Special Features
UAE Financial Market News
21 June 2010. UAE stocks saw more green today with volumes still relatively solid. On the Nasdaq Dubai at 1545 UAE time, DP World is unchanged, Damas is down 15.8%, DGS is up 2.3%, and Depa is up 2.1%.Dubai Financial Market
Dubai stocks rose 1.1% to 1563 points from trading worth AED 328m with Emaar Properties (EMAAR) the only stock trading more than AED 100m worth, up 2.7% to 3.39 from AED 163m. Emirates Integrated Telecommunications (DU) was the best of the more active stocks, up 4.2% to 2.23.
Air Arabia (AIRARABIA) rose 2.9%, and the other gainers were up less than 2% or on thin trading. Al Madina Finance (ALMADINA) was the worst loser, down 4.5% to 0.62, Deyaar Development (DEYAAR) fell 1.6%, Gulf Navigation (GULFNAV) 1.1%, and the other losers were down less than 1% or on thin trading. Emirates NBD (ENBD) was unchanged at 2.69.
Abu Dhabi Securities Exchange
Abu Dhabi stocks rose 1.0% to 2562 points from turnover of AED 197m with Aldar Properties (ALDAR) the only stock trading more than AED 100m worth, up 3.2% to 3.20 from AED 111m. Methaq Islamic Insurance (METHAQ) was the best of the more active gainers, up 5.8% to 1.43, Union National Bank (UNB) rose 4.9%.
National Bank of Abu Dhabi (NBAD) 3.8%, Abu Dhabi Commercial Bank (ADCB) 3.3%, Dana Gas (DANA) 3.0%, and the other gainers were up less than 3% or on thin trading. There were 6 losers with only Ras Al Khaimah Cement (RAKCC) trading more than AED 1m worth, down 1.3% to 0.74. Emirates Telecom (ETISALAT) was unchanged at 10.30.
