DFM, ADX fall

The Dubai Financial Market dropped by 1.21% to 1,712 today, led by the Utilities sector, which fell sharply by 4.91%. Market heavyweight Emaar slipped down 1.04% to Dhs3.81, while Air Arabia tumbled 3.40% to Dhs0.908. Overall, 21 stocks ended lower while 3 closed higher.

The Abu Dhabi Securities Index slipped by 1.41% to 2,752 today, led by the Construction sector, which dropped by 3.98%. Market heavyweight Dana Gas fell bt 2.50% to Dhs0.80, while another market leader Aldar Properties fell 3.93% to Dhs3.73.

The current Foreign Exchange and Gold rates are:

.

Forex Rates (AED)

Currency             Buy            Sell

US Dollars            3.653         3.685

Euro                     4.596         4.800

Pound                  5.342         5.774
.

Gold Rates (AED)

Type             Today              Yesterday

TT Bar           16600.00         16700.00

24 Carat       144.50             145.25

22 Carat       134.50             135.25

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