Special Features
UAE Financial Market News
03 October 2010. UAE stocks rose slightly on modest trading volumes. On the Nasdaq Dubai, DP World was the only stock traded, down 1.5% to US$0.51.Dubai Financial Market
Dubai stocks rose 0.65% to 1695 points from trading worth AED 171m with Emaar Properties (EMAAR) the most active stock, up 0.54% to 3.75 from AED 47m worth of deals. Emirates Integrated Telecommunications (DU) was the top gainer, up 3.9% to 2.68, Arab International Logistics (ARMX) rose 3.2%, Drake & Scull (DSI) 1.2%, and the other gainers were up less than 1% or on thin trading.
Emirates NBD (ENBD) rose 1.0% from just one small trade. There were 8 losers, with none trading more than AED 1m. Dubai Investment Company (DIC) was the most active of them, down 0.53% to 0.93 from AED 0.93m worth, and International Financial Advisers (IFA) was the worst loser, 10% limit down to 0.76.
Abu Dhabi Securities Exchange
Abu Dhabi stocks edged up 0.06% to 2675 points from trading worth AED 95m with Aldar Properties (ALDAR) the most active stock, up 0.81% to 2.47 fromo AED 27m. National Marine Dredging (NMDC) was the best gainer, up 7.3% to 8.80.
Abu Dhabi Islamic Bank (ADIB) rose 4.1%, Umm Al Quwain Cement (QCEM) 2.8%, and the other gainers were up less than 2% or on thin trading. There were 7 losers with only Emirates Telecom (ETISALAT) trading more than AED 1m, down 0.47% to 10.65. National Bank of Abu Dhabi (NBAD) was unchanged at 11.75.
