The DFM Index lost 0.71% on Thursday and 6.56% since the closing of last week. Financials and transport firms were the major losers today, with Sharjah-based budget carrier Air Arabia (off 2.55% at Dhs0.803). Shares of Islamic real estate developer Deyaar bucked the trend, closing 0.33% higher at Dhs0.307. Deyaar reported today a net loss of Dhs243m for the second quarter of 2010, down from a profit of Dhs75.332m in Q2 2009. The company's gross revenues for the three months ending June 30, 2010, stood at Dhs79.7m. Shares of Nasdaq-Dubai listed Dubai Ports (DP) World declined 2.68% to $0.472. Some 47.3m shares changed hands.
You might also like...
Rainmaking in the world economy
19 April 2024
Oman receives Madha industrial city tender prices
19 April 2024
Neom seeks to raise funds in $1.3bn sukuk sale
19 April 2024
Saudi firm advances Neutral Zone real estate plans
19 April 2024
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.