Emaar shares gain, DP World lose

13 July 2010

The Dubai Financial Market (DFM) defended its 1,500 points-level by gaining 0.36%, closing at 1,508.24 points. While DFM heavyweight Emaar Properties added 1.54% (finishing at Dhs3.30), Nasdaq Dubai's bellwether Dubai Ports (DP) World ended two percent lower at $0.44. Other real estate related shares were among the top gainers such as the Sharia-compliant Deyaar Development (0.95% higher at Dhs0.318) or Arabtec (up 1.75% at Dhs1.74). Ten shares gained value while eleven lost whilst an impressive 45 stocks closed unchanged, such as the DFM itself (even at Dhs1.49). Some 35.8m shares changed hands.

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