Dubai stock markets lose slightly

03 November 2010

The Dubai Financial Market (DFM) opened in the green on Wednesday, but eventually ended 0.37% lower at 6,349.38 points. Real estate and investment firms posted the largest declines. Union Properties lost 2.28% to finish at Dhs0.429, while investment company Almadina declined 1.65% to close at Dhs0.77. At the Nasdaq Dubai, the FTSE NASDAQ Dubai UAE 20 Index closed at 1837.700, down 0.12%, from the previous close. POrt operator DP World (up 0.51% at $0.595) and Depa Ltd. (gaining 1.43% at $0.71) advanced, while jewellery trader Damas closed unchanged at $0.16.

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