Special Features

UAE Financial Market News

07 November 2010. Stocks rose in Abu Dhabi but fell in Dubai with sharp falls for Arabtec and Deyaar. On the Nasdaq Dubai, DP World fell 0.82%, Depa was unchanged, and DGS fell 0.57%.

Dubai Financial Market

Dubai stocks fell 0.92% to 1722 points from trading worth AED 262m with Arabtec (ARTC) the most active stock, down 5.1% to 2.04 from AED 78m. Emaar Properties (EMAAR) was in second spot on turnover, unchanged at 3.74 from AED 66m. Deyaar Development (DEYAAR) was the worst loser, down 7.8% to 0.31, Al Salam Bank Sudan (ALSALAMSUDAN) fell 5.35% on thin trading.

Dubai Islamic Bank (DIB) fell 3.8%, Dubai Financial Market (DFM) 3.5%, Emarat Takaful Insurance (TAKAFUL-EM) 3.4%, and the other losers were down less than 3%. Al Madina Finance (ALMADINA) was the best of the more active gainers, up 2.3% to 0.75, and the other gainers were up less than 1% or on thin trading.

Abu Dhabi Securities Exchange

Abu Dhabi stocks rose 0.72% to 2770 points from trading worth AED 197m with Aldar Properties (ALDAR) the most active stock, up 0.43% to 2.26 from AED 34m. Foodco Holding (FOODCO) stood out with a single trade of 10m shares, down 0.63% to 3.12, and there was also a large single trade of 3m shares for Finance House (FH), up 0.22% to 4.60. Four stocks closed 10% limit up - Al Wathba National Insurance (AWNIC) from one small trade, Methaq Islamic Insurance (METHAQ), Arkan Building Materials (ARKAN), and Green Crescent Insurance (GCIC).

Ras Al Khaimah Cement (RAKCC) rose 6.6%, First Gulf Bank (FGB) 3.85%, Sharjah Islamic Bank (NBS) 3.3%, Ras Al Khaimah Properties (RAKPROP) and National Bank of Abu Dhabi (NBAD) 2.1%, and the other gainers were up less than 2%. Agthia Group (AGTHIA) was the worst of the more active losers, down 2.3%, Sorouh Real Estate (SOROUH) fell 1.2%, and the other losers were down less than 1% or on thin trading.

View Special Features by Category
Airlines & Airports
Art & Gallery
Banks & Financial sector
Car Industry
Dubai Government
Dubai Metro
Education & Institutions
Events & Occassions
Exhibition Center
Family Shows
Food & Beverages
Free Zones
Golf Clubs
Government Departments
Health & Fitness
History & Culture
Hospitals & Clinics
Hotels & Hospitality
Identity cards
Internet Services
Media & News
Online Food Service
Online Store
Other Emirates
Parks & Beaches
Precious Metals
Real Estate & Property
Religion & Culture
Resorts & Clubs
Shopping Malls
Special Centres, Groups & Communities
Sports & Events
Sports Bars
Things To Do
Trade Fair
Travel & Leisure
UAE Market News
VIP Services
Wedding Planners

Back to top

We accept guest posts. Contact us now!
Interesting Links

Bayzat - Health Insurance UAE
Corporate Gifts
Middle East News