Special Features

UAE Financial Market News

07 December 2010. Stocks rose in Dubai with Arabtec leading the way again, but fell in Abu Dhabi, with unusually high volumes and limit down trading in National Bank of Umm Al Quwain shares. On the Nasdaq Dubai, DP World fell 0.66%.

Dubai Financial Market

Dubai stocks rose 0.61% to 1717 points from trading worth AED 354m with Arabtec (ARTC) the only stock trading more than AED 100m, up 4.4% to 2.12 from AED 133m. Al Salam Bank Sudan (ALSALAMSUDAN) rose 14% from one small trade, Ektitab Holding (EKTTITAB) was up 6.0%, Drake & Scull (DSI) 2.9%.

Deyaar Development (DEYAAR) 2.3%, and the other gainers were up less than 2%. Dubai Insurance (DIN) was the worst of the more active losers, down 2.2% to 2.20, Emirates NBD (ENBD) also fell 2.2% but on low volumes, and the other losers fell less than 2%, except for Al Salam Bank (SALAM_BAH), down 2.6% on thin trading.

Abu Dhabi Securities Exchange

Abu Dhabi stocks fell 0.34% to 2740 points from AED 114m worth of trading with National Bank of Umm Al Quwain (NBQ) the most active stock, and the worst loser, 10% limit down to 2.09 from AED 28m with no buyers in the queue. Ras Al Khaimah Poultry (RAPCO) fell 6.7% on low volumes, Ras Al Khaimah Cement (RAKCC) fell 2.2%.

National Bank of Abu Dhabi (NBAD) was down 1.6%, Emirates Telecom (ETISALAT) 0.46%, Arkan Building Materials (ARKAN) 1.05%, and Methaq Islamic Insurance (METHAQ) 0.73%. Waha Capital (OILC) was the best of the more active gainers, rising 2.6% to 0.80, Ras Al Khaimah Properties (RAKPROP) rose 2.1%, and the other gainers were up less than 2% 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