Business | Markets
Emaar leads early declines in Dubai
Emaar Properties shares declined more than 4 per cent in early trading on Sunday, leading an almost 2 per cent fall on the main index.
- Agencies
- Published: 10:44 January 11, 2009
Dubai: Emaar Properties shares declined more than 4 per cent in early trading on Sunday, leading an almost 2 per cent fall on the main index.
Shares in Abu Dhabi and Oman edged higher.
Emaar dropped 4.13 per cent, pushing the index down 1.85 per cent to 1,697 points. Dubai Islamic Bank fell 6.15 per cent.
In Abu Dhabi, Methaq Takaful Insurance Co. jumped 9.79 per cent, helping boost the main index up at 0.29 percent to 2,534 points.
More from Markets
More from Business
Business Editor's choice
-
Do unemployment figures flatter to deceive?
Jobseekers and recruiters give out mixed signals ranging from optimism to downright despair even as official data show recovery
-
Banks can increase their share
Longer opening hours, more locations outside cities and lower charges can help
-
Geepas idea blossomed in Dubai
The journey led from a small shop in Bahrain to a $1.27b company in the UAE
