Special Features
UAE Financial Market News
21 April 2010. NBAD in Abu Dhabi helped keep the index in the green there but most stocks were in the red today. On the Nasdaq Dubai at 1430 UAE time, DP World is up 3.7%, and Depa and Damas are unchanged.Dubai Financial Market
Dubai stocks fell 0.80% to 1731 points from turnover of AED 278m with Emaar Properties (EMAAR) the only stock trading more than AED 100m worth, down 0.78% to 3.83 from AED 101m. Deyaar Development (DEYAAR) was the worst loser, down 5.0% to 0.42, Emirates Integrated Telecommunications (DU) fell 3.1%, Dubai Financial Market (DFM) 2.7%.
Arabtec (ARTC) 2.0%, and the other losers were down less than 2% or on low volumes. Air Arabia (AIRARABIA) was the best of the more active gainers, up 2.9% to 0.92, Gulf Finance House (GFH) rose 2.5%, and the other gainers were up less than 1% or on low volumes.
Abu Dhabi Securities Exchange
Abu Dhabi stocks rose 0.54% to 2820 points from turnover of just AED 70m with Aldar Properties (ALDAR) the most active stock and the only one trading more than AED 10m worth, up 0.48% to 4.18 from AED 31m. Union National Bank (UNB) was the best of the more active gainers, up 6.1% to 3.29, National Bank of Abu Dhabi (NBAD) rose 3.0%.
Aabar Energy (AABAR) 2.7%, and the other gainers were up less than 2% or on low volumes. There were only three losers trading more than AED 1m worth, Ras Al Khaimah Cement (RAKCC) down 1.0%, Abu Dhabi National Energy (TAQA) down 0.80%, and Sorouh Real Estate (SOROUH) down 0.41%.
