UAE Financial Market News
22 August 2010. UAE stocks saw little movement and little activity with both markets dropping marginally, by 0.03% each. On the Nasdaq Dubai, DP World is down 4.4%, and Depa is down 2.3%.
Dubai Financial Market
Dubai stocks ended almost unchanged at 1492 points from turnover of AED 54m with Emirates Integrated Telecommunications (DU) the most active stock for a change, up 3.4% to 2.11 from AED 18m worth of trading. Emaar Properties (EMAAR), Arabtec (ARTC), and Dubai Islamic Bank (DIB) were unchanged.
Air Arabia (AIRARABIA) rose 0.12%, Union Properties (UPP) fell 1.4%, Dubai Financial Market (DFM) and Deyaar Development (DEYAAR) fell less than 1%, and the remaining stocks traded on less than AED 1m worth.
Abu Dhabi Securities Exchange
Abu Dhabi stocks ended almost unchanged at 2506 points from trading worth just AED 35m with Aldar Properties (ALDAR) the only stock trading more than AED 10m, unchanged at 2.20.
Only 3 other stocks traded more than AED 1m worth - Sorouh Real Estate (SOROUH) up 0.62%, Emirates Telecom (ETISALAT) up 0.50%, and Dana Gas (DANA) unchanged.
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