DFM Has No Gainers, All Stocks Declined

The Dubai Financial Market invested nothing in yesterday's trading, the worst, all 25 stocks traded reportedly declined, which estimated to have a negative overall output on the UAE stock markets.

Declining foreign institutional investments, negative sentiments in international markets and the sharp drops in emerging markets also created an overall downturn in UAE stock markets, which is expected to continue throughout summer months.

Despite analysts insisting foreign investments are increasing in local stock markets, Arab and non-Arab institutional investments reached Dh870m as aggregate sell last week. Yesterday's session also witnessed more institutional investors reducing their portfolios on Dubai Financial Market.
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Ajman Bank, etisalat lead in UAE Stocks losers

While Emaar continues to hit the pot in UAE stocks, Ajman Bank and telecomunication's etisalat are likewise leading the way to negative output. The question is: Is UAE stocks start its way to loose its value?

Emaar had the highest turnover valued at Dh113.62 million, but fell 0.91 per cent to Dh10.85. Deyaar slipped 1.93 per cent to Dh2.03.

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Ajman Bank continued its slide for the fifth straight session, losing four per cent to end at Dh2.40. Dubai Islamic Bank's ended down 1.60 per cent to Dh8.02. Emirates NBD's 2.56 per cent rise to Dh12 pushed up the banking sector 0.45 per cent.

In Abu Dhabi, etisalat fell 1.52 per cent to Dh19.50, the biggest decline since June 15. Energy and real estate sectors retreated 3.40 per cent and 1.22 per cent respectively.

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UAE Stocks Advances, Lead by Finance and Properties

The upward trend in UAE stocks, making it advanced for this week trading were led by finance and real estate stocks.

In Abu Dhabi, banking and insurance rose 1.14 per cent and 1.56 per cent respectively. Real estate gained 1.27 per cent, but the energy sector fell 1.05 per cent.

First Gulf Bank jumped 3.09 per cent to Dh25.05. Aldar Properties and Sorouh Real Estate Company rose 2.01 per cent and 0.94 per cent. All three energy firms - Dana Gas, Aabar Energy and Abu Dhabi National Energy Company declined.

"We expect the sector to be undervalued in the near term", said Bill Rogers of Rive Financial.

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UAE Stocks Weak Scenarios

It is indeed an unusual trading trend for UAE, as it is not usually happen to its bourses. In Dubai alone, out of 25 traded stocks, only 11 advanced, 7 remained in its position while a total of 7 declined. Those 7 declined was the saddest part for the Dubai index, which pushes a weak sentiments for UAE traders and investors. Would this weak sentiments not affect UAE economy?

Banks, utilities and real estate stocks climbed to aid Dubai's recovery. Emirates NBD, the largest bank in the Gulf in terms of assets, advanced 2.1 per cent to Dh11.95, Tamweel edged up 1.4 per cent to Dh8 and Amlak was up 0.8 per cent to close at Dh4.90. Emaar, the biggest Arab real estate developer, remained unchanged at Dh11.30. However, Union Properties, after a decline a day before, turned around to post a gain of 0.4 per cent to Dh5.09.

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UAE Stocks Updates

Here's an updated reports of UAE stock and shares markets:

Samba Financial Group, the second-largest bank in the kingdom, gained 6.1 percent to 95.5 riyals.

The Kuwait Stock Exchange Index retreated 0.6 percent, while the Bahrain All Share Index advanced 0.4. Oman's Muscat Securities Market 30 Index dropped 0.4 percent and Qatar's Doha Stock Market lost 0.2 percent.

Doha Bank Ltd. gained 3.9 percent to 84.7 riyals. Qatar's fifth-biggest lender by market value was rated ``overweight'' in new coverage at Morgan Stanley with a price estimate of 111 riyals.

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UAE market Still Strongly Stand

This week, UAE is the best gainer in the worl's market industry. It's records could probably arract more investors to put business here. UAE market is one among the few that firmly stand on its feet despite turmoil in the world's market.




These experts take an architect’s drawings and sketches of a proposed building, from which they create a scale model that then undergoes the ravages of a wind-tunnel testing. This enables wind engineers to measure the stresses and strains a high-rise will undergo several hundred feet from ground level.

Over the past 12 months, the UAE’s skyscraper-building frenzy has seen it surpass the building boom in other, larger countries such as China, Japan and India. And now it is second only to the United States in terms of business for wind engineering firms.

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UAE Stocks Gain For 2 Straight Sessions

UAE stocks have been attracting investors for its positive results for two consecutive sessions. It continued to win back a good gain with more than Dh2.72 billion worth of shares traded. The latest trend for UAE stocks are not only attracting investors' money, it is likewise transforming into more stabe and develop stocks among other countries in the world.




The Dubai Financial Market (DFM) was the heaviest traded stock, advancing 2.12 per cent to Dh5.29.

Emaar Properties, however, fell 0.46 per cent to Dh11.10. The real estate developer announced a decline in its first quarter revenue. Deyaar Development, the real estate arm of Dubai Islamic Bank, retreated as well 1.26 per cent to Dh2.35.

UAE stocks...

On Profit-booking: UAE Markets Drags Down

Dubai stocks dragged into relatively low record due to profit-booking. Generally, UAE stocks decline. Due to this alarming condition of UAE stocks, there are reports that Dubai's Emaar Properties maight also decline.

Dubai Financial Market (DFM), which announced a 231 per cent increase in its first quarter net profit, dropped 0.58 per cent to Dh5.15.

In Abu Dhabi, investors cashed in on the gains made in the past two sessions, especially in the real estate and energy sectors.

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