Al Nokhitha Fund NAV (07/09/10)
AED 3.961, up 1.392% from 06/09/10
ADCB MSCI UAE Index Fund NAV (07/09/10)
AED 4.176, up 1.532% from 06/09/10
ADCB MSCI Arabian Markets Fund NAV (07/09/10)
USD 5.380, up 0.065% from 06/09/10
Al Basha'er Fund NAV (31/08/10)
USD 6.904 , down 0.534% from 31/07/10
UAE markets continue to rise as global stocks gain
06 April 2009
UAE markets saw continued gains from Thursday as global markets rise.
The Dubai Financial Market index advanced 2.64 per cent to 1,624.95, while Abu Dhabi Securities Exchange (ADX) moved up 1.79 per cent to 2,541.74.
"The Dow has posted its best four week gain for 70 years and markets have been able to shrug off ugly members meeting, equally ugly estimates," Mathew Wakeman, managing director, cash and equity linked trading, EFG-Hermes said, referring to the G20 meeting that took place in London, on Thursday.
The market capitalization gained a combined Dh7.15 billion to Dh369.87 billion, according to the Emirates Securities Market report.
Dubai saw high trading of the DFM stock and those of the real estate market.
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