Special Features
UAE Financial Market News
30 May 2010. UAE stocks started the week with a slight fall, but on the Nasdaq Dubai at 1515 UAE time, DP World is up 4.7% to 0.47, and Damas is unchanged.Dubai Financial Market
Dubai stocks dropped by 0.25% to 1601 points from trading worth AED 231m with Emaar Properties (EMAAR) the only stock trading more than AED 100m, unchanged at 3.41%. Gulf Finance House (GFH) was the worst of the more active losers, down 4.3% to 0.54, National General Cooling (TABREED) fell 4.0%.
Emirates Integrated Telecommunications (DU) 3.6%, and the remaining stocks were down less than 3% or on low volumes. Dubai Investment Company (DIC) was the best of the more active gainers, up 2.0% to 0.82, Dubai Financial Market (DFM) and Air Arabia (AIRARABIA) rose 1.2%, and the other gainers were up less than 1% or on thin trading. Emirates NBD (ENBD) fell 1.8% to 2.75 on low volumes.
Abu Dhabi Securities Exchange
Abu Dhabi stocks were down slightly, by 0.17% to 2637 points from trading worth AED 109m, but Aldar Properties (ALDAR), the most active stock and also the best of the more active gainers, was up 2.5% to 3.25 from AED 42m worth of turnover. There were only two losers trading more than AED 1m.
First Gulf Bank (FGB) down 4.2% to 15.70, and Gulf Medical Projects (GMPC) falling just 0.40%. Sorouh Real Estate (SOROUH) rose 2.4%, and the other gainers were up less than 2% or on low volumes. Emirates Telecom (ETISALAT) rose 0.48% to 10.55, and National Bank of Abu Dhabi (NBAD) fell 2.8% to 10.30 but from thin trading.
