ADX and DFM slip lower

The Dubai Financial Market slipped by 0.25% today to 1,601, with 14 stocks falling and 9 rising. Telecom operator Du fell today by 3.61%. Market heavyweights Emaar Properties and Arabtec ended the day unchanged.

The Abu Dhabi Securities Exchange fell by 0.17% today to 2,636, led by the Health Care sector, which slipped by 2.46%. Abu Dhabi National Hotels was the day’s big gainer, rising 7.02%. Overall, 15 stocks ended higher, while 8 closed lower.

The current Foreign Exchange and Gold rates are:

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Forex Rates (AED)

Currency             Buy            Sell

US Dollars            3.653         3.685

Euro                     4.418         4.617

Pound                  5.220         5.447
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Gold Rates (AED)

Type             Today              Yesterday

TT Bar           16800.00         16830.00

24 Carat       146.00             146.25

22 Carat       136.00             136.25

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