Special Features
UAE Financial Market News
04 August 2010. UAE stocks dropped. On the Nasdaq Dubai, DP World fell 1.0%, Depa 1.8%, and DGS 0.41%.Dubai Financial Market
Dubai stocks fell 0.95% to 1513 points from trading worth AED 69m with Emaar Properties (EMAAR) the most active stock, down 1.8% to 3.29. Gulf Finance House (GFH) was the worst of the more active losers, down 4.5% to 0.525.
Dubai Financial Market (DFM) fell 2.0%, and the other losers were down less than 2% or on thin trading. None of the 5 gainers traded more than AED 1m worth but Global Investment House (GLOBAL) closed 15% limit up at 1.25.
Abu Dhabi Securities Exchange
Abu Dhabi stocks fell marginally by 0.06% to 2535 points from trading worth AED 106m with Aldar Properties (ALDAR) the most active stock, down 3.2% to 2.34, also the worst of the more active losers. Only one other loser traded more than AED 1m worth - Sorouh Real Estate (SOROUH) down just 0.58%.
Only three gainers traded more than AED 1m worth - Waha Capital (OILC) up 1.45%, Dana Gas (DANA) up 1.3%, and National Bank of Abu Dhabi (NBAD) up 0.44%. Emirates Telecom (ETISALAT), Ras Al Khaimah Properties (RAKPROP), Ras Al Khaimah Cement (RAKCC) were all unchanged.
