Nasdaq Dubai: DP World shares stabilise

28 September 2010

The FTSE NASDAQ Dubai UAE 20 Index closed at 1771.710 today, down -3.880, or -0.22%, from the previous close. Shares of ports operator DP World gained amid high trading volumes by 0.97%, reaching $0.52. News on a planned $1bn Euro Medium Term Note by the Dubai government might have supported DP World shares, as the emirate of Dubai holds four fifths in the firm. Dubai Gold Securities ended 0.62% lower at $128.18 as the price for an ounce of gold eased Tuesday from its record highs by 0.6%, trading at $1,287.80.

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