Special Features
UAE Financial Market News
27 October 2010. UAE stocks fell overall, although there were some notable gainers. On the Nasdaq Dubai, DP World was unchanged, and Depa fell 1.5%.Dubai Financial Market
Dubai stocks fell 0.70% to 1732 points from trading worth AED 198m with Emaar Properties (EMAAR) the most active stock, down 1.6% to 3.78 from AED 46m. Al Salam Bank Sudan (ALSALAMSUDAN) was the worst loser, down 6.9% to 1.76, Islamic Arab Insurance (IAIC) fell 5.5%.
Gulf Navigation (GULFNAV) was down 3.2%, and the other losers fell less than 3%. Emarat Takaful Insurance (TAKAFUL-EM) was the top gainer, 5% limit up at 0.78, Emirates NBD (ENBD) rose 3.0%, Deyaar Development (DEYAAR) 2.5%, and the other gainers were up less than 2.5%.
Abu Dhabi Securities Exchange
Abu Dhabi stocks fell 0.14% to 2822 points from trading worth AED 276m with Aldar Properties (ALDAR) the most actively traded stock, down 1.15% to 2.58 from AED 58m. Sorouh Real Estate (SOROUH) was the worst of the more active losers, down 1.7% to 1.74, Dana Gas (DANA), Waha Capital (OILC), and First Gulf Bank (FGB) fell 1.2%, and the other stocks were down less than 1% or on thin trading.
Methaq Islamic Insurance (METHAQ), Al Khazna Insurance (AKIC), and Green Crescent Insurance (GCIC) were the top gainers, all closing 10% limit up. Arkan Building Materials (ARKAN) rose 4.8%, Ras Al Khaimah Properties (RAKPROP) was up 4.0%, National Marine Dredging (NMDC) 3.5%, and the other gainers rose less than 3%.
