Special Features
UAE Financial Market News
06 July 2010. Dubai stocks had a bit of a jump on increased trading compared to the past few days of stagnation, but Abu Dhabi remained flat. On the Nasdaq Dubai at 1430 UAE time, DP World is up 3.6% and Depa is up 2.8%.Dubai Financial Market
Dubai stocks rose 1.5% to 1495 points from turnover almost tripled from yesterday at AED 141m with Emaar Properties (EMAAR) the most active stock, up 3.9% to 3.20. Arabtec (ARTC) was the top gainer, up 4.7% to 1.76, National General Cooling (TABREED) rose 3.3%.
Emirates Integrated Telecommunications (DU) 3.1%, and the other gainers were up less than 3% or on thin trading. There were 6 losers with only Gulf Finance House (GFH) trading more than AED 1m, down 0.44% to 0.45. Emirates NBD (ENBD) fell 2.0% to 2.45 from thin trading.
Abu Dhabi Securities Exchange
Abu Dhabi stocks were almost unchanged at 2521 points with trading almost doubled from yesterday at AED 107m with Aldar Properties (ALDAR) the most active stock, up 0.74% to 2.74. Only 3 other gainers traded more than AED 1m worth - Aabar Energy (AABAR), Sorouh Real Estate (SOROUH), and Emirates Telecom (ETISALAT) - all up less than 1%.
There were only 3 losers trading more than AED 1m worth - First Gulf Bank (FGB) down 1.0%, and National Bank of Abu Dhabi (NBAD) and Abu Dhabi Islamic Bank (ADIB), both down a little under 1%.
