Dubai market falls, rises and falls again

30 November 2010

The DFM General Index ended a rollercoaster Tuesday 0.36% lower to close at 1,668.82 points as some 83m stocks changed hands. The DFM shares declined 1.94% on high volumes to finish at Dhs1.52, while universal bank Emirates NBD, the largest by assets in the UAE, gained 1.56%, closing at Dhs3.25. The DFM managmenet announced today, that “on the occasion of the UAE national day and New Hejry year, the official holiday will start on Thursday, 2 Dec 2010 and trading shall resume on Monday 6 Dec 2010.” At the Nasdaq Dubai, DP World shares closed flat at $0.60.

A MEED Subscription...

Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.

Get Notifications