Special Features
UAE Financial Market News
07 September 2010. UAE stocks rose on the last trading day before Eid Al Fitr, led by Du and DFM shares in Dubai. On the Nasdaq Dubai, DP World rose 1.0% and Damas was unchanged.Dubai Financial Market
Dubai stocks rose 1.5% to 1592 points from trading worth AED 276m with Emaar Properties (EMAAR) the only stock trading more than AED 100m, up 1.9% to 3.68 from AED 115m. National General Cooling (TABREED) was the top gainer, up 6.15% to 0.38, Emirates Integrated Telecommunications (DU) rose 4.0%.
Dubai Financial Market (DFM) 3.75%, Emirates NBD (ENBD) 2.7%, and the other gainers were up less than 2.5% or on thin trading. Of the 7 losers, only 2 saw trading worth more than AED 1m - Arab International Logistics (ARMX) down 0.57%, and Deyaar Development (DEYAAR) down 1.6%.
Abu Dhabi Securities Exchange
Abu Dhabi stocks rose 0.57% to 2532 points from trading worth AED 406m with First Gulf Bank (FGB) by far the most active stock, down 1.1% to 13.80 from AED 251m worth of deals. Abu Dhabi Islamic Bank (ADIB) was the best of the more active gainers, up 3.9% to 2.70, Abu Dhabi Commercial Bank (ADCB) rose 2.75%.
National Bank of Abu Dhabi (NBAD) 1.7%, and the other gainers were up less than 1.5% or on thin trading. National Bank of Umm Al Quwain (NBQ) was the worst loser, down 6.7% to 2.10, Aabar Energy (AABAR) fell 1.4%, and the other 4 losers fell on turnover of less than AED 1m each. Emirates Telecom (ETISALAT) was up by 0.50% to 10.10.
