UAE market news & discussions for 04 October 2010UAE stocks fell which seems to be the usual theme again. On the Nasdaq Dubai, DP World fell 0.20% to US$0.51. UAE financial news - latest news from Reuters, Bloomberg and UAE mediaDubai Financial MarketDubai stocks fell 0.48% to 1687 points from AED 126m worth of trading with Emaar Properties (EMAAR) the most active stock, down 0.80% to 3.72 from AED 40m. Drake & Scull (DSI) was the worst of the more active losers, down 2.0% to 0.92. Emirates Integrated Telecommunications (DU) fell 1.9%, Arab International Logistics (ARMX) 1.8%, Deyaar Development (DEYAAR) 1.6%, and the other losers were down less than 1.5% or on thin trading. There were only 4 gainers, none trading more than AED 1m worth. Abu Dhabi Securities ExchangeAbu Dhabi stocks fell 0.39% to 2664 points from trading worth AED 104m with First Gulf Bank (FGB) in top spot on turnover for a change, down 1.0% to 14.95 from AED 33m. Aldar Properties (ALDAR) was the worst of the more active losers, down 2.4% to 2.43, Abu Dhabi Commercial Bank (ADCB) fell 2.2%, and the other losers were down less than 2% or on thin trading. Abu Dhabi Islamic Bank (ADIB) was the best of the more active gainers, up 3.2% to 2.94, Ras Al Khaimah Properties (RAKPROP) rose 2.4%, and the other gainers were up less than 2% or on thin trading. National Bank of Abu Dhabi (NBAD) was unchanged, and Emirates Telecom (ETISALAT) fell 0.93%. | |