UAE
November 17, 2009
Prime Morning Notes
Prime Research 1
Today’s Headlines
Aabar Investments (AABAR.
AD) and Daimler AG are set to acquire a majority shareholding in Brawn GP, winner of the 2009 Formula 1 constructors’ and drivers’ championships.
On
the...
More
UAE
November 17, 2009
Prime Morning Notes
Prime Research 1
Today’s Headlines
Aabar Investments (AABAR.
AD) and Daimler AG are set to acquire a majority shareholding in Brawn GP, winner of the 2009 Formula 1 constructors’ and drivers’ championships.
On
the other hand, Aabar Investments wants to raise its stake in Daimler AG to 15% from
9.
1%, the fund’s chairman said.
Kuwait Finance and Investment Company (KFIC.
DU) released its financial results for
9M09 in which it reported a net loss of KWD2.
5 million compared to a net profit of KWD8
million in 9M08.
Tables Sources: DFM, ADX, ESM, Reuters, Prime Estimates
The DFM General Index gained 1.
59% (34.
39 points) to close at 2,198.
5 points after
trading AED496 million worth of shares, which left 17 stocks up, 6 down and 4 unchanged.
Emaar Properties was the most traded stock capturing AED283 million of the
total gaining 2.
94% to AED4.
55.
DFM followed trading AED56 million rising 2.
18% to
AED2.
34, then Arabtec trading AED43 millio
Less
