Special Features
UAE Financial Market News
01 July 2010. UAE stocks saw mixed trading today with the ADX down slightly but the DFM up, mostly because of Emaar and Emirates NBD in the green. On the Nasdaq Dubai at 1545 UAE time, DP World is down 3.4%, and Depa is unchanged.Dubai Financial Market
Dubai stocks rose 0.56% to 1470 points from trading worth AED 146m with Emaar Properties (EMAAR) the most active stock, up 1.3% to 3.10 from AED 72m. Dubai Financial Market (DFM) was the best of the more active gainers, up 1.4% to 1.45, and Emirates Integrated Telecommunications (DU) was the only other gainer trading more than AED 1m worth, up 1.0% to 1.98.
Deyaar Development (DEYAAR) was the worst of the more active losers, down 3.4% to 0.31, Arabtec (ARTC) fell 1.2%, and the only other losers trading more than AED 1m worth were Dubai Islamic Bank (DIB) and Air Arabia (AIRARABIA), both falling less than 1%. Emirates NBD (ENBD) rose 2.1% from a handful of small trades.
Abu Dhabi Securities Exchange
Abu Dhabi stocks fell 0.18% to 2510 points from trading worth AED 71m with Aldar Properties (ALDAR) the only stock trading more than AED 10m, down 1.45% to 2.74 from AED 24m. Abu Dhabi Aviation (ADAVIATION) was the worst loser, down 7.1% to 1.95, Abu Dhabi National Hotels (ADNH) fell 2.15%, and the other losers were down less than 1% or on thin trading.
Aabar Energy (AABAR) was the best of the more active gainers, up 5.1% to 1.40, Abu Dhabi Commercial Bank (ADCB) rose 3.3%, and the other gainers were up less than 2% or on low volumes. National Bank of Abu Dhabi (NBAD) rose 1.8%, and Emirates Telecom (ETISALAT) fell 1.4%.
