UAE market news & discussions for 19 August 2010UAE stocks rose a little today, led by increased volumes in Aldar and Emaar. On the Nasdaq Dubai, DP World rose 5.7%, and Depa was up 0.76%. UAE financial news - latest news from Reuters, Bloomberg and UAE mediaDubai Financial MarketDubai stocks rose 0.72% to 1492 points from trading worth AED 111m with Emaar Properties (EMAAR) the most active stock, and also the best of the more active gainers, up 1.9% to 3.25 from AED 56m. Dubai Investment Company (DIC) rose 1.8%, Union Properties (UPP) 1.7%, and the other gainers were up less than 1.5% or on thin trading. There were 5 losers, none trading more than AED 1m worth. Emirates NBD (ENBD) closed unchanged at 2.47. Abu Dhabi Securities ExchangeAbu Dhabi stocks rose 0.42% to 2506 points from trading worth AED 110m with Aldar Properties (ALDAR) the most active stock, and also the best of the more active gainers, up 1.85% to 2.21 from AED 44m. National Bank of Abu Dhabi (NBAD) was up 1.8&, Waha Capital (OILC) 1.5%, and the other gainers rose less than 1.5% or on thin trading. There were 5 losers with only First Gulf Bank (FGB) trading more than AED 1m, down 0.36% to 13.95. Emirates Telecom (ETISALAT) was unchanged at 10.05. | |