Archive for April, 2010

Thursday, April 29, 2010 6:06 pm

Euro slips further

Euro slips further

The Dubai Financial Market went up by 1.51% today to 1,739, led by the Real Estate sector, which gained 3.25%. Emaar Properties, the day’s most actively traded stock by value and by volume, gained 3.17% to Dhs3.91. Arabtec was the day’s big gainer, rising 6.01% to Dhs2.47. Overall, 17 stocks closed higher while 7 ended [...]

Thursday, April 29, 2010 5:54 pm

Greece financial crisis causes Euro to hit 5-month low

Euro fell to a 5-month low on Wednesday following news that European Union finance Chiefs had stepped up pressure on Greece to tackle its debt crisis and crack down on its habit of reporting suspect statistics; this despite the Greek government plan to bring its record debt levels under control and reign in spending. Greece: 2009 [...]

Wednesday, April 28, 2010 4:27 pm

DFM and ADX fall further

DFM and ADX fall further

The Dubai Financial Market slipped by 1.89% today to 1,714, with 23 stocks falling and only 3 rising. Market heavyweight Emaar Properties fell by 2.32% to Dhs3.790. Gulf Navigation was the day’s biggest gainer, moving up 5.77% to Dhs0.550. The Abu Dhabi Securities Exchange too slipped by 0.90% today to close on 2,777, led by [...]

Tuesday, April 27, 2010 4:47 pm

DFM and ADX edge lower

DFM and ADX edge lower

The Dubai Financial Market slipped 0.58% today to 1,747, with 9 stocks rising and 18 stocks falling. Market heavyweight Emaar Properties slipped 2.02% to Dhs3.88. Emirates NBD moved up 2.71% to Dhs3.03. The biggest lose of the day was International Financial Advisors (IFA), slipping 9.57% to Dhs5.20. The Abu Dhabi Securities Exchange also slipped 0.27% [...]

Monday, April 26, 2010 5:07 pm

DFM and ADX slip

DFM and ADX slip

The Dubai Financial Market slipped by 0.69% today to 1,757, led by the Insurance sector, which fell 2.864%. Emaar Properties, the day’s most actively traded stock by value and by volume, dropped by 1.98% to Dhs3.690. Overall, 15 stocks ended lower while 11 closed higher. The Abu Dhabi Securities Index also slipped by 0.39% today [...]

Thursday, April 22, 2010 6:11 pm

DFM rises ADX slips

DFM rises ADX slips

The Dubai Financial Market went up by 1.41% today to close on 1,754, with 17 stocks rising and 9 falling. Gulf Navigation had the day’s biggest gain, rising 5.56% to Dhs0.570. Drake & Scull suffered the day’s biggest loss, falling 5.80% to Dhs0.925. The Abu Dhabi Securities Index slipped 0.19% today to close on 7,815, [...]

Wednesday, April 21, 2010 7:13 pm

DFM slips, ADX rises

DFM slips, ADX rises

The Dubai Financial Market slipped 0.80% today to close on 1,730, with 15 stocks falling and 10 rising. Takaful House gained the most today, climbing 5.36% to Dhs1.180. Deyaar Development had the biggest slide, falling 4.98% to Dhs0.420. The Abu Dhabi Securities Exchange rose by 0.54% today to close on 2,820, with 14 stocks rising [...]