Special Features
UAE Financial Market News
08 April 2010. UAE stocks ended the week in the red although a handful of stocks in Dubai edged up slightly, including Aramex, Drake & Scull, Du, and Air Arabia, while Union National Bank in Abu Dhabi had a good rise. On the Nasdaq Dubai at 1400 UAE time, DP World is down 0.92%, and Depa and Damas are unchanged.Dubai Financial Market
Dubai stocks fell 1.9% to 1765 points from turnover of AED 354m with Emaar Properties (EMAAR) the only stock trading more than AED 100m worth, down 2.1% to 3.80. Dubai Islamic Bank (DIB) was the worst loser, down 7.8% to 2.35, Dubai Investment Company (DIC) fell 2.7%.
Dubai Financial Market (DFM) 2.6%, and the other losers were down less than 2% or on low trading. Arab International Logistics (ARMX) rose 1.2%, and the other five gainers were up less than 1% or on low trading.
Abu Dhabi Securities Exchange
Abu Dhabi stocks fell 0.74% to 2823 points from turnover of AED 100m, with Aldar Properties (ALDAR) the most active stock, down 3.5% to 4.45 from AED 31m worth of deals. Waha Capital (OILC) was the worst of the more active losers, down 3.8% to 0.76.
Sorouh Real Estate (SOROUH) fell 2.4%, and the other losers were down less than 2% or on low volumes. Only two out of the seven gainers traded more than AED 1m worth: Union National Bank (UNB), up 5.6%, and Dana Gas (DANA), up 1.1%.
