UAE market news & discussions for 31 December 2009Happy New Year everyone. Hopefully 2010 will be better than 2009 for your investments. UAE financial news - latest news from Reuters, Bloomberg and UAE mediaDubai Financial MarketThe Dubai Financial Market (DFM) fell 0.37% to 1804 points from turnover of AED 409m worth. Emarat Takaful Insurance (TAKAFUL-EM) was the top gainer, up 6.2%, and Arabtec (ARTC) was the best of the more active gainers, up 2.3%. Al Salam Bank Sudan (ALSALAMSUDAN), down 4.4%, and Emirates NBD (ENBD), down 3.9%, were the worst of the losers. Emaar Properties (EMAAR) fell 0.52% to 3.86 from AED 221m worth of trading. Abu Dhabi Securities ExchangeThe ADX fell 0.09% to 2743 points from turnover of just AED 85m with Gulf Pharmaceutical Industries (JULPHAR) and Bank of Sharjah (BOS) leading the gainers from low volumes, and Abu Dhabi Commercial Bank (ADCB) and Abu Dhabi Aviation (ADAVIATION) the worst of the losers. Aldar Properties (ALDAR) was the most active stock, down 0.1% from AED 21m worth of trading, no other stocks saw more than AED 10m worth of deals. | |