23/10/2018 08:31 AST

UAE indices traded ranged on Monday even as traders eyed the third quarter results to September. The Dubai Financial Market General Index 0.44 per cent higher at 2,747.39. Traded value stood at Dh291 million.

Emaar Properties closed 1.22 per cent higher at Dh4.99. “Emaar Properties may target Dh5.38 and higher in the short term,” First Abu Dhabi Bank Securities (FABS) said in a note. FABS had a technical buy on Emaar at Dh5 on Monday. Emaar Properties saw a total volume of 7 million shares, which was higher than the average traded volume of last seven days. “Emaar is showing no intention to break beyond its resistance area as investors await news on whether the holding company will pass on its soon to be received dividend from its subsidiary, Emaar Developments,” Essam Kassabieh, senior analyst with Menacorp said.

Gulf Navigation saw a total volume of 68 million shares, the highest level since January 2017. Gulf Navigation closed 3.85 per cent higher at Dh1.08. The Abu Dhabi Securities Exchange general index closed 0.27 per cent higher at 4,956.19. Etisalat reclaimed recent highs and closed at Dh16.80, up 0.60 per cent. First Abu Dhabi Bank closed 0.16 per cent higher at Dh14.62.

In other stocks, Agthia closed 5.56 per cent higher at Dh3.99.

Traders will eye more third quarter results, which is considered as a weak quarter. “Abu Dhabi’s banking sector is expected to have reported in full by end of next week which would pave the way for other sectors to come forth, with investors looking out to insurance companies such as Salama in Dubai which had seen the Abu Dhabi Financial Group grab a stake in this quarter,” Kassabieh said.

Elsewhere in the Gulf, the Muscat MSM 30 index closed 0.04 per cent higher at 4,454.75, while the Qatar exchange index closed 1.18 per cent higher at 10,274.45.


Gulf News

Ticker Price Volume
QNBK 198.00 230,244
APPC 54.80 134,767
WALAA 24.58 108,648
SORAYAI 13.78 1,581,986
CATERING 86.70 124,180
EMIRATESNBD 9.20 2,098,460
MAADEN 56.00 507,789

ADX 4,985.29 2.67 (0.05%)

Market
Dividend Yield (%)
P/E
Price/BookValue
Performance
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Index vs...
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg
Ticker Price Change
ADIB 4.22 0.05 (1.19%)
FAB 14.60 0.00 (0.00%)
ADCB 8.44 -0.01 (-0.12%)
CBI 0.87 0.00 (0.00%)
UNB 4.86 -0.02 (-0.41%)

DFM 2,516.81 16.05 (0.64%)

Market
Dividend Yield (%)
P/E
Price/BookValue
Performance
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Index vs...
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg
Ticker Price Change
EIB 9.99 0.00 (0.00%)
EMIRATESNBD 9.20 0.10 (1.09%)
EMAAR 4.00 0.05 (1.26%)
DIB 5.10 0.00 (0.00%)
DU 5.06 0.01 (0.19%)
Oman's share index ends higher marginally

27/12/2018

The MSM30 index ended higher by 0.31 per cent to close at 4,326.15 points. MSM Sharia Index closed at 587.74 points, up by 0.05 per cent. National Finance was the most active in terms of volume and i

Times of Oman

Oman's share index ends higher marginally

27/12/2018

The MSM30 index ended higher by 0.31 per cent to close at 4,326.15 points. MSM Sharia Index closed at 587.74 points, up by 0.05 per cent. National Finance was the most active in terms of volume and i

Times of Oman

Dubai’s penny stocks see mild traction

27/12/2018

Small stocks, those whose prices are below Dh1, witnessed buying in the last hour of trade in Dubai, led by a Gulf Finance House (GFH) recovery after traders saw positive movement in US futures.

Gulf News

Oman's share index ends marginally higher

25/12/2018

The MSM30 index ended marginally higher by 0.22 per cent to close at 4,345.88 points. MSM Sharia Index closed at 591.80 points, down by 0.29 per cent. Bank Muscat was the most active in terms of volu

Times of Oman

UAE banks shares hold up even as real estate take a dive

25/12/2018

Banking stocks listed on the UAE bourses have been untouched by the recent sell-off that adversely impacted real estate shares. They are still holding up because of expectations that further Fed rate

Gulf News