Dubai Market ends almost unchanged

09 June 2010

The Dubai market DFM failed to sustain early gains and ended 0.05% lower at 1,512.74 points. Trading was lacklustre as turnover declined by 16% and volumes were down 9% with some 63.6m shares changing hands. Emaar Properties, the DFM bellwether, finished unchanged at Dhs3.10. Telecom provider Du added 0.98%, ending at Dhs2.07. Gulf General Investment Company (GGIC) plummeted 4.61%, closing at Dhs0.58. GGIC announced today that one of its board members, Dr. Moawiyah Al Shunnar, resigned due to health reasons.

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