Special Features
UAE Financial Market News
13 May 2010. UAE indexes rose slightly despite falls in most of the more active stocks. Gains in Etisalat in Abu Dhabi, and Du Telecom and Emirates NBD in Dubai helped keep the indexes in the green. On the Nasdaq Dubai at 1400 UAE time, DP World is up 0.62% to $0.484, and Depa is unchanged at $0.790.Dubai Financial Market
Dubai stocks rose 0.20% to 1719 points from turnover of AED 260m with Emaar Properties (EMAAR) the most active stock, down 0.52% to 3.83. Emirates Integrated Telecommunications (DU) was the top gainer, 5% limit up at 2.66 with greater than usual trading volumes, Union Properties (UPP) rose 4.2%.
Islamic Arab Insurance (IAIC) 2.1%, and the other gainers were up less than 2%. Gulf General Investment (GGICO) was the worst loser, 5% limit down at 0.82, Arab International Logistics (ARMX) fell 1.25%, Dubai Financial Market (DFM) 1.1%, and the other losers were down less than 1% or on low volumes. Emirates NBD (ENBD) rose 1.7% on low volumes.
Abu Dhabi Securities Exchange
Abu Dhabi stocks climbed 0.28% to 2803 points from AED 108m worth of trading with Aldar Properties (ALDAR) the most active stock, down 0.25% to 3.86 from AED 33m of trading. Dana Gas (DANA) was the best of the more active gainers, up 2.5% to 0.81, Waha Capital (OILC) rose 1.35%, Abu Dhabi National Energy (TAQA) 0.85%, Emirates Telecom (ETISALAT) 0.47%, and Union National Bank (UNB) 0.30%.
The remaining gainers traded on less than AED 1m each. Aabar Energy (AABAR) was the worst of the more active losers, down 0.96% to 2.06, Sorouh Real Estate (SOROUH) fell 0.43%, and the other losers fell on low volumes. National Bank of Abu Dhabi (NBAD) was unchanged at 12.00.
