Special Features
UAE Financial Market News
16 May 2010. Most UAE stocks fell today, especially in Dubai but trading volumes were low. On the Nasdaq Dubai at 1530 UAE time, DP World is down 0.42%, and Depa has fallen 1.3%.Dubai Financial Market
Dubai stocks fell 1.5% to 1692 points from AED 199m worth of trading with Emaar Properties (EMAAR) the most active stock, down 2.1% to 3.75 from AED 92m worth. Dubai Investment Company (DIC) was the worst of the more active losers, down 3.7% to 0.87, Gulf Finance House (GFH) fell 2.8%.
Arabtec (ARTC) 2.1%, and most other stocks were down less than 2% or on thin trading. There were only two gainers, neither trading more than AED 1m worth - Dubai National Insurance & Reinsurance (DNIR) up 0.88%, and Dubai Islamic Insurance (AMAN) up 0.12%.
Abu Dhabi Securities Exchange
Abu Dhabi stocks fell 0.58% to 2787 points from turnover of AED 93m with Aldar Properties (ALDAR) the most actively traded company, and also the worst of the more active losers, down 3.8% to 3.80 from AED 26m worth. Waha Capital (OILC) fell 2.7%, Sorouh Real Estate (SOROUH) 2.6%, and the other losers were down less than 2% or on low volumes.
Of the gainers, there were only two trading more than AED 1m worth - Agthia Group (AGTHIA) with a closing price 10% limit up at 2.09, and Aabar Energy (AABAR) up 1.45%. Emirates Telecom (ETISALAT) was unchanged at 10.75, and National Bank of Abu Dhabi (NBAD) fell 1.7% to 11.85.
