Special Features
UAE Financial Market News
27 June 2010. UAE stocks fell slightly, although Emaar was in the green, with trading volumes very low. On the Nasdaq Dubai at 1530 UAE time, Depa is up 2.7%, DP World is down 1.0%, and Damas is up 3.1%.Dubai Financial Market
Dubai stocks fell 0.38% to 1533 points from turnover of AED 110m with Emaar Properties (EMAAR) the most active stock, up 0.31% to 3.27 from AED 44m. Emirates Integrated Telecommunications (DU) was the worst of the more active losers, down 4.1% to 2.09, Dubai Islamic Bank (DIB) fell 0.98%, and Arabtec (ARTC) was the only other loser trading more than AED 1m worth, down 0.53%.
National General Cooling (TABREED) was the best of the more active gainers, up 2.1% to 0.385, Air Arabia (AIRARABIA) rose 1.3%, Union Properties (UPP) 1.05%, and Drake & Scull (DSI) was the only other gainer trading more than AED 1m worth, up just 0.12%. Emirates NBD (ENBD) fell 1.9% to 2.60 from thin trading.
Abu Dhabi Securities Exchange
The Abu Dhabi stock index dropped marginally by 0.09% to 2551 points from just AED 59m worth of trading with Dana Gas (DANA) the most active stock, down 1.4% to 0.69 from AED 19m worth. Aabar Energy (AABAR) was the worst loser, down 7.1% to 1.56, Waha Capital (OILC) fell 3.4%, and the other losers were down less than 1% or on thin trading.
International Fish Farming (ASMAK) and Abu Dhabi National Building Materials (BILDCO) were the top gainers, up 9.0% each but from low trading. None of the gainers saw turnover of more than AED 1m. Emirates Telecom (ETISALAT) was unchanged at 10.40, and National Bank of Abu Dhabi (NBAD) was unchanged at 10.85.
