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UAE Financial Market News

21 November 2010. In Dubai the index closed at 1702 a rise of of 0.93% from the previous close. 65 million shares changed hands worth 103 million dirhams. 26 stocks traded with 15 rising, 10 falling and one unchanged. Major movers on the upside included Arabtec (ARTC) (3.24%), Arab International Logistics (ARMX) (5.15%) and Emaar Properties (EMAAR) (1.92%). Movers to the downside included Deyaar Development (DEYAAR) (1.37%) and Drake & Scull (DSI) (0.42%) In Abu Dhabi the index closed at 2742 a fall of 0.23% from the previous close. 26 million shares traded worth 58 million dirhams. 22 stocks traded with 9 rising 6 declining and 7 unchanged. Major movers to the upside included Abu Dhabi Islamic Bank (ADIB) (2.75%), Abu Dhabi National Energy (TAQA) (1.43%) and Ras Al Khaimah Cement (RAKCC) (1.06%). Movers to the downside included First Gulf Bank (FGB) (0.57%), National Bank of Abu Dhabi (NBAD) (1.22%) and Emirates Telecom (ETISALAT)(0.46%).



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