Cairo, Mar 29, 2010 (ABN Newswire) - Bayan Investment (KUW:BAYANINV) has completed, on the 25th of March 2010, the repayment of the remaining bonds with face value equal to KD10 million of the total face value of the KD20 million bonds issued by the company on the 3rd of February 2005.
Kuwait Commercial Markets Complex (KUW:SHOP) released its financial results for FY09 in which it reported a net loss of KD3.7 million compared to a net profit of KD7.4 million in FY08.
Arab Emirates Investment Bank (DFM:AEIBANK) released its financial results for FY09 in which net profit recorded AED9.8 million compared to AED0.5 million in FY08.
DFM Commentary:
The DFM General Index gained 4.31% (76.2 points) to close at 1845.21 points after trading AED1703 million worth of shares, which left 22 stocks up, 3 down and 3 unchanged. Emaar Properties was the most traded stock capturing AED891 million of the total and gaining 8.82% to AED4.07. DFM followed trading AED324 million rising 7.78% to AED1.94, then Arabtec trading AED204 million advancing 6.91% to AED2.32 and Dubai Islamic Bank trading AED89 million moving 5.53% higher to AED2.67. Drake & Scull Intl. traded AED40 million rising 2.06% to AED0.99, Air Arabia traded AED26 million gaining 0.96% to AED1.05 and Dubai Investments Co. traded AED22 million to close 5.1% higher at AED1.03. Union Properties was next trading AED19 million advancing 1.96% to AED0.52, then Deyaar trading AED17 million up 2.04% to AED0.5 and Du trading AED14 million to end the day 2.47% higher at AED2.9. Other gainers included Aramex rising 0.53% to AED1.89, Islamic Arab Insurance gaining 2.3% to AED0.89, Emirates NBD advancing % to AED3.06 a nd Ajman Bank climbing % to AED0.85. Gulf Finance House was also among the winners rising 3.33% to AED0.93 as was Dubai Islamic Insurance & Reinsurance, climbing 5% to AED0.88.
ADX Commentary:
The AD General Index gained 1.12% (32.13 points) to close at 2903.92 points after trading AED297 million worth of shares, which left 22 stocks up, 5 down and 4 unchanged. Aldar Properties was the most traded stock capturing AED124 million of the total and gaining 5.37% to AED4.37. Sorouh Real Estate followed trading AED36 million rising 6.76% to AED2.41, then Dana Gas trading AED33 million advancing 3.41% to AED0.91 and AD Commercial Bank trading AED30 million moving 5.76% higher to AED2.03.
Aabar Investments traded AED17 million rising 3.14% to AED2.31, Etisalat traded AED15 million gaining 0.4% to AED12.65 and RAK Properties traded AED13 million to close 3.77% higher at AED0.55. First Gulf Bank was next trading AED5 million advancing 0.28% to AED17.5, then AD Islamic Bank trading AED5 million up 2.34% to AED3.07 and National Bank of AD trading AED4 million to end the day 0.43% higher at AED11.7. Other gainers included Union National Bank rising 5.78% to AED3.4, Waha Capital gaining 1.1% to AED0.93, RAK Cement Co. advancing 1.04% to AED0.98 and Bank of Sharjah climbing 0.57% to AED1.8. AD National Energy Co. was also among the winners rising 0.8% to AED1.25 as was Methaq Takaful, climbing 3.79% to AED2.7.
See Attached Research Report issued 28th March, 2010:
http://www.abnnewswire.net/media/en/docs/62529-PrimeGroupResearch28-03-2010.pdf
Kuwait Commercial Markets Complex (KUW:SHOP) released its financial results for FY09 in which it reported a net loss of KD3.7 million compared to a net profit of KD7.4 million in FY08.
Arab Emirates Investment Bank (DFM:AEIBANK) released its financial results for FY09 in which net profit recorded AED9.8 million compared to AED0.5 million in FY08.
