Special Features
UAE Financial Market News
05 April 2010. Most UAE stocks fell although Methaq, NBAD, DFM, and UPP were amongst the handful of gainers. On the Nasdaq Dubai at 1500 UAE time, DP World is down 0.57%, and Depa is down 1.3%.Dubai Financial Market
Dubai stocks fell 0.74% to 1837 points from lower turnover of AED 483m with Dubai Financial Market (DFM) the most active stock, up 0.51% to 1.99 from AED 198m worth of trading. Union Properties (UPP) was the only other gainer trading more than AED 1m worth, up 2.0% to 0.51.
Emaar Properties (EMAAR) was the only other company trading more than AED 100m worth, down 0.74% to 4.01 from AED 135m. Air Arabia (AIRARABIA) was the worst of the more active stocks, down 2.1% to 0.94, followed by National General Cooling (TABREED) down 2.0%. The other losers fell less than 2% or on low volumes.
Abu Dhabi Securities Exchange
Abu Dhabi stocks fell 0.83% to 2837 points from turnover of AED 130m with Aldar Properties (ALDAR) the most active stock, down 1.7% to 4.62 from AED 23m worth of trading. Apart from a couple of small trades in Gulf Cement (GCEM), Abu Dhabi Commercial Bank (ADCB) was the worst loser, down 3.7% to 2.05. Emirates Telecom (ETISALAT) fell 2.8% to 10.50, Ras Al Khaimah Properties (RAKPROP) was down 1.8%.
Aabar Energy (AABAR) 1.65%, Dana Gas (DANA) 1.1%, and the other losers were down less than 1% or on low volumes. Methaq Islamic Insurance (METHAQ) was the best of the more active gainers, up 3.5% to 3.01, Arkan Building Materials (ARKAN) rose 3.2%, National Bank of Abu Dhabi (NBAD) was up 2.2%, and the other gainers were up less than 1% or on low volumes.
