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Article: ADX Hits 11-month High; DFM Fails to Sustain Rally,C?
- Article from:
- Khaleej Times (Dubai, United Arab Emirates)
- Article date:
- October 9, 2009
CopyrightCOPYRIGHT 2009 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Summary: DUBAI u UAE shares ended mixed on Wednesday, with Dubai slightly down on profit-taking after recent rallies, while a rise in real estate and banking stocks lifted Abu Dhabi to its best finish in C nearly a year.
Index heavyweight Emaar Properties inched up just 0.5 per cent to Dh4.37, while Emirates NBD added 1.8 per cent to Dh4.48, helping pare down losses in Dubai. Aa Dubai Financial Market PJSC, the only listed stock exchange operator in the Middle East, shed 2.4 per cent at Dh2.47. Aa Abu Dhabi's First Gulf Bank surged by 3.9 per cent to Dh18.65.
The main index of the Dubai Financial Market was unable to sustain a strong start and after ...