DFM Commentary:
The DFM General Index gained 4.31% (76.2 points) to close at 1845.21 points after trading AED1703 million worth of shares, which left 22 stocks up, 3 down and 3 unchanged. Emaar Properties was the most traded stock capturing AED891 million of the total and gaining 8.82% to AED4.07. DFM followed trading AED324 million rising 7.78% to AED1.94, then Arabtec trading AED204 million advancing 6.91% to AED2.32 and Dubai Islamic Bank trading AED89 million moving 5.53% higher to AED2.67. Drake & Scull Intl. traded AED40 million rising 2.06% to AED0.99, Air Arabia traded AED26 million gaining 0.96% to AED1.05 and Dubai Investments Co. traded AED22 million to close 5.1% higher at AED1.03. Union Properties was next trading AED19 million advancing 1.96% to AED0.52, then Deyaar trading AED17 million up 2.04% to AED0.5 and Du trading AED14 million to end the day 2.47% higher at AED2.9. Other gainers included Aramex rising 0.53% to AED1.89, Islamic Arab Insurance gaining 2.3% to AED0.89, Emirates NBD advancing % to AED3.06 a nd Ajman Bank climbing % to AED0.85. Gulf Finance House was also among the winners rising 3.33% to AED0.93 as was Dubai Islamic Insurance & Reinsurance, climbing 5% to AED0.88.
ADX Commentary:
The AD General Index gained 1.12% (32.13 points) to close at 2903.92 points after trading AED297 million worth of shares, which left 22 stocks up, 5 down and 4 unchanged. Aldar Properties was the most traded stock capturing AED124 million of the total and gaining 5.37% to AED4.37. Sorouh Real Estate followed trading AED36 million rising 6.76% to AED2.41, then Dana Gas trading AED33 million advancing 3.41% to AED0.91 and AD Commercial Bank trading AED30 million moving 5.76% higher to AED2.03.
Aabar Investments traded AED17 million rising 3.14% to AED2.31, Etisalat traded AED15 million gaining 0.4% to AED12.65 and RAK Properties traded AED13 million to close 3.77% higher at AED0.55. First Gulf Bank was next trading AED5 million advancing 0.28% to AED17.5, then AD Islamic Bank trading AED5 million up 2.34% to AED3.07 and National Bank of AD trading AED4 million to end the day 0.43% higher at AED11.7. Other gainers included Union National Bank rising 5.78% to AED3.4, Waha Capital gaining 1.1% to AED0.93, RAK Cement Co. advancing 1.04% to AED0.98 and Bank of Sharjah climbing 0.57% to AED1.8. AD National Energy Co. was also among the winners rising 0.8% to AED1.25 as was Methaq Takaful, climbing 3.79% to AED2.7.
See Attached Research Report issued 28th March, 2010:
http://www.abnnewswire.net/media/en/docs/62529-PrimeGroupResearch28-03-2010.pdf
| Tweet |
About Prime Holding
Over a period of 17 years, Prime has expanded locally and regionally with offices operating in the UAE and Qatar offering premier quality financial services to governmental bodies and corporations in addition to institutional and high net worth individuals. Each company within the Group shares the same vision as well as being steered towards accomplishing a common set of objectives; and that is to provide all market segments with professional and superior standards of different investment strategies thus assisting customers in realizing their highest investment potential.
|
||
|
 |
Related Companies |
>>> Arab Emirates Investment Bank PJSC >>> Bayan Investment Company KSCC >>> Kuwait Commercial Markets Complex Company KSC >>>    Prime Holding |
| |
Related Industry Topics: |
Investment Banking | Credit & Misc. Finance | Consumers General | Financial General | Real Estate General | |
| |
This Page Viewed: (Last 7 Days: 10) (Last 30 Days: 80) (Since Published: 9350) |
Events & Exhibitions
|
Site Search
| ENGLISH All Languages |
Upcoming WebCasts
 | Mr Mark Paton CEO Cue Energy Resources Tuesday, June 12, 2012 |
 | Mr Alan Hopkins CEO Pan Asia Corporation Tuesday, June 12, 2012 |
 | Mr Barry Dawes Martin Place Securities Tuesday, June 12, 2012 |
 | Dr Andrea Grant CEO Living Cell Technologies Monday, July 02, 2012 |
Companies in the News
Mobile Video TV
|
||
|
||
){kind=link}