Special Features
UAE Financial Market News
01 April 2010. Abu Dhabi stocks fell, dragged down by decreases in Etisalat and NBAD, while Dubai stocks were up. On the Nasdaq Dubai at 1430 UAE time, DP World is up 1.2%, and Depa is up 4.2%.Dubai Financial Market
Dubai stocks rose 0.89% to 1860 points from turnover of AED 615m with Emaar Properties (EMAAR) the most active stock, up 2.0% to 4.08 from AED 234m worth. Arabtec (ARTC) was the only other stock trading more than AED 100m worth, up 1.1% to 2.74. Shuaa Capital (SHUAA) was the top gainer, up 4.8% to 1.52, although on thin volumes, Dubai Islamic Bank (DIB) rose 4.0%, Drake & Scull (DSI) was up 3.1%.
Dubai Investment Company (DIC) 2.9%, and the other gainers were up less than 2.5% or on low volumes. Emirates NBD (ENBD) was the worst loser, down 3.25% to 2.98, and Air Arabia (AIRARABIA) was the only other loser trading more than AED 1m worth, down 2.0% to 0.96.
Abu Dhabi Securities Exchange
Abu Dhabi stocks fell 1.7% to 2860 points from AED 128m worth of turnover with Aldar Properties (ALDAR) the most active stock, down 1.1% to 4.60 from AED 35m worth of trading. Emirates Telecom (ETISALAT) was the worst of the more active losers, down 4.5% to 10.90, followed by National Bank of Abu Dhabi (NBAD), down 3.75% to 11.55.
The other losers were down less than 1% or on low volumes. Agthia Group (AGTHIA) was the top gainer, up 5.8% to 2.03, Aabar Energy (AABAR) rose 2.6%, and the other gainers rose less than 2% or on trading of less than AED 1m.
