Special Features
UAE Financial Market News
05 July 2010. UAE stocks rose marginally on low volumes with just over AED 100m worth on the ADX and DFM combined. On the Nasdaq Dubai at 1430 UAE time, DP World is up 2.2%, and Depa is down 1.4%.Dubai Financial Market
Dubai stocks rose 0.26% to 1472 points from trading worth AED 54m with Emaar Properties (EMAAR) the only stock trading more than AED 10m, unchanged at 3.08 from AED 23m. Drake & Scull (DSI) was the best of the more active gainers, up 2.3% to 0.80, Dubai Investment Company (DIC) rose 1.7%, Dubai Financial Market (DFM) 1.4%.
Arab International Logistics (ARMX) 1.3%, and the other gainers rose less than 1% except for Emarat Takaful Insurance (TAKAFUL-EM), up 3.3% on thin volumes. Only 2 losers saw trading worth more than AED 1m - Emirates Integrated Telecommunications (DU) and Air Arabia (AIRARABIA), both down about 0.5%.
Abu Dhabi Securities Exchange
Abu Dhabi stocks rose 0.22% to 2521 points from trading worth AED 54m with Aldar Properties (ALDAR) the most active stock, down 1.1% to 2.67 from AED 18m worth, and also the worst of the more active losers. Union National Bank (UNB) was the best of the more active gainers, up 2.5% to 2.89.
Abu Dhabi Islamic Bank (ADIB) rose 1.6%, and Emirates Telecom (ETISALAT) was the only other gainer trading more than AED 1m worth, up 0.49% to 10.35. Aldar, First Gulf Bank (FGB), Aabar Energy (AABAR), and National Bank of Abu Dhabi (NBAD) were the only losers trading more than AED 1m worth, all falling around 1% or less.
