DP World drops 4.76% as London listing is postponed

28 June 2010

At the Nasdaq Dubai, shares of Dubai Ports (DP) World closed 4.76% lower at $0.46 on heavy trading volumes. DP World decided to postpone a planned dual listing at the London Stock Exchange (LSE). More than 11.5m DP World shares changed hands. Interior designer Depa Ltd. ended flat at $0.75, and jewelry trader Damas plummeted 3.03%, closing at $0.16.

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