Both the Dubai Financial Market (DFM) and Abu Dhabi Securities Market (ADSM) enjoyed good days yesterday.
Rather then suffer quiet pride swallowing trials of stagnation and regression, traders on the leading UAE exchanges could pat themselves on the back on a good day's work.
At the DFM, which rose 0.60 per cent to close on 458.36 per cent, 13 companies ended the day better off than they started, compared to only four who did not.
This is such a rarity at the moment that it can be considered a collectors item.
The most chuffed of all the happy firms was Dubai Islamic Insurance, it saw 6.46 per cent added to its share price, a large gain at the DFM.
The biggest faller was the National Bank of Dubai losing 3.34 per cent of its value, as its price slipped to dhs 122.70.
The ADSM increased by 0.74 per cent to finish on 3,538.34 points.
Here the biggest winner was Al Khazna Insurance Company, 9.90 per cent was added to its share price as it finished the day on dhs 2.22.
The largest of the fallers was Al Wathba Insurance Company, it fell 9.93 per cent.
© 7Days 2006
