Special Features
UAE Financial Market News
27 May 2010. Abu Dhabi stocks fell slightly, while Dubai stocks were up with the help of Emaar and a few small trades in Emirates NBD. On the Nasdaq Dubai at 1545 UAE time, DP World is up 0.91%, and DEPA is up 4.05%.Dubai Financial Market
Dubai stocks rose 0.90% to 1605 points from turnover of AED 186m with over half of that from trading in Emaar Properties (EMAAR), up 1.8% to 3.41 from AED 103m worth. Deyaar Development (DEYAAR) was the best of the more active gainers, up 2.4% to 0.35, National General Cooling (TABREED) rose 2.2%, and the other stocks were up less than 2% or on thin trading.
There were 8 losers with only 3 trading more than AED 1m worth - Gulf Finance House (GFH) down 3.6% to 0.56, and Dubai Investment Company (DIC) and Dubai Islamic Bank (DIB), both down less than 1%. Emirates NBD (ENBD) was the top gainer, up 3.3% to 2.80 but from low volumes.
Abu Dhabi Securities Exchange
Abu Dhabi stocks fell 0.21% to 2641 points from turnover of AED 112m with Aldar Properties (ALDAR) the most actively traded stock, unchanged at 3.24 from AED 35m worth. Ras Al Khaimah Properties (RAKPROP) was the worst of the more active losers, down 2.3% to 0.43, First Gulf Bank (FGB) fell 2.1%, and the other losers were down less than 2% or on low volumes.
There were 10 gainers but only 2 trading more than AED 1m worth - Abu Dhabi Commercial Bank (ADCB) up 2.4% to 1.69, and Agthia Group (AGTHIA) up 2.1% to 1.94. Emirates Telecom (ETISALAT) was unchanged at 10.55, and National Bank of Abu Dhabi (NBAD) fell 0.93% to 10.50.
