Dubai bourse closes the week positively

31/03/2011 00:00 AST

Apparently lifted by comments from HH Sheikh Ahmed Bin Saeed Al-Maktoum, Chairman of Emirates Airline, of Dubai World and of the Dubai Supreme Fiscal Committee, that the Dubai economy might grow by 4% this year, the DFM General Index closed 0.85% higher at 1,556.04. Shares of Dubai Islamic Bank (DIB), which holds its Annual General Meeting (AGM) later in the day, added 1.37% to reach Dhs2.22. In 2010, DIB achieved a full-year net profit of Dhs812.633m compared to Dhs1.21bn in the previous year. Emaar (up 2.87% at Dhs3.23) was the most liquid share. Commercial Bank of Dubai (down 7.69% at Dhs3) posted the largest decline. Some 168.76m stocks worth 254.78m securities changed hands.


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SABIC 114.77 5,915,941

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ADX 4,608.97 23.76 (0.52%)

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ADIB 3.91 0.02 (0.51%)
FAB 11.95 0.20 (1.70%)
ADCB 6.60 0.05 (0.76%)
CBI 0.87 0.11 (14.47%)
FGB 0.00 0.00 (0.00%)

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DFM 3,091.15 -9.24 (-0.30%)

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Index Chart

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Ticker Price Change
EMIRATESNBD 10.65 0.05 (0.47%)
EIB 9.50 0.00 (0.00%)
EMAAR 5.61 -0.03 (-0.54%)
EMAARMALLS 2.16 0.00 (0.00%)
DIB 5.30 0.00 (0.00%)

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