Special Features
UAE Financial Market News
30 August 2010. UAE stocks fell. On the Nasdaq Dubai, DP World fell 1.4% and was the only stock traded there.Dubai Financial Market
Dubai stocks fell 0.38% to 1491 points from trading worth AED 72m with Dubai Islamic Bank (DIB) the most active stock, unchanged at 1.88 from AED 17m. Emaar Properties (EMAAR) was the only other stock trading more than AED 10m, down 0.61% to 3.28 from AED 15m.
Deyaar Development (DEYAAR) was the worst of the more active losers, down 2.3% to 0.29, Dubai Financial Market (DFM) fell 2.0%, and the other losers were down less than 2% or on thin trading. There were only 3 gainers - Arab International Logistics (ARMX) up 1.2% on thin trading, and Drake & Scull (DSI) and Air Arabia (AIRARABIA) both up less than 0.50%.
Abu Dhabi Securities Exchange
Abu Dhabi stocks fell 0.37% to 2499 points from AED 86m worth of trading with First Gulf Bank (FGB) the most active stock for a change, but closing flat at 13.80 from AED 43m worth. Aldar Properties (ALDAR) was the worst of the more active losers, down 2.6% to 2.27.
Abu Dhabi Commercial Bank (ADCB), Dana Gas (DANA), and Sorouh Real Estate (SOROUH) all fell between 1% and 2%, Emirates Telecom (ETISALAT) fell 0.50%, and the remaining stocks all traded less than AED 1m each, including National Bank of Abu Dhabi (NBAD) which closed unchanged.
