Special Features
UAE Financial Market News
17 August 2010. The DFM rose and the ADX was flat. On the Nasdaq Dubai, DP World rose 0.84%, Damas fell 3.1%, and Depa fell 0.15%.Dubai Financial Market
Dubai stocks rose 0.92% to 1487 points from trading worth AED 64m with Emaar Properties (EMAAR) the most active stock, up 1.9% to 3.22 from AED 29m worth, and also the best gainer of the more active stocks.
Dubai Investment Company (DIC) rose 1.8%, and the other gainers were up less than 1% or on thin trading. Only 2 losers saw trading worth more than AED 1m - Air Arabia (AIRARABIA) and Drake & Scull (DSI), both down less than 1%.
Abu Dhabi Securities Exchange
Abu Dhabi stocks were almost unchanged at 2495 points, up just 0.03% from AED 113m worth of trading with National Bank of Abu Dhabi (NBAD) convertible notes showing the greatest value traded, down 0.31% to 80.12 from AED 36m. Emirates Telecom (ETISALAT) was the only other loser trading more than AED 1m worth, down 0.50% to 10.00.
Aldar Properties (ALDAR) was the best of the more active gainers, up 1.9% to 2.17, Union National Bank (UNB) rose 1.4%, Dana Gas (DANA) 1.3%, and First Gulf Bank (FGB) 0.72%. The other gainers were up on turnover of less than AED 1m. National Bank of Abu Dhabi (NBAD) was unchanged at 11.30.
