Special Features
UAE Financial Market News
22 June 2010. Aabar Energy closed 10% limit up after news it was considering delisting from the ADX, but most other stocks fell. At least volumes were lower than Sunday and Monday this week when the markets were green. On the Nasdaq Dubai at 1445 UAE time, DP World is down 2.2% and Depa is unchanged.Dubai Financial Market
Dubai stocks fell 1.4% to 1542 points from turnover of AED 167m with Emaar Properties (EMAAR) the most active stock, down 2.95% to 3.29 from AED 100m. Dubai Financial Market (DFM) was the worst of the more active losers, down 3.1% to 1.56.
Arabtec (ARTC) fell 2.5%, and the other losers were down less than 2% or on low turnover. There were only 3 gainers, and only Emirates Integrated Telecommunications (DU) traded more than AED 1m worth, up 0.90% to 2.25. Emirates NBD (ENBD) fell 1.1% to 2.66 but from few trades.
Abu Dhabi Securities Exchange
Abu Dhabi stocks fell 0.43% to 2551 points from trading worth AED 127m with Aabar Energy (AABAR) the most active stock and also the top gainer, closing 10% limit up at 1.80. Sorouh Real Estate (SOROUH) was the worst of the more active losers, down 3.5% to 1.95.
Aldar Properties (ALDAR) fell 2.8%, Ras Al Khaimah Properties (RAKPROP) was down 2.6%, and the other losers fell less than 1% or on thin trading. Apart from Aabar, Waha Capital (OILC) was the only other gainer trading more than AED 1m worth, up 1.8% to 0.55. Emirates Telecom (ETISALAT) was unchanged at 10.25, and National Bank of Abu Dhabi (NBAD) fell 0.91% to 10.75.
