Dubai market weakens 0.14%

07 April 2011

The DFM General Index finished the week slightly lower, closing off 0.14% at 1,555.41. The advance-decline ratior finished at 11:11 (four stocks remained flat). Dubai Refreshments surged 14.91% to reach Dhs9.48. The sole franchisee and distributor of PepsiCo products in Dubai and Northern Emirates, has opened a distribution centre to meet the growing demand for its products. Emaar edged 1.27% higher, closing at Dhs3.20. Dubai Islamic Bank lost four percent, finishing at Dhs2.15. Over the week the DFM closed unchanged.

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