UAE market news & discussions for 28 June 2010Most UAE stocks fell, although increases in Etisalat and NBAD kept the Abu Dhabi index in the green ... just. On the Nasdaq Dubai at 1630 UAE time, DP World is down 5.6%, Depa is unchanged, and Damas is down 3.0%. UAE financial news - latest news from Reuters, Bloomberg and UAE mediaDubai Financial MarketDubai stocks fell 1.2% to 1515 points from AED 223m worth of trading with Emaar Properties (EMAAR) the most active stock, down 2.1% to 3.20 from AED 102m. Deyaar Development (DEYAAR) was the worst of the more active losers, down 4.35% to 0.33, Arabtec (ARTC) fell 2.15%, and the other losers fell less than 2% or on thin trading. There were only two gainers trading more than AED 1m worth - National General Cooling (TABREED) and Ajman Islamic Bank (AJMANBANK), both up less than 1%. Emirates NBD (ENBD) was unchanged at 2.60 from low volumes. Abu Dhabi Securities ExchangeAbu Dhabi stocks rose marginally, by 0.08% to 2553 points from trading worth AED 110m with Aldar Properties (ALDAR) the most active stock, down 3.6% to 2.96 from AED 36m. Ras Al Khaimah Cement (RAKCC) was the worst of the more active stocks, down 5.3% to 0.72, Aabar Energy (AABAR) fell 5.1%, Dana Gas (DANA) 2.9%, Ras Al Khaimah Properties (RAKPROP) 2.7%, and the other losers fell less than 2% or on thin trading. There were only two gainers trading more than AED 1m - National Bank of Abu Dhabi (NBAD) up 3.2% to 11.30, and Emirates Telecom (ETISALAT) up 0.97% to 10.50. | |