UAE Financial Market News
24 August 2010. UAE stocks fell on low volumes. On the Nasdaq Dubai, DP World is down 0.20%, and Depa is down 5.5%.
Dubai Financial Market
Dubai stocks fell 0.45% to 1493 points from trading worth AED 47m with Emaar Properties (EMAAR) the only stock trading more than AED 16m, down 0.91% to 3.26. Gulf Finance House (GFH) was the worst loser, 10% limit down to 0.478.
Arabtec (ARTC) fell 1.2%, Emirates Integrated Telecommunications (DU) 1.4%, and the other losers were down less than 1% or on thin trading. Dubai Investment Company (DIC) was the only gainer trading more than AED 1m worth, up just 0.70% to 0.865.
Abu Dhabi Securities Exchange
Abu Dhabi stocks fell 0.25% to 2503 points from AED 53m worth of trading with Aldar Properties (ALDAR) the most active stock, down 0.90% to 2.17 from AED 14.5m.
Emirates Telecom (ETISALAT), Dana Gas (DANA), and Waha Capital (OILC) all closed unchanged; Sorouh Real Estate (SOROUH), National Bank of Abu Dhabi (NBAD), and First Gulf Bank (FGB) fell less than 1%; and the other stocks traded on less than AED 1m each.
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