Special Features
UAE Financial Market News
11 October 2010. UAE stocks rose again today but on a little less activity than yesterday. On the Nasdaq Dubai, DP World and Depa both traded unchanged.Dubai Financial Market
Dubai stocks rose 0.34% to 1756 points from AED 423m with Emaar Properties (EMAAR) the only stock trading more than AED 100m, up 0.51% to 3.97 from AED 162m. Dubai Islamic Bank (DIB) was the best of the more active gainers, up 1.7% to 2.37, Emirates NBD (ENBD) rose 1.35%.
Ajman Islamic Bank (AJMANBANK) 1.3%, and the other gainers were up less than 1% or on thin trading. HITS Telecom was the worst of the more active losers, down 2.8% to 0.65, Air Arabia (AIRARABIA) fell 1.0%, and the other losers were down less than 1% or on thin trading.
Abu Dhabi Securities Exchange
Abu Dhabi stocks rose 0.65% to 2722 points from trading worth AED 183m with Aldar Properties (ALDAR) the most active stock, up 0.79% to 2.51 from AED 60m. Except for small single trades for Gulf Cement (GCEM), Abu Dhabi National Hotels (ADNH), and Abu Dhabi National Takaful (TKFL); Abu Dhabi National Energy (TAQA) was the best gainer with a 6.45 increase to 1.51.
Abu Dhabi Islamic Bank (ADIB) rose 5.4%, Abu Dhabi Commercial Bank (ADCB) 4.2%, and the remainder were up less than 2.5%. Ras Al Khaimah Properties (RAKPROP) was the worst of the more active losers, down 2.3% to 0.43, Agthia Group (AGTHIA) fell 0.85%, Sorouh Real Estate (SOROUH) 0.56%, and the other losers were down on thin trading. Emirates Telecom (ETISALAT) rose 0.47%, and National Bank of Abu Dhabi (NBAD) was up 0.43%.
