Special Features
UAE Financial Market News
20 July 2010. UAE stocks saw little movement except for Aldar dropping while most ADX stocks rose, and Aabar closing 10% limit up again today. On the Nasdaq Dubai, DP World is down 4.9% to $0.423, and DGS is down 0.41%.Dubai Financial Market
Dubai stocks fell 0.56% to 1510 points from trading worth AED 124m with Emaar Properties (EMAAR) the most active stock, down 0.91% to 3.27 from AED 61m. Commercial Bank of Dubai (CBD) was the worst of the more active losers, down 1.7% to 2.90, Emirates Integrated Telecommunications (DU) fell 1.45%.
Deyaar Development (DEYAAR) 1.25%, Arabtec (ARTC) 1.1%, and the other losers were down less than 1% or on thin trading. Only 2 gainers saw trading worth more than AED 1m - Dubai Investment Company (DIC) up 0.12%, and Drake & Scull (DSI) up 0.36%. Emirates NBD (ENBD) fell 1.2% from just one small trade.
Abu Dhabi Securities Exchange
Abu Dhabi stocks rose 0.36% to 2543 points from turnover worth AED 105m with Aldar Properties (ALDAR) the most active stock, down 3.0% to 2.56 from AED 34m worth, and the only loser trading more than AED 1m worth. Aabar Energy (AABAR) was the top gainer, 10% limit up to 1.89.
Agthia Group (AGTHIA) rose 3.1%, Dana Gas (DANA) 2.8%, Ras Al Khaimah Properties (RAKPROP) 2.6%, and the other gainers were up less than 2% or on thin trading. Emirates Telecom (ETISALAT) was unchanged at 10.35, and National Bank of Abu Dhabi (NBAD) rose 0.45% to 11.05.
