UAE Financial Market News
01 August 2010. UAE stocks slipped slightly with both the ADX and the DFM down on low volumes. On the Nasdaq Dubai DP World fell 3.1%, DGS fell 0.41%, and Depa fell 1.5%.
Dubai Financial Market
Dubai stocks fell 0.13% to 1510 points from trading worth AED 59m with Emaar Properties (EMAAR) the most active stock, unchanged at 3.26 from AED 24m. There were only 7 stocks trading more than AED 1m worth: three others unchanged - Dubai Financial Market (DFM).
Dubai Islamic Bank (DIB), and Emirates Integrated Telecommunications (DU); two losers - Arabtec (ARTC) down 0.57%, and Arab International Logistics (ARMX) down 1.7%; and one gainer - Air Arabia (AIRARABIA) up 0.59%. Emirates NBD (ENBD) fell 0.40% to 2.49 from thin trading.
Abu Dhabi Securities Exchange
Abu Dhabi stocks fell 0.41% to 2535 points from trading worth AED 65.5m with Aldar Properties (ALDAR) the most actively traded stock, down 1.6% to 2.45. There were only 7 stocks trading more than AED 1m worth: two other losers - Emirates Telecom (ETISALAT) down 0.5%, and Abu Dhabi Commercial Bank (ADCB) down 1.2%.
Two gainers - Dana Gas (DANA) up 2.6%, and Aabar Energy (AABAR) up 0.52%; and two unchanged - Sorouh Real Estate (SOROUH) and Union National Bank (UNB). National Bank of Abu Dhabi (NBAD) was down 0.88% to 11.25 from thin trading.
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