UAE market news & discussions for 28 September 2010UAE stocks fell but on lower trading volumes. On the Nasdaq Dubai, DP World is up 0.97%, and DGS is down 0.62%. UAE financial news - latest news from Reuters, Bloomberg and UAE mediaDubai Financial MarketDubai stocks fell 0.53% to 1690 points from trading worth AED 146m with Emaar Properties (EMAAR) the most actively traded stock, down 0.79% to 3.77 from AED 58m. Except for a couple of trades in Dar Takaful Insurance (DARTAKAFUL), Shuaa Capital (SHUAA) was the worst loser, down 2.7% to 1.07. National General Cooling (TABREED) fell 2.2%, and the other losers were down less than 2%. Dubai National Insurance & Reinsurance (DNIR) was the best of the more active gainers, up 2.4% to 2.15, Gulf Finance House (GFH) rose 1.3%, and HITS Telecom was the only other gainer trading more than AED 1m, up 0.16%. Abu Dhabi Securities ExchangeAbu Dhabi stocks fell 0.12% to 2661 points from AED 100m worth of trading with Aldar Properties (ALDAR) the most active stock, down 2.3% to 2.51 from AED 30m. Ras Al Khaimah Cement (RAKCC) was the worst of the more active stocks, down 2.5% to 0.77, Ras Al Khaimah Properties (RAKPROP) fell 2.4%, Sorouh Real Estate (SOROUH) 2.2%, and the remaining losers were down less than 2% or on thin trading. Except for a couple of small trades in Abu Dhabi Ship Building (ADSB), Agthia Group (AGTHIA) was the best gainer, up 2.2% to 2.28, and the other gainers were up less than 1.5%. Emirates Telecom (ETISALAT) rose 0.47%, and National Bank of Abu Dhabi (NBAD) fell 0.42%. | |