Special Features
UAE Financial Market News
02 May 2010. Dubai stocks fell although Union Properties saw a decent rise, and Abu Dhabi stocks were mixed with the ADX almost unchanged. On the Nasdaq Dubai at 1500 UAE time, Depa is unchanged at $0.78, and DP World is down 0.55% to $0.54.Dubai Financial Market
Dubai stocks fell 0.90% to 1724 points from AED 169m worth of trading with Emaar Properties (EMAAR) the most active stock, down 1.3% to 3.86 from AED 76m. Deyaar Development (DEYAAR) was the worst loser, down 3.1%, Gulf Navigation (GULFNAV) fell 2.9%.
Dubai Financial Market (DFM) was down 2.3%, and the other losers fell less than 2% or on low volumes. There were only three gainers - Union Properties (UPP) up 5.8%, Gulf Finance House (GFH) up 1.6%, and Emirates Integrated Telecommunications (DU) up 0.82%.
Abu Dhabi Securities Exchange
Abu Dhabi stocks fell 0.12% to 2774 points from AED 86m worth of trading with Aldar Properties (ALDAR) the most active stock and also the worst of the more active losers, down 3.6% to 3.86 from AED 28m worth of trading. First Gulf Bank (FGB) fell 1.6%, Abu Dhabi Islamic Bank (ADIB) was down just 0.35%, and the other losers fell on turnover of less than AED 1m each.
Aabar Energy (AABAR) was the best of the more active gainers, up 3.2% to 2.26, Abu Dhabi Commercial Bank (ADCB) rose 2.9%, Emirates Telecom (ETISALAT) and Sorouh Real Estate (SOROUH) were up just under 0.5%, and the other gainers rose on thin trading. National Bank of Abu Dhabi (NBAD) closed unchanged at 11.95.
