Special Features
UAE Financial Market News
25 April 2010. UAE stocks rose slightly led by relatively heavy trading in Emaar shares. On the Nasdaq Dubai at 1515 UAE time, DP World is the only stock traded so far, down 2.2% to $0.528.Dubai Financial Market
Dubai stocks rose 0.82% to 1769 points from turnover of AED 565m with Emaar Properties (EMAAR) the only stock trading more than AED 100m worth, up 2.5% to 4.04 from AED 359m. HITS Telecom was the top gainer, up 4.6% to 1.14.
Arab International Logistics (ARMX) rose 3.55%, and the other gainers were up less than 2% or on low volumes. Gulf Navigation (GULFNAV) was the worst loser, down 5.1% to 0.54, Dubai Financial Market (DFM) fell 1.6%, Deyaar Development (DEYAAR) 1.1%, and the other losers were down less than 1% or on thin trading.
Abu Dhabi Securities Exchange
Abu Dhabi stocks rose 0.24% to 2822 points from trading worth AED 125m with Aldar Properties (ALDAR) the most active stock, up 1.7% to 4.20 from AED 30m. Abu Dhabi Islamic Bank (ADIB) was the best of the more active gainers, up 1.9% to 2.37, Sorouh Real Estate (SOROUH) rose 1.7%, Abu Dhabi National Energy (TAQA) 1.6%, and the other gainers were up less than 1.5% or on low volumes.
Ras Al Khaimah Cement (RAKCC) was the worst of the more active losers, down 3.1% to 0.93, Bank of Sharjah (BOS) fell 1.2%, and the other losers fell less than 1% or on low volumes. Emirates Telecom (ETISALAT) fell 0.47%, and National Bank of Abu Dhabi (NBAD) was up 0.85%.
