUDAN 2.44 -0.13 -5.1%
    RAKWCT 0.96 -0.04 -4%
    GCEM 2.63 -0.10 -3.7%
    GLOBAL 1.60 -0.05 -3%
    GULFNAV 0.72 -0.02 -2.7%
    top volume
    symbol value (AED) price
    EMAAR138,713,7723.15
    AABAR58,850,5392.78
    ALDAR49,809,3464.51
    ARTC36,674,9402.78
    UNION34,200,0003.42