UAE Financial Market News
13 July 2010. More of the same on the UAE markets. Little movement, low volumes. On the Nasdaq Dubai, DP World fell 2% to US$0.44.
Dubai Financial Market
Dubai stocks rose 0.36% to 1508 points with Emaar Properties (EMAAR) the only stock trading more than AED 10m, up 1.5% to 3.30 from AED 44m worth. Only 6 other stocks saw trading worth more than AED 1m: Arabtec (ARTC) and Dubai Investment Company (DIC) rose slightly.
Dubai Financial Market (DFM), Arab International Logistics (ARMX), and Emirates NBD (ENBD) were unchanged; and Air Arabia (AIRARABIA) fell 0.92%.
Abu Dhabi Securities Exchange
Abu Dhabi stocks fell 0.38% to 2518 points from trading worth AED 46m with Aldar Properties (ALDAR) the most actively traded stock, unchanged at 2.68 from AED 10m worth of deals. Only
7 stocks traded more than AED 1m worth, 5 of them unchanged - Sorouh Real Estate (SOROUH), Emirates Telecom (ETISALAT), Aabar Energy (AABAR), and Abu Dhabi National Insurance (ADNIC) - and the other 2 fell slightly - Dana Gas (DANA) down 1.4%, and First Gulf Bank (FGB) down 0.69%.
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