Special Features
UAE Financial Markets News
12 October 2009. The DFM rose 0.73% to 2342 points from turnover of AED 1.2 billion. On the Nasdaq Dubai at 1445 UAE time, DP World is up 0.92%, Depa is unchanged, and several derivatives have seen one or two trades each. The ADX fell 0.40% to 3218 points from turnover of AED 348m.Dubai Financial Market
Emaar Properties (EMAAR) was the most active stock in Dubai with AED 467m worth of deals, and one of only two stocks trading more than AED 100m as it rose 2.85% to 4.69. Dubai Financial Market (DFM) rose 3.5% to 2.65 from AED 219m worth of deals, and was the best of the more actively traded stocks. Gulf Finance House (GFH) was 15% limit up at 2.31 with turnover only just over than AED 1m. Arabtec (ARTC) was up 1.7% and the other gainers were up less than 1% or on low volumes.
Dubai Islamic Insurance (AMAN) was the worst of the more active stocks, falling 2.1% to 1.40. Shuaa Capital (SHUAA) fell 1.4%, and the other losers were down less than 1% or on low volumes.
Abu Dhabi Securities Exchange
None of the Abu Dhabi stocks traded more than AED 100m today. Aldar Properties (ALDAR) was the most active with AED 72m worth of deals, and fell 0.62% to 6.39. Green Crescent Insurance (GCIC) was the best of the more actively traded companies and rose 3.8% to 1.37, Methaq Islamic Insurance (METHAQ) was up 2.0%, NBAD 1.1%, Waha Capital (OILC) 0.94%, and the other gainers rose on turnover of less than AED 1m.
Umm Al Quwain Cement (QCEM) was the worst of the stocks trading more than AED 1m, falling 3.4% to 0.85, Abu Dhabi Commercial Bank (ADCB) also fell 3.4%, Dana Gas (DANA) 1.6%, Sorouh Real Estate (SOROUH) and Aabar Energy (AABAR) 1.5%, and the remaining stocks were down less than 1.5% or on low volumes.
