Special Features
UAE Financial Markets News
30 September 2009. On the Nasdaq Dubai at 1500 UAE time, DP World is up 2.8%, Depa is up 2.6%, Damas is up 8.1%, Citigold is up 18.5% from just 2 trades, and a couple of derivatives have traded, unchanged or in the green. The ADX was almost unchanged with a 0.07% fall to 3124 points from turnover of AED 455m. The DFM was up 1.3% to 2191 points from turnover of AED 847m.Dubai Financial Market
Emaar Properties (EMAAR) was the most active stock in Dubai with AED 191m worth of trading and a 2.5% rise to 4.05. Dubai Financial Market (DFM), up 1.3%, and Drake & Scull (DSI), up 4%, both traded a little over AED 100m each. DSI was the top gainer of the more active stocks. Emirates Integrated Telecommunications (DU) rose 3.9%, Arab International Logistics (ARMX) was up 2.3%, Arabtec (ARTC) 2.1%, National General Cooling (TABREED) and Union Properties (UPP) up 2.0%, and the remaining gainers up less than 2% or on low volumes.
There were 7 losers with only Dubai Islamic Bank (DIB), down 0.32%, and Shuaa Capital (SHUAA), down 1.5%, trading more than AED 1m worth.
Abu Dhabi Securities Exchange
Aldar Properties (ALDAR) was the most active Abu Dhabi stock with AED 133m worth of deals and a 1.2% rise to 6.13. Sorouh Real Estate (SOROUH), rising 1.5%, was the best of the more active gainers. Ras Al Khaimah Properties (RAKPROP), up 1.2%, and Emirates Telecom (ETISALAT) up 0.83%, were the only other gainers rising on more than AED 1m worth of trading. Abu Dhabi National Hotels (ADNH) was the worst loser on more than AED 1m worth of deals, falling 2.6%. Sharjah Islamic Bank (NBS) was down 1.7%,
Arkan Building Materials (ARKAN), Green Crescent Insurance (GCIC), and First Gulf Bank (FGB) all fell 1.5%, and the remaining losers fell less than 1.5% or on low volumes.
