Wednesday, May 08, 2013
Dubai:
UAE indices garner strength from a rally on global markets coupled with strong investor optimism to post further gain on Wednesday.
Dubai index closed 0.60 per cent higher at 2162.55 points.
Among the losers, Oman Insurance suffered 9.92 per cent followed by Al Salam Bank - Bahrain by 2.09 per cent and Ekkitab by 1.68 per cent.
United Foods was the biggest gainer by 10.09 per cent, followed by Arabtec by 9.91 per cent and GGICO by 2.70 per cent.
Of the 30 companies traded, 19 rose, 10 fell and one remained unchanged.
About 460.43 million shares worth Dh633.65 million were traded.
Gulf Finance House was the active volume leader while Arabtec was the active value leader.
Dubai is the region’s best performing market this year, up 32.7 per cent.
Meanwhile, Abu Dhabi’s benchmark continued its rally further to close 0.12 per cent at 3343.82 points, fuelled by real estate, investment and financial services sectors.
Oman & Emirates Investment Holding Company was the biggest gainer by 14.41 per cent while Invest Bank was the biggest loser by 10 per cent.
Of the 32 companies traded, 14 rose, nine fell and nine remained unchanged.
About 108.46 million shares worth Dh192.93 million were traded.
Aldar was the active volume and value leader.
By Naushad K.?Cherrayil Staff Reporter
Gulf News 2013. All rights reserved.
