UAE market news & discussions for 23 September 2010UAE stocks rose although trading was light. On the Nasdaq Dubai, DP World fell 0.97%, Depa fell 1.5%, and DGS was down 0.08%. UAE financial news - latest news from Reuters, Bloomberg and UAE mediaDubai Financial MarketDubai stocks rose 0.94% to 1689 points from trading worth AED 178m with Emaar Properties (EMAAR) the most active stock, up 1.1% to 3.77 from AED 53m. Union Properties (UPP) was the top gainer, up 5.8% to 0.42, National General Cooling (TABREED) was up 2.6%, and the other gainers were up less than 1.5% or on thin trading. There were only two losers, both trading less than AED 1m, Al Salam Bank Sudan (ALSALAMSUDAN) and Islamic Arab Insurance (IAIC). Abu Dhabi Securities ExchangeAbu Dhabi stocks rose 0.31% to 2639 points from AED 118m worth of trading with First Gulf Bank (FGB) the most actively traded stock, unchanged at 14.90 from AED 29m worth of deals. Agthia Group (AGTHIA) was the best of the more active gainers, up 5.7% to 2.18, Union National Bank (UNB) rose 1.8%, Abu Dhabi National Energy (TAQA) was up 1.6%, and the remaining gainers were up less than 1.5% or on thin trading. Ras Al Khaimah Properties (RAKPROP) was the worst loser, down 2.4% to 0.41, Dana Gas (DANA) fell 2.35%, and the other 5 losers fell less than 1.5%. Emirates Telecom (ETISALAT) and National Bank of Abu Dhabi (NBAD) rose about half a percent each. | |