Special Features
UAE Financial Market News
22 July 2010. Abu Dhabi stocks were up, led by Dana and Waha Capital, but Dubai stocks were relatively unchanged. On the Nasdaq Dubai, DP World rose 1.6%, and Depa fell 4.3%.Dubai Financial Market
Dubai stocks fell 0.16% to 1529 points from AED 133m worth of trading with Emaar Properties (EMAAR) the most actively traded stock, unchanged at 3.37 from AED 51m worth. There were only 4 losers trading more than AED 1m worth - Arabtec (ARTC) down 1.6%.
Dubai Investment Company (DIC) down 1.2%, and Dubai Islamic Bank (DIB) and Air Arabia (AIRARABIA) both down less than 1%. Islamic Arab Insurance (IAIC) was the best of the more active gainers, up 4.9% to 0.88, Drake & Scull (DSI) rose 3.5%, Dubai Islamic Insurance (AMAN) 2.6%, and the other gainers were up less than 2% or on thin trading.
Abu Dhabi Securities Exchange
Abu Dhabi stocks rose 0.59% to 2551 points from trading worth AED 105m with Dana Gas (DANA) the most actively traded stock, up 4.0% to 0.80. Waha Capital (OILC) was the top gainer, 10% limit up to 0.68, GLS was also limit up but from just one small trade. Ras Al Khaimah Cement (RAKCC) rose 5.6%.
Ras Al Khaimah Properties (RAKPROP) 5.0%, and the other gainers were up less than 1% or on thin trading. Emirates Telecom (ETISALAT) and National Bank of Abu Dhabi (NBAD) both rose less than 1%. There were 8 losers with only 2 stocks trading more than AED 1m worth - National Bank Of Ras Al Khaimah (RAKBANK) and Aabar Energy (AABAR), both down less than 1%.
