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UAE Financial Market News

30 September 2010. Most UAE stocks fell today. On the Nasdaq Dubai, DP World was up 1.6% to US$0.52, and Depa was unchanged at US$0.64.

Dubai Financial Market
Dubai stocks fell 1.1% to 1684 points from trading worth AED 330m with Emaar Properties (EMAAR) the only stock trading more than AED 100m, down 1.8% to 3.73 from AED 187m. Arab International Logistics (ARMX) was the worst loser, down 4.35% to 2.20.

Dubai Financial Market (DFM) fell 2.2%, and the other losers were down less than 2% or on thin trading. There were 5 gainers with only Emirates Integrated Telecommunications (DU) trading more than AED 1m worth, up 0.39% to 2.58.

Abu Dhabi Securities Exchange

Abu Dhabi stocks fell 0.15% to 2673 points from trading worth AED 108m with Aldar Properties (ALDAR) the most active stock, down 2.0% to 2.50 from AED 31m worth. Agthia Group (AGTHIA) was the worst of the more active losers, down 3.4% to 2.26, Dana Gas (DANA) fell 1.2%, Sorouh Real Estate (SOROUH) 1.1%, and the other losers fell less then 1% or on thin trading.

Only 2 gainers rose on trading of more than AED 1m - Abu Dhabi Commercial Bank (ADCB) and Abu Dhabi National Insurance (ADNIC), both up less than 0.5%. Emirates Telecom (ETISALAT) fell 0.46%, and National Bank of Abu Dhabi (NBAD) fell 0.42%.



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