Special Features
UAE Financial Market News
26 April 2010. UAE stocks mostly fell today but on low turnover. On the Nasdaq Dubai at 1415 UAE time, DP World is up 1.1%, and Depa is up 1.3%.Dubai Financial Market
Dubai stocks fell 0.69% to 1757 points from AED 264m worth of trading with Emaar Properties (EMAAR) the only stock trading more than AED 100m, down 2.0% to 3.96 from AED 146m. Drake & Scull (DSI) was the worst of the more active losers, down 2.4% to 0.903.
Gulf Navigation (GULFNAV) fell 2.0%, and the other losers were down less than 2% or on low volumes. HITS Telecom was the best of the more active gainers, up 5.3% to 1.20, National General Cooling (TABREED) rose 3.2%, and the other gainers were up less than 2% or on low volumes.
Abu Dhabi Securities Exchange
Abu Dhabi stocks fell 0.39% to 2811 points from AED 78m worth of trading with National Bank of Abu Dhabi (NBAD) convertible notes the most active listing, and also the worst loser, down 9.0% to 71.00 from AED 18m worth. Emirates Telecom (ETISALAT) was the most active stock, unchanged at 10.60 from AED 14m worth.
Aldar Properties (ALDAR) fell 1.9%, Sorouh Real Estate (SOROUH), Abu Dhabi Commercial Bank (ADCB), and Abu Dhabi National Energy (TAQA) all fell about 1.6%, and the other losers were down less than 1.5% or on low volumes. There were only two gainers trading more than AED 1m worth, Gulf Pharmaceutical Industries (JULPHAR) up 6.5%, and National Bank of Abu Dhabi (NBAD) up 1.3%.
