Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Dubai, Abu Dhabi bourses rise   Join our daily free Newsletter

MENAFN - Khaleej Times - 03/09/2007

No. of Ratings : 0
Add to Mixx!


 


(MENAFN - Khaleej Times) DUBAI — With its total traded shares valued at Dh1.32 billion, Dubai's main index yesterday rose 38.84 points, or 0.91 per cent, to close the first day of weekly trading at 4,294.14. Shares in Abu Dhabi gained 11.6 points, or 0.34 per cent, to 3,448.41.


Five of the nine sectors on the Dubai Financial Market (DFM) General Index had increased between 0.7 per cent to 2,582.50 (banks) and 2.1 per cent to 791.26 (telecommunication). The utilities, materials and common staples indices were flat while the transportation sector dropped 0.1 per cent to 664.81.

The DFM gainers were led by Dubai National Insurance and Islamic Arab Insurance, which advanced 5 per cent to Dh3.51 and 2.22 per cent to Dh3.21, respectively.

The country's second telecom operator, du, was also a big gainer with a climb of 2.1 per cent to Dh4.89. Shuaa Capital, the region's leading investment-banking institution, and the only publicly traded stock exchange in the region, DFM Co., rose 2 per cent each to Dh5.10 and Dh3.20, respectively.

Gulf Navigation Holding, the leading shipping and marine services company in the region, was the sole loser with a fall of 0.8 per cent to Dh1.29.

In Abu Dhabi, the real estate sector jumped 2.1 per cent to 856.28 while the industrial and health care indices slumped 0.52 per cent to 1,993.50 and 0.13 per cent to 1,243.08, respectively.

Abu Dhabi National Takaful Co. topped the Abu Dhabi Securities Market (ADSM) Index with a jump of 5 per cent to Dh4.49. International Fish Farming and Abu Dhabi Ship Building Co. rose 4.2 per cent each to Dh5.97 and Dh3.25, respectively, while Bank of Sharjah gained 3.13 per cent to Dh2.97.

 






  MENA News Headlines


 
Click to Apply






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country
Marketwatch News
UPI News
Comtex News

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help