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Top Abu Dhabi SE News

Lacklustre trend continues in market

UAE shares continued their lacklustre performance yesterday as investors took a wait-and-see attitude due to a lack of "earnings surprises". An analyst also says that foreign-ownership limits on blue chips have closed, and that few investors trade during summer. Khaleej Times - 18Jul 07:06GMT
Global concerns bog UAE indices

UAE shares were mixed at the close yesterday, with slender gain registered by Abu Dhabi alongside Dubai's slight loss. The volatility in global stocks continued to weigh on sentiments of investors who remained cautious in their moves, traders said. Gulf News - 18Jul 05:35GMT
Etisalat Board to Distribute Dividends at 25% for 1H '08

Etisalatâ€™s Board confirmed the distribution of mid-year dividends at 25% par value for the first half of 2008. The company recorded net profits of AED 5,117 million - an increase of 37% on 2007 figures (AED 3,732 million - 2007). WAM (Emirates News Agency) - 18Jul 04:36GMT
NBK Capital CEO Talks about Local Stock Markets

Salah Al Fulaij, NBK Capital CEO says there is no direct effect from America's economic crisis on local stock markets but investors are psychologically affected. Al-Arabiya - 16Jul 12:44GMT
UAE: SlB profits rise 58pc to Dh191.8m

Sharjah Islamic Bank (SIB) announced its 1st half 2008 results yesterday with net profit of Dh191.8 million, compared to 121.1 million achieved in the same period last year, achieving a 58 per cent increase. Khaleej Times - 16Jul 07:08GMT

» More Top Abu Dhabi SE News

Strong Fundamentals
The Gulf equities are expected to record good growth in 2008 as a result of strong macro economic fundamentals and better valuations.
ME IPOs Buck Trend
ME investors have shrugged off the bearish outlook on international markets with the value of listings in the region growing in the first half.

Accumulation Mode
We are already at the halfway stage and only 30-odd of the 260 regional funds tracked by Zawya Funds Monitor have posted double-digit returns.
Rating The UAE Terror Risk - The Skeptic
Neither Moody's Investor Services, or Standard & Poor's plan to adjust their sovereign, or corporate ratings in the Emirates, after the U.K. recently placed the Gulf sheikdoms on the same level of risk as Middle East hotspots like Saudi Arabia and Yemen, says DJ's the Skeptic.

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Market Index

Market Movers

Last Value 20Jul 10:05GMT	4,935.39
Change	45.71 ( 0.93%)
Previous Close	4,889.68
Open	4,889.68
Day High - Low	4,938.96 - 4,882.83
Year High - Low	5,148.49 - 3,327.86
YTD Change	8.43%
» More Indices \| Charting \| Exchange Info
Total Market Cap USD	118,183,755,885
Volume	99,439,070
Value Traded USD	178,593,071
Transactions	3,277
Traded / Listed Stocks	37 / 65
Stocks Movement 21 Up - 13 Down - 3 Unchanged

20Jul08 10:05GMT

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Company Ranking

Ranked by Market Cap | No. of Employees | Total revenue

	Company	Country	Market Capital ($mil)
1	Emirates Telecommunications Corporation	UAE	26,770
2	National Bank of Abu Dhabi	UAE	10,924
3	First Gulf Bank	UAE	10,239
4	ALDAR Properties	UAE	7,906
5	Abu Dhabi Commercial Bank	UAE	6,613
» View Full List

Related Information

Lacklustre trend continues in market

Global concerns bog UAE indices

Etisalat Board to Distribute Dividends at 25% for 1H '08

NBK Capital CEO Talks about Local Stock Markets

UAE: SlB profits rise 58pc to Dh191.8m

Stories in Abu Dhabi SE

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