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 to 2,810, led by the Consumer sector, which dropped by 3.96%. National Bank of Um Al Quwain was the day’s largest gainer, rising 9.36% to Dhs2.71. The Bank of Sharjah had the biggest loss, falling 6.87% to Dhs1.72.

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                     4.821         5.033

Pound                  5.550         5.788

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Gold Rates (AED)

Type             Today              Yesterday

TT Bar           16020.00         16000.00

24 Carat       139.50             139.25

22 Carat       130.00             129.75

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