Special Features
UAE Financial Market News
26 July 2010. The ADX saw little change while the DFM rose slightly. On the Nasdaq Dubai DP World was up 2.5% to US$0.451.Dubai Financial Market
Dubai stocks rose 0.18% to 1510 points from AED 75m worth with Emaar Properties (EMAAR) the most active stock, down 0.31% to 3.24 from AED 20m worth. Gulf Finance House (GFH) was the top gainer, closing 15% limit up at 0.55, HITS Telecom rose 6.5%, Arab International Logistics (ARMX) 1.8%.
Arabtec (ARTC) 1.15%, and the remaining gainers were up less than 1% or on thin trading. Apart from Emaar, Air Arabia (AIRARABIA) was the only other loser trading more than AED 1m worth, down just 0.24%. Emirates NBD (ENBD) rose 0.81% to 2.50 on thin trading after releasing Q2 results this morning.
Abu Dhabi Securities Exchange
Abu Dhabi stocks were almost unchanged at 2559 points with a rise of less than 1 point (0.03%) from AED 82m worth of trading. Sorouh Real Estate (SOROUH) was the most actively traded stock, up 2.8% to 1.81 from AED 18m worth. The two top gainers, Sharjah Cement (SCIDC) and GLS both closed 10% limit up but from just one small trade each.
National Bank of Abu Dhabi (NBAD) was the only other gainer trading more than AED 1m worth, up 0.45% to 11.05. Emirates Telecom (ETISALAT) was unchanged at AED 10.40. Aabar Energy (AABAR), Union National Bank (UNB), and Abu Dhabi Commercial Bank (ADCB) also closed unchanged. There were only 3 losers trading more than AED 1m worth - Waha Capital (OILC) down 2.9%, Dana Gas (DANA) down 1.3%, and Aldar Properties (ALDAR) down 0.40%.